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

89

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Rank 431

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Top 431

in Total Papers Downloads

74,414

SSRN CITATIONS
Rank 23

SSRN RANKINGS

Top 23

in Total Papers Citations

7,017

CROSSREF CITATIONS

8,120

Scholarly Papers (89)

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 6,648 (2,014)
Citation 135

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The Cost of Diversity: The Diversification Discount and Inefficient Investment

NBER Working Paper No. w6368
Number of pages: 53 Posted: 25 May 2006 Last Revised: 29 Nov 2022
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 166 (320,441)

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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

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

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 5,497 (2,769)
Citation 267

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

NBER Working Paper No. w7430
Number of pages: 55 Posted: 25 Jul 2000 Last Revised: 26 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 284 (192,392)
Citation 4

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3.
Downloads 4,324 ( 4,239)
Citation 79

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 4,068 (4,613)
Citation 38

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Power in a Theory of the Firm

NBER Working Paper No. w6274
Number of pages: 47 Posted: 17 Jul 2000 Last Revised: 25 Aug 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 256 (213,810)
Citation 13

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4.
Downloads 4,005 ( 4,825)
Citation 43

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 3,662 (5,529)
Citation 6

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What Determines Firm Size?

NBER Working Paper No. w7208
Number of pages: 54 Posted: 10 Jun 2000 Last Revised: 12 Sep 2022
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 343 (157,243)
Citation 4

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5.
Downloads 3,918 ( 4,998)
Citation 386

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 3,587 (5,699)
Citation 22

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A Theory of Bank Capital

NBER Working Paper No. w7431
Number of pages: 58 Posted: 25 May 2006 Last Revised: 26 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 331 (163,459)
Citation 57

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6.
Downloads 3,296 ( 6,674)
Citation 13

Kill Zone

Number of pages: 55 Posted: 17 Mar 2020 Last Revised: 16 Feb 2021
Sai Krishna Kamepalli, Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3,197 (6,903)
Citation 2

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Digital platforms, Acquisitions, Kill Zone

Kill Zone

NBER Working Paper No. w27146
Number of pages: 42 Posted: 18 May 2020 Last Revised: 05 Mar 2023
Sai Krishna Kamepalli, Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 99 (480,760)
Citation 5

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Kill Zone

CEPR Discussion Paper No. DP14709
Number of pages: 58 Posted: 08 May 2020 Last Revised: 01 Mar 2021
Sai Krishna Kamepalli, Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 0
Citation 5
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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 2,162 (12,752)
Citation 24

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Banks and Markets: The Changing Character of European Finance

NBER Working Paper No. w9595
Number of pages: 78 Posted: 27 Mar 2003 Last Revised: 21 Sep 2022
Luigi Zingales and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 187 (288,233)

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Banks and Markets: The Changing Character of European Finance

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 (793,333)
Citation 2
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Finance development, financial markets, banking system

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 1,795 (17,160)
Citation 49

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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 Last Revised: 08 May 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 166 (320,441)
Citation 44

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

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 (833,838)
Citation 351
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Financial development, history of equity market, political economy

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 1,856 (16,277)
Citation 5

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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 Last Revised: 15 Aug 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 138 (373,720)
Citation 31

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10.

Financial Dependence and Growth

NBER Working Paper No. w5758
Number of pages: 48 Posted: 05 Nov 1996 Last Revised: 26 Sep 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,963 (15,183)
Citation 496

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Downloads 1,826 (17,029)
Citation 47

The Internal Governance of Firms

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 239/2009
Number of pages: 64 Posted: 28 Feb 2009 Last Revised: 30 Nov 2018
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 1,287 (28,519)
Citation 48

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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
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 266 (205,675)

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The Internal Governance of Firms

Number of pages: 45 Posted: 20 Dec 2009
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 205 (264,976)

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governance, internal

The Internal Governance of Firms

NBER Working Paper No. w15568
Number of pages: 48 Posted: 08 Dec 2009 Last Revised: 15 Jan 2023
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 64 (626,551)

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The Internal Governance of Firms

CEPR Discussion Paper No. DP7210
Number of pages: 48 Posted: 07 Apr 2009
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 4 (1,113,909)
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Agency theory, Corporate governance, Dividends, Internal organization, Short-termism

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 Last Revised: 29 Oct 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,646 (19,619)
Citation 346

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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

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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

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13.
Downloads 1,623 (20,389)
Citation 6

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 1,530 (21,977)
Citation 1

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The Corporation in Finance

NBER Working Paper No. w17760
Number of pages: 66 Posted: 21 Jan 2012 Last Revised: 13 Jul 2023
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 93 (501,446)

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14.

