
Scholars / UChicago Scholar
Raghuram Rajan
The Katherine Dusak Miller Distinguished Service Professor of Finance, Booth School of Business
Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth. He was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016. Between 2003 and 2006, Dr. Rajan was the Chief Economist and Director of Research at the International Monetary Fund. Dr. Rajan’s research interests are in banking, corporate finance, and economic development, especially the role finance plays in it. He co-authored Saving Capitalism from the...
Related Working Papers
- Aug 15, 2023Sovereign Debt and Economic Growth When Government is Myopic and Self-interested
- Aug 15, 2023Liquidity, Liquidity Everywhere, Not a Drop to Use: Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity
- Jun 15, 2023Finance and Climate Resilience: Evidence from the Long 1950s US Drought
- Mar 27, 2023What Purpose Do Corporations Purport? Evidence from Letters to Shareholders
- Mar 16, 2023Liquidity Dependence and the Waxing and Waning of Central Bank Balance Sheets
- Aug 11, 2021The Relationship Dilemma: Why Do Banks Differ in the Pace at Which They Adopt New Technology?
- Jan 25, 2021Liquidity, Pledgeability, and the Nature of Lending
- Dec 1, 2020Secured Credit Spreads and the Issuance of Secured Debt
- Mar 17, 2020Kill Zone
- Mar 17, 2020When is Debt Odious? A Theory of Repression and Growth Traps
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Related Insights
- Jun 22, 2023Finance and Climate Resilience: Evidence From the Long 1950s US Drought
- Feb 1, 2022Liquidity, Liquidity Everywhere, not a Drop to Use: Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity
- Aug 17, 2021The Relationship Dilemma: Why Do Banks Differ in the Pace at Which They Adopt New Technology?
- Mar 12, 2021Is the Future Cashless?
- Jan 26, 2021Liquidity, Pledgeability, and the Nature of Lending
- Oct 22, 2020Deep Dive Series – Is the Future Cashless?
- Aug 4, 2020Opinion | Should we burden generations to come by spending so freely?
- Jul 6, 2020Pursue self-interest by helping other economies too
- Jun 11, 2020Episode 9: Could the Fed’s Rescue Go Awry?
- Dec 19, 2018China’s Impact on Multilateral Institutions & Investment Strategies: A Conversation with Raghu Rajan
- Nov 3, 2018Panels from the 2018 US-China Forum
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Related News
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- Jan 23, 2023Chicago Booth event looks at year ahead amid global uncertainty
- Jan 19, 2023‘Wake Up!’ Global Elites Confront a World Full of Risks at Davos
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- Jan 18, 2023Three risks, opportunities, and silver linings economists see for the economy in 2023
- Jan 18, 2023The world has partly inflated its debt away, No. 2 official from IMF tells Davos crowd
- Jan 18, 2023US Has Overspent Because of Its Fractured Politics, Rajan Says
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- Dec 14, 2022Star economist Rajan boosts Congress spirits by joining Gandhi’s cross-India march
- Dec 2, 2022Global Economy Must Start Bracing for Low Inflation, Rajan Says
- Nov 29, 2022Why the global economy is slowing
- Nov 18, 2022What Is ‘Friendshoring’?
- Nov 6, 2022Community-based economic development is the key to a strong pandemic recovery
- Oct 19, 2022Raghuram Rajan: Climate Action and Continued Globalization Joined at the Hip (2022 Per Jacobsson Lecture)
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- Oct 14, 2022Surveillance: UK Crisis
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- Oct 7, 2022Global Fallout From Rate Moves Won’t Stop the Fed
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- Jul 30, 2022Raghuram Rajan praises RBI, says India is not facing economic problems like Sri Lanka, Pakistan
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- May 13, 2022Surveillance: Inflation Expectations with Rajan
- May 13, 2022Surveillance: Inflation Expectations with Rajan
- May 13, 2022Jerome Powell’s grade for his first term leading the Fed? An incomplete.
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- Apr 22, 2022Raghuram Rajan on why India shouldn’t follow China’s path & put all eggs in the manufacturing basket
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- Feb 6, 2022The U.S. is considering a radical rethinking of the dollar for today’s digital world
- Jan 31, 2022The End of Free-Lunch Economics
- Jan 31, 2022The idea of a digital dollar raises concerns over security and privacy
- Jan 27, 2022UChicago economists forecast impact of inflation, interest rates and instability
- Jan 26, 2022Federal Reserve Is a ‘Prisoner’ of Its New Framework, Rajan Says
- Jan 26, 2022Is the Great Resignation Overblown?
- Jan 24, 2022Paper Questions Benefits of Expanding Central Bank Balance Sheets
- Jan 15, 2022Indian economy has both bright and dark spots that need attention, says former RBI Governor Raghuram Rajan
- Jan 5, 2022IMF Podcasts: The Year in Review
- Dec 29, 2021Greening The Global Economy
- Nov 24, 2021Inflation may persist for longer; US Fed has tough task on hands: Raghuram Rajan
- Nov 4, 2021So Much for the Great Unwind. Easy Money Isn’t So Easy to Quit.
