-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
Do you have a request for information and records? Learn how to submit it.
Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
-
-
-
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
-
-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
-
-
-
We are connecting emerging solutions with funding in three areas—health, household financial stability, and climate—to improve life for underserved communities. Learn more by reading our strategy.
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
-
Kartik B. Athreya |
|
Director of Research and Head of the Research and Statistics Group |
||||
|
|
|
Financial Distress and Macroeconomic Risks
With R. Mather, J-F Mustre Del-Rio, and Juan Sanchez Review of Financial Studies, accepted Incarceration, Employment, and Earnings: Dynamics and Differences With Grey Gordon, John Bailey Jones, and Urvi Neelakantan Review of Economic Dynamics, forthcoming Previous Version: Working Paper, July 2021, No. 21-11 Stock Market Participation: The Role of Human Capital With Felicia Ionescu and Urvi Neelakantan Review of Economic Dynamics, Vol. 47, January 2023: 1-18 Risk, the College Premium, and Aggregate Human Capital Investment With Janice Eberly American Economic Journal: Macroeconomics, Vol. 13, April 2021: 168-213 Previous Version: Working Paper, March 2013, No. 13-02R The Persistence of Financial Distress With José Mustre-del-Río and Juan M. Sanchez The Review of Financial Studies, Vol. 32, October 2019: 3851–83 Previous Version: Working Paper, November 2017, No. 17-14R Bankruptcy and Delinquency in a Model of Unsecured Debt With Juan M. Sanchez, Xuan S. Tam, and Eric R. Young International Economic Review, Vol. 59, May 2018: 593-623 Previous Version: Working Paper, September 2016, No. 16-12 Does Redistribution Increase Output? The Centrality of Labor Supply With Andrew Owens and Felipe F. Schwartzman Quantitative Economics, Vol. 8, November 2017: 761-808 Previous Version: Working Paper, March 2014, No. 14-04R Labor Market Upheaval, Default Regulations, and Consumer Debt With Juan M. Sanchez, Xuan S. Tam, and Eric R. Young Review of Economic Dynamics, Vol. 18, January 2015: 32-52 A Quantitative Theory of Information and Unsecured Credit With Xuan S. Tam and Eric R. Young American Economic Journal: Macroeconomics, Vol. 4, July 2012: 153-83 Credit and Self-Employment With Ahmet Akyol Journal of Economic Dynamics and Control, Vol. 35, March 2011: 363-85 Previous Version: Working Paper, April 2009, No. 09-5 Self-Employment Rates and Business Size: The Roles of Occupational Choice and Credit Market Frictions With Ahmet Akyol Annals of Finance, Vol. 5, June 2009: 495-519 Unsecured Credit Markets Are Not Insurance Markets With Xuan S. Tam and Eric R. Young Journal of Monetary Economics, Vol. 56, January 2009: 83-103 Default, Insurance, and Debt over the Life-Cycle Journal of Monetary Economics, Vol. 55, May 2008: 752-74 Fresh Start or Head Start? Uniform Bankruptcy Exemptions and Welfare Journal of Economic Dynamics and Control, Vol. 30, November 2006: 2051-79 Previous Version: Working Paper, May 2003, No. 03-3R Unsecured Debt with Public Insurance: From Bad to Worse With Nicole B. Simpson Journal of Monetary Economics, Vol. 53, May 2006: 797-825 Previous Version: Working Paper, November 2003, No. 03-14R Risky Higher Education and Subsidies With Ahmet Akyol Journal of Economic Dynamics and Control, Vol. 29, June 2005: 979-1023 Previous Version: Working Paper, August 2003, No. 03-2 Welfare Implications of the Bankruptcy Reform Act of 1999 Journal of Monetary Economics, Vol. 49, November 2002: 1567-95 Books and Book Chapters "Student Loan Borrowing and Repayment Decisions: Risks and Contingencies" With Christopher Herrington, Felicia Ionescu and Urvi Neelakantan in The Routledge Handbook of the Economics of Education, edited by Brian P. McCall, Routledge, 2021 Big Ideas in Macroeconomics: A Non-Technical View, MIT Press, 2013 Federal Reserve Bank of Richmond Understanding Living Wills With Arantxa Jarque Federal Reserve Bank of Richmond Economic Quarterly, Third Quarter 2015, Vol. 101, No. 3 Land of Opportunity: Economic Mobility in the United States With Jessie Romero Federal Reserve Bank of Richmond Economic Quarterly, Second Quarter 2015, Vol. 101, No. 2 Systemic Risk and the Pursuit of Efficiency Federal Reserve Bank of Richmond Economic Quarterly, First Quarter 2015, Vol. 101, No. 1 Loan Guarantees for Consumer Credit Markets With Xuan S. Tam and Eric R. Young Federal Reserve Bank of Richmond Economic Quarterly, Fourth Quarter 2014, Vol. 100, No. 4 Debt Default and the Insurance of Labor Income Risk With Xuan S. Tam and Eric R. Young Federal Reserve Bank of Richmond Economic Quarterly, Fourth Quarter 2012, Vol. 98, No. 4 The Cost of Unanticipated Financial Shocks: Two Examples With Urvi Neelakantan Federal Reserve Bank of Richmond Economic Quarterly, Fourth Quarter 2011, Vol. 97, No. 4 Earned Income Tax Credit Recipients: Income, Marginal Tax Rates, Wealth, and Credit Constraints With Devin Reilly and Nicole B. Simpson Federal Reserve Bank of Richmond Economic Quarterly, Third Quarter 2010, Vol. 96, No. 3 Systemic Risk and the Pursuit of Efficiency Federal Reserve Bank of Richmond Annual Report, 2009 Consumption Smoothing and the Measured Regressivity of Consumption Taxes With Devin Reilly Federal Reserve Bank of Richmond Economic Quarterly, Winter 2009, Vol. 94, No. 1 Credit Access, Labor Supply, and Consumer Welfare Federal Reserve Bank of Richmond Economic Quarterly, Winter 2008, Vol. 94, No. 1 Implications of Some Alternatives to Capital Income Taxation With A. Waddle Federal Reserve Bank of Richmond Economic Quarterly, Winter 2007, Vol. 93, No. 1 Credit Exclusion in Quantitative Models of Bankruptcy: Does It Matter? With H. Janicki Federal Reserve Bank of Richmond Economic Quarterly, Winter 2006, Vol. 92, No. 1 Equilibrium Models of Personal Bankruptcy: A Survey Federal Reserve Bank of Richmond Economic Quarterly, Spring 2005: Vol. 91, No. 2 Shame As It Ever Was: Stigma and Personal Bankruptcy Federal Reserve Bank of Richmond Economic Quarterly, Spring 2004: Vol. 90, No. 2 Unemployment Insurance and Personal Bankruptcy Federal Reserve Bank of Richmond Economic Quarterly, Spring 2003: Vol. 89, No. 2 The Growth of Unsecured Credit: Are We Better Off? Federal Reserve Bank of Richmond Economic Quarterly, Summer 2001: Vol. 87, No. 3 The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. |