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, Marshall School of Business
Downloads 1,456 (24,079)
Citation 4

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financial crises, banking

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 1,180 (32,295)
Citation 4

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The Influence of the Financial Revolution on the Nature of Firms

NBER Working Paper No. w8177
Number of pages: 14 Posted: 24 Mar 2001 Last Revised: 06 Nov 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 103 (467,374)

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The Influence of the Financial Revolution on the Nature of Firms

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 (850,930)
Citation 6
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Corporate governance, financial revolution, theory of the firm

What Purpose Do Corporations Purport? Evidence from Letters to Shareholders

European Corporate Governance Institute – Finance Working Paper No. 904/2023, George J. Stigler Center for the Study of the Economy & the State Working Paper No. 314
Number of pages: 86 Posted: 29 Mar 2022 Last Revised: 22 Jan 2024
Raghuram G. Rajan, Pietro Ramella and Luigi Zingales
University of Chicago - Booth School of Business, affiliation not provided to SSRN and University of Chicago - Booth School of Business
Downloads 988 (41,561)

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What Purpose Do Corporations Purport? Evidence from Letters to Shareholders

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-44
Number of pages: 61 Posted: 31 Mar 2023
Raghuram G. Rajan, Pietro Ramella and Luigi Zingales
University of Chicago - Booth School of Business, University of Chicago and University of Chicago - Booth School of Business
Downloads 163 (325,575)

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What Purpose Do Corporations Purport? Evidence from Letters to Shareholders

NBER Working Paper No. w31054
Number of pages: 61 Posted: 27 Mar 2023 Last Revised: 08 May 2023
Raghuram G. Rajan, Pietro Ramella and Luigi Zingales
University of Chicago - Booth School of Business, University of Chicago and University of Chicago - Booth School of Business
Downloads 15 (1,008,984)
Citation 1
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Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

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 1,003 (40,674)
Citation 12

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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 Last Revised: 19 Sep 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 146 (357,205)
Citation 1

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18.

Has Financial Development Made the World Riskier?

NBER Working Paper No. w11728
Number of pages: 45 Posted: 25 Jan 2006 Last Revised: 20 Jul 2022
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 1,134 (34,686)
Citation 26

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

Number of pages: 51 Posted: 26 Dec 2001
University of South Carolina - Darla Moore School of Business, Georgetown University - McDonough School of Business, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 958 (43,442)
Citation 10

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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 Last Revised: 02 Dec 2022
University of South Carolina - Darla Moore School of Business, Georgetown University - McDonough School of Business, Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 138 (373,720)
Citation 212

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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

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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 954 (43,691)
Citation 20

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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 Last Revised: 11 Jul 2022
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 135 (380,164)

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21.
Downloads 1,053 (38,574)
Citation 42

Going the Extra Mile: Distant Lending and Credit Cycles

Number of pages: 95 Posted: 13 Nov 2018 Last Revised: 05 Dec 2020
Joao Granja, Christian Leuz and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 842 (51,983)

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Lending Distance; Credit Cycles; Bank Competition; Bank Risk-Taking; Soft Information

Going the Extra Mile: Distant Lending and Credit Cycles

CFS Working Paper, No. 623, 2019
Number of pages: 67 Posted: 10 Jun 2019
Joao Granja, Christian Leuz and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 148 (353,213)
Citation 1

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Going the Extra Mile: Distant Lending and Credit Cycles

NBER Working Paper No. w25196
Number of pages: 96 Posted: 29 Oct 2018 Last Revised: 07 May 2023
Joao Granja, Christian Leuz and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 63 (631,922)
Citation 47

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

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 860 (50,476)
Citation 7

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

NBER Working Paper No. w7685
Number of pages: 63 Posted: 25 May 2006 Last Revised: 03 Jul 2022
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 132 (386,960)
Citation 244

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23.
Downloads 927 (46,125)
Citation 7

The Decline of Secured Debt

Journal of Finance, Forthcoming
Number of pages: 70 Posted: 10 Jan 2020 Last Revised: 19 Oct 2022
Efraim Benmelech, Nitish Kumar and Raghuram G. Rajan
Northwestern University - Kellogg School of Management, University of Florida and University of Chicago - Booth School of Business
Downloads 830 (52,980)
Citation 1

