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Economics and Finance
USA
2026

D-Index & Metrics

Economics and Finance

D-Index
104
Citations
129880
World Ranking
78
National Ranking
64

Research.com Recognitions

  • 2026 - Research.com Economics and Finance in United States Leader Award
  • 2025 - Research.com Economics and Finance in United States Leader Award
  • 2024 - Research.com Economics and Finance in United States Leader Award
  • 2012 - Fellow of the American Finance Association (AFA)
  • 2009 - Fellow of the American Academy of Arts and Sciences
  • 2003 - Fischer Black Prize, American Finance Association (AFA)
  • Fellow of the Financial Management Association
  • Fellow of the Financial Management Association
  • Fellow of the Financial Management Association

Overview

Raghuram G. Rajan is affiliated with the University of Chicago in the United States. Their research primarily spans the field of Economics, Econometrics, and Finance, with a total of 64 publications in this domain. Within this main field, they have contributed extensively to subfields including Finance, Economics and Econometrics, General Economics, Econometrics and Finance, Accounting, and Strategy and Management.

The researcher focuses on several core topics, notably:

  • Global Financial Crisis and Policies
  • Banking stability, regulation, efficiency
  • Economic Theory and Policy
  • Fiscal Policies and Political Economy
  • State Capitalism and Financial Governance
  • Corporate Finance and Governance
  • Credit Risk and Financial Regulations

Rajan has frequently published in notable venues such as the SSRN Electronic Journal, Journal of Financial Economics, The Journal of Finance, Journal of International Economics, and Journal of Policy Modeling. The SSRN Electronic Journal accounts for the largest number of publications, with 30 entries.

Key recent papers authored or co-authored by Rajan include:

  • The secured credit premium and the issuance of secured debt (2022) in Journal of Financial Economics
  • The Decline of Secured Debt (2023) in The Journal of Finance
  • Liquidity Dependence: Why Shrinking Central Bank Balance Sheets is an Uphill Task (2022) in SSRN Electronic Journal
  • Liquidity, Liquidity Everywhere, Not a Drop to Use - Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity (2021) in SSRN Electronic Journal
  • Liquidity, Liquidity Everywhere, Not a Drop to Use: Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity (2022) in SSRN Electronic Journal

Rajan has collaborated frequently with several co-authors, including viral V. Acharya, Efraim Benmelech, Nitish Kumar, Luigi Zingales, and Douglas W. Diamond. The most frequent collaborator is Viral V. Acharya, with 15 joint publications.

In addition to journal articles, Rajan has contributed to book publications with publishers such as The MIT Press and Washington, DC: World Bank eBooks. Notable books include "Monetary Policy and Its Unintended Consequences" (2023) and "A Global Incentive Scheme to Reduce Carbon Emissions" (2024).

Among awards received, Rajan holds distinctions including the Fischer Black Prize from the American Finance Association (2003), and fellowships with the American Finance Association (2012), the American Academy of Arts and Sciences (2009), and the Financial Management Association.

Best Publications

  • Financial Dependence and Growth

    Raghuram G Rajan;Luigi Zingales

  • What Do We Know about Capital Structure? Some Evidence from International Data

    Raghuram G. Rajan;Luigi Zingales

  • The Benefits of Lending Relationships: Evidence from Small Business Data

    Mitchell A. Petersen;Raghuram G. Rajan

  • INSIDERS AND OUTSIDERS: The Choice between Informed and Arm's-length Debt

    Raghuram G. Rajan

  • The Effect of Credit Market Competition on Lending Relationships

    Mitchell A. Petersen;Raghuram G. Rajan

  • The great reversals: the politics of financial development in the twentieth century

    Raghuram G. Rajan;Luigi Zingales

  • Trade Credit: Theories and Evidence

    Mitchell A. Petersen;Raghuram G. Rajan

  • Does distance still matter? The information revolution in small business lending

    Mitchell A. Petersen;Raghuram G. Rajan

  • Fault Lines: How Hidden Fractures Still Threaten the World Economy

    Raghuram G. Rajan

  • Does function follow organizational form? Evidence from the lending practices of large and small banks

    Allen N. Berger;Nathan H. Miller;Mitchell A. Petersen;Raghuram G. Rajan

  • Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking

    Douglas W. Diamond;Raghuram G. Rajan

  • The Cost of Diversity: The Diversification Discount and Inefficient Investment

    Raghuram Rajan;Henri Servaes;Luigi Zingales

  • Entry regulation as a barrier to entrepreneurship

    Leora Klapper;Luc Laeven;Luc Laeven;Raghuram Rajan;Raghuram Rajan;Raghuram Rajan

  • Aid and Growth: What Does the Cross-Country Evidence Really Show?

    Raghuram G. Rajan;Arvind Subramanian

  • A Theory of Bank Capital

    Douglas W. Diamond;Raghuram G. Rajan

  • Power in a Theory of the Firm

    Raghuram G Rajan;Luigi Zingales

  • Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-Taking

    Anil K. Kashyap;Raghuram Rajan;Jeremy C. Stein

  • Covenants and Collateral as Incentives to Monitor

    Raghuram Rajan;Andrew Winton

  • Saving capitalism from the capitalists : unleashing the power of financial markets to create wealth and spread opportunity

    Raghuram Rajan;Luigi Zingales

  • Foreign Capital and Economic Growth

    Eswar Prasad;Raghuram G. Rajan;Arvind Subramanian

  • The Paradox of Liquidity

    Stewart C. Myers;Raghuram G. Rajan

  • What Do We Know About Capital Structure? Some Evidence from International Data

    Raghuram G. Rajan;Raghuram G. Rajan;Raghuram G. Rajan;Luigi Zingales;Luigi Zingales;Luigi Zingales

  • The Great Reversals: The Politics of Financial Development in the 20th Century

    Raghuram G. Rajan;Luigi Zingales

  • Aid and Growth

    Raghuram Rajan;Arvind Subramanian

Frequent Co-Authors

Luigi Zingales
Luigi Zingales University of Chicago
Douglas W. Diamond
Douglas W. Diamond University of Chicago
Arvind Subramanian
Arvind Subramanian Center for Global Development
Anil K. Kashyap
Anil K. Kashyap University of Chicago
Jeremy C. Stein
Jeremy C. Stein Harvard University
Eswar S. Prasad
Eswar S. Prasad Cornell University
René M. Stulz
René M. Stulz The Ohio State University
Luc Laeven
Luc Laeven European Central Bank
Hyun Song Shin
Hyun Song Shin Bank of Korea
John H. Cochrane
John H. Cochrane Hoover Institution

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