St. Louis Fed Releases New Research on Household Debt “Tipping Points”

11/8/2017

ST. LOUIS — The Center for Household Financial Stability at the Federal Reserve Bank of St. Louis and the Private Debt Project of the Governor's Woods Foundation have published new research that was presented at the second “Tipping Points” symposium in June 2017.

The papers, along with an executive summary of the findings, can be found on the Center’s website.

The 2017 papers join those presented at the first Tipping Points symposium, which was held in June 2016.

“While our first symposium, held in June of last year, focused on the micro or household-level effects of household debts, this year’s symposium centered on the macro effects of family debts— specifically, at what point does household debt move from contributing to economic growth to inhibiting growth?” said Center Director Ray Boshara in an executive summary of the conference. “As with last year’s symposium, this year’s research revealed a number of fascinating and sometimes counter-intuitive research findings that we hope will inform future research, private and non-profit practice, and public policy.”

2017 presenters and papers:

After the conclusion of the 2017 symposia, Emmons, Dynan and Mian were the guest speakers for a World Economic Roundtable presentation on “America’s Recurring Debt Problem: Are We Approaching a New Tipping Point?” moderated by Sherle Schwenninger, World Economic Roundtable founding director.