Kartik Athreya

Federal Reserve Banks - Federal Reserve Bank of Richmond

P.O. Box 27622

Richmond, VA 23261

United States

SCHOLARLY PAPERS

34

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3,131

TOTAL CITATIONS
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Top 6,082

in Total Papers Citations

133

Scholarly Papers (34)

Bankruptcy and Delinquency in a Model of Unsecured Debt

FRB of St. Louis Working Paper No. 2012-042C
Number of pages: 52 Posted: 18 Oct 2012 Last Revised: 31 Jan 2014
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis, University of Cambridge - Judge Business School and University of Virginia
Downloads 143 (413,088)
Citation 7

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Consumer Debt, Bankruptcy, Default, Life cycle, Idiosyncratic risk

Bankruptcy and Delinquency in a Model of Unsecured Debt

FRB St. Louis Working Paper No. 2012-042
Number of pages: 74 Posted: 06 Oct 2015
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis, University of Cambridge - Judge Business School and University of Virginia
Downloads 69 (682,266)

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Consumer Debt, Bankruptcy, Default, Life cycle, Idiosyncratic risk

Bankruptcy and Delinquency in a Model of Unsecured Debt

FRB Richmond Working Paper No. 16-12
Number of pages: 59 Posted: 02 Dec 2016
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis, City University of Hong Kong and University of Virginia
Downloads 68 (687,634)
Citation 1

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Bankruptcy and Delinquency in a Model of Unsecured Debt

Athreya, K., Sánchez, J.M., Tam, X.S. and Young, E.R. (2018), BANKRUPTCY AND DELINQUENCY IN A MODEL OF UNSECURED DEBT. International Economic Review, 59: 593-623. https://doi.org/10.1111/iere.12281
Number of pages: 63 Posted: 27 Feb 2023
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. Louis, City University of Hong Kong and University of Virginia
Downloads 27 (1,001,802)

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consumer debt, bankruptcy, default, life cycle, credit card delinquency

2.

Shame As It Ever Was: Stigma and Personal Bankruptcy

FRB Richmond Economic Quarterly, vol. 90, no. 2, Spring 2004, pp. 1-19
Number of pages: 19 Posted: 05 Dec 2012
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 276 (225,503)
Citation 4

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3.
Downloads 254 (245,179)
Citation 3

Stock Market Investment: The Role of Human Capital

FRB Richmond Working Paper No. 15-7
Posted: 13 Aug 2015 Last Revised: 06 Feb 2018
Federal Reserve Banks - Federal Reserve Bank of Richmond, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 101 (541,283)

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Stock Market Investment: The Role of Human Capital

FEDS Working Paper No. 2015-65
Number of pages: 62 Posted: 08 Oct 2015
Federal Reserve Banks - Federal Reserve Bank of Richmond, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 79 (633,141)

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Human capital investment, Life-cycle, Financial portfolios

Stock Market Investment: The Role of Human Capital

FEDS Working Paper No. 2015-065, http://dx.doi.org/10.17016/FEDS.2015.065
Number of pages: 46 Posted: 26 Aug 2015
Federal Reserve Banks - Federal Reserve Bank of Richmond, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 74 (656,804)
Citation 3

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Financial Portfolios, Human Capital Investment, Life-cycle

4.
Downloads 203 (306,974)
Citation 10

The Persistence of Financial Distress

Federal Reserve Bank of Kansas City Working Paper No. RWP 17-15
Number of pages: 38 Posted: 04 Dec 2017
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 117 (491,254)

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default, financial distress, consumer credit, credit card debt

The Persistence of Financial Distress

FRB Richmond Working Paper No. 17-14
Number of pages: 40 Posted: 26 Nov 2017 Last Revised: 29 Apr 2020
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 55 (764,341)

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default, financial distress, consumer credit, credit card debt

The Persistence of Financial Distress

FRB St. Louis Working Paper No. 2017-38
Number of pages: 40 Posted: 28 Nov 2017 Last Revised: 21 Feb 2019
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 31 (959,921)
Citation 10

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Default, financial distress, consumer credit, credit card debt

5.

