Rajashri Chakrabarti

Federal Reserve Bank of New York

33 Liberty Street

New York, NY 10045

United States

http://nyfedeconomists.org/chakrabarti

SCHOLARLY PAPERS

43

DOWNLOADS
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Top 15,157

in Total Papers Downloads

6,430

SSRN CITATIONS
Rank 7,696

SSRN RANKINGS

Top 7,696

in Total Papers Citations

177

CROSSREF CITATIONS

55

Scholarly Papers (43)

1.
Downloads 1,274 (32,025)
Citation 22

Tuition, Debt, and Human Capital

Number of pages: 51 Posted: 20 Jan 2017 Last Revised: 06 Feb 2020
Federal Reserve Bank of New York, Boston College - Department of Finance, Betterfly and University of Chicago
Downloads 1,026 (43,052)
Citation 4

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Student Debt, Human Capital, Postgraduate Education, Credit Constraints, Debt Overhang

Tuition, Debt, and Human Capital

FRB of New York Staff Report No. 912, Rev. February 2022, NYU Stern School of Business
Number of pages: 73 Posted: 07 Feb 2020 Last Revised: 25 Feb 2022
Federal Reserve Bank of New York, Boston College - Department of Finance, Betterfly and University of Chicago
Downloads 248 (239,463)
Citation 8

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tuition, student debt, human capital, credit constraints

2.
Downloads 975 (46,948)
Citation 11

Personal Bankruptcy Protection and Household Debt

Number of pages: 60 Posted: 09 Jun 2014 Last Revised: 09 Apr 2024
Felipe Severino, Meta Brown and Rajashri Chakrabarti
Dartmouth College - Tuck School of Business, Ohio State University (OSU) and Federal Reserve Bank of New York
Downloads 950 (47,960)
Citation 15

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household debt, credit markets

Personal Bankruptcy Protection and Household Debt

FRB of New York Staff Report No. 1099, https://doi.org/10.59576/sr.1099
Number of pages: 61 Posted: 22 Apr 2024
Felipe Severino, Meta Brown and Rajashri Chakrabarti
Dartmouth College - Tuck School of Business, Ohio State University (OSU) and Federal Reserve Bank of New York
Downloads 25 (971,855)
Citation 1

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bankruptcy, debt, credit card, delinquency

Understanding the Linkages between Climate Change and Inequality in the United States

FRB of New York Staff Report No. 991, November 2021
Number of pages: 42 Posted: 16 Nov 2021
New York University (NYU), Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 306 (192,917)
Citation 2

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climate, natural disaster, inequality

Understanding the Linkages between Climate Change and Inequality in the United States

Economic Policy Review, Vol. 29, No. 1, p. 1-39
Number of pages: 39 Posted: 21 Jun 2023
New York University (NYU), Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 194 (302,672)

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climate, natural disaster, inequality

Student Debt and Default: The Role of For-Profit Colleges

FRB of NY Staff Report No. 811, Rev. Oct. 2021
Number of pages: 85 Posted: 25 Apr 2017
Luis Armona, Rajashri Chakrabarti and Michael Lovenheim
Harvard University - Harvard Kennedy School (HKS), Federal Reserve Bank of New York and Cornell University - Department of Policy Analysis and Management
Downloads 280 (212,685)

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postsecondary education, for-profit schools, student loans, default, returns to education

How Does For-Profit College Attendance Affect Student Loans, Defaults and Labor Market Outcomes?

CESifo Working Paper No. 7561
Number of pages: 86 Posted: 28 Mar 2019
Luis Armona, Rajashri Chakrabarti and Michael Lovenheim
Harvard University - Harvard Kennedy School (HKS), Federal Reserve Bank of New York and Cornell University - Department of Policy Analysis and Management
Downloads 113 (474,656)

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postsecondary education, for-profits schools, student loans, default, returns to education

How Does For-Profit College Attendance Affect Student Loans, Defaults and Labor Market Outcomes?

NBER Working Paper No. w25042
Number of pages: 83 Posted: 17 Sep 2018 Last Revised: 05 Jun 2022
Luis Armona, Rajashri Chakrabarti and Michael Lovenheim
Harvard University - Harvard Kennedy School (HKS), Federal Reserve Bank of New York and Cornell University - Department of Policy Analysis and Management
Downloads 34 (885,928)
Citation 7

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5.

