European Conference on Sustainable Household Finance
The Swedish House of Finance's Annual Conference co-organized with CEPR, brought together leading academics and practitioners in the field of sustainable household finance to discuss important, and current topics.
The 2025 CEPR European Conference on Household Finance was held in Stockholm on 18–20 September, jointly organized by the CEPR Research and Policy Network on Household Finance and the SHoF.
This year’s conference focused on sustainable household finance, latest research on how households make financial decisions and how these are influenced by policy, institutions, and the broader economic environment. It offered a unique platform for dialogue between academia, policy, and practice in the field of household finance.
The conference discussed how to measure the new risks, which companies and assets are likely to be more exposed to, and evidence of the effects of these shocks.
Conference format
September 18 – Open policy conference: The first day of the conference was open to the general public and featured discussions on policy implications.
September 19-20 – Academic conference: The second part of the conference was around presentations of research papers with comments by invited discussants. These sessions was open primarily to invited academics but also to selected policymakers and practitioners with an academic interest.
First day – Open policy conference
Keynote and Panelist speakers:
Caroline Flammer
A. Barton Hepburn Professor of Economics at Columbia University
Michael Greenstone
Milton Friedman Distinguished Service
Professor in Economics at the University of Chicago
Michael Haliassos
Professor and Chair for Macroeconomics and Finance, Goethe University Frankfurt
Founding Director of the CEPR Network on Household Finance
Åsa Knudsen Sterte
Head of Climate and Sustainable Finance at SEB
Gabriel Lundström
Head of Sustainability at Skandia
Marcus Svedberg
Chief Economist at Folksam
Policy Conference
| 14:30-14:50 | Registration and Coffee |
| 14:50-15:00 | Opening remarks |
| Paolo Sodini, Professor, Stockholm School of Economics & Researcher, Swedish House of Finance & CEPR | |
| Michael Haliassos, Professor and Chair, Goethe University Frankfurt & Founding Director, CEPR Network on Household Finance | |
| 15:00-15:40 | Keynote presentation: "The Global Energy Challenge" |
| Michael Greenstone, University of Chicago & CEPR | |
| 15:40-16:20 | Keynote presentation: "Blended Finance" |
| Caroline Flammer, Columbia University & CEPR | |
| 16:20-16:40 | Keynote presentation: “Climate Household Finance” |
| Michael Haliassos, Goethe University Frankfurt & CEPR | |
| 16:40 -17:00 | Coffee break |
| 17:00-18:00 | Panel discussion “How Climate Change Hits Home: Risks and Responses for Households” |
| Åsa Knudsen Sterte, Head of Climate & Sustainable Finance, SEB | |
| Gabriel Lundström, Head of Sustainability, Skandia | |
| Marcus Svedberg, Chief Economist, Folksam | |
| Moderator: Michael Haliassos, Goethe University Frankfurt & CEPR | |
| 18:30-19:00 | Mingle for invited guests |
| 19:00 - | Dinner for invited guests |
A few chosen PhD students also presented their papers and was eligible for the Best Student Paper Prize, awarded by the CEPR Research and Policy Network on Household Finance. Previous winners have launched highly promising careers, including assistant professor positions in top academic institutions globally.
Sumit Agarwal (National University of Singapore), Steffen Andersen (Copenhagen Business School and CEPR), Martin Brown (Study Center Gerzensee, University of St Gallen, ZEW Leibniz Centre for European Economic Research), Laurent Calvet (SKEMA Business School, CFS and CEPR), Joao Cocco (London Business School and CEPR), Russell Cooper (European University Institute), Andreas Fuster (EPFL and CEPR), Francisco Gomes (London Business School and CEPR), Michael Haliassos (Goethe University Frankfurt and CEPR), Tullio Jappelli (University of Naples Federico II, CSEF and CEPR), Matti Keloharju (Aalto University and CEPR), Camelia Kuhnen (University of North Carolina), Julia Le Blanc (European Commission, Joint Research Centre and CEPR), Alex Michaelides (Imperial College and CEPR), Giovanna Nicodano (University of Torino, Collegio Carlo Alberto and CEPR), Michaela Pagel (Washington University Olin Business School, NBER and CEPR), Monica Paiella (University of Naples Parthenope and CEPR), Kim Peijnenburg (EDHEC and CEPR), Wenlan Qian (National University of Singapore), Tarun Ramadorai (Imperial College and CEPR), Paolo Sodini (Stockholm School of Economics, Swedish House of Finance and CEPR), Raman Uppal (EDHEC and CEPR), Roine Vestman (Stockholm University and CEPR), Stephen Zeldes (Columbia University) and Jonathan Zinman (Dartmouth University).