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Corporate Finance, Development of the American Economy, Economic Fluctuations and Growth, Law and Economics

The Decline of Secured Debt

NBER Working Paper No. w26637
Number of pages: 68 Posted: 13 Jan 2020 Last Revised: 14 Apr 2023
Efraim Benmelech, Nitish Kumar and Raghuram G. Rajan
Northwestern University - Kellogg School of Management, University of Florida and University of Chicago - Booth School of Business
Downloads 97 (487,506)
Citation 6

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24.
Downloads 913 (47,070)
Citation 228

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 673 (69,888)

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Liquidity, Crises, Banking

Liquidity Shortages and Banking Crises

NBER Working Paper No. w8937
Number of pages: 55 Posted: 07 Nov 2003 Last Revised: 04 Dec 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 160 (330,869)
Citation 3

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Liquidity Shortages and Banking Crises

NBER Working Paper No. w10071
Number of pages: 44 Posted: 08 Jan 2012 Last Revised: 10 Jul 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 80 (551,950)
Citation 43

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25.

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 - Department of Economics
Downloads 871 (50,324)
Citation 1

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26.

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

Number of pages: 72 Posted: 11 Oct 2022 Last Revised: 28 Mar 2023
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Frankfurt School of Finance & Management
Downloads 843 (52,674)

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Federal Reserve, quantitative easing, large-scale asset purchases, quantitative tightening, Fed normalization, deposits, lines of credit, financial stability, financial fragility, monetary policy

27.
Downloads 817 (54,917)
Citation 82

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 661 (71,532)

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Liquidity, Money, Monetary Policy, Banking

Money in a Theory of Banking

NBER Working Paper No. w10070
Number of pages: 47 Posted: 22 Feb 2005 Last Revised: 09 Jul 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 156 (338,041)
Citation 25

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28.

Financial Fire Sales: Evidence from Bank Failures

FEDS Working Paper No. 2014-67
Number of pages: 58 Posted: 31 May 2017
Rodney Ramcharan and Raghuram G. Rajan
University of Southern California, Marshall School of Business and University of Chicago - Booth School of Business
Downloads 757 (60,848)

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Bank failures, liquidity, fire sales

29.
Downloads 731 (63,795)
Citation 86

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 372 (143,792)
Citation 2

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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 152 (345,552)
Citation 3

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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 144 (361,282)
Citation 12

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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: 46 Posted: 20 Jun 2011 Last Revised: 08 May 2023
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 63 (631,922)
Citation 62

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Business Environment and Firm Entry: Evidence from International Data

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 544 (91,574)
Citation 2

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Entry, Regulations

Entry Regulation as a Barrier to Entrepreneurship

NBER Working Paper No. w10380
Number of pages: 54 Posted: 01 Apr 2004 Last Revised: 13 Nov 2022
Leora F. Klapper, Luc Laeven and Raghuram G. Rajan
World Bank, European Central Bank (ECB) and University of Chicago - Booth School of Business
Downloads 166 (320,441)
Citation 92

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Business Environment and Firm Entry: Evidence from International Data

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 (955,816)
Citation 1
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Business entry, regulation

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 533 (93,962)
Citation 2

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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: 44 Posted: 19 Apr 2003 Last Revised: 29 Oct 2022
Raghuram G. Rajan and Julie Wulf
University of Chicago - Booth School of Business and Harvard Business School
Downloads 130 (391,737)
Citation 97

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

NBER Working Paper No. w11513
Number of pages: 73 Posted: 31 Jul 2006 Last Revised: 18 Dec 2022
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 436 (119,683)
Citation 42

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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 204 (266,201)

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Aid and Growth, Cross-Sectional and Panel data

33.

The Credit Crisis: Conjectures About Causes and Remedies

NBER Working Paper No. w14739
Number of pages: 15 Posted: 21 Feb 2009 Last Revised: 10 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 626 (77,610)
Citation 29

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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, Marshall School of Business
Downloads 555 (89,268)

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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: 64 Posted: 28 Apr 2012 Last Revised: 05 Apr 2023
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Marshall School of Business
Downloads 64 (626,551)
Citation 16

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35.

