Ankit Kalda
- Associate Professor of Finance
- Jerome Bess Faculty Fellowship
Campus: Bloomington
Biography
Ankit Kalda is an Assistant Professor of Finance and Rifkin Faculty Fellow at Kelley School of Business at Indiana University.
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Ankit Kalda is an Assistant Professor of Finance and Rifkin Faculty Fellow at Kelley School of Business at Indiana University. His primary research interests include household finance, labor & finance, and behavioral finance. His research addresses questions related to the determinants and consequences of household debt with a special focus on the interaction between household debt and labor markets, impact of technology on household economic decisions, and drivers of firms’ hiring and firing decisions. His work has been published in top journals and has received attention from both media and policy makers including being cited in policy reports by the Congressional Budget Office. He received his PhD in Finance from Washington University in St Louis in 2019. Before joining the PhD program, Ankit completed his Bachelors and Masters in Economics from Indian Institute of Technology (IIT), Kharagpur.
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Areas of Expertise
Household Finance, Labor and Finance, Behavioral Finance
Academic Degrees
- PhD in Finance, Washington University in St Louis
- Bachelors & Masters in Economics, Indian Institute of Technology (IIT) Kharagpur
Selected Publications
- Fos, S., Hamdi, N., Kalda, A., and Nickerson, J. (2025). Gig Labor: Trading Safety Nets for Steering Wheels. Journal of Financial Economics, 163, 103956.
- Di Maggio, M., Kalda, A., and Yao, V. (2024). Second Chance: Life without Student Debt. Journal of Finance, in press.
- Gopalan, Y., Kalda, A., and Manela, A. (2021). Hub-and-Spoke Regulation and Bank Leverage. Review of Finance, 25(5), 1499-1545.
- Gopalan, R., Hamilton, B., Kalda, A., and Sovich, D. (2021). Home Equity and Labor Income: The Role of Constrained Mobility. Review of Financial Studies, 34(10), 4619–4662.
- Gopalan, R., Gormely, T., and Kalda, A. (2021). It is Not So Bad: Director Bankruptcy Experience and Corporate Risk Taking. Journal of Financial Economics, 142(1), 261-292.
- Gopalan, R. Hamilton, B., Kalda, A., and Sovich, D. (2021). State Minimum Wage Changes and Employment: Evidence from 2 Million Hourly Wage Workers. Journal of Labor Economics, 39(3), 673-707.
- Kalda, A. (2020). Peer Financial Distress and Individual Leverage. Review of Financial Studies, 33(7), 3348–3390.
Edited on July 22, 2024