Impact of Voucher Design on Public School Performance: Evidence from Florida and Milwaukee Voucher Programs

FRB of New York Staff Report No. 315
Number of pages: 61 Posted: 25 Jan 2008
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 411 (140,824)
Citation 16

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vouchers, public school performance, regression discontinuity, mean reversion

6.

The Affordable Care Act and the COVID-19 Pandemic: A Regression Discontinuity Analysis

FRB of New York Staff Report No. 948
Number of pages: 41 Posted: 18 Nov 2020 Last Revised: 23 Dec 2022
New York University (NYU), Federal Reserve Bank of New York, affiliation not provided to SSRN, Columbia University - Columbia Business School, Students and Federal Reserve Bank of New York
Downloads 256 (233,306)
Citation 1

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Affordable Care Act, COVID-19, Medicaid, regression discontinuity

Effect of Redrawing of Political Boundaries on Voting Patterns: Evidence from State Reorganization in India

Number of pages: 45 Posted: 20 Aug 2007
Rajashri Chakrabarti and Joydeep Roy
Federal Reserve Bank of New York and Georgetown University
Downloads 108 (491,029)

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Political boundaries, Voting, Transfers

Effect of Redrawing of Political Boundaries on Voting Patterns: Evidence from State Reorganization in India

FRB of New York Staff Report No. 301
Number of pages: 46 Posted: 18 Sep 2007
Rajashri Chakrabarti and Joydeep Roy
Federal Reserve Bank of New York and Georgetown University
Downloads 90 (557,182)
Citation 1

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political boundaries, voting, transfers

The Affordable Care Act and the Market for Higher Education

CESifo Working Paper No. 7869
Number of pages: 55 Posted: 14 Oct 2019
Rajashri Chakrabarti and Maxim Pinkovskiy
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 81 (594,990)
Citation 1

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Affordable Care Act, postsecondary education, for-profits schools, health insurance, Medicaid

The Affordable Care Act and the Market for Higher Education

FRB of New York Staff Report No. 873, Rev. October 2023
Number of pages: 56 Posted: 29 Oct 2018 Last Revised: 03 Oct 2023
Rajashri Chakrabarti and Maxim Pinkovskiy
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 76 (617,981)

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Affordable Care Act, postsecondary education, for-profit schools, health insurance, Medicaid

Household Debt and Saving During the 2007 Recession

FRB of New York Staff Report No. 482
Number of pages: 67 Posted: 15 Jan 2011
Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw and Basit Zafar
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 115 (468,317)

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Household Debt and Saving, 2007 Recession, Credit Access, Mortgage Debt

Household Debt and Saving During the 2007 Recession

NBER Working Paper No. w16999
Number of pages: 67 Posted: 02 May 2011 Last Revised: 14 Jun 2023
Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw and Basit Zafar
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 42 (819,893)

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10.

The Impact of the Great Recession on School District Finances: Evidence from New York

FRB of New York Staff Report No. 534
Number of pages: 51 Posted: 06 Jan 2012
Rajashri Chakrabarti and Elizabeth Setren
Federal Reserve Bank of New York and Massachusetts Institute of Technology (MIT)
Downloads 151 (377,199)
Citation 8

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school finance, federal stimulus

11.

Can Increasing Private School Participation and Monetary Loss in a Voucher Program Affect Public School Performance? Evidence from Milwaukee

FRB of New York Staff Report No. 300
Number of pages: 64 Posted: 14 Sep 2007
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 136 (409,843)
Citation 12

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vouchers, public school performance, competition, response, mean reversion

12.

Do Charter Schools Crowd Out Private School Enrollment? Evidence from Michigan

FRB of New York Staff Report No. 472
Number of pages: 54 Posted: 15 Sep 2010 Last Revised: 11 Sep 2012
Rajashri Chakrabarti and Joydeep Roy
Federal Reserve Bank of New York and Georgetown University
Downloads 134 (414,777)
Citation 8

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charters, private schools, instrumental variables

13.

