Financial Innovations and the Real Economy.

Information about several papers discussed at the conference titled "Financial Innovations and the Real Economy" on November 16-17, 2006 sponsored by the Federal Reserve Bank of San Francisco, California is presented. These include "The Macroeconomic Transition to High Household Debt," "Financial Innovation and the Great Moderation: What Do Household Data Say?," and "The Supply and Demand Side Impacts of Credit Market Information."