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

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 578 (85,821)
Citation 6

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36.
Downloads 553 (90,731)
Citation 7

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 473 (108,717)
Citation 7

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The Tyranny of Inequality

NBER Working Paper No. w5396
Number of pages: 40 Posted: 11 Jun 2000 Last Revised: 01 Oct 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 80 (551,950)

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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

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37.
Downloads 542 (93,081)
Citation 44

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 396 (133,916)

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Aid, Growth, Competitiveness

What Undermines Aid's Impact on Growth?

NBER Working Paper No. w11657
Number of pages: 57 Posted: 31 Jul 2006 Last Revised: 09 Nov 2022
Raghuram G. Rajan and Arvind Subramanian
University of Chicago - Booth School of Business and International Monetary Fund (IMF)
Downloads 146 (357,205)
Citation 4

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Secured Credit Spreads and the Issuance of Secured Debt

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-14
Number of pages: 58 Posted: 04 Mar 2020 Last Revised: 03 Dec 2020
Efraim Benmelech, Nitish Kumar and Raghuram G. Rajan
Northwestern University - Kellogg School of Management, University of Florida and University of Chicago - Booth School of Business
Downloads 286 (191,031)
Citation 1

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The Secured Credit Premium and the Issuance of Secured Debt

Number of pages: 61 Posted: 02 Mar 2020 Last Revised: 07 Feb 2022
Efraim Benmelech, Nitish Kumar and Raghuram G. Rajan
Northwestern University - Kellogg School of Management, University of Florida and University of Chicago - Booth School of Business
Downloads 250 (218,965)

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Secured Debt, Credit Spreads, Business Cycle, Distress

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

Number of pages: 45 Posted: 07 Dec 1997
Randall Kroszner and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 440 (118,408)
Citation 22

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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 Last Revised: 13 Nov 2022
Randall Kroszner and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 91 (508,520)

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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 Kroszner and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

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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, Viral V. Acharya and Raghuram G. Rajan
New York University (NYU) - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
Downloads 457 (113,204)

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Sovereign Debt, Government Myopia, and the Financial Sector

NBER Working Paper No. w17542
Number of pages: 63 Posted: 29 Oct 2011 Last Revised: 08 Jun 2023
Viral V. Acharya, Viral V. Acharya and Raghuram G. Rajan
New York University (NYU) - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
Downloads 62 (637,259)
Citation 22

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Sovereign Debt, Government Myopia, and the Financial Sector

CEPR Discussion Paper No. DP8668
Number of pages: 55 Posted: 24 Nov 2011
Viral V. Acharya, Viral V. Acharya and Raghuram G. Rajan
New York University (NYU) - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
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ability to pay, political economy, sovereign default, willingness to pay

41.
Downloads 519 (98,178)
Citation 135

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 398 (133,128)
Citation 34

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North-South capital flows, financial globalization

Foreign Capital and Economic Growth

NBER Working Paper No. w13619
Number of pages: 64 Posted: 29 Nov 2007 Last Revised: 20 Mar 2022
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 121 (414,243)
Citation 12

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42.

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, Marshall School of Business
Downloads 516 (98,874)
Citation 11

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Bank failures, liquidity, fire sales

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

Number of pages: 81 Posted: 10 Apr 2020 Last Revised: 16 Aug 2023
Viral V. Acharya, Viral V. Acharya, Raghuram G. Rajan and Jack Shim
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business and New York University, Department of Finance, Students
Downloads 337 (160,293)

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Sovereign debt, government myopia, financial repression, allocation puzzle, debt ceiling

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

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-18, NYU Stern School of Business
Number of pages: 81 Posted: 17 Mar 2020 Last Revised: 16 Aug 2023
Viral V. Acharya, Viral V. Acharya, Raghuram G. Rajan and Jack Shim
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business and New York University, Department of Finance, Students
Downloads 154 (341,743)

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When is Debt Odious? A Theory of Repression and Growth Traps

NBER Working Paper No. w27221
Number of pages: 72 Posted: 26 May 2020 Last Revised: 19 May 2023
Viral V. Acharya, Viral V. Acharya, Raghuram G. Rajan and Jack Shim
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business and New York University, Department of Finance, Students
Downloads 11 (1,051,179)

