 So the work that I presented today speaks to the nature of the credit booms and busts, so it sort of tries to provide explanation and understanding of the type of phenomena that happened during the global financial crisis and how the cyclical changes in credit influenced the real economy. So what I found most interesting about the conference is that it is about the topics on which we know relatively little and all major central banks and financial institutions are really grappling with these questions. So it's really great to have a forum where people are presenting their latest ideas, not just in a sort of theoretical academic sense, but also how they're implemented practically in actual central banks who have to conduct policy.