 Well, one of the key questions in monetary policy is how does the financial sector transmit monetary policy? And what my work is doing is sort of looking at this question deeply. And what we find is that it's going through the pricing of deposits. So deposits move less than one for one with the short-right. And as a result of that, banks basically expand and contract a balance sheet as monetary policy changes. That shows up in lending, and it also shows up in terms of insulating them from interest rate risk. What's really stimulating about the conference here is that we have both academics and policy makers participating. And one of the sessions just recently talked a lot about how policy makers make use of our research, in particular how macroeconomics started incorporating a lot of the concepts from finance. And that's exactly what I'm working on, and so it's great to get some feedback from the policy makers on what they think about our work.