Vouchers, Public School Response, and the Role of Incentives: Evidence from Florida

FRB of New York Staff Report No. 306
Number of pages: 48 Posted: 09 Nov 2007
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 133 (417,283)
Citation 13

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vouchers, incentives, regression discontinuity, mean reversion

State Investment in Higher Education: Effects on Human Capital Formation, Student Debt, and Long-Term Financial Outcomes of Students

FRB of New York Staff Report No. 941
Number of pages: 86 Posted: 22 Sep 2020 Last Revised: 18 Nov 2022
Rajashri Chakrabarti, Nicole Gorton and Michael Lovenheim
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Cornell University - Department of Policy Analysis and Management
Downloads 60 (700,705)

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postsecondary education, state appropriations, student loans, returns to education, delinquency, home ownership

State Investment in Higher Education: Effects on Human Capital Formation, Student Debt, and Long-Term Financial Outcomes of Students

CESifo Working Paper No. 8592
Number of pages: 88 Posted: 14 Oct 2020
Rajashri Chakrabarti, Nicole Gorton and Michael Lovenheim
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Cornell University - Department of Policy Analysis and Management
Downloads 45 (797,330)
Citation 1

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postsecondary education, state appropriations, student loans, returns to education

State Investment in Higher Education: Effects on Human Capital Formation, Student Debt, and Long-Term Financial Outcomes of Students

NBER Working Paper No. w27885
Number of pages: 62 Posted: 07 Oct 2020 Last Revised: 12 Mar 2023
Rajashri Chakrabarti, Nicole Gorton and Michael Lovenheim
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Cornell University - Department of Policy Analysis and Management
Downloads 15 (1,084,889)
Citation 3

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15.

Auto Credit and the 2005 Bankruptcy Reform: The Impact of Eliminating Cramdowns

FRB of NY Staff Report No. 797
Number of pages: 44 Posted: 20 Oct 2016 Last Revised: 11 Nov 2017
Rajashri Chakrabarti and Nathaniel Pattison
Federal Reserve Bank of New York and Southern Methodist University, Department of Economics
Downloads 112 (475,107)
Citation 1

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bankruptcy, cramdown, auto loans, consumer credit, BAPCPA

New Jersey's Abbott Districts: Education Finances during the Great Recession

Current Issues in Economics and Finance, Vol. 19, No. 4, 2013
Number of pages: 11 Posted: 07 Oct 2013
Rajashri Chakrabarti and Sarah Sutherland
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 71 (641,952)
Citation 3

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school finance, Abbott districts, Bacon districts

New Jersey's Abbott Districts: Education Finances During the Great Recession

Current Issues in Economics and Finance, Vol. 19, No. 4, 2013
Number of pages: 11 Posted: 14 Aug 2013
Rajashri Chakrabarti and Sarah Sutherland
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 39 (843,519)

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school finance, Abbott districts, Bacon districts

17.

Housing Markets and Residential Segregation: Impacts of the Michigan School Finance Reform on Inter- and Intra-District Sorting

FRB of New York Staff Report No. 565
Number of pages: 44 Posted: 08 Aug 2012
Rajashri Chakrabarti and Joydeep Roy
Federal Reserve Bank of New York and Economic Policy Institute
Downloads 109 (484,588)
Citation 10

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spatial segregation, school finance reform, tiebout sorting, peer effects

18.

Precarious Slopes? The Great Recession, Federal Stimulus, and New Jersey Schools

FRB of New York Staff Report No. 538
Number of pages: 45 Posted: 22 Jan 2012
Rajashri Chakrabarti and Sarah Sutherland
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 108 (487,746)
Citation 3

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school finance, Recession, ARRA, federal stimulus, Abbott Districts

19.

Merit Aid, Student Mobility, and the Role of College Selectivity

FRB of New York Staff Report No. 641, Rev. Jan. 2022
Number of pages: 55 Posted: 05 Oct 2013 Last Revised: 22 Jan 2022
Rajashri Chakrabarti and Joydeep Roy
Federal Reserve Bank of New York and Georgetown University
Downloads 86 (566,814)
Citation 6

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merit aid, HOPE, college choice, college selectivity, subsidy, college cost

20.