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

NBER Working Paper No. w30296
Number of pages: 82 Posted: 01 Aug 2022 Last Revised: 28 Jun 2023
Viral V. Acharya, Viral V. Acharya, Raghuram G. Rajan and Jack Shim
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business and New York University, Department of Finance, Students
Downloads 6 (1,098,001)

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When is Debt Odious? A Theory of Repression and Growth Traps

CEPR Discussion Paper No. DP14961
Number of pages: 74 Posted: 29 Jun 2020 Last Revised: 16 Aug 2020
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business and New York University (NYU) - Leonard N. Stern School of Business
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44.
Downloads 493 (104,652)

Trade Credit: Theories and Evidence

NBER Working Paper No. w5602
Number of pages: 42 Posted: 11 Jun 2000 Last Revised: 24 Apr 2022
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 493 (103,490)
Citation 147

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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

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45.

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 478 (108,508)
Citation 9

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

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

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-19
Number of pages: 70 Posted: 26 Jan 2022 Last Revised: 26 Dec 2023
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Frankfurt School of Finance & Management
Downloads 457 (113,204)

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Federal Reserve, quantitative easing, large-scale asset purchases, quantitative tightening, Fed normalization, demandable deposits, uninsured deposits, lines of credit, financial stability, unconventional monetary policy.

Liquidity, Liquidity Everywhere, Not a Drop to Use – Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity

NBER Working Paper No. w29680
Number of pages: 66 Posted: 24 Jan 2022 Last Revised: 16 Apr 2023
Viral V. Acharya, Viral V. Acharya and Raghuram G. Rajan
New York University (NYU) - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
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Citation 1
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Liquidity, Liquidity Everywhere, Not a Drop to Use - Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity

Posted: 11 Jan 2022 Last Revised: 26 Dec 2023
Viral V. Acharya, Viral V. Acharya and Raghuram G. Rajan
New York University (NYU) - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
Downloads 0 (127,163)
Citation 1

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Federal Reserve, quantitative easing, large-scale asset purchases, quantitative tightening, Fed normalization, demandable deposits, uninsured deposits, lines of credit, financial stability, unconventional monetary policy.

Liquidity, Liquidity Everywhere, Not a Drop to Use - Why Flooding Banks with Central Bank Reserves May Not Expand Liquidity

CEPR Discussion Paper No. DP16907
Number of pages: 68 Posted: 04 Feb 2022 Last Revised: 27 May 2022
Viral V. Acharya, Viral V. Acharya and Raghuram G. Rajan
New York University (NYU) - Leonard N. Stern School of Business and University of Chicago - Booth School of Business
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Capital requirements, central bank balance sheet, Financial Stability, Liquidity dependence, liquidity hoarding, Margin Requirements, Quantitative easing, Repo rate spike

47.
Downloads 461 (113,281)
Citation 16

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 272 (201,105)
Citation 15

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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 Last Revised: 14 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 189 (285,511)

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48.

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 448 (117,268)

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49.

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 388 (138,278)
Citation 4

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

50.

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

Johns Hopkins Carey Business School Research Paper No. 19-03, Fama-Miller Working Paper , Chicago Booth Research Paper No. 21-21
Number of pages: 95 Posted: 28 Mar 2019 Last Revised: 12 Aug 2021
Prachi Mishra, Nagpurnanand Prabhala and Raghuram G. Rajan
Research Department, International Monetary Fund, The Johns Hopkins Carey Business School and University of Chicago - Booth School of Business
Downloads 357 (151,748)

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credit bureaus, credit scoring, banking, bank relationships, state-owned banks, adoption of new management practices, technology adoption, organizational culture

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, Marshall School of Business
Downloads 175 (305,833)

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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, Marshall School of Business
Downloads 104 (463,957)

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Bank branching, McFadden, political economy

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

NBER Working Paper No. w17266
Number of pages: 43 Posted: 06 Aug 2011 Last Revised: 06 Mar 2023
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Marshall School of Business
Downloads 68 (606,425)
Citation 12

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52.

The Governance of the New Enterprise

NBER Working Paper No. w7958
Number of pages: 45 Posted: 11 Oct 2000 Last Revised: 01 Oct 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 347 (156,449)
Citation 3

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53.

