Raghuram G. Rajan

University of Chicago - Booth School of Business

Eric J. Gleacher Distinguished Service Professor of Finance

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

International Monetary Fund (IMF)

700 19th Street NW

Washington, DC 20431

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

73

DOWNLOADS
Rank 179

SSRN RANKINGS

Top 179

in Total Papers Downloads

52,088

CITATIONS
Rank 12

SSRN RANKINGS

Top 12

in Total Papers Citations

6,830

Scholarly Papers (73)

The Cost of Diversity: The Diversification Discount and Inefficient Investment

CRSP Working Paper No. 463
Number of pages: 79 Posted: 05 Feb 1998
Raghuram G. Rajan, Henri Servaes and Luigi Zingales
University of Chicago - Booth School of Business, London Business School and University of Chicago - Booth School of Business
Downloads 6,350 (685)
Citation 327

Abstract:

The Cost of Diversity: The Diversification Discount and Inefficient Investment

NBER Working Paper No. w6368
Number of pages: 53 Posted: 25 May 2006
Raghuram G. Rajan, Henri Servaes and Luigi Zingales
University of Chicago - Booth School of Business, London Business School and University of Chicago - Booth School of Business
Downloads 81 (247,622)
Citation 327

Abstract:

The Cost of Diversity: The Diversification Discount and Inefficient Investment

Journal of Finance, Vol. 55, No. 1, February 2000
Posted: 11 Apr 2000
Raghuram G. Rajan, Henri Servaes and Luigi Zingales
University of Chicago - Booth School of Business, London Business School and University of Chicago - Booth School of Business

Abstract:

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

CRSP Working Paper No. 476
Number of pages: 51 Posted: 15 Aug 1998
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 4,690 (1,171)
Citation 237

Abstract:

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

NBER Working Paper No. w7430
Number of pages: 55 Posted: 25 Jul 2000
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 154 (153,896)
Citation 237

Abstract:

3.
Downloads 3,864 ( 1,640)
Citation 194

Power in a Theory of the Firm

Number of pages: 45 Posted: 31 Mar 1997
Luigi Zingales and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3,788 (1,672)
Citation 193

Abstract:

Power in a Theory of the Firm

NBER Working Paper No. w6274
Number of pages: 47 Posted: 17 Jul 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 76 (257,318)
Citation 194

Abstract:

4.
Downloads 3,264 ( 2,237)
Citation 168

A Theory of Bank Capital

Number of pages: 53 Posted: 09 Jun 1999
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3,118 (2,372)
Citation 168

Abstract:

A Theory of Bank Capital

NBER Working Paper No. w7431
Number of pages: 58 Posted: 25 May 2006
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 146 (161,168)
Citation 168

Abstract:

5.
Downloads 3,119 ( 2,433)
Citation 101

What Determines Firm Size?

CRSP Working Paper No. 496; and USC Finance & Business Econ. Working Paper No. 01-1
Number of pages: 54 Posted: 03 Sep 1999
Raghuram G. Rajan, Luigi Zingales and Krishna B. Kumar
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Southern California
Downloads 2,971 (2,590)
Citation 101

Abstract:

What Determines Firm Size?

NBER Working Paper No. w7208
Number of pages: 54 Posted: 10 Jun 2000
Krishna B. Kumar, Raghuram G. Rajan and Luigi Zingales
University of Southern California, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 148 (159,312)
Citation 101

Abstract:

6.

Which Capitalism? Lessons from the East Asian Crisis

Journal of Applied Corporate Finance, Vol. 11, No. 3, Fall 1998
Number of pages: 18 Posted: 29 Oct 1998
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 2,175 (4,350)
Citation 91

Abstract:

Banks and Markets: The Changing Character of European Finance

CRSP Working Paper No. 546
Number of pages: 77 Posted: 23 Apr 2003
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,973 (5,278)
Citation 68

Abstract:

Banks and Markets: The Changing Character of European Finance

NBER Working Paper No. w9595
Number of pages: 78 Posted: 27 Mar 2003
Luigi Zingales and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 99 (217,014)
Citation 68

Abstract:

Banks and Markets: The Changing Character of European Finance

CEPR Discussion Paper No. 3865
Number of pages: 79 Posted: 24 Jun 2003
Luigi Zingales and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 38 (360,299)
Citation 68
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Abstract:

Finance development, financial markets, banking system

The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms

Number of pages: 62 Posted: 16 Nov 1998
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,726 (6,680)
Citation 113

Abstract:

The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms

NBER Working Paper No. w7546
Number of pages: 63 Posted: 21 Jun 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 73 (263,594)
Citation 113

Abstract:

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

3rd Annual Fin. Mkt. Dev. Conference, Hong Kong 2001; AFA 2001 New Orleans Meetings; CRSP Working Paper No. 526
Number of pages: 71 Posted: 22 Jul 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,612 (7,551)
Citation 481

Abstract:

Corporate Governance, Economic Growth

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

NBER Working Paper No. w8178
Number of pages: 63 Posted: 29 Sep 2006
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 104 (209,650)
Citation 481

Abstract:

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

CEPR Discussion Paper No. 2783
Number of pages: 79 Posted: 03 May 2001
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 33 (379,524)
Citation 481
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Abstract:

Financial development, history of equity market, political economy

10.
Downloads 1,366 ( 10,084)
Citation 27

The Internal Governance of Firms

ECGI - Finance Working Paper No. 239/2009
Number of pages: 58 Posted: 28 Feb 2009 Last Revised: 09 Aug 2010
Viral V. Acharya, Stewart C. Myers and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 949 (17,459)
Citation 27

Abstract:

Agency theory, short-termism, corporate governance, dividends, internal organization

The Internal Governance of Firms

NYU Working Paper No. FIN-08-033
Number of pages: 58 Posted: 09 Mar 2009 Last Revised: 09 Aug 2010
Viral V. Acharya, Stewart C. Myers and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 224 (108,290)
Citation 27

Abstract:

The Internal Governance of Firms

Number of pages: 45 Posted: 20 Dec 2009
Viral V. Acharya, Stewart C. Myers and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 153 (154,705)
Citation 27

Abstract:

governance, internal

The Internal Governance of Firms

NBER Working Paper No. w15568
Number of pages: 48 Posted: 08 Dec 2009
Viral V. Acharya, Stewart C. Myers and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 37 (364,091)
Citation 27

Abstract:

The Internal Governance of Firms

CEPR Discussion Paper No. DP7210
Number of pages: 48 Posted: 07 Apr 2009
Viral V. Acharya, Stewart C. Myers and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 3 (537,940)
Citation 27
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Abstract:

Agency theory, Corporate governance, Dividends, Internal organization, Short-termism

11.
Downloads 1,272 ( 11,319)
Citation 4

The Corporation in Finance

Chicago Booth Research Paper No. 12-02, Fama-Miller Working Paper, IGM Working Paper No. 69
Number of pages: 67 Posted: 13 Jan 2012 Last Revised: 23 Mar 2012
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 1,221 (11,825)
Citation 4

Abstract:

The Corporation in Finance

NBER Working Paper No. w17760
Number of pages: 66 Posted: 21 Jan 2012
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 51 (318,125)
Citation 4

Abstract:

The Influence of the Financial Revolution on the Nature of Firms

CRSP Working Paper No. 525
Number of pages: 13 Posted: 12 Feb 2001
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,078 (14,355)
Citation 31

Abstract:

The Influence of the Financial Revolution on the Nature of Firms

NBER Working Paper No. w8177
Number of pages: 14 Posted: 24 Mar 2001
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 70 (270,127)
Citation 31

Abstract:

The Influence of the Financial Revolution on the Nature of Firms

CEPR Discussion Paper No. 2782
Number of pages: 17 Posted: 10 May 2001
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 31 (387,757)
Citation 31
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Abstract:

Corporate governance, financial revolution, theory of the firm

Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

CRSP Working Paper No. 518
Number of pages: 41 Posted: 31 Aug 2000
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 898 (18,949)
Citation 40

Abstract:

Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

NBER Working Paper No. w7764
Number of pages: 41 Posted: 18 Jul 2000
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 87 (236,655)
Citation 40

Abstract:

Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks

Harvard Institute Research Working Paper No. 1976; Kellogg School of Management Working Paper No. 288
Number of pages: 51 Posted: 26 Dec 2001
University of South Carolina - Darla Moore School of Business, U.S. Department of Justice, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 859 (20,247)
Citation 290

Abstract:

Functional form, organizational structure, distance, banking, soft information, hard information

Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks

NBER Working Paper No. w8752
Number of pages: 51 Posted: 02 Feb 2002
University of South Carolina - Darla Moore School of Business, U.S. Department of Justice, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 63 (286,292)
Citation 290

Abstract:

Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 17 Nov 2009
University of South Carolina - Darla Moore School of Business, affiliation not provided to SSRN, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and affiliation not provided to SSRN

Abstract:

FDIC Summary of Deposits, FDIC Consolidated Reports of Condition & Income, Survey of Small Business Finances (Federal Reserve Board), Banking industry, Bank loans, Banks, Credit, Startups, Credit discrimination, Information assessment, Lending policies, Public policies

Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking

Number of pages: 52 Posted: 13 Apr 1999
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 786 (23,109)
Citation 152

Abstract:

Banks as Liquidity Providers: an Explanation for the Co-Existence of Lending and Deposit-Taking

NBER Working Paper No. w6962
Number of pages: 54 Posted: 23 Mar 1999
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 81 (247,622)
Citation 152

Abstract:

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

NBER Working Paper No. w4875
Number of pages: 54 Posted: 10 Jun 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 833 (21,199)
Citation 789

Abstract:

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

Posted: 05 Sep 1994
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

Abstract:

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

JOURNAL OF FINANCE, Vol. 50 No. 5, December 1995
Posted: 10 Nov 1995
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

Abstract:

Does Distance Still Matter? The Information Revolution in Small Business Lending

Eleventh Annual Utah Winter Conference
Number of pages: 52 Posted: 26 Apr 2000
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 747 (24,877)
Citation 304

Abstract:

Does Distance Still Matter? The Information Revolution in Small Business Lending

NBER Working Paper No. w7685
Number of pages: 63 Posted: 25 May 2006
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 72 (265,729)
Citation 304

Abstract:

Does Distance Still Matter? The Information Revolution in Small Business Lending

Journal of Finance, Vol. 57, pp. 2533-2570, 2002
Posted: 17 May 2003
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business

Abstract:

18.
Downloads 675 ( 29,103)
Citation 114

Liquidity Shortages and Banking Crises

Number of pages: 43 Posted: 02 Jan 2004
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 591 (34,321)
Citation 114

Abstract:

Liquidity, Crises, Banking

Liquidity Shortages and Banking Crises

NBER Working Paper No. w8937
Number of pages: 55 Posted: 07 Nov 2003
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 46 (333,278)
Citation 114

Abstract:

Liquidity Shortages and Banking Crises

NBER Working Paper No. w10071
Number of pages: 44 Posted: 08 Jan 2012
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 38 (360,299)
Citation 113

Abstract:

19.

Financial Dependence and Growth

NBER Working Paper No. w5758
Number of pages: 48 Posted: 05 Nov 1996
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 673 (22,538)
Citation 1,001

Abstract:

20.
Downloads 618 ( 32,845)
Citation 50

Money in a Theory of Banking

Number of pages: 49 Posted: 15 Dec 2003
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 535 (39,226)
Citation 50

Abstract:

Liquidity, Money, Monetary Policy, Banking

Money in a Theory of Banking

NBER Working Paper No. w10070
Number of pages: 47 Posted: 22 Feb 2005
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 83 (243,851)
Citation 50

Abstract:

21.

Has Financial Development Made the World Riskier?

NBER Working Paper No. w11728
Number of pages: 45 Posted: 25 Jan 2006
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 574 (36,219)
Citation 165

Abstract:

The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies

Review of Economics and Statistics, Forthcoming
Number of pages: 50 Posted: 07 May 2003
Raghuram G. Rajan and Julie Wulf
University of Chicago - Booth School of Business and Harvard Business School
Downloads 462 (47,289)
Citation 91

Abstract:

firm, hierarchy, span of control

The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies

NBER Working Paper No. w9633
Number of pages: 55 Posted: 19 Apr 2003
Raghuram G. Rajan and Julie Wulf
University of Chicago - Booth School of Business and Harvard Business School
Downloads 98 (218,531)
Citation 91

Abstract:

23.

