Rustom M. Irani

University of Illinois at Urbana-Champaign - Department of Finance

Assistant Professor of Finance

College of Business

1206 South Sixth Street

Champaign, IL 61820

United States

http://rirani.web.illinois.edu

Centre for Economic Policy Research (CEPR)

London

United Kingdom

SCHOLARLY PAPERS

11

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Top 20,157

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5,285

TOTAL CITATIONS
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SSRN RANKINGS

Top 2,768

in Total Papers Citations

153

Scholarly Papers (11)

The Rise of Shadow Banking: Evidence from Capital Regulation

Number of pages: 88 Posted: 20 Apr 2018 Last Revised: 29 Feb 2020
University of Illinois at Urbana-Champaign - Department of Finance, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Federal Reserve Bank of Chicago and Imperial College London
Downloads 618 (90,586)
Citation 28

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Shadow Banks; Risk-Based Capital Regulation; Basel III; Interactions Between Banks and NonBanks; Trading by Banks; Distressed Debt

The Rise of Shadow Banking: Evidence from Capital Regulation

FEDS Working Paper No. 2018-39
Number of pages: 56 Posted: 28 Jun 2018 Last Revised: 29 Apr 2020
University of Illinois at Urbana-Champaign - Department of Finance, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Federal Reserve Bank of Chicago and Imperial College London
Downloads 220 (288,997)
Citation 2

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The Rise of Shadow Banking: Evidence from Capital Regulation

CEPR Discussion Paper No. DP12913
Number of pages: 91 Posted: 24 May 2018 Last Revised: 16 Jun 2020
University of Illinois at Urbana-Champaign - Department of Finance, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Federal Reserve Bank of Chicago and Imperial College London
Downloads 2 (1,351,497)
Citation 1
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Basel III, Distressed debt, Interactions between banks and nonbanks, Risk-based capital regulation, Shadow banks, Trading by banks

Do Short-Term Incentives Affect Long-Term Productivity?

European Corporate Governance Institute – Finance Working Paper No. 662/2020
Number of pages: 56 Posted: 01 Jul 2019 Last Revised: 10 Jan 2023
University of Illinois at Urbana-Champaign, Southern Methodist University (SMU) - Finance Department, Boston College - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and The University of Illinois at Urbana-Champaign
Downloads 787 (66,303)
Citation 11

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Productivity, Employment, Labor unions, Investment, Short-termism, Share repurchases

Do Short-Term Incentives Affect Long-Term Productivity?

CEPR Discussion Paper No. DP13894
Number of pages: 46 Posted: 02 Aug 2019
University of Illinois at Urbana-Champaign, Southern Methodist University (SMU) - Finance Department, Boston College - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and The University of Illinois at Urbana-Champaign
Downloads 31 (1,005,611)
Citation 3
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employment, investment, Labor Unions, productivity, Share repurchases, Short-termism

Can Strong Creditors Inhibit Entrepreneurial Activity?

Number of pages: 48 Posted: 12 Jul 2016 Last Revised: 26 Jan 2020
Nuri Ersahin, Rustom M. Irani and Katherine Waldock
Southern Methodist University (SMU) - Finance Department, University of Illinois at Urbana-Champaign - Department of Finance and Columbia Law School
Downloads 445 (136,052)
Citation 10

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Creditor rights; bankruptcy; entrepreneurship; startups; reallocation; churn

Can Strong Creditors Inhibit Entrepreneurial Activity?

US Census Bureau Center for Economic Studies Paper No. CES-WP-16-31
Number of pages: 51 Posted: 14 Jul 2016 Last Revised: 30 Jan 2019
Nuri Ersahin, Rustom M. Irani and Katherine Waldock
Southern Methodist University (SMU) - Finance Department, University of Illinois at Urbana-Champaign - Department of Finance and Columbia Law School
Downloads 162 (383,329)

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Creditor rights; bankruptcy; entrepreneurship; startups; reallocation; churn

4.