- Oct 20, 2021Digital Dollar Could Overwhelm Local Currencies, Rajan Warns
- Oct 20, 2021The Challenge of Putting Out the Climate Fire
- Oct 15, 2021China risks making ‘big mistakes’ with widespread crackdown, says ex-IMF chief economist
- Sep 30, 2021Raghuram Rajan urges caution on central bank digital currencies
- Sep 29, 2021China’s Risky Business Crackdown
- Aug 30, 2021Fed Now Risks Too-Slow Taper After Too Fast in 2013, Rajan Says
- Aug 26, 2021Central banks should not mandate ‘green’ investments: Raghuram Rajan
- Aug 24, 2021Why communities are key to rebuilding life after the COVID-19 pandemic
- Aug 18, 2021Rajan On Rising Inequality, Lost Generation, Competition Problem And China Clampdown
- Aug 6, 2021Bank of Japan and the Fed may be most vulnerable from prolonged quantitative easing: Professor
- Jul 21, 2021A lopsided recovery from the pandemic bodes ill for emerging economies
- Jun 21, 2021Duflo, Rajan Named to Indian State’s Economic Advisory Panel
- May 31, 2021A Global Incentive to Reduce Emissions
- May 3, 2021India Underestimated the Virus: Rajan
- Apr 8, 2021We’ve had a really tragic pandemic and yet markets are at an all time high: Chicago Booth Professor Raghuram Rajan
- Apr 7, 2021It will take time to work out the details for a global minimum tax on companies, Raghuram Rajan says
- Apr 4, 2021A riot of US spending spells trouble for future generations
- Feb 21, 2021The boardroom’s futile pursuit of purpose
- Jan 26, 2021Raghuram G. Rajan Says More…
- Jan 22, 2021What’s Next for the U.S. Economy? Scholars Discuss Impact of Election and Pandemic
- Jan 13, 2021Rajan: Markets Take Advantage of Central Banks’ Promises
- Jan 5, 2021World Economy Faces Debt Doom Loop, More Inequity Post Pandemic
- Dec 18, 2020Surveillance: Corporate Distress With Rajan (Podcast)
- Dec 7, 2020Former RBI Governor Rajan on Stimulus, Global Economy, India
- Nov 30, 2020How Much Debt Is Too Much?
- Nov 4, 2020‘Most of the action central banks can take has already been done’: Former RBI governor
- Oct 21, 2020When Milton Friedman, prophet of profit, met a pandemic
- Oct 20, 2020‘Jury is still out’ on negative rates, ex-Indian central bank chief says
- Oct 14, 2020Raghuram Rajan: ‘Society has to find a new equilibrium’
- Oct 8, 2020‘Atmanirbhar Bharat’ should not result in protectionism, says former RBI governor Raghuram Rajan
- Oct 7, 2020U.S. economy without more stimulus is nearing a dangerous ‘tipping point.’
- Sep 15, 2020Unless the government acts fast, India faces deep, structural economic problems
- Sep 7, 2020India’s Ex-Central Banker Says Country Needs To Hop On Stimulus Bandwagon
- Aug 30, 2020Fed’s Shift Is Temporary Boon for Emerging Market Central Banks
- Aug 6, 2020The US needs to stop acting as though it has ‘infinite fiscal space,’ and provide more targeted coronavirus stimulus, a top economist warned
- Aug 6, 2020Fresh U.S. pandemic stimulus should be more targeted: Raghuram Rajan
- Aug 2, 2020U.S., China must ‘step up’ to lead in the coronavirus crisis or emerging economies may sink, experts say
- Jul 30, 2020Rajan Says Fed, Not Market Would Drive Rates Negative
- Jul 24, 2020US-China conflict to impair global trade which is vital for India’s reopening: Raghuram Rajan
- Jul 22, 2020Emerging Economies Face Real Risk of ‘Submerging,’ Singapore Official Says
- Jul 22, 2020Pandemic’s economic hit will be here ‘for a long time’ even if a vaccine is approved, economist says
- Jun 10, 2020Raghuram Rajan Says the Fed Is Doing a Fantastic Job
- Jun 10, 2020Surveillance: Fed’s Response with Rajan (Podcast)
- Jun 9, 2020Propping up zombie companies will create more zombies: Former Reserve Bank of India governor
- May 8, 2020Monetisation Neither A Game Changer Nor A Catastrophe, Says Raghuram Rajan
- Apr 30, 2020Raghuram Rajan warns against centralisation of power in India amid Covid-19 pandemic
- Apr 30, 2020Shri Rahul Gandhi in conversation with Dr. Raghuram Rajan on COVID19 & its economic impact
- Apr 21, 2020Raghuram Rajan cautions against giving communal colour to coronavirus
- Apr 7, 2020India Can Use Coronavirus Crisis to Make Reforms: Former RBI Governor
- Apr 5, 2020Former RBI Governor Raghuram Rajan Urges Govt to Invite Experts to Deal with Economic Impact of COVID-19
- Mar 25, 2020Surveillance: Coronavirus Response With Rajan (Podcast)
- Mar 23, 2020Markets Will Be Volatile Until Measures To Contain COVID-19 Prove Effective: Economist Rajan
- Mar 20, 2020Rich Countries Cannot Win the War Against Coronavirus Alone
- Mar 20, 2020How Other Countries Reacted To Coronavirus Will Impact America Eventually: Former Head Of India’s Central Bank
- Mar 18, 2020US Needs To ‘Consider Carefully’ Which Companies Deserve Bailouts In Stimulus Package: Professor
- Mar 17, 2020Economist Who Warned of 2008 Crisis Doesn’t See a Repeat — If the U.S. Takes These Steps
- Mar 13, 2020The Pandemic Stress Test
- Mar 12, 2020There Was Enough Time To Put Together Plan For Yes Bank, Says Raghuram Rajan
- Mar 4, 2020Why big-tech mergers stifle innovation
- Feb 27, 2020India’s Deepening Slowdown Faces Fresh Risks from Virus
- Feb 27, 2020Fmr. RBI Head Rajan on Virus Outbreak, Global Economy, India’s Growth
- Dec 6, 2019Exclusive: Raghuram Rajan Explains How to Fix the Economy
- Nov 6, 2019Rajan Discusses Fed, Global Economy, BOE, Brexit
- Nov 4, 2019Factbox: Who Might Succeed Carney to Run Britain’s Central Bank?
