Consolidation took center stage at a recent conference at the Federal Reserve Bank of New York. Economists presented 13 papers, which covered topics varying from why mergers occur to the consequences of big deals.

For copies of the following papers, call 212-720-6130 or visit www.ny.frb.org/maghome/conference/crossroads.html. The full set of papers will be published shortly in the Journal of Banking and Finance.

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