The College Premium, College Noncompletion, and Human Capital Investment

Federal Reserve Bank of Richmond Working Paper No. 13-02R
Number of pages: 42 Posted: 03 Mar 2013 Last Revised: 05 Mar 2015
Kartik Athreya and Janice C. Eberly
Federal Reserve Banks - Federal Reserve Bank of Richmond and Northwestern University - Kellogg School of Management
Downloads 151 (394,680)
Citation 8

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college enrollment, skill premium, risk

Young Unskilled Women and the Earned Income Tax Credit: Insurance Without Disincentives?

FRB Richmond Working Paper No. 14-11R
Number of pages: 50 Posted: 29 May 2014 Last Revised: 22 Jul 2014
Kartik Athreya, Devin Reilly and Nicole B. Simpson
Federal Reserve Banks - Federal Reserve Bank of Richmond, Analysis Group and Colgate University - Economics Department
Downloads 85 (610,309)
Citation 2

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Taxation and Subsidies, Labor Supply, Insurance

Single Mothers and the Earned Income Tax Credit: Insurance Without Disincentives?

IZA Discussion Paper No. 8114
Number of pages: 46 Posted: 19 Apr 2014
Kartik Athreya, Devin Reilly and Nicole B. Simpson
Federal Reserve Banks - Federal Reserve Bank of Richmond, Analysis Group and Colgate University - Economics Department
Downloads 65 (703,971)
Citation 3

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taxation and subsidies, labor supply, insurance

7.

Equilibrium Models of Personal Bankruptcy: A Survey

FRB Richmond Economic Quarterly, vol. 91, no. 2, Spring 2005, pp. 73-98
Number of pages: 26 Posted: 06 Dec 2012
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 149 (399,067)
Citation 1

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Consumption in the Great Recession: The Financial Distress Channel

Federal Reserve Bank of Kansas City Working Paper No. 19-06
Number of pages: 65 Posted: 21 Oct 2019
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of Kansas City and Universidad Distrital Francisco José de Caldas, Carrera 7 No. 40B-53. Bogotá D.C, Colombia.
Downloads 58 (745,299)

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Consumption, Credit Card, Mortgage, Bankruptcy, Foreclosure, Delinquency, Financial Distress, Great Recession

The Effects of Macroeconomic Shocks: Household Financial Distress Matters

FRB St. Louis Working Paper No. 2019-25
Number of pages: 66 Posted: 22 Oct 2019 Last Revised: 16 Sep 2022
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 55 (764,341)
Citation 1

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consumption, credit card debt, recession, bankruptcy, foreclosure, mortgage, delinquency, financial distress

Consumption in the Great Recession: The Financial Distress Channel

FRB Richmond Working Paper No. 19-13
Number of pages: 65 Posted: 22 Oct 2019
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 33 (940,435)

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Consumption, Credit Card, Mortgage, Bankruptcy, Fore- closure, Delinquency, Financial Distress, Great Recession

9.

The Growth of Unsecured Credit: Are We Better Off?

FRB Richmond Economic Quarterly, Vol. 87, No. 3, Summer 2001, pp. 11-34
Number of pages: 23 Posted: 30 Nov 2012
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 132 (441,861)
Citation 3

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10.

Earned Income Tax Credit Recipients: Income, Marginal Tax Rates, Wealth, and Credit Constraints

FRB Richmond Economic Quarterly, vol. 96, no. 3, Third Quarter 2010, pp. 229-272
Number of pages: 30 Posted: 16 Dec 2012
Kartik Athreya, Devin Reilly and Nicole B. Simpson
Federal Reserve Banks - Federal Reserve Bank of Richmond, Analysis Group and Colgate University - Economics Department
Downloads 116 (485,202)
Citation 1

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11.

The Effects of Macroeconomic Shocks: Household Financial Distress Matters

Federal Reserve Bank of Kansas City Working Paper No. 20-13
Number of pages: 83 Posted: 16 Nov 2020 Last Revised: 09 Jan 2024
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 86 (594,011)
Citation 1

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Consumption, Credit Card Debt, Recession, Bankruptcy, Foreclosure, Mortgage, Delinquency, Financial Distress, Inequality, Poverty

12.

