Rajnish Mehra

Rajnish Mehra (born January 15, 1950) is an Indian American economist. He currently holds the Deutsche Bank Luxembourg Chair at the University of Luxembourg and is a research associate of the NBER. His research interests include capital markets, asset pricing and growth theory.

Previously, he was a Professor at Arizona State University, the University of California, Santa Barbara, and the Massachusetts Institute of Technology, and an Associate Professor at Columbia University. He has been a consultant to the Fixed Income Group at Salomon Smith Barney and an adviser to Vega Asset Management.

Mehra is a co-author, with Edward C. Prescott, of one of the most cited papers in financial economics "The Equity Premium: A Puzzle". His research has been published in Econometrica, the Journal of Monetary Economics, the Journal of Economic Dynamics and Control, the Financial Analysts Journal, and other premier journals. He is the editor of the Elsevier publication, Handbook of the Equity Risk Premium.

In 2003 he was awarded a Graham and Dodd Scroll Award for excellence in financial writing by the Financial Analysts Journal.

He is a signatory of the 2009 petition for Fed Independence, drafted in response to the Federal Reserve Transparency Act of 2009, along with 190 other American economists.^[1]

Footnotes

References

• Prescott, Edward C. and Mehra, Rajnish (1980). "Recursive Competitive Equilibrium: The Case of Homogeneous Households" (PDF). Econometrica (Econometrica, Vol. 48, No. 6) 48 (6): 1365–79. doi:10.2307/1912812. JSTOR 1912812. 
• Mehra, Rajnish; Edward C. Prescott (1985). "The Equity Premium: A Puzzle" (PDF). Journal of Monetary Economics 15 (2): 145–161. doi:10.1016/0304-3932(85)90061-3. 
• Mehra, Rajnish (2008). Handbook of the Equity Risk Premium. Elsevier. ISBN 0-444-50899-6. 

External links

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