Our Team
Kartik B. Athreya
Executive Vice President and Director of Research
Kartik Athreya is executive vice president and director of research at the Federal Reserve Bank of Richmond. Athreya's work has been published in a variety of academic journals, including the Journal of Monetary Economics, American Economic Journal: Macroeconomics, and International Economic Review.
Athreya's research interests are in macroeconomics and consumer finance. His 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.
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Academic Publications
Review of Economic Dynamics, forthcomingPrevious Version: Working Paper, July 2021, No. 21-11Review of Economic Dynamics, Vol. 47, January 2023: 1-18American Economic Journal: Macroeconomics, Vol. 13, April 2021: 168-213Previous Version: Working Paper, March 2013, No. 13-02RThe Review of Financial Studies, Vol. 32, October 2019: 3851–3883Previous Version: Working Paper, November 2017, No. 17-14RInternational Economic Review, Vol. 59, May 2018: 593-623Previous Version: Working Paper, September 2016, No. 16-12Quantitative Economics, Vol. 8, November 2017: 761-808Previous Version: Working Paper, March 2014, No. 14-04RReview of Economic Dynamics, Vol. 18, January 2015: 32-52American Economic Journal: Macroeconomics, Vol. 4, July 2012: 153-183Journal of Economic Dynamics and Control, Vol. 35, March 2011: 363-385Previous Version: Working Paper, April 2009, No. 09-5Annals of Finance, Vol. 5, June 2009: 495-519Journal of Monetary Economics, Vol. 56, January 2009: 83-103Journal of Monetary Economics, Vol. 55, May 2008: 752-774Journal of Economic Dynamics and Control, Vol. 30, November 2006: 2051-2079Previous Version: Working Paper, May 2003, No. 03-3RJournal of Monetary Economics, Vol. 53, May 2006: 797-825Previous Version: Working Paper, November 2003, No. 03-14RJournal of Economic Dynamics and Control, Vol. 29, June 2005: 979-1023Previous Version: Working Paper, August 2003, No. 03-2Journal of Monetary Economics, Vol. 49, November 2002: 1567-1595
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Bank Publications
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Books and Book Chapters
Big Ideas in Macroeconomics: A Non-Technical View, MIT Press, 2013.
"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.
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Working Papers
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Work in Progress
"Record-Keeping in Consumer Credit Markets" (joint with Meta Brown, Eric R. Young, and Xuan S. Tam).
"Investment Opportunities and Economic Mobility: Who Benefits from College and the Stock Market?" (joint with Felicia F. Ionescu, Urvi Neelakantan, and Ivan Vidangos).
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Other Work
"Challenges for Policymakers in a Low Interest Rate Environment." Speech to the Asian Banker Future of Finance Summit, Beijing, China, May 25, 2018.
"Economic Outlook, January 2018." Speech to the Maryland Bankers Association First Friday Economic Outlook Forum, Baltimore, Md., January 5, 2018.
"Why is There (still) No Private-Equity Premium?" (joint with Ahmet Akyol, Pierre Sarte, and Eric R. Young).
"Income Floors and Interest-Rate Ceilings."
"The Skill Premium and Household Indebtedness: A Tale of Five Series" (joint with Felicia F. Ionescu and B. Ravikumar).