Income Inequality and the Financial Crisis

46th Annual AREUEA Conference Paper
Number of pages: 1 Posted: 01 Dec 2010
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics, University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Department of Economics and Harvard University - John F. Kennedy School of Government, Department of Economics
Downloads 518 (32,222)

Abstract:

24.
Downloads 512 ( 42,007)
Citation 16

Trade Credit Contracts

Number of pages: 36 Posted: 25 May 2010
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 288 (82,893)
Citation 16

Abstract:

Trade Credit, Capital Structure, Contract Theory, Risk Management

Trade Credit Contracts

World Bank Policy Research Working Paper No. 5328
Number of pages: 34 Posted: 20 Apr 2016
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 112 (198,556)
Citation 16

Abstract:

Debt Markets, Access to Finance, Bankruptcy and Resolution of Financial Distress, Markets and Market Access, Investment and Investment Climate

Trade Credit Contracts

World Bank Policy Research Working Paper No. 5726
Number of pages: 40 Posted: 20 Apr 2016
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 92 (228,240)
Citation 16

Abstract:

Debt Markets, Access to Finance, Investment and Investment Climate, Bankruptcy and Resolution of Financial Distress, Economic Theory & Research

Trade Credit Contracts

NBER Working Paper No. w17146
Number of pages: 44 Posted: 20 Jun 2011
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 20 (444,541)
Citation 16

Abstract:

Business Environment and Firm Entry: Evidence from International Data

World Bank Working Paper No. 3232
Number of pages: 64 Posted: 23 Jun 2004
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 433 (51,293)
Citation 39

Abstract:

Entry, Regulations

Business Environment and Firm Entry: Evidence from International Data

NBER Working Paper No. w10380
Number of pages: 61 Posted: 01 Apr 2004
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 51 (318,125)
Citation 39

Abstract:

Business Environment and Firm Entry: Evidence from International Data

CEPR Discussion Paper No. 4366
Number of pages: 63 Posted: 26 May 2004
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 20 (444,541)
Citation 39
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Abstract:

Business entry, regulation

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

NBER Working Paper No. w11513
Number of pages: 49 Posted: 31 Jul 2006
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 339 (68,865)
Citation 124

Abstract:

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

IMF Working Paper No. 05/127
Number of pages: 49 Posted: 03 Mar 2006
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 148 (159,312)
Citation 124

Abstract:

Aid and Growth, Cross-Sectional and Panel data

27.

The Tyranny of the Inefficient: An Enquiry into the Adverse Consequences of Power Struggles

NBER W.P. #5396
Number of pages: 36 Posted: 17 Jun 1998
Luigi Zingales and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 473 (44,004)
Citation 42

Abstract:

28.
Downloads 447 ( 49,894)
Citation 41

The Tyranny of Inequality

CRSP Working Paper No. 423
Number of pages: 53 Posted: 18 Apr 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 405 (55,705)
Citation 26

Abstract:

The Tyranny of Inequality

NBER Working Paper No. w5396
Number of pages: 40 Posted: 11 Jun 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 42 (346,291)
Citation 41

Abstract:

The Tyranny of Inequality

Journal of Public Economics, Vol. 76, No. 3, Pp. 521-558, June 2000
Posted: 06 Jan 2001
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

Abstract:

The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s

American Economic Review, Forthcoming, FEDS Working Paper No. 2012-62
Number of pages: 60 Posted: 30 Dec 2012 Last Revised: 20 Oct 2015
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 415 (54,060)
Citation 6

Abstract:

Consumer Credit, banking, land prices

The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s

NBER Working Paper No. w18027
Number of pages: 61 Posted: 28 Apr 2012
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 19 (450,411)
Citation 6

Abstract:

30.
Downloads 433 ( 51,828)
Citation 85

What Undermines Aid`s Impact on Growth?

