Eighty-four participants attended the conference, which included seven research papers on the role of home equity in the decision to move to a new job; credit supply and house prices; legally mandated removal of credit remarks; policies to prevent mortgage default; adoption and use of payment instruments by U.S. consumers; liquidity constraints and consumer bankruptcy; and credit supply to bankrupt consumers. In this article, Mitchell Berlin summarizes the papers presented at the conference.

This article appeared in the First Quarter 2012 edition of Business Review.

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