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Igor Livshits

Economic Advisor and Economist

Phone: (215) 574-3807
Fax: (215) 574-4303
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Curriculum vitae PDF

Refereed Publications

  • “Screening as a Unified Theory of Delinquency, Renegotiation, and Bankruptcy,” with N. Kovrijnykh, International Economic Review, 58:2 (2017), pp. 499–527.
  • “The Democratization of Credit and the Rise in Consumer Bankruptcies,” with J. MacGee and M. Tertilt, Review of Economic Studies, 83:4 (2016), pp. 1673–1710.
  • “Recent Developments in Consumer Credit and Default Literature,” Journal of Economic Surveys, 29:4 (2015), pp. 594–613.
  • “Accounting for the Rise in Consumer Bankruptcies,” with J. MacGee and M. Tertilt, American Economic Journal Macroeconomics, 2 (2010), pp. 165–193.
  • “Uncertainty and the Specificity of Human Capital,” with M. Gervais and C. Meh, Journal of Economic Theory, 143 (2008), pp. 469–498.
  • “Consumer Bankruptcy: A Fresh Start,” with J. MacGee and M. Tertilt, American Economic Review, 97:1 (2007), pp. 402–418.
  • “Vested Interests and Technology Adoption,” with B. Bridgman and J. MacGee, Journal of Monetary Economics, 54 (2007), pp. 649–666.
  • “On Non-Existence of Pure Strategy Markov Perfect Equilibria,” Economics Letters, 76:3 (2002), pp. 393–396.

Other Publications

  • “Recent Developments and Future Directions of Transition Economies. A Belarusian’s Perspective,” in “The Future of CIS and CEE Countries,” with contributions by Helena Schweiger, Igor Livshits, Bas B. Bakker, and Tymofiy Mylovanov, Economics of Transition, 26:4 (2018), pp. 801–826.
  • “Income Loss and Bankruptcies over the Business Cycle,” with D. Fieldhouse and J. MacGee, Insolvency Research Paper, Office of the Superintendent of Bankruptcy Canada, October 2012.

Working Papers

  • “Building Credit History with Heterogeneously Informed Lenders,” with Natalia Kovrijnykh and Ariel Zetlin-Jones, Working Paper 19-17, March 2019.
  • “Banking Regulation with Risk of Sovereign Default,” with Pablo D’Erasmo and Koen Schoors, Working Paper 19-15, February 2019.
  • “Greed as a Source of Polarization,” with Mark L.J. Wright, Working Paper 18-01, January 2018.
  • “Costly Contracts and Consumer Credit,” with J. MacGee and M. Tertilt, NBER Working Paper 17448, September 2011.
  • “Uncertainty, Specificity, and Institutions,” with M. Gervais, Society for Economic Dynamics Meeting Papers, No. 521, June 2010.
  • “Barriers to Technology Adoption and Entry,” with J. MacGee, Economic Policy Research Institute, Western University, July 2008.
  • “Accounting for the Rise in Consumer Bankruptcies,” with J. MacGee and M. Tertilt, NBER Working Paper 13363, September 2007.
  • “Consumer Bankruptcy: A Fresh Start,” with J. MacGee and M. Tertilt, Federal Reserve Bank of Minneapolis Working Paper 617, 2003.
  • “For Sale: Barriers to Riches,” with B. Bridgman and J. MacGee, EPRI Working Paper, November 2004.

Book Chapters

  • “The Impact of the Russian Crisis on the Belarusian Economy: The Trade Channel,” with K. Bornukova, in The Russian Economy Under Putin, T. Becker and S. Oxenstierna (eds.), Routledge, 2018.
  • “Recent Developments in Consumer Credit and Default Literature,” in A Collection of Surveys on Savings and Wealth Accumulation, E. Claus and I. Claus (eds.), Wiley Blackwell, 2016, pp. 9–31.

Research Interests

  • Consumer Credit
  • Bankruptcy
  • Default
  • Sovereign Debt
  • Political Economy
  • Banking
  • Macroeconomic Theory        
  • Last update: July 22, 2019