IMF Working Paper No. 05/126
Number of pages: 55 Posted: 03 Mar 2006
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 333 (70,300)
Citation 85

Abstract:

Aid, Growth, Competitiveness

What Undermines Aid's Impact on Growth?

NBER Working Paper No. w11657
Number of pages: 57 Posted: 31 Jul 2006
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 100 (215,518)
Citation 85

Abstract:

Organization Structure and Credibility: Evidence from Commercial Bank Securities Activities before the Glass-Steagall Act

Number of pages: 45 Posted: 07 Dec 1997
Randall S. Kroszner and Raghuram G. Rajan
Booth School of Business, University of Chicago and University of Chicago - Booth School of Business
Downloads 368 (62,404)
Citation 48

Abstract:

Organization Structure and Credibility: Evidence from Commercial Bank Securities Activities Before the Glass-Steagall Act

NBER Working Paper No. w5256
Number of pages: 55 Posted: 19 Jul 2000
Randall S. Kroszner and Raghuram G. Rajan
Booth School of Business, University of Chicago and University of Chicago - Booth School of Business
Downloads 52 (315,152)
Citation 48

Abstract:

Organization Structure and Credibility: Evidence from Commercial Bank Securities Activities before the Glass-Steagall Act

Journal of Monetary Economics, Vol. 39, No. 4 (1997).
Posted: 09 May 1998
Randall S. Kroszner and Raghuram G. Rajan
Booth School of Business, University of Chicago and University of Chicago - Booth School of Business

Abstract:

32.

The Credit Crisis: Conjectures About Causes and Remedies

NBER Working Paper No. w14739
Number of pages: 15 Posted: 21 Feb 2009
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 404 (46,327)
Citation 82

Abstract:

Sovereign Debt, Government Myopia, and the Financial Sector

NYU Working Paper No. 2451/31365
Number of pages: 52 Posted: 15 Dec 2011 Last Revised: 10 Sep 2013
Viral V. Acharya and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
Downloads 340 (68,629)
Citation 4

Abstract:

Sovereign Debt, Government Myopia, and the Financial Sector

NBER Working Paper No. w17542
Number of pages: 63 Posted: 29 Oct 2011
Viral V. Acharya and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
Downloads 33 (379,524)
Citation 4

Abstract:

Sovereign Debt, Government Myopia, and the Financial Sector

CEPR Discussion Paper No. DP8668
Number of pages: 55 Posted: 24 Nov 2011
Viral V. Acharya and Raghuram G. Rajan
New York University - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
Downloads 6 (522,985)
Citation 4
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Abstract:

ability to pay, political economy, sovereign default, willingness to pay

34.
Downloads 375 ( 61,659)
Citation 94

Foreign Capital and Economic Growth

IZA Discussion Paper No. 3186
Number of pages: 65 Posted: 04 Dec 2007
Eswar S. Prasad, Raghuram G. Rajan and Arvind Subramanian
Cornell University - Dyson School of Applied Economics and Management, University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 317 (74,412)
Citation 94

Abstract:

North-South capital flows, financial globalization

Foreign Capital and Economic Growth

NBER Working Paper No. w13619
Number of pages: 64 Posted: 29 Nov 2007
Eswar S. Prasad, Raghuram G. Rajan and Arvind Subramanian
Cornell University - Dyson School of Applied Economics and Management, University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 58 (298,716)
Citation 94

Abstract:

35.
Downloads 371 ( 62,403)
Citation 73

Fear of Fire Sales and the Credit Freeze

BIS Working Paper No. 305
Number of pages: 41 Posted: 05 May 2010
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 222 (109,246)
Citation 73

Abstract:

Fire sales, illiquid securities, bank fragility, prudential policy

Fear of Fire Sales and the Credit Freeze

NBER Working Paper No. w14925
Number of pages: 41 Posted: 29 Apr 2009
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 149 (158,385)
Citation 73

Abstract:

36.

The Persistence of Underdevelopment: Institutions, Human Capital, or Constituencies?

CRSP Working Paper No. 613
Number of pages: 64 Posted: 04 Sep 2006
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 350 (64,867)
Citation 18

Abstract:

37.

India's Pattern of Development: What Happened, What Follows?

