La Banque centrale européenne organise tous les deux ans une conférence biennale sur la finance et la consommation des ménages, dans le but d'encourager les recherches empiriques et théoriques sur la manière dont l'hétérogénéité des ménages influe sur l'accumulation des actifs et de la dette, les comportements de consommation/épargne et la transmission de la politique monétaire. La conférence se concentre sur les travaux utilisant les données individuelles au niveau des ménages, avec un intérêt particulier pour les données de l'Enquête de l’Eurosystème sur les finances et la consommation des ménages (HFCS). La prochaine conférence, organisée avec la Banque de France, aura lieu à Paris, du 14 au 15 décembre.
This fifth edition of the conference is jointly organized by the ECB and the Banque de France. It aims at fostering empirical and theoretical research on how household heterogeneity affects the accumulation of assets and debt, consumption/saving behaviour and the transmission of monetary policy. The focus of the Conference is on research that makes use of household level data, with a special interest in the data from the Household Finance and Consumption Survey (HFCS).
Luigi Guiso, Monika Piazzesi, Thomas Piketty, Luigi Pistaferri, Martin Schneider and Gianluca Violante will participate as invited speakers. For information on past conferences on household finance and consumption, on access to the HFCS data, and on the survey in general, see http://www.ecb.europa.eu/pub/economic-research/research-networks/html/researcher_hfcn.en.html.
Organising committee: Michael Haliassos (CFS and Goethe University), Tullio Jappelli (University of Naples Federico II), Sébastien Pérez-Duarte (ECB), Frédérique Savignac (Banque de France), Jiri Slacalek (ECB), Oreste Tristani (ECB).
08:15 | Registration and coffee |
08:50 | Introductory Remarks, Denis Beau (Deputy Governor, Banque de France) |
09:00 | Monika Piazzesi (Stanford) with A. Peter and M. Schneider: "Houses and Families across Countries" |
09:45 | Coffee break |
| Session: Housing markets |
Fabian Kindermann, with S. Kohls: "Rental Markets and Wealth Inequality in the Euro Area" | |
10:05 | Alexandra Steiny, with U. Malmendier: "Rent or Buy? The Role of Lifetime Experiences of Macroeconomic Shocks within and across Countries" |
12:05 | Coffee break |
12:25 | Luigi Pistaferri (Stanford) with A. Fagereng, L. Guiso, and D. Malacrino: "Heterogeneity and Persistence in Returns to Wealth" |
13:10 | Lunch |
14:10 | Chair: Frédérique Savignac (Banque de France) |
14:55 | Coffee break |
15:15 | Bertrand Garbinti, with J. Goupille-Lebret and T. Piketty: "Accounting for Wealth Inequality Dynamics: Methods, Estimates and Simulations for France (1800-2014)"Appendix |
16:15 | "Shorter presentations by the HFCN" [20 minutes per presentation] |
17:15 | End of Day 1 |
08:15 | Coffee |
08:45 | Speech, Anne Le Lorier (Deputy Governor, Banque de France) |
09:50 | Coffee break |
10:10 | Session: Households and credit |
12:10 | Coffee break |
12:30 | Luigi Guiso, EEIF, with A. Pozzi, A. Tsoi, L. Gambacorta and P. Mistrulli: "Distorted Advice in The Mortgage Market" |
13:15 | Lunch |
14:15 | Chair: Oreste Tristani (ECB) |
15:00 | Paper e: P. Marek (Bundesbank): "Homeownership Rates of Young Households in Germany" |
16:00 | End of conference |
Mis à jour le : 09/02/2018 15:58