Land of Opportunity: Economic Mobility in the United States

Economic Quarterly, Issue 2Q, pp. 169-191, 2015
Number of pages: 23 Posted: 31 Mar 2016
Kartik Athreya and Jessica Romero
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 81 (615,352)

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economic, mobility

13.
Downloads 78 (628,564)

Who Values Access to College?

FRB Richmond Working Paper No. 19-5
Number of pages: 48 Posted: 25 Feb 2019 Last Revised: 29 Apr 2020
Federal Reserve Banks - Federal Reserve Bank of Richmond, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Richmond and Board of Governors of the Federal Reserve System
Downloads 55 (764,341)

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Human Capital, Higher Education, Financial Investment

Who Values Access to College?

FEDS Working Paper No. 2019-015
Number of pages: 46 Posted: 14 Mar 2019
Federal Reserve Banks - Federal Reserve Bank of Richmond, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Richmond and Board of Governors of the Federal Reserve System
Downloads 23 (1,047,147)

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Human capital, Higher education, Financial investment

14.

Loan Guarantees for Consumer Credit Markets

FRB Richmond Working Paper No. 11-06
Number of pages: 61 Posted: 18 Dec 2012
Kartik Athreya, Xuan S. Tam and Eric R. Young
Federal Reserve Banks - Federal Reserve Bank of Richmond, City University of Hong Kong and University of Virginia
Downloads 75 (641,913)
Citation 1

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bankruptcy, unsecured credit, loan guarantees

15.

Household Financial Distress and the Burden of 'Aggregate' Shocks

FRB Richmond Working Paper No. 20-12
Number of pages: 76 Posted: 02 Oct 2020
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of Kansas City and Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 74 (646,637)

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Geography, Consumption, Credit Card Debt, Reccession, Bankruptcy, Foreclosure, Mortgage, Delinquency, Financial Distress

16.

Fresh Start or Head Start? Uniform Bankruptcy Exemptions and Welfare

FRB Richmond Working Paper No. 03-3R
Number of pages: 35 Posted: 03 Dec 2012
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 61 (713,051)
Citation 10

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bankruptcy, exemptions, risk-sharing, incomplete markets

17.

A Quantitative Theory of Information and Unsecured Credit (Revised July 2011)

FRB Richmond Working Paper No. 08-06R
Number of pages: 66 Posted: 11 Dec 2012
Kartik Athreya, Xuan S. Tam and Eric R. Young
Federal Reserve Banks - Federal Reserve Bank of Richmond, City University of Hong Kong and University of Virginia
Downloads 57 (736,111)
Citation 20

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unsecured credit, asymmetric information, bankruptcy

18.

Consumption Smoothing and the Measured Regressivity of Consumption Taxes

FRB Richmond Economic Quarterly, Vol. 95, No. 1, Winter 2009, pp. 75-100
Number of pages: 26 Posted: 13 Dec 2012
Kartik Athreya and Devin Reilly
Federal Reserve Banks - Federal Reserve Bank of Richmond and Analysis Group
Downloads 56 (742,073)

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19.

Are Harsh Penalties for Default Really Better?

FRB Richmond Working Paper No. 09-11
Number of pages: 61 Posted: 12 Dec 2012
Kartik Athreya, Xuan S. Tam and Eric R. Young
Federal Reserve Banks - Federal Reserve Bank of Richmond, City University of Hong Kong and University of Virginia
Downloads 56 (742,073)
Citation 9

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unsecured credit, penalties, bankruptcy

20.

Risky Higher Education and Subsidies

FRB Richmond Working Paper No. 03-2
Number of pages: 46 Posted: 03 Dec 2012
Ahmet Akyol and Kartik Athreya
York University and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 54 (754,568)
Citation 9

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human capital risk, heterogeneous agents, college education

21.

Labor Market Upheaval, Default Regulations, and Consumer Debt

FRB of St. Louis Working Paper No. 2014-002B
Number of pages: 41 Posted: 07 Feb 2014 Last Revised: 20 Aug 2014
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of St. LouisFederal Reserve Banks - Federal Reserve Bank of St. Louis, City University of Hong Kong and University of Virginia
Downloads 52 (767,399)
Citation 18

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Delinquency, Personal Bankruptcy, Unsecured Debt, Job Separation, Job Finding

22.