Unintended Consequences of School Accountability Policies: Evidence from Florida and Implications for New York

Economic Policy Review, Vol. 19, No. 1, 2013
Number of pages: 25 Posted: 11 Sep 2013
Rajashri Chakrabarti and Noah Schwartz
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 83 (578,878)

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accountability, incentives

21.

Do Vouchers Lead to Sorting Under Random Private-School Selection? Evidence from the Milwaukee Voucher Program

FRB of New York Staff Report No. 379
Number of pages: 36 Posted: 14 Jul 2009
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 82 (582,989)
Citation 9

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vouchers, sorting, cream skimming, private schools

22.

Still Not Out of the Woods? New Jersey Schools during the Recession and Beyond

FRB of New York Staff Report No. 632
Number of pages: 32 Posted: 02 Oct 2013
Rajashri Chakrabarti and Max Livingston
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 80 (591,555)
Citation 1

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school finance, recession, arra, federal stimulus

23.

A Tale of Two States: The Recession's Impact on N.Y. And N.J. School Finances

Economic Policy Review, Issue 23-1, pp. 30-42, 2017
Number of pages: 12 Posted: 02 Mar 2017 Last Revised: 16 Dec 2017
Ravi Bhalla, Rajashri Chakrabarti and Max Livingston
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 77 (604,616)

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school finance, recession, ARRA, federal stimulus

24.

The Great Recession's Impact on School District Finances in New York State

Economic Policy Review, Issue 12-1, pp. 45-66, 2015
Number of pages: 22 Posted: 22 Oct 2015 Last Revised: 30 Aug 2017
Rajashri Chakrabarti and Elizabeth Setren
Federal Reserve Bank of New York and Massachusetts Institute of Technology (MIT)
Downloads 75 (613,483)

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School finance, federal stimulus

Program Design, Incentives, and Response: Evidence from Educational Interventions

Economic Policy Review, Vol. 16, No. 2, October 2010
Number of pages: 22 Posted: 16 Oct 2010
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 43 (812,431)

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Program design, Incentives

Program Design, Incentives, and Response: Evidence from Educational Interventions

Economic Policy Review, Forthcoming
Number of pages: 22 Posted: 30 Sep 2010
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 30 (922,377)

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Program Design, Incentives

26.

Effect of Constraints on Tiebout Competition: Evidence from the Michigan School Finance Reform

FRB of New York Staff Report No. 471
Number of pages: 42 Posted: 15 Sep 2010 Last Revised: 11 Sep 2012
Rajashri Chakrabarti and Joydeep Roy
Federal Reserve Bank of New York and Georgetown University
Downloads 68 (646,262)

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tiebout, school finance, incentives, competition

27.

Incentives and Responses under No Child Left Behind: Credible Threats and the Role of Competition

FRB of New York Staff Report No. 525
Number of pages: 51 Posted: 11 Nov 2011
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 62 (676,728)
Citation 4

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No Child Left Behind, Incentives, Public School Performance, Regression Discontinuity

28.

Vouchers, Responses, and the Test-Taking Population: Regression Discontinuity Evidence from Florida

FRB of New York Staff Report No. 486
Number of pages: 37 Posted: 10 Mar 2011
Rajashri Chakrabarti
Federal Reserve Bank of New York
Downloads 53 (726,852)
Citation 1

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vouchers, incentives, regression discontinuity

29.

Did Cuts in State Aid During the Great Recession Lead to Changes in Local Property Taxes?

FRB of New York Staff Report No. 643
Number of pages: 28 Posted: 12 Oct 2013
Rajashri Chakrabarti, Max Livingston and Joydeep Roy
Federal Reserve Bank of New York, Federal Reserve Bank of New York and Georgetown University
Downloads 49 (751,773)
Citation 1

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school finance, Great Recession

30.

Tough Choices: New Jersey Schools during the Great Recession and Beyond

Economic Policy Review, Vol. 27, No. 1
Number of pages: 36 Posted: 14 Jul 2021
Rajashri Chakrabarti and Max Livingston
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 42 (799,339)

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school finance; expenditure; funding; recession; ARRA; federal stimulus

31.