The Effect of Credit Market Competition on Lending Relationships

NBER Working Paper No. w4921
Number of pages: 53 Posted: 23 Aug 2000 Last Revised: 14 Dec 2022
Mitchell A. Petersen and Raghuram G. Rajan
Northwestern University - Kellogg School of Management and University of Chicago - Booth School of Business
Downloads 332 (164,150)
Citation 243

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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 253 (216,318)
Citation 49

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Underdevelopment, persistence, factor endowment, constituency

Rent Preservation and the Persistence of Underdevelopment

NBER Working Paper No. w12093
Number of pages: 65 Posted: 14 May 2006 Last Revised: 18 Jul 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 76 (569,118)
Citation 5

Abstract:

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55.
Downloads 322 (169,679)
Citation 24

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 210 (259,077)
Citation 7

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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 Last Revised: 24 Nov 2022
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 112 (439,015)
Citation 18

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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, Marshall School of Business
Downloads 242 (226,175)

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Landed Interests and Financial Underdevelopment in the United States

NBER Working Paper No. w14347
Number of pages: 54 Posted: 23 Sep 2008 Last Revised: 15 Sep 2022
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Marshall School of Business
Downloads 53 (689,426)

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57.

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 293 (187,398)
Citation 1

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

58.

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

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-38
Number of pages: 66 Posted: 17 Mar 2023
New York University (NYU) - New York University, University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Frankfurt School of Finance & Management
Downloads 273 (201,503)

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Federal Reserve, quantitative easing, large-scale asset purchases, quantitative tightening, Fed normalization, deposits, lines of credit, financial stability, monetary policy

59.

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, Marshall School of Business
Downloads 264 (208,386)
Citation 2

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60.

The Paradox of Liquidity

NBER Working Paper No. w5143
Number of pages: 45 Posted: 13 Jun 2000 Last Revised: 23 Jul 2022
Stewart C. Myers and Raghuram G. Rajan
Massachusetts Institute of Technology (MIT) and University of Chicago - Booth School of Business
Downloads 261 (210,793)
Citation 39

Abstract:

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61.

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 238 (230,958)

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

62.

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

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-54
Number of pages: 95 Posted: 02 Apr 2019 Last Revised: 11 Aug 2021
Prachi Mishra, Nagpurnanand Prabhala and Raghuram G. Rajan
Goldman Sachs, The Johns Hopkins Carey Business School and University of Chicago - Booth School of Business
Downloads 237 (231,879)

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63.
Downloads 209 (260,952)
Citation 5

Liquidity, Pledgeability, and the Nature of Lending

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-09
Number of pages: 60 Posted: 25 Jan 2021
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 192 (281,316)

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liquidity, pledgeability, financial cycle, monitoring, loans, performance-pricing debt, intermediary capital

Liquidity, Pledgeability, and the Nature of Lending

NBER Working Paper No. w28377
Number of pages: 59 Posted: 27 Jan 2021 Last Revised: 16 Jul 2023
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 17 (987,445)

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64.

The Emergence of Strong Property Rights: Speculation from History

NBER Working Paper No. w9478
Number of pages: 37 Posted: 02 Feb 2003 Last Revised: 29 Nov 2022
Raghuram G. Rajan and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 175 (306,181)

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65.

Are Perks Purely Managerial Excess?

NBER Working Paper No. w10494
Number of pages: 47 Posted: 28 May 2004 Last Revised: 06 Mar 2022
Raghuram G. Rajan and Julie Wulf
University of Chicago - Booth School of Business and Harvard Business School
Downloads 170 (313,916)
Citation 8

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66.

Illiquidity and Interest Rate Policy

NBER Working Paper No. w15197
Number of pages: 47 Posted: 04 Aug 2009 Last Revised: 12 Jul 2023
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 154 (341,530)

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

Chicago Booth Research Paper No. 23-12, Fama-Miller Working Paper
Number of pages: 81 Posted: 08 Jun 2023 Last Revised: 16 Jun 2023
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Marshall School of Business
Downloads 115 (430,337)

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

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-82
Number of pages: 81 Posted: 15 Jun 2023
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Marshall School of Business
Downloads 29 (868,674)

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

NBER Working Paper No. w31356
Number of pages: 81 Posted: 19 Jun 2023 Last Revised: 03 Jul 2023
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California
Downloads 8 (1,080,339)
Citation 1
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68.

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

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 106, 2022
Number of pages: 82 Posted: 11 Aug 2022 Last Revised: 18 Aug 2023
Viral V. Acharya, Raghuram G. Rajan and Jack Shim
New York University (NYU) - New York University, University of Chicago - Booth School of Business and New York University, Department of Finance, Students
Downloads 140 (368,816)

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69.