IMF Working Paper No. 06/22
Number of pages: 70 Posted: 03 Mar 2006
International Monetary Fund (IMF), University of Chicago - Booth School of Business, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 294 (70,577)
Citation 42

Abstract:

Manufacturing, Services, Diversification, Decentralization, Liberalization, Labor Intensity, Skill Intensity, Scale

38.

Modernizing China's Growth Paradigm

IZA Discussion Paper No. 2248
Number of pages: 16 Posted: 05 Sep 2006
Eswar S. Prasad and Raghuram G. Rajan
Cornell University - Dyson School of Applied Economics and Management and University of Chicago - Booth School of Business
Downloads 278 (71,615)
Citation 10

Abstract:

policy reforms, market-oriented economy, trade and financial integration

39.
Downloads 252 ( 96,389)

Trade Credit: Theories and Evidence

NBER Working Paper No. w5602
Number of pages: 42 Posted: 11 Jun 2000
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 252 (95,907)
Citation 195

Abstract:

Trade Credit: Theories and Evidence

Posted: 22 Aug 1998
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business

Abstract:

The Persistence of Underdevelopment: Constituencies and Competitive Rent Preservation

ECGI Finance Working Paper No. 150/2007
Number of pages: 61 Posted: 05 Apr 2007
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 196 (123,504)
Citation 26

Abstract:

Underdevelopment, persistence, factor endowment, constituency

Competitive Rent Preservation, Reform Paralysis, and the Persistence of Underdevelopment

NBER Working Paper No. w12093
Number of pages: 62 Posted: 14 May 2006
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 47 (330,252)
Citation 28

Abstract:

Landed Interests and Financial Underdevelopment in the United States

Chicago GSB Research Paper No. 08-12, U of Chicago GSB Working Paper No. 21
Number of pages: 55 Posted: 11 Sep 2008
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 202 (119,995)
Citation 1

Abstract:

Landed Interests and Financial Underdevelopment in the United States

NBER Working Paper No. w14347
Number of pages: 54 Posted: 23 Sep 2008
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 29 (396,859)
Citation 1

Abstract:

Constituencies and Legislation: The Fight Over the McFadden Act of 1927

Forthcoming Management Science , FEDS Working Paper No. 2012-61
Number of pages: 43 Posted: 30 Dec 2012 Last Revised: 20 Oct 2015
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 115 (194,755)
Citation 1

Abstract:

Competition, banking, legislation

Constituencies and Legislation: The Fight Over the McFadden Act of 1927

Chicago Working Paper No. 64, Chicago Booth Research Paper No. 11-21
Number of pages: 48 Posted: 21 Jul 2011 Last Revised: 23 Mar 2012
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 75 (259,312)
Citation 1

Abstract:

Bank branching, McFadden, political economy

Constituencies and Legislation: The Fight Over the Mcfadden Act of 1927

NBER Working Paper No. w17266
Number of pages: 48 Posted: 06 Aug 2011
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 31 (387,757)
Citation 1

Abstract:

43.

The Governance of the New Enterprise

NBER Working Paper No. w7958
Number of pages: 45 Posted: 11 Oct 2000
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 193 (116,452)
Citation 83

Abstract:

44.
Downloads 177 (136,013)
Citation 27

A Pragmatic Approach to Capital Account Liberalization

IZA Working Paper No. 3475
Number of pages: 37 Posted: 23 May 2008
Eswar S. Prasad and Raghuram G. Rajan
Cornell University - Dyson School of Applied Economics and Management and University of Chicago - Booth School of Business
Downloads 122 (186,150)
Citation 27

Abstract:

capital account liberalization, capital controls, collateral benefits, thresholds

A Pragmatic Approach to Capital Account Liberalization

NBER Working Paper No. w14051
Number of pages: 36 Posted: 09 Jun 2008
Eswar S. Prasad and Raghuram G. Rajan
Cornell University - Dyson School of Applied Economics and Management and University of Chicago - Booth School of Business
Downloads 55 (306,718)
Citation 27

Abstract:

45.

The Effect of Credit Market Competition on Lending Relationships

NBER Working Paper No. w4921
Number of pages: 53 Posted: 23 Aug 2000
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 177 (110,651)
Citation 428

Abstract:

46.

