ECB-CFS Conference
4 - 5 September 2008

Household Finances and Consumption


Luigi Guiso (European University Institute)
Michael Haliassos (Center for Financial Studies and Goethe University Frankfurt)
Peter Mooslechner (Austrian National Bank)
Lucrezia Reichlin (European Central Bank)



The European Central Bank and the Center for Financial Studies at Goethe University Frankfurt are organizing a conference on Household Finances and Consumption. The objective of the conference is to present state-of-the-art empirical research and empirically motivated theoretical research on household asset accumulation, debt, and consumption behavior over the life cycle. The focus of the conference is on papers based on household-level, survey data without geographical limitation but with some preference for comparative analysis across countries. We actively solicit papers in the following areas, but other related areas may also be considered:


• Household consumption, saving, and portfolio choice

• Financing retirement and the demographic transition

• Housing, mortgage markets, and financial markets

• Household Finances and Monetary Policy

• Consumer indebtedness and financial distress

• Behavioral approaches to asset accumulation, debt behavior, and consumption

• Financial literacy, financial sophistication, and professional advice

• Subjective expectations, overconfidence, pessimism and portfolio choice

• Social networks and trust


The conference will include plenary talks by distinguished academics and central bankers. The academic talks will be given by Prof. Orazio Attanasio (University College London) and Prof. Deborah Lucas (Northwestern).


Johann Wolfgang Goethe-University

Campus Westend

Frankfurt am Main, Germany


Call for Papers

Download Call for Papers


If you wish to submit a paper, please email an abstract and the paper, if available, as separate pdf file to Ms. Jeanette Cramer at the European Central Bank. The deadline for submitting papers is May 30, 2008. Inclusion in the Program will be confirmed by June 30, 2008. Travel and local expenses of paper presenters will be covered. Only electronic submissions will be considered.


Registration for Plenary Talks / Conference Fee

Plenary talks on September 4 are open to financial practitioners, public servants, and to interested researchers who do not intend to register for the entire conference. If you wish to participate only in the plenary session, open to financial practitioners, interested researchers, and students, please send your reply form by August 1, 2008.


The participation fee for plenary talks has been set to


€ 100


Academics, public servants, and students are exempted from this fee.

Registration by August 1, 2008 is needed. 


Attendance Full Conference

If you wish to participate in the full conference, please send an email to the contact person below by May 30, 2008.


Jeanette Cramer
European Central Bank