Credit and Self-Employment

FRB Richmond Working Paper No. 09-5
Number of pages: 41 Posted: 12 Dec 2012
Ahmet Akyol and Kartik Athreya
York University and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 51 (773,904)
Citation 9

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self-employment, bankruptcy

23.

Unemployment Insurance and Personal Bankruptcy

FRB Richmond Economic Quarterly, Vol. 89, No. 2, Spring 2003, pp. 33-53
Number of pages: 21 Posted: 05 Dec 2012
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 49 (787,259)

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24.

Unsecured Debt with Public Insurance: From Bad to Worse

FRB Richmond Working Paper No. 03-14R
Number of pages: 40 Posted: 03 Dec 2012
Kartik Athreya and Nicole B. Simpson
Federal Reserve Banks - Federal Reserve Bank of Richmond and Colgate University - Economics Department
Downloads 48 (794,220)
Citation 9

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incomplete markets, bankruptcy, unemployment

25.

Debt Default and the Insurance of Labor Income Risk

FRB Economic Quarterly, Vol. 98, No. 4, Fourth Quarter 2012, pp. 255-307
Number of pages: 53 Posted: 15 Aug 2013
Kartik Athreya, Xuan S. Tam and Eric R. Young
Federal Reserve Banks - Federal Reserve Bank of Richmond, City University of Hong Kong and University of Virginia
Downloads 47 (801,333)

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26.

Incarceration, Earnings, and Race

FRB Richmond Working Paper No. 21-11
Number of pages: 73 Posted: 10 Mar 2022
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 46 (808,622)

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earnings dynamics, incarceration, racial inequality

27.

Understanding Living Wills

Economic Quarterly, Issue 3Q, pp. 193-223, 2015
Number of pages: 31 Posted: 04 Nov 2016
Arantxa Jarque and Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 46 (808,622)

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28.

Does Redistribution Increase Output? The Centrality of Labor Supply

FRB Richmond Working Paper No. 14-04R
Number of pages: 42 Posted: 07 Mar 2014 Last Revised: 14 May 2015
Kartik Athreya, Andrew Owens and Felipe F. Schwartzman
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 43 (830,664)
Citation 2

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Multipliers, Redistribution, Labor supply, Idiosyncratic Risk

29.

Credit Exclusion in Quantitative Models of Bankruptcy: Does it Matter?

FRB Richmond Economic Quarterly, vol. 92, no. 1, Winter 2006, pp. 17-49
Number of pages: 33 Posted: 08 Dec 2012
Kartik Athreya and Hubert Janicki
Federal Reserve Banks - Federal Reserve Bank of Richmond and U.S. Census Bureau
Downloads 43 (830,664)
Citation 1

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30.

Credit Access, Labor Supply, and Consumer Welfare

FRB Richmond Economic Quarterly, Vol. 94, No. 1, Winter 2008, pp. 17-44
Number of pages: 28 Posted: 11 Dec 2012
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 42 (838,219)

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31.

The Cost of Unanticipated Household Financial Shocks: Two Examples

FRB Richmond Economic Quarterly, vol. 97, no. 4, Fourth Quarter 2011, pp. 431-450
Number of pages: 20 Posted: 19 Dec 2012
Kartik Athreya and Urvi Neelakantan
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 40 (854,147)

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32.

Systemic Risk and the Pursuit of Efficiency

Economic Quarterly, Issue 1Q, pp. 23-47, 2015
Number of pages: 25 Posted: 31 Mar 2016
Kartik Athreya
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 34 (905,690)

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33.

Implications of Some Alternatives to Capital Income Taxation

FRB Richmond Economic Quarterly, vol. 93, no. 1, Winter 2007, pp. 31-55
Number of pages: 25 Posted: 09 Dec 2012
Kartik Athreya and Andrea Waddle
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 28 (962,661)

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34.

College or the Stock Market, or College and the Stock Market?

FEDS Notes No. 2017-01-06 https://doi.org/10.17016/2380-7172.1900
Posted: 14 Oct 2017
Kartik Athreya, Felicia F. Ionescu and Urvi Neelakantan
Federal Reserve Banks - Federal Reserve Bank of Richmond, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of Richmond

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