Raghuram Rajan

From Wikipedia, the free encyclopedia

Raghuram G. Rajan is the Economic Counselor and Director of Research at the International Monetary Fund, or more simply, its Chief Economist. He replaced Ken Rogoff at the IMF in September 2003. He is the youngest individual to hold the position (beginning at the age of 40). In 2003, he was the inaugural winner of the Fischer Black Prize awarded by the American Finance Association for outstanding original research in finance.

Rajan has announced his intention to leave the IMF in early 2007 and return to his role as Joseph L. Gidwitz Distinguished Service Professor of Finance at the University of Chicago GSB.[1] He is currently on leave from the Chicago GSB to fulfill his IMF responsibilities.

[edit] Background

Rajan was born in Bhopal (MP, India). In 1985, he graduated from the Indian Institute of Technology, Delhi, with a degree in Electrical Engineering, and then went on to earn an MBA at the Indian Institute of Management, Ahmedabad in 1987. He received his PhD from the Massachusetts Institute of Technology (MIT) in 1991.

Rajan has also served as a visiting professor at MIT as well as at Northwestern University and the Stockholm School of Economics

[edit] Publications

His most widely-read book, Saving Capitalism from the Capitalists, was co-authored with fellow Chicago GSB professor Luigi Zingales and published in 2004. He has also published papers in the Journal of Financial Economics, Journal of Finance and Oxford Review of Economic Policy.