Controlled Capital Account Liberalization: A Propasal

IMF Policy Discussion Paper No. 05/7
Number of pages: 17 Posted: 29 Jul 2010
Eswar S. Prasad and Raghuram G. Rajan
Cornell University - Dyson School of Applied Economics and Management and University of Chicago - Booth School of Business
Downloads 160 (137,392)
Citation 11

Abstract:

Capital inflows, foreign exchange reserves, closed-end mutual fund, international portfolio diversification

47.

Local Financial Capacity and Asset Values: Evidence from Bank Failures

Journal of Financial Economics (JFE), Forthcoming, FEDS Working Paper No. 2014-67
Number of pages: 64 Posted: 09 Oct 2014 Last Revised: 29 Jan 2015
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 148 (67,785)

Abstract:

Bank failures, liquidity, fire sales

48.

The Paradox of Liquidity

NBER Working Paper No. w5143
Number of pages: 45 Posted: 13 Jun 2000
Stewart C. Myers and Raghuram G. Rajan
Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 139 (167,428)
Citation 131

Abstract:

49.

Failed States, Vicious Cycles, and a Proposal

Center for Global Development Working Paper No. 243
Number of pages: 14 Posted: 27 Apr 2011
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 118 (138,114)
Citation 1

Abstract:

failed states, institutions, economic power, human capital, governmental accountability

50.

The Emergence of Strong Property Rights: Speculation from History

NBER Working Paper No. w9478
Number of pages: 37 Posted: 02 Feb 2003
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 95 (204,300)
Citation 4

Abstract:

51.

Are Perks Purely Managerial Excess?

NBER Working Paper No. w10494
Number of pages: 43 Posted: 28 May 2004
Raghuram G. Rajan and Julie Wulf
University of Chicago - Booth School of Business and Harvard Business School
Downloads 87 (217,213)
Citation 49

Abstract:

52.

Financing Capacity and Fire Sales: Evidence from Bank Failures

Number of pages: 44 Posted: 19 Nov 2013
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 81 (147,923)
Citation 1

Abstract:

53.

Dollar Shortages and Crises

NBER Working Paper No. w10845
Number of pages: 44 Posted: 27 Oct 2004
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 76 (239,921)
Citation 8

Abstract:

54.

The Persistence of Underdevelopment: Institutions, Human Capital or Constituencies

CEPR Discussion Paper No. 5867
Number of pages: 67 Posted: 20 Dec 2006
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 65 (278,192)
Citation 18
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Abstract:

Human capital, institutions

55.

Illiquidity and Interest Rate Policy

NBER Working Paper No. w15197
Number of pages: 47 Posted: 04 Aug 2009
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 55 (273,673)
Citation 27

Abstract:

56.

India's Patterns of Development: What Happened, What Follows

NBER Working Paper No. w12023
Number of pages: 65 Posted: 27 Apr 2006
International Monetary Fund (IMF), Asian Development Bank, University of Chicago - Booth School of Business, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 51 (278,192)
Citation 39

Abstract:

57.

Illiquid Banks, Financial Stability, and Interest Rate Policy

NBER Working Paper No. w16994
Number of pages: 52 Posted: 02 May 2011
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 50 (285,170)
Citation 6

Abstract:

58.

Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century

NBER Working Paper No. w15083
Number of pages: 67 Posted: 20 Jun 2009
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 44 (280,460)
Citation 7

Abstract:

59.

Has Finance Made the World Riskier?

European Financial Management, Vol. 12, No. 4, pp. 499-533, September 2006
Number of pages: 35 Posted: 11 Aug 2006
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 23 (414,578)
Citation 152
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Abstract:

60.
Downloads 23 (386,665)

The Real Effect of Banking Crises

CEPR Discussion Paper No. 5088
Number of pages: 49 Posted: 12 Oct 2005
Giovanni Dell'Ariccia, Enrica Detragiache and Raghuram G. Rajan
International Monetary Fund (IMF) - Research Department, International Monetary Fund (IMF) - European Department and University of Chicago - Booth School of Business
Downloads 23 (427,614)
Citation 2
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Abstract:

Banking crises, bank lending channel

The Real Effect of Banking Crises

IMF Working Paper No. 05/63
Posted: 06 May 2005
Raghuram G. Rajan, Enrica Detragiache and Giovanni Dell'Ariccia
University of Chicago - Booth School of Business, International Monetary Fund (IMF) - European Department and International Monetary Fund (IMF) - Research Department

Abstract:

61.