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

NBER Working Paper No. w12023
Number of pages: 65 Posted: 27 Apr 2006 Last Revised: 09 Nov 2022
International Monetary Fund (IMF), Asian Development Bank, University of Chicago - Booth School of Business, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 124 (405,111)

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70.

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: 50 Posted: 20 Jun 2009 Last Revised: 20 Mar 2022
Raghuram G. Rajan and Rodney Ramcharan
University of Chicago - Booth School of Business and University of Southern California, Marshall School of Business
Downloads 115 (428,374)
Citation 8

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71.

Dollar Shortages and Crises

NBER Working Paper No. w10845
Number of pages: 48 Posted: 27 Oct 2004 Last Revised: 21 Aug 2022
Raghuram G. Rajan
University of Chicago - Booth School of Business
Downloads 115 (428,374)
Citation 2

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72.

Illiquid Banks, Financial Stability, and Interest Rate Policy

NBER Working Paper No. w16994
Number of pages: 55 Posted: 02 May 2011 Last Revised: 09 Jun 2023
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 114 (431,206)
Citation 20

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73.

Rethinking Fiscal and Monetary Policy for the New Economy

Building Back Broader: Policy Pathway to Economic Transformation, White paper by Global Future Council on the New Agenda for Fiscal and Monetary Policy World Economic Forum, pp. 7-15, (co-authored), 2021, HKUST Business School Research Paper No. 2023-126
Number of pages: 9 Posted: 03 Jul 2023 Last Revised: 22 Sep 2023
University of Cape Town (UCT) - Development Policy Research Unit, Washington Center for Equitable Growth, UCLA School of Law, Tax Justice Network, International Monetary Fund (IMF), JP Morgan Chase & Co. - JP Morgan Chase Institute, Bruegel, World Bank, Bill and Melinda Gates Foundation, Bain & Company, Hong Kong University of Science & Technology (HKUST) - Department of Economics, Tulane University, UBS Global Wealth Management, Bank of England - Monetary Analysis, Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), University of Chicago - Booth School of Business, National Economic Council for Financial Reform, Osaka University - School of Economics, London School of Economics & Political Science (LSE) - London School of Economics and World Economic Forum - Centre for the New Economy and Society
Downloads 101 (470,846)

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74.

Pledgeability, Industry Liquidity, and Financing Cycles

NBER Working Paper No. w23055
Number of pages: 52 Posted: 17 Jan 2017 Last Revised: 01 Jul 2023
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 96 (487,209)
Citation 3

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75.

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
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Citation 6
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Human capital, institutions

76.
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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
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Citation 37
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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

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77.

The Secured Credit Premium and the Issuance of Secured Debt

NBER Working Paper No. w26799
Number of pages: 62 Posted: 02 Mar 2020 Last Revised: 24 Mar 2023
Efraim Benmelech, Nitish Kumar and Raghuram G. Rajan
Northwestern University - Kellogg School of Management, University of Florida and University of Chicago - Booth School of Business
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78.

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

NBER Working Paper No. w25694
Number of pages: 95 Posted: 01 Apr 2019 Last Revised: 17 Mar 2023
Prachi Mishra, Nagpurnanand Prabhala and Raghuram G. Rajan
Goldman Sachs, The Johns Hopkins Carey Business School and University of Chicago - Booth School of Business
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79.

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

NBER Working Paper No. w31050
Number of pages: 71 Posted: 20 Mar 2023 Last Revised: 05 Apr 2023
New York University (NYU) - Leonard N. Stern School of Business, University of Chicago Booth School of Business, University of Chicago - Booth School of Business and Frankfurt School of Finance & Management
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80.

Cross-Border Spillovers: How Us Financial Conditions Affect M&As Around the World

NBER Working Paper No. w31235
Number of pages: 42 Posted: 22 May 2023 Last Revised: 05 Jun 2023
Katharina Bergant, Prachi Mishra and Raghuram G. Rajan
International Monetary Fund, Research Department, International Monetary Fund (IMF) - Research Department and University of Chicago - Booth School of Business
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81.

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)

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

82.

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

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

83.

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

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

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84.

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

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85.

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

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86.

Commercial Bank Securities Activities Before the Glass-Steagall Act

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

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87.

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

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88.

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

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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

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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

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