EducationB.Tech. (electrical engineering), Indian Institute of Technology, Delhi, 1985; M.B.A., Indian Institute of Management, Ahmedabad, 1987; Ph.D., Massachusetts Institute of Technology, 1991.
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Research ActivitiesCorporate finance; theory of organizations; financial intermediation and regulation.View unrestricted researchView restricted research (login required)
Selected PublicationsWith Leora Klapper and Luc Laeven, "Entry Regulation as a Barrier to Entrepreneurship," Journal of Financial Economics (forthcoming). With Julie Wulf, "The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies," Review of Economics and Statistics (forthcoming). With Kalpana Kochhar, Utsav Kumar, Arvind Subramanian, and Ioannis Tokatlidis, "India's Pattern of Development: What Happened, What Follows?," Journal of Monetary Economics (2006). With Douglas Diamond, "Money in a Theory of Banking" American Economic Review (2006).
Related ExperienceEconomic Counselor and Director of Research, International Monetary Fund, 2003-present. Fischer Black Visiting Professor, MIT, 2000-01. Visiting Professor, Northwestern University, 1996-97. Bertil Daniellson Visiting Professor of Banking and Finance, Stockholm School of Economics, 1996-97. Officer, Tata Administrative Service (Tata Finance), 1987.
Other InterestsTennis, squash, history, Indian politics.