Print Overview
Arvind Krishnamurthy is Harold Stuart Professor of Finance.

His research involves finance and macroeconomics. He has studied the causes and consequences of liquidity crises in emerging markets. He has also studied liquidity effects in the U.S. Treasury bond market and the MBS market. Currently, he is studying how central bank policy can help stabilize liquidity in financial markets.

Professor Krishnamurthy received his Ph.D. from MIT.

Print Vita
Education
PhD, 1998, Financial Economics, Massachusetts Institute of Technology
BSE, 1990, Electrical Engineering, University of Pennsylvania

Academic Positions
Research Associate, NBER, 2008-present
Harold L. Stuart Professor of Finance, Kellogg School of Management, Northwestern University, 2007-present
Faculty Fellow, Northwestern University, Center for International Economics and Development
Associate Professor of Finance, Kellogg School of Management, Northwestern University, 2005-2007
Visitor, London School of Economics, 2005-2005
Assistant Professor of Finance, Kellogg School of Management, Northwestern University, 1998-2005
Visiting Scholar, International Monetary Fund, 2002-2002

Grants and Awards
Smith Breeden Prize, Journal of Finance
Best Paper in Asset Pricing published in the Journal of Finance in 2008
Western Finance Association Award, Western Finance Association
Best Paper in Corporate FInance at the WFA 2003 meetings
Zanetos Prize, MIT
Thesis Prize at MIT

Editorial Positions
Associate Editor, American Economic Review, 2012-present
Associate Editor, Journal of Finance, 2008-present
Associate Editor, American Economic Journal: Macroeconomics, 2009-2012

 
Print Research
Research Interests
Liquidity, financial crises, banking and monetary policy, debt markets, international finance

Cases
Krishnamurthy, Arvind and Taft Foster. 2014. Quantitative Easing in the Great Recession. Case 5-113-009 (KEL782).

 
Print Teaching
Teaching Interests
Money markets and the Fed, liquidity, macroeconomics, asset pricing