BFI Working Papers

Sharing research in progress—and refining it through rigorous discussion and debate—is a hallmark of scholarship at the Becker Friedman Institute for Economics.
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BFI Working Paper Aug 15, 2023

Sovereign Debt and Economic Growth When Government is Myopic and Self-interested

Viral V. Acharya, Raghuram Rajan, Jack Shim
Topics:  Fiscal Studies, Financial Markets
BFI Working Paper Jun 15, 2023

Finance and Climate Resilience: Evidence from the Long 1950s US Drought

Raghuram Rajan, Rodney Ramcharan
Topics:  Energy & Environment, Financial Markets
BFI Working Paper Mar 27, 2023

What Purpose Do Corporations Purport? Evidence from Letters to Shareholders

Raghuram Rajan, Pietro Ramella, Luigi Zingales
Topics:  Financial Markets
BFI Working Paper Mar 16, 2023

Liquidity Dependence and the Waxing and Waning of Central Bank Balance Sheets

Viral V. Acharya, Rahul S. Chauhan, Raghuram Rajan, Sascha Steffen
Topics:  Monetary Policy
BFI Working Paper Aug 11, 2021

The Relationship Dilemma: Why Do Banks Differ in the Pace at Which They Adopt New Technology?

Prachi Mishra, Nagpurnanand Prabhala, Raghuram Rajan
Topics:  Technology & Innovation
BFI Working Paper Jan 25, 2021

Liquidity, Pledgeability, and the Nature of Lending

Douglas W. Diamond, Yunzhi Hu, Raghuram Rajan
Topics:  Uncategorized
BFI Working Paper Dec 1, 2020

Secured Credit Spreads and the Issuance of Secured Debt

Efraim Benmelech, Nitish Kumar, Raghuram Rajan
Topics:  Uncategorized