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Default Risk and Private Student Loans: Implications for Higher Education Policies (joint with Nicole Simpson)
Journal of Economic Dynamics and Control, March 2016, Vol. 64, pages 119-147
Finance and Economics Discussion Series No. 2014-14. Board of Governors of the Federal Reserve System

PDF version here

Insuring Student Loans Against the Risk of College Failure (joint with Satyajit Chatterjee)
Quantitative Economics
, November 2012, Vol. 3, Iss. 3, pages 393-420
Previous version, Working Paper Series at FRB, Philadelphia, October 2010, WP 10-31
PDF version here

Risky Human Capital and Alternative Bankruptcy Regimes for Student Loans
Journal of Human Capital, Summer 2011, Vol.5, Iss. 2; Codes (in C and Matlab) are available upon request
PDF version here

The Federal Student Loan Program: Quantitative Implications for College Enrollment and Default Rates 
Review of Economic Dynamics, January 2009, Vol. 12, Iss. 1  Technical Appendix;  Codes (Matlab)
PDF version here

A Theory of Brain Drain and Public Funding for Higher Education in the U.S. (joint with Linnea Polgreen)
American Economic Review P&P , May 2009, Vol. 99, Iss. 2
PDF version here

 Consolidation of Student Loan Repayments and Default Rates Across Income Groups 
The B.E. Journal of Macroeconomics, August 2008, Vol. 8, Iss. 1 (Topics) 
PDF version here

Working Papers

Stock Market Investment: The Role of Human Capital (joint with Kartik Athreya and Urvi Neelakantan) (New! (04/27/2017)
Resubmitted at the American Economic Review

A Tale of Two Debts: Student Loan versus Credit Card Debt (joint with Marius Ionescu and Wenli Li) (updated draft coming soon!)
Previous version:
The Interplay Between Student Loans and Credit Card Debt: Implications for Default in The Recent Crisis
Finance and Economics Discussion Series No. 2014-66. Board of Governors of the Federal Reserve System)
Under review

Investment Opportunities and Economic Mobility: Who Benefits From College and the Stock Market?  (joint with Kartik Athreya, Urvi Neelakantan and Ivan Vidangos) (New! (November 21, 2017)

Learn Now, Save Later: College and Household Portfolios (joint with Kartik Athreya and Urvi Neelakantan) (draft coming soon!)

The Effects of Credit Status on College Enrolment and College Completion (joint with Dora Gicheva and Nicole Simpson), IZA DP No. 6719, July 2012

Bank Publications

College or the Stock Market or College and the Stock Market (joint with Kartik Athreya and Urvi Neelakantan)
FEDS Notes. Board of Governors of the Federal Reserve System, January 2017

Work in Progress

The Rise in College Premium and Positive Assortative Matching in Colleges: Some Implications for Attainment (joint with Satyajit Chatterjee)

The Skill Premium and Household Indebtedness: A Tale of Five Series (joint with Kartik Athreya and B. Ravikumar)

My Research with Satyajit Chatterjee in the News