- Oct 23, 2019Debt, Default and the IMF in Argentina (Podcast)
- Oct 14, 2019Nobel Winner Abhijit Banerjee and Former RBI Chief Raghuram Rajan on India’s Economic Challenges
- Sep 28, 2019‘Suppressing Dissent Is a Sure Fire Recipe for Policy Mistakes’: Raghuram Rajan
- Sep 16, 2019Business Book of the Year Award 2019 — the Shortlist
- Sep 6, 2019Opinion: The True Toll of the Trade War
- Aug 23, 2019World Leaders’ G7 Expectations: A Nice Chat, Some Good Wine, No Unity With Trump
- Aug 22, 2019Big Business is Beginning to Accept Broader Social Responsibilities
- Aug 20, 2019It’s the Fed, but the World Will Have Its Say
- Aug 17, 2019Slate Money: The India Edition
- Aug 16, 2019Raghuram Rajan: Markets and State Leave Community Behind
- Aug 16, 2019Former IMF Chief Economist: Recession Risk Depends on Trade, the Fed
- Aug 13, 2019How Indians Cleaned Up One of Their Dirtiest Cities—and Have Kept It That Way
- Aug 11, 2019The New IMF Head Should Not Be Dictated by the Tired, Old, EU Order
- Aug 10, 2019Business Book of the Year Award 2019 — The Longlist
- Jul 31, 2019Central Banks Are the Fall Guys
- Jul 22, 2019Raghuram Rajan on Prospects for a World Recession
- Jul 9, 2019Raghuram Rajan: How Markets and the State Betray Communities
- Jul 1, 2019View- YV Reddy’s Broader Message: India is Too Big to be Governed Directly by the Centre
- Jun 18, 2019We Can’t Rely on National Governments to Save Failing Communities. It’s Time for a New Approach
- Jun 11, 2019CEO Initiative 2019: A Conversation About Capitalism
- Jun 11, 2019Former IMF Chief Economist: Here’s How Amazon Bungled HQ2
- Jun 3, 2019Raghuram Rajan’s Mission To Fix Capitalism From The Inside
- Jun 3, 2019Big Brains: How the Loss of Community Threatens Society With Raghuram Rajan
- Apr 15, 2019Booth Professor Raghu Rajan discusses jobs, the economy, and India’s election
- Apr 9, 2019Booth’s Raghu Rajan Warns Against Poking the Fed
- Aug 24, 2018Booth’s Raghuram Rajan discusses the economic risks facing the global economy
- Aug 22, 2018Booth’s Raghuram Rajan asked to advise India on non-performing assets crisis
- Aug 16, 2018Booth’s Raghuram Rajan discusses the Turkish currency crisis
- Aug 1, 2018Booth’s Raghuram Rajan analyzes the divergence between the academic and nonacademic economists
- May 14, 2018Booth’s Raghuram Rajan explains how central bank policies affect emerging markets
- May 11, 2018Booth’s Raghuram Rajan and Luigi Zingales cited in discussion of Ebay’s relaunch of India operations after Flipkart sale
- Apr 24, 2018Booth’s Raghuram Rajan potentially in consideration for governor of England’s central bank
- Apr 12, 2018Booth’s Raghuram Rajan discusses implementation of the Goods and Services tax in India
- Mar 26, 2018Booth’s Raghuram Rajan advocates for education and skill building in India
- Mar 21, 2018Booth’s Raghuram Rajan examines likelihood of reforms in India
- Mar 19, 2018Booth’s Raghuram Rajan explains need for stronger economic growth rate in India
- Feb 2, 2018Op-ed Cited “Saving Capitalism from the Capitalists,” a Book by Booth’s Raghuram Rajan and Luigi Zingales, in Discussion on Tax Reform
- Jan 23, 2018Booth’s Austan Goolsbee, Randall Kroszner and Raghuram Rajan Examine Concerns About the Economy
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