Analyst Coverage and Real Earnings Management: Quasi-Experimental Evidence

Journal of Financial and Quantitative Analysis (JFQA), 51 (2), 589-627, 2016
Number of pages: 64 Posted: 26 Nov 2014 Last Revised: 08 Oct 2016
Rustom M. Irani and David Oesch
University of Illinois at Urbana-Champaign - Department of Finance and University of Zurich
Downloads 601 (95,178)
Citation 9

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Analyst Coverage; Real Earnings Management; Accrual Manipulation; Natural Experiment

The Real Effects of Borrower-Based Macroprudential Policy: Evidence from Administrative Household-Level Data

Journal of Monetary Economics, Forthcoming
Number of pages: 16 Posted: 09 Dec 2018 Last Revised: 22 May 2024
Erasmus University, Erasmus University, University of Illinois at Urbana-Champaign - Department of Finance and Imperial College London
Downloads 538 (107,974)
Citation 3

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Macroprudential Policy; Mortgage; Household Leverage; LTV; Solvency-Liquidity Trade-O↵; Consumption Smoothing

Take it to the Limit? The Effects of Household Leverage Caps

CEPR Discussion Paper No. DP13503
Number of pages: 51 Posted: 04 Feb 2019 Last Revised: 29 Jun 2020
Erasmus University, University of Illinois at Urbana-Champaign - Department of Finance, Imperial College London and Erasmus University
Downloads 2 (1,351,497)
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household leverage, Loan-to-value Ratio, macroprudential policy, Residential Mortgages, Solvency vs. Liquidity Tradeoff

6.

Creditor Control Rights and Resource Allocation Within Firms

ECGI - Finance Working Paper No. 484/2017, US Census Bureau Center for Economic Studies Paper No. CES-WP-15-39
Number of pages: 72 Posted: 14 Nov 2015 Last Revised: 04 Nov 2019
Nuri Ersahin, Rustom M. Irani and Hanh Le
Southern Methodist University (SMU) - Finance Department, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Chicago
Downloads 393 (158,667)
Citation 5

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Control Rights; Restructuring; Corporate Governance; Creditors; Covenant Violations

Loan Sales and Bank Liquidity Risk Management: Evidence from a U.S. Credit Register

FEDS Working Paper No. 2015-001, http://dx.doi.org/10.17016/FEDS.2015.001
Number of pages: 68 Posted: 14 Feb 2015
Rustom M. Irani and Ralf Meisenzahl
University of Illinois at Urbana-Champaign - Department of Finance and Federal Reserve Bank of Chicago
Downloads 201 (315,113)
Citation 2

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Bank Risk Management, Financial Crisis, Loan Sales, Wholesale Funding

Loan Sales and Bank Liquidity Management: Evidence from a U.S. Credit Register

Number of pages: 72 Posted: 26 Nov 2014 Last Revised: 29 Jan 2019
Rustom M. Irani and Ralf Meisenzahl
University of Illinois at Urbana-Champaign - Department of Finance and Federal Reserve Bank of Chicago
Downloads 187 (337,134)
Citation 38

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Wholesale Funding; Liquidity Management; Syndicated Loan; Trading by Banks

8.

Monitoring and Corporate Disclosure: Evidence from a Natural Experiment

Journal of Financial Economics (JFE), Vol. 109, No. 2, 2013
Number of pages: 57 Posted: 26 Nov 2014
Rustom M. Irani and David Oesch
University of Illinois at Urbana-Champaign - Department of Finance and University of Zurich
Downloads 328 (193,542)
Citation 14

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Analyst coverage; Corporate governance; Reporting decisions

9.

Financial Constraints and Corporate Disclosure: Evidence from Capital Market Segmentation

Number of pages: 40 Posted: 26 Nov 2014 Last Revised: 11 Dec 2015
Rustom M. Irani and David Oesch
University of Illinois at Urbana-Champaign - Department of Finance and University of Zurich
Downloads 283 (226,287)
Citation 3

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Financial Constraints; Asymmetric Information; Disclosure; Market Segmentation

10.

Does a Larger Menu Increase Appetite? Collateral Eligibility and Bank Risk-Taking

Number of pages: 57 Posted: 05 Nov 2015 Last Revised: 29 Jan 2019
Sjoerd van Bekkum, Marc Gabarro and Rustom M. Irani
Erasmus University, Erasmus University and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 256 (250,526)
Citation 20

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Central Bank Collateral Policy; ECB; Bank Loan Supply; Mortgage Lending; Mortgage-Backed Securities; State Guarantees

11.

Collateral Shocks and Corporate Employment

US Census Bureau Center for Economic Studies Paper No. CES-WP-15-30R
Number of pages: 45 Posted: 02 Oct 2015 Last Revised: 05 Mar 2018
Nuri Ersahin and Rustom M. Irani
Southern Methodist University (SMU) - Finance Department and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 231 (277,206)
Citation 4

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Credit constraints; collateral lending channel; employment; real estate