The Center for Household Financial Stability and the Private Debt Project are pleased to present the papers from the 2017 Tipping Points symposium, joining the research from the first symposium held in 2016. Both sessions were centered on the question of “tipping points” in regard to debt: How does debt move from being wealth-building and productive for households and the economy to being wealth-depleting and destructive?
The first symposium was held in June 2016 and focused on the micro, household-level effects of household debt. The second symposium, held in June 2017, focused on the macro effects of family debt.
Both events revealed a number of fascinating and sometimes counterintuitive research findings that the Center and the Private Debt Project hope will inform future research, private and non-profit practice, and public policy.