Abbott and Bacon Districts: Education Finances During the Great Recession

FRB of New York Staff Report No. 573
Number of pages: 26 Posted: 25 Sep 2012
Rajashri Chakrabarti and Sarah Sutherland
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 42 (799,339)

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school finance, recession, ARRA, federal stimulus, Abbott Districts

32.

Getting Ahead by Spending More? Local Community Response to State Merit Aid Programs

FRB of New York Staff Report No. 872
Number of pages: 50 Posted: 29 Oct 2018
Rajashri Chakrabarti, Nicole Gorton and Joydeep Roy
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Economic Policy Institute
Downloads 40 (813,991)
Citation 1

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merit aid, school finance, incentives

33.

Understanding the Evolution of Student Loan Balances and Repayment Behavior: Do Institution Type and Degree Matter?

Economic Policy Review, Vol. 25, No. 1, pp. 1-23
Number of pages: 23 Posted: 12 Sep 2023
Meta Brown, Rajashri Chakrabarti, Wilbert van der Klaauw and Basit Zafar
Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 35 (853,282)

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Student Loans, Default, Delinquency, For-Profit

The Long Road to Recovery: New York Schools in the Aftermath of the Great Recession

Economic Policy Review, Vol. 25, No. 1, pp. 1-34
Number of pages: 34 Posted: 28 Aug 2023
Rajashri Chakrabarti and Max Livingston
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 15 (1,084,889)

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school finance, recession, ARRA, American Recovery and Reinvestment Act, federal stimulus

The Long Road to Recovery: New York Schools in the Aftermath of the Great Recession

FRB of New York Staff Report No. 631
Posted: 02 Oct 2013
Rajashri Chakrabarti and Max Livingston
Federal Reserve Bank of New York and Federal Reserve Bank of New York

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school finance, recession, ARRA, federal stimulus

35.

Racial and Ethnic Inequalities in Household Wealth Persist

Liberty Street Economics
Posted: 28 Jun 2024
Rajashri Chakrabarti, Natalia Emanuel and Ben Lahey
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and New York University (NYU), Department of Economics, Students

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wealth inequality, pandemic, demographics, racial inequality

36.

Veterans in the Labor Market: 2024 Update

Liberty Street Economics
Posted: 23 May 2024
Rajashri Chakrabarti, Dan Garcia and Maxim Pinkovskiy
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York

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veterans, labor force participation, employment

37.

Wealth Inequality by Age in the Post-Pandemic Era

Liberty Street Economics
Posted: 08 Feb 2024
Rajashri Chakrabarti, Natalia Emanuel and Ben Lahey
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and New York University (NYU), Department of Economics, Students

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inequality, age, wealth, COVID-19 pandemic

38.

Racial and Ethnic Wealth Inequality in the Post-Pandemic Era

Liberty Street Economics
Posted: 08 Feb 2024
Rajashri Chakrabarti, Natalia Emanuel and Ben Lahey
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and New York University (NYU), Department of Economics, Students

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inequality, race, wealth, COVID-19 pandemic

39.

Recent Disparities in Earnings and Employment

Liberty Street Economics
Posted: 01 Dec 2023
Rajashri Chakrabarti, Kasey Chatterji-Len, Dan Garcia and Maxim Pinkovskiy
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York

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employment, unemployment, labor market, earnings, wealth, inequality

40.

Comparing Physical Risk: The Fed’s Second District versus the Nation

Liberty Street Economics
Posted: 15 Nov 2023
Kristian Blickle, Rajashri Chakrabarti and Maxim Pinkovskiy
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

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climate, disaster, flood, heatwave, tornado, Second District, New York, New Jersey, pandemic

41.

Transition Risks in the Fed’s Second District and the Nation

Liberty Street Economics
Posted: 15 Nov 2023
Kristian Blickle, Rajashri Chakrabarti and Maxim Pinkovskiy
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

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Second District, climate change, transition risks

42.

Borrower Expectations for the Return of Student Loan Repayment

Liberty Street Economics
Posted: 19 Oct 2023
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York

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household spending, student loans

43.

The EGIs: Analyzing the Economy Through an Equitable Growth Lens

Liberty Street Economics
Posted: 10 Jul 2023
Rajashri Chakrabarti, Dan Garcia and Maxim Pinkovskiy
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York

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inequality, equitable growth, inflation, earnings, employment, spending