Staff Economists

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Kartik Athreya

My research interests are in macroeconomics and consumer finance. My current research aims to measure and understand household financial distress and debt repayment decisions, to quantify the links between household investments in human capital and in the stock market, and to assess the importance of risks associated with college enrollment for educational attainment and inequality.

Biography
Academic
Publications
Economic
Quarterly
Working
Papers
Economic
Brief
Annual Report
Essays
Work in
Progress
Other
Work

Professional Experience

Kartik Athreya is executive vice president and director of research at the Federal Reserve Bank of Richmond. Athreya's work has been published in the Journal of Monetary Economics, American Economic Journal: Macroeconomics, the International Economic Review, the Review of Economic Dynamics, the Journal of Economic Dynamics and Control, and other academic journals. He is also an associate editor at the Journal of Economic Dynamics and Control. Recently, Athreya taught a doctoral course at the University of Virginia.

Education

Ph.D., University of Iowa, 2000
B.S., Iowa State University, 1993

Curriculum vitae

"Bankruptcy and Delinquency in a Model of Unsecured Debt" (joint with Juan Sánchez, Xuan S. Tam, and Eric R. Young). International Economic Review (forthcoming).

"Does Redistribution Increase Output? The Centrality of Labor Supply" (joint with Andrew Owens and Felipe Schwartzman). Quantitative Economics (forthcoming).

"Labor Market Upheaval, Default Regulations, and Consumer Debt" (with Juan Sánchez, Xuan S. Tam, and Eric R. Young). Review of Economic Dynamics 18, no. 1 (January 2015): 32-52.

"A Quantitative Theory of Information and Unsecured Credit" (with Xuan S. Tam and Eric Young). American Economic Journal: Macroeconomics 4, no. 3 (July 2012): 153-183.

"Credit and Self-Employment" (with Ahmet Akyol). Journal of Economic Dynamics and Control 35, no. 3 (March 2011): 363-385.

"Self-Employment Rates and Business Size: The Roles of Occupational Choice and Credit Market Frictions" (with Ahmet Akyol). Annals of Finance 5, no. 3-4 (June 2009): 495-519.

"Unsecured Credit Markets Are Not Insurance Markets" (with Xuan S. Tam and Eric R. Young). Journal of Monetary Economics 56, no. 1 (January 2009): 83-103.

"Default, Insurance, and Debt over the Life-Cycle." Journal of Monetary Economics 55, no. 4 (May 2008): 752-774.

"Fresh Start or Head Start? Uniform Bankruptcy Exemptions and Welfare." Journal of Economic Dynamics and Control 30, no. 11 (November 2006): 2051-2079.

"Unsecured Debt with Public Insurance: From Bad to Worse" (with Nicole B. Simpson). Journal of Monetary Economics 53, no. 4 (May 2006): 797-825.

"Risky Higher Education and Subsidies" (with Ahmet Akyol). Journal of Economic Dynamics and Control 29, no. 6 (June 2005): 979-1023.

"Welfare Implications of the Bankruptcy Reform Act of 1999." Journal of Monetary Economics 49, no. 8 (November 2002): 1567-1595.