Conference Materials

"Tipping Points" Executive Summary — Ray Boshara

Session 1 — Mapping Household Debt: The Demographics of Borrowing 

• William R. Emmons, and Lowell R. Ricketts, Federal Reserve Bank of St. Louis,
  Paper: “The Demographics of Loan Delinquency: Tipping Points or Tip of the Iceberg?” (PDF) | Source code (.zip file)


• Carlos Garriga, Lowell R. Ricketts, and Don E. Schlagenhauf, Federal Reserve Bank of St. Louis,
  Paper: “Identifying ‘Tipping Points’ in Consumer Liabilities Using High-Frequency Data" (PDF)

Session 2 — Tipping Points and Different Types of Debt? 

• Daniel Alpert, Westwood Capital and Century Foundation, and Robert Hockett, Cornell Law School and the Century Foundation, 
• Paper: “The Debt Goes On: A Post-Crisis 'Progress Report”  (PDF)


• Neil Bhutta, Board of Governors of the Federal Reserve System, and Benjamin J. Keys, The University of Chicago Harris School of Public Policy, 
• Paper: “Interest Rates and Equity Extraction During the Housing Boom.” (PDF)


• Zachary Bleemer, University of California at Berkeley, and Meta Brown, Donghoon Lee, Katherine Strair and Wilbert van der Klaauw, Federal Reserve Bank of New York, 
• Paper: “Echoes of Rising Tuition in Students’ Borrowing, Educational Attainment, and Homeownership in Post-Recession America” (PDF)
  
  

Session 3 — Household Balance Sheets: Debt, Income, and Wealth 

• Daniel H. Cooper, Federal Reserve Bank of Boston, Barry Z. Cynamon, Center for Household Financial Stability, and Steven M. Fazzari, Washington University in St. Louis,
  Paper: “The Sustainability of U.S. Household Finances.” (PDF) 
  
  
• Paul Willen, Chris Foote, and Lara Loewenstein, Federal Reserve Bank of Boston,
  Paper: “Cross-Sectional Patterns of Mortgage Debt During the Housing Boom: Stocks and Flow." (PDF)