The Squam Lake Report: Fixing the Financial System

Journal of Applied Corporate Finance, Vol. 22, Issue 3, pp. 8-21, Summer 2010
Number of pages: 16 Posted: 04 Oct 2010
Tuck School of Business at Dartmouth, Institute for International Economics, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, University of Chicago - Booth School of Business, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Bank for International Settlements, Tuck School of Business at Dartmouth, Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 7 (495,380)
Citation 19
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Abstract:

62.

The Contributions of Stewart Myers to the Theory and Practice of Corporate Finance

Journal of Applied Corporate Finance, Vol. 20, No. 4, pp. 8-19, Fall 2008
Number of pages: 14 Posted: 18 Dec 2008
University of Pennsylvania - Finance Department, London School of Economics, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 7 (495,380)
Citation 3
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Abstract:

63.

Pledgeability, Industry Liquidity, and Financing Cycles

NBER Working Paper No. w23055
Number of pages: 42 Posted: 17 Jan 2017
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of Chicago and University of Chicago - Booth School of Business
Downloads 0 (460,528)
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Abstract:

64.

Crises and the Development of Economic Institutions: Some Microeconomic Evidence

American Economic Review, Forthcoming
Number of pages: 8 Posted: 08 Feb 2016
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Price School of Public Policy
Downloads 0 (16,907)

Abstract:

financial crises, banking

65.

Aid, Dutch Disease and Manufacturing Growth

Center for Global Development Working Paper No. 196
Posted: 26 Jan 2010
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)

Abstract:

Manufacturing, Economic Development, Dutch Disease, CGD, Center for Global Development

66.

The Benefits of Lending Relationships: Evidence from Small Business Data

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 17 Nov 2009
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business

Abstract:

Debt financing, Access to capital, Institutional alliances, Lending policies, Debt capital, Credit, Banking industry

67.

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

Journal of Finance, Vol. 57, pp. 33-73, 2002
Posted: 15 Nov 2003
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics

Abstract:

68.

Financial Systems, Industrial Structure, and Growth

Oxford Review of Economic Policy, Vol. 17, No. 4, Winter 2001
Posted: 07 Oct 2003
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

Abstract:

69.

The Paradox Of Liquidity

Posted: 29 Aug 1998
Stewart C. Meyers and Raghuram G. Rajan
Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business

Abstract:

70.

Commercial Bank Securities Activities before the Glass-Steagall Act

Journal of Monetary Economics, Vol. 39, 1997
Posted: 25 Apr 1998
Randall S. Kroszner and Raghuram G. Rajan
Booth School of Business, University of Chicago and University of Chicago - Booth School of Business

Abstract:

71.

The Past and Future of Commercial Banking Viewed Through an Incomplete Contract Lens

Journal of Money, Credit and Banking, Vol. 30, No. 3, Part 2 (August 1998)
Posted: 06 Apr 1998
Raghuram G. Rajan
University of Chicago - Booth School of Business

Abstract:

72.

Analyst Following of Initial Public Offerings

J. OF FINANCE, Vol. 50 No. 2, June 1997
Posted: 31 Mar 1997
Raghuram G. Rajan and Henri Servaes
University of Chicago - Booth School of Business and London Business School

Abstract:

Covenants and Collateral as Incentives to Monitor

JOURNAL OF FINANCE, Vol. 50 No. 4, September 1995
Posted: 13 Oct 1995
Raghuram G. Rajan and Andrew Winton
University of Chicago - Booth School of Business and University of Minnesota - Twin Cities - Carlson School of Management

Abstract:

Covenants and Collateral as Incentives to Monitor

Posted: 19 Sep 1994
Raghuram G. Rajan and Andrew Winton
University of Chicago - Booth School of Business and University of Minnesota - Twin Cities - Carlson School of Management

Abstract: