GSB Logo

Selected Bibliography for Raghuram G. Rajan
Distinguished Service Professor of Finance



Accessing Articles
Published Works | Working Papers

Published Works  

"Sovereign Debt, Government Myopia, and the Financial Sector." Viral V. Acharya and Raghuram G. Rajan; Review of Financial Studies, 2013, 26(6), pp. 1526-60.
http://dx.doi.org/10.1093/rfs/hht011

"Market Institutions, Financial Market Risks, and the Financial Crisis." Mark Carey, Anil K. Kashyap, Raghuram Rajan and René M. Stulz; Journal of Financial Economics, 2012, 104(3), pp. 421-24.
http://dx.doi.org/10.1016/j.jfineco.2012.02.003

"The Next Generation of Reforms in India: Why They Are Urgent and What Stands in Their Way." Raghuram Rajan; Indian Journal of Economics and Business, 2012, 11(2), pp. 521-26.
http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1321883

 "The True Lessons of the Recession." Raghuram Rajan; Foreign Affairs, 2012, 91, pp. 69-79.
http://search.ebscohost.com/login.aspx?direct=true&db=mth&AN=74471428

"Illiquid Banks, Financial Stability, and Interest Rate Policy." Douglas W. Diamond and Raghuram G. Rajan; Journal of Political Economy, 2012, 120(3), pp. 552-91.
http://dx.doi.org/10.1086/666669

"Presidential Address: The Corporation in Finance." Raghuram G. Rajan; The Journal of Finance, 2012, 67(4), pp. 1173-217.
http://dx.doi.org/10.1111/j.1540-6261.2012.01745.x

"Trade Credit Contracts." Leora Klapper, Luc Laeven and Raghuram Rajan; Review of Financial Studies, 2012, 25(3), pp. 838-67.
http://dx.doi.org/10.1093/rfs/hhr122

"Can Soft Power Help the IMF Make the World More Stable?" Raghuram Rajan; Review of World Economics, 2011, 147(1), pp. 1-10.
http://dx.doi.org/10.1007/s10290-010-0087-1

 

"Fear of Fire Sales, Illiquidity Seeking, and Credit Freezes." Douglas W. Diamond and Raghuram G. Rajan; The Quarterly Journal of Economics, 2011, 126(2), pp. 557-91.
http://dx.doi.org/10.1093/qje/qjr012

"Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century." Raghuram G. Rajan and Rodney Ramcharan; The Journal of Finance, 2011, 66(6), pp. 1895-931.
http://dx.doi.org/10.1111/j.1540-6261.2011.01694.x

"Land for Sale." Raghuram Rajan and Rodney Ramcharan; Finance & Development, 2011, 48(4), pp. 30-33.
http://www.imf.org/external/pubs/ft/fandd/2011/12/rajan.htm

"The Internal Governance of Firms."
Viral V. Acharya, Stewart C. Myers and Raghuram G. Rajan; The Journal of Finance, 2011, 66(3), pp. 689-720.
http://dx.doi.org/10.1111/j.1540-6261.2011.01649.x

"Aid, Dutch Disease, and Manufacturing Growth." Raghuram G. Rajan and Arvind Subramanian; Journal of Development Economics, 2011, 94(1), pp. 106-18.
http://dx.doi.org/10.1016/j.jdeveco.2009.12.004

"Currencies Aren't the Problem." Raghuram Rajan; Foreign Affairs, 2011, 90(2), pp. 104-16.
http://search.ebscohost.com/login.aspx?direct=true&db=mth&AN=58473351

"The Financial Crisis and the Death (or Hegemony) of Development Economics." Raghuram Rajan; The Journal of Economic Education, 2010, 41(4), pp. 398 - 402.
http://dx.doi.org/10.1080/00220485.2010.510398

Fault Lines : How Hidden Fractures Still Threaten the World Economy; Raghuram Rajan; Princeton: Princeton University Press, 2010

The Squam Lake Report : Fixing the Financial System; Kenneth R. French, Martin N. Baily, John Y. Campbell, John H. Cochrane, Douglas W. Diamond, Darrell Duffie, Anil K. Kashyap, Frederic S. Mishkin, Raghuram G. Rajan, David S. Scharfstein, Robert J. Shiller, Hyun Song Shin, Matthew J. Slaughter, Jeremy C. Stein and René Stulz; Princeton: Princeton University Press, 2010
http://site.ebrary.com/lib/uchicago/docDetail.action?docID=10394782

"The Credit Crisis: Conjectures About Causes and Remedies." Douglas W. Diamond and Raghuram G. Rajan; American Economic Review, 2009, 99(2), pp. 606-10.
http://dx.doi.org/10.1257/aer.99.2.606

"Rent Preservation and the Persistence of Underdevelopment." Raghuram G. Rajan; American Economic Journal: Macroeconomics, 2009, 1(1), pp. 178-218.
http://dx.doi.org/10.1257/mac.1.1.178

"The Credit Crisis and Cycle-Proof Regulation." Raghuram G. Rajan; Federal Reserve Bank of Saint Louis Review, 2009, 91, pp. 397-402.
http://research.stlouisfed.org/publications/review/09/09/part1/Rajan.pdf

"A Pragmatic Approach to Capital Account Liberalization." Eswar S. Prasad and Raghuram G. Rajan; Journal of Economic Perspectives, 2008, 22(3), pp. 149-72.
http://dx.doi.org/10.1257/jep.22.3.149

"The Contributions of Stewart Myers to the Theory and Practice of Corporate Finance*." Franklin Allen, Sudipto Bhattacharya, Raghuram G. Rajan and Antoinette Schoar; Journal of Applied Corporate Finance, 2008, 20(4), pp. 8-19.
http://dx.doi.org/10.1111/j.1745-6622.2008.00200.x

"Aid and Growth: What Does the Cross-Country Evidence Really Show?" Raghuram G. Rajan and Arvind Subramanian; Review of Economics and Statistics, 2008, 90(4), pp. 643-65.
http://dx.doi.org/10.1162/rest.90.4.643

"Next Generation Financial Reforms for India." Eswar S. Prasad and Raghuram G. Rajan; Finance & Development, 2008, 45(3), pp. 23-27.
http://www.imf.org/external/pubs/ft/fandd/2008/09/prasad.htm

"The Future of the IMF and the World Bank." Raghuram G. Rajan; American Economic Review, 2008, 98(2), pp. 110-15.
http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=EP32543722

"The Real Effect of Banking Crises." Giovanni Dell'Ariccia, Enrica Detragiache and Raghuram Rajan; Journal of Financial Intermediation, 2008, 17(1), pp. 89-112.
http://dx.doi.org/10.1016/j.jfi.2007.06.001

"Global Imbalances or Why Are the Poor Financing the Rich?" Raghuram Rajan; De Economist, 2008, 156(1), pp. 3-24.
http://dx.doi.org/10.1007/s10645-007-9079-5

"Foreign Capital and Economic Growth." Eswar S. Prasad, Raghuram G. Rajan and Arvind Subramanian; Brookings Papers on Economic Activity, 2007, (1), pp. 153-209.
http://muse.jhu.edu/journals/brookings_papers_on_economic_activity/v2007/2007.1prasad.pdf

"Does Aid Affect Governance?" Raghuram Rajan and Arvind Subramanian; American Economic Review, 2007, 97(2), pp. 322-27.
http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=0900991

"The Paradox of Capital." Eswar Prasad, Raghuram G. Rajan and Arvind Subramanian; Finance & Development, 2007, 44(1), pp. 16.
http://www.imf.org/external/pubs/ft/fandd/2007/03/prasad.htm

"The Great Game Again?" Rajan Raghuram; Finance & Development, 2006, 43(4), pp. 54.
http://www.imf.org/external/pubs/ft/fandd/2006/12/straight.htm

"India: The Past and Its Future." Raghuram G. Rajan; Asian Development Review, 2006, 23(2), pp. 36-52.
http://proquest.umi.com/pqdweb?did=1231141411&Fmt=7&clientId=13392&RQT=309&VName=PQD

"Modernizing China's Growth Paradigm." Eswar Prasad, S and Raghuram G. Rajan; American Economic Review, 2006, 96(2), pp. 331.
http://www.jstor.org/stable/30034668

"The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies." Raghuram G. Rajan and Julie Wulf; Review of Economics and Statistics, 2006, 83(4), pp. 759.
http://dx.doi.org/10.1162/rest.88.4.759

"Entry Regulation as a Barrier to Entrepreneurship." Leora Klapper, Luc Laeven and Raghuram Rajan; Journal of Financial Economics, 2006, 82(3), pp. 591-629.
http://dx.doi.org/10.1016/j.jfineco.2005.09.006

"From Paternalistic to Enabling." Raghuram Rajan; Finance & Development, 2006, 43(3), pp. 54.
http://www.imf.org/external/pubs/ft/fandd/2006/09/straight.htm

"Global Imbalances and Financial Reform with Examples from China." Raghuram G. Rajan; Cato Journal, 2006, 26(2), pp. 267-73.
http://www.cato.org/pubs/journal/cj26n2/cj26n2-6.pdf

"Has Finance Made the World Riskier?" Raghuram G. Rajan; European Financial Management, 2006, 12(4), pp. 499-533.
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-036X.2006.00330.x

"Money in a Theory of Banking." Douglas W. Diamond and Raghuram G. Rajan; The American Economic Review, 2006, 96(1), pp. 30.
http://dx.doi.org/10.1257/000282806776157759

"Separate and Unequal." Raghuram Rajan; Finance & Development, 2006, 43(1), pp. 56-57.
http://www.imf.org/external/pubs/ft/fandd/2006/03/straight.htm

"Are Perks Purely Managerial Excess?" Raghuram G. Rajan and Julie Wulf; Journal of Financial Economics, 2006, 79(1), pp. 1-33.
http://dx.doi.org/10.1016/j.jfineco.2005.01.003

"Aid and Growth: The Policy Challenge." Raghuram Rajan; Finance & Development, 2005, 42(4), pp. 53.
http://www.imf.org/external/pubs/ft/fandd/2005/12/straight.htm

"Risky Business." Raghuram G. Rajan; Finance & Development, 2005, 42(3).
http://www.imf.org/external/pubs/ft/fandd/2005/09/straight.htm

"Making India a Global Hub." Raghuram G. Rajan; The McKinsey Quarterly, 2005, pp. 112.
http://proquest.umi.com/pqdweb?did=912784151&Fmt=7&clientId=13392&RQT=309&VName=PQD

"Debt Relief and Growth." Raghuram Rajan; Finance & Development, 2005, 42(2), pp. 56.
http://www.imf.org/external/pubs/ft/fandd/2005/06/straight.htm

"Institutional Reform and Sovereign Debt Crises." Raghuram G. Rajan; Cato Journal, 2005, 25(1), pp. 17.
http://www.cato.org/pubs/journal/cj25n1/cj25n1-3.pdf

"Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks." Allen N. Berger, Nathan H. Miller, Michell A. Petersen, Raghuram G. Rajan and Jeremy C. Stein; Journal of Financial Economics, 2005, 76(2), pp. 237.
http://dx.doi.org/10.1016/j.jfineco.2004.06.003

"Rules Versus Discretion." Raghuram Rajan; Finance & Development, 2005, 42(1), pp. 56.
http://www.imf.org/external/pubs/ft/fandd/2005/03/pdf/straight.pdf

"Liquidity Shortages and Banking Crises." Douglas W. Diamond and Raghuram G. Rajan; Journal of Finance, 2005, 60(2), pp. 615.
http://dx.doi.org/10.1111/j.1540-6261.2005.00741.x

"Making Capitalism Work for Everyone." Raghuram G Rajan and Luigi Zingales; The Bank of America Journal of Applied Corporate Finance, 2004, 16(4), pp. 101.

"Odious or Just Malodorous?" Raghuram Rajan; Finance & Development, 2004, 41(4), pp. 54.
http://www.imf.org/external/pubs/ft/fandd/2004/12/pdf/straight.pdf

"Why Are Structural Reforms So Difficult?" Raghuram Rajan; Finance & Development, 2004, 41(2), pp. 56-57.
http://www.imf.org/external/pubs/ft/fandd/2004/06/pdf/straight.pdf

"Assume Anarchy? Why an Orthodox Economic Model May Not Be the Best Guide for Policy." Raghuram Rajan; Finance & Development, 2004, 41(3), pp. 56-57.
http://www.imf.org/external/pubs/ft/fandd/2004/09/pdf/straight.pdf

"Reason for Optimism." Raghuram Rajan; Far Eastern Economic Review, 2004, 167(4), pp. 38.
http://proquest.umi.com/pqdweb?did=535891221&sid=1&Fmt=4&clientId=13392&RQT=309&VName=PQD

"How Useful Are Clever Solutions? Why Fashionable Proposals Often Don't Work, as in the Case of a New Approach to Dollarized Debt and "Original Sin "." Raghuram Rajan; Finance & Development, 2004, 41(1), pp. 56-57.
http://www.imf.org/external/pubs/ft/fandd/2004/03/pdf/straight.pdf

"Fischer Black Prize for 2003." Raghuram G. Rajan; Journal of Finance, 2003, 58( 2), pp. 5.
http://dx.doi.org/10.1111/1540-6261.00533

"The Price of Influence Peddling." Raghuram Rajan and Luigi Zingales; Barron's, 2003, 83(40), pp. 41.
http://proquest.umi.com/pqdlink?did=423846431&sid=2&Fmt=4&clientId=13392&RQT=309&VName=PQD

Saving Capitalism from the Capitalists : Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity; Raghuram Rajan and Luigi Zingales; New York: Crown Business, 2003

"The Great Reversals: The Politics of Financial Development in the Twentieth Century." Raghuram G. Rajan and Luigi Zingales; Journal of Financial Economics, 2003, 69(1), pp. 5-50.
http://dx.doi.org/10.1016/S0304-405X(03)00125-9

"Commentary on 'Life-Cycle Dynamics in Industrial Sectors: The Role of Banking Market Structure'." Raghuram G. Rajan; Federal Reserve Bank of St. Louis Review, 2003, 85(4), pp. 149-50.
http://research.stlouisfed.org/publications/review/03/07/Rajan.pdf

"Banks and Markets: The Changing Character of European Finance," Luigi Zingales and Raghuram Rajan, in V. Gaspar, P. Hartmann and O. Sleijpen: The Transformation of the European Financial System: Second ECB Central Banking Conference. Frankfurt am Main: European Central Bank, 2002, pp. 123 - 68
http://www.ecb.int/events/pdf/conferences/zingales_comp.pdf

"Does Distance Still Matter? The Information Revolution in Small Business Lending." Mitchell A. Petersen and Raghuram G. Rajan; Journal of Finance, 2002, 57(6), pp. 2533-70.
http://dx.doi.org/10.1111/1540-6261.00505

"Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-Taking." Anil K. Kashyap, Raghuram Rajan and Jeremy C. Stein; Journal of Finance, 2002, 57(1), pp. 33-73.
http://dx.doi.org/10.1111/1540-6261.00415

"Bank Bailouts and Aggregate Liquidity." Douglas W. Diamond and Raghuram G. Rajan; American Economic Review, 2002, 92(2), pp. 38-41.
http://links.jstor.org/sici?sici=0002-8282%28200205%2992%3A2%3C38%3ABBAAL%3E2.0.CO%3B2-0

"Financial Systems, Industrial Structure, and Growth." Raghuram G. Rajan and Luigi Zingales; Oxford Review of Economic Policy, 2001, 17(4), pp. 467-82.
http://dx.doi.org/10.1093/oxrep/17.4.467

"The Firm as a Dedicated Hierarchy: A Theory of the Origins and Growth of Firms." Raghuram G. Rajan and Luigi Zingales; Quarterly Journal of Economics, 2001, 116(3), pp. 805-51.
http://search.epnet.com/login.aspx?direct=true&db=bth&an=5015013

"The Influence of the Financial Revolution on the Nature of Firms." Raghuram G. Rajan and Luigi Zingales; American Economic Review, 2001, 91(2), pp. 206-11.
http://links.jstor.org/sici?sici=0002-8282%28200105%2991%3A2%3C206%3ATIOTFR%3E2.0.CO%3B2-U

"Market Discipline in the Governance of U S Bank Holding Companies: Monitoring Versus Influencing: Comment," Raghuram G. Rajan, in F. S. Mishkin: Prudential Supervision: What Works and What Doesn't. NBER Conference Report series. Chicago and London: University of Chicago Press, 2001, pp. 143-45
http://www.nber.org/chapters/c10761.pdf

"Banks, Short-Term Debt and Financial Crises: Theory, Policy Implications and Applications." Douglas W. Diamond and Raghuram G. Rajan; Carnegie-Rochester Conference Series on Public Policy, 2001, 54, pp. 37-71.
http://dx.doi.org/10.1016/S0167-2231(01)00039-2

"Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking." Douglas W. Diamond and Raghuram G. Rajan; Journal of Political Economy, 2001, 109(2), pp. 287-327.
http://links.jstor.org/sici?sici=0022-3808%28200104%29109%3A2%3C287%3ALRLCAF%3E2.0.CO%3B2-Z

"Banks and Liquidity." Douglas W. Diamond and Raghuram G. Rajan; American Economic Review, 2001, 91(2), pp. 422-25.
http://links.jstor.org/sici?sici=0002-8282%28200105%2991%3A2%3C422%3ABAL%3E2.0.CO%3B2-O

"The Governance of the New Enterprise," Luigi Zingales and Raghuram Rajan, in X. Vives: Corporate Governance : Theoretical and Empirical Perspectives. Cambridge: Cambridge University Press, 2000, pp. 201-27

"Corporate Finance." Raghuram G. Rajan; NBER Reporter, 2000, Spring, pp. 1-5.
http://search.epnet.com/login.aspx?direct=true&db=bth&an=3414049

"The Eclipse of the U S Tire Industry," Raghuram Rajan, Paolo Volpin and Luigi Zingales, in S. N. Kaplan: Mergers and Productivity. Chicago and London: University of Chicago Press, 2000, pp. 51-86
http://www.nber.org/chapters/c8649.pdf

"Globalization of Financial Institutions: Evidence from Cross-Border Banking Performance: Comments and Discussion." Raghuram G. Rajan; Brookings-Wharton Papers on Financial Services, 2000, pp. 126-30.
http://muse.jhu.edu/journals/brookings-wharton_papers_on_financial_services/v2000/2000.1berger_comment.html

"The Tyranny of Inequality." Raghuram G. Rajan and Luigi Zingales; Journal of Public Economics, 2000, 76(3), pp. 521-58.
http://dx.doi.org/10.1016/S0047-2727(99)00095-X

"The Cost of Diversity: The Diversification Discount and Inefficient Investment." Raghuram Rajan, Henri Servaes and Luigi Zingales; Journal of Finance, 2000, 55(1), pp. 35-80.
http://links.jstor.org/sici?sici=0022-1082%28200002%2955%3A1%3C35%3ATCODTD%3E2.0.CO%3B2-M

"A Theory of Bank Capital." Douglas W. Diamond and Raghuram G. Rajan; Journal of Finance, 2000, 55(6), pp. 2431-65.
http://links.jstor.org/sici?sici=0022-1082%28200012%2955%3A6%3C2431%3AATOBC%3E2.0.CO%3B2-G

"Insurer Demand for Catastrophe Reinsurance: Comment," Raghuram Rajan, in K. A. Froot: The Financing of Catastrophe Risk. Chicago and London: University of Chicago Press, 1999, pp. 48-49
http://www.nber.org/chapters/c7947.pdf

"Do We Still Need Commercial Banks?" Raghuram G. Rajan; NBER Reporter, 1998, (Fall), pp. 14-19.
http://search.epnet.com/login.aspx?direct=true&db=bth&an=1343648

"Debt, Folklore, and Cross Country Differences in Financial Structure." Raghuram Rajan and Luigi Zingales; The Bank of America Journal of Applied Corporate Finance, 1998, 10(4), pp. 102.

"Which Capitalism? Lesson from the East Asia Crisis." Raghuram G Rajan and Luigi Zingales; The Bank of America Journal of Applied Corporate Finance, 1998, 11(3), pp. 40.

"Power in a Theory of the Firm." Raghuram G. Rajan and Luigi Zingales; Quarterly Journal of Economics, 1998, 113(2), pp. 387-432.
http://links.jstor.org/sici?sici=0033-5533%28199805%29113%3A2%3C387%3APIATOT%3E2.0.CO%3B2-C

"Financial Dependence and Growth." Raghuram G. Rajan and Luigi Zingales; American Economic Review, 1998, 88(3), pp. 559-86.
http://links.jstor.org/sici?sici=0002-8282%28199806%2988%3A3%3C559%3AFDAG%3E2.0.CO%3B2-C

"The Past and Future of Commercial Banking Viewed through an Incomplete Contract Lens." Raghuram G. Rajan; Journal of Money, Credit and Banking, 1998, 30(3), pp. 524-50.
http://links.jstor.org/sici?sici=0022-2879%28199808%2930%3A3%3C524%3ATPAFOC%3E2.0.CO%3B2-G

"The Paradox of Liquidity." Stewart C. Myers and Raghuram G. Rajan; Quarterly Journal of Economics, 1998, 113(3), pp. 733-71.
http://links.jstor.org/sici?sici=0033-5533%28199808%29113%3A3%3C733%3ATPOL%3E2.0.CO%3B2-8

"Analyst Following of Initial Public Offerings." Raghuram Rajan and Henri Servaes; Journal of Finance, 1997, 52(2), pp. 507-29.
http://links.jstor.org/sici?sici=0022-1082%28199706%2952%3A2%3C507%3AAFOIPO%3E2.0.CO%3B2-P

"Trade Credit: Theories and Evidence." Michell A. Peterson and Raghuram G. Rajan; Review of Financial Studies, 1997, 10(3), pp. 661-91.
http://links.jstor.org/sici?sici=0893-9454%28199723%2910%3A3%3C661%3ATCTAE%3E2.0.CO%3B2-Q

"Organization Structure and Credibility: Evidence from Commercial Bank Securities Activities before the Glass--Steagall Act." Randall S. Kroszner and Raghuram G. Rajan; Journal of Monetary Economics, 1997, 39(3), pp. 475-516.
http://dx.doi.org/10.1016/S0304-3932(97)00022-6

"Why Banks Have a Future: Toward a New Theory of Commercial Banking." Raghuram G. Rajan; The Bank of America Journal of Applied Corporate Finance, 1996, 9(2), pp. 114.

"Review of 'the Japanese Main Bank System: Its Relevance for Developing and Transforming Economies'." Raghuram G. Rajan; Journal of Economic Literature, 1996, 34(3), pp. 1363-65.
http://links.jstor.org/sici?sici=0022-0515%28199609%2934%3A3%3C1363%3ATJMBSI%3E2.0.CO%3B2-U

"Comment on Interbank Lending and System Risk." Raghuram G. Rajan; Journal of Money, Credit and Banking, 1996, 28(4), pp. 763-65.
http://links.jstor.org/sici?sici=0022-2879%28199611%2928%3A4%3C763%3ACOILAS%3E2.0.CO%3B2-K

"The Effect of Credit Market Competition on Lending Relations." Mitchell A. Petersen and Raghuram G. Rajan; Quarterly Journal of Economics, 1995, 110(2), pp. 407.
http://links.jstor.org/sici?sici=0033-5533%28199505%29110%3A2%3C407%3ATEOCMC%3E2.0.CO%3B2-S

"Is Bank Lending Special? Discussion," Raghuram G. Rajan, in J. Peek and E. S. Rosengren: Is Bank Lending Important for the Transmission of Monetary Policy? Boston: Federal Reserve Bank of Boston, 1995, pp. 41-44

"The Effect of Credit Market Competition on Lending Relationships." Mitchell A. Petersen and Raghuram G. Rajan; Quarterly Journal of Economics, 1995, 110(2), pp. 407-43.
http://links.jstor.org/sici?sici=0033-5533%28199505%29110%3A2%3C407%3ATEOCMC%3E2.0.CO%3B2-S

"Covenants and Collateral as Incentives to Monitor." Raghuram Rajan and Andrew Winton; Journal of Finance, 1995, 50(4), pp. 1113-46.
http://links.jstor.org/sici?sici=0022-1082%28199509%2950%3A4%3C1113%3ACACAIT%3E2.0.CO%3B2-V

"What Do We Know About Capital Structure? Some Evidence from International Data." Raghuram G. Rajan and Luigi Zingales; Journal of Finance, 1995, 50(5), pp. 1421-60.
http://links.jstor.org/sici?sici=0022-1082%28199512%2950%3A5%3C1421%3AWDWKAC%3E2.0.CO%3B2-8

"The Benefits of Lending Relationships: Evidence from Small Business Data." Mitchell A. Petersen and Raghuram G. Rajan; Journal of Finance, 1994, 49(1), pp. 3-37.
http://links.jstor.org/sici?sici=0022-1082%28199403%2949%3A1%3C3%3ATBOLRE%3E2.0.CO%3B2-O

"Why Bank Credit Policies Fluctuate: A Theory and Some Evidence." Raghuram G. Rajan; Quarterly Journal of Economics, 1994, 109(2), pp. 399-441.
http://links.jstor.org/sici?sici=0033-5533%28199405%29109%3A2%3C399%3AWBCPFA%3E2.0.CO%3B2-O

"Is the Glass-Steagall Act Justified? A Study of the U.S. Experience with Universal Banking before 1933." Randall S. Kroszner and Raghuram G. Rajan; American Economic Review, 1994, 84(4), pp. 810-32.
http://links.jstor.org/sici?sici=0002-8282%28199409%2984%3A4%3C810%3AITGAJA%3E2.0.CO%3B2-M

"Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt." Raghuram G. Rajan; Journal of Finance, 1992, 47(4), pp. 1367-400.
http://links.jstor.org/sici?sici=0022-1082%28199209%2947%3A4%3C1367%3AIAOTCB%3E2.0.CO%3B2-F

Essays on Banking; Raghuram Govind Rajan; Ph.D Dissertation, Massachusetts Institute of Technology, 1991.
http://hdl.handle.net/1721.1/13883

"Pricing Commodity Bonds Using Binomial Option Pricing," Raghuram Rajan, in T. Priovolos and R. C. Duncan: Commodity Risk Management and Finance. Oxford; New York; Toronto and Melbourne: Oxford University Press for the World Bank, 1991, pp. 61-81

Working Papers  

 The Corporation in Finance; Raghuram Rajan; NBER Working Paper Series No. 17760; Cambridge: National Bureau of Economic Research, 2012.
http://www.nber.org/papers/w17760

Trade Credit Contracts; Leora F. Klapper, Luc Laeven and Raghuram Rajan; NBER Working Paper Series No. 17146; Cambridge: National Bureau of Economic Research, 2011.
http://www.nber.org/papers/w17146

Illiquid Banks, Financial Stability, and Interest Rate Policy; Douglas W. Diamond and Raghuram Rajan; NBER Working Paper Series No. 16994; Cambridge: National Bureau of Economic Research, 2011.
http://www.nber.org/papers/w16994

 The Internal Governance of Firms; Viral V. Acharya, Stewart C. Myers and Raghuram Rajan; NBER Working Paper Series No. 15568; Cambridge: National Bureau of Economic Research, 2009.
http://www.nber.org/papers/w15568

Illiquidity and Interest Rate Policy; Douglas W. Diamond and Raghuram G. Rajan; NBER Working Paper Series no. 15197; Cambridge: National Bureau of Economic Research, 2009.
http://www.nber.org/papers/w15197

Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century; Raghuram G. Rajan and Rodney Ramcharan; NBER Working Paper Series No. 15083; Cambridge: National Bureau of Economic Research, 2009.
http://www.nber.org/papers/w15083

The Credit Crisis: Conjectures About Causes and Remedies; Douglas W. Diamond and Raghuram Rajan; NBER Working Paper Series No. 14739; Cambridge: National Bureau of Economic Research, 2009.
http://www.nber.org/papers/w14739

Foreign Capital and Economic Growth; Eswar S. Prasad, Raghuram G. Rajan and Arvind Subramanian; NBER Working Paper Series no. 13619; Cambridge: National Bureau of Economic Research, 2007.
http://www.nber.org/papers/w13619

India's Pattern of Development: What Happened, What Follows?; Raghuram Rajan, Utsav Kumar, Ioannis Tokatlidis, Kalpana Kochhar and Arvind Subramanian; International Monetary Fund, IMF Working Papers: 06/22, 2006.
http://www.imf.org/external/pubs/ft/wp/2006/wp0622.pdf

The Persistence of Underdevelopment: Institutions, Human Capital, or Constituencies?; Raghuram Rajan and Luigi Zingales; NBER working paper series ; no. w12093; Cambridge, Mass.: National Bureau of Economic Research, 2006.
http://www.nber.org/papers/w12093

India's Patterns of Development: What Happened, What Follows; Kalpana Kochhar, Utsav Kumar, Raghuram Rajan and Arvind Subramanian; NBER working paper series ; no. w12023; Cambridge, Mass.: National Bureau of Economic Research, 2006.
http://www.nber.org/papers/w12023

Has Financial Development Made the World Riskier?; Raghuram G. Rajan; NBER Working Papers Series no. 11728; Cambridge: National Bureau of Economic Research, 2005.
http://papers.nber.org/papers/W11728

What Undermines Aid's Impact on Growth?; Raghuram G. Rajan and Arvind Subramanian; NBER Working Papers Series no. 11657; Cambridge: National Bureau of Economic Research, 2005.
http://papers.nber.org/papers/W11657

Aid and Growth: What Does the Cross-Country Evidence Really Show?; Raghuram G. Rajan and Arvind Subramanian; NBER Working Papers Series no. 11513; Cambridge: National Bureau of Economic Research, 2005.
http://papers.nber.org/papers/W11513

Dollar Shortages and Crises; Raghuram Rajan; NBER Working Papers no.10845; Cambridge: National Bureau of Economic Research, 2004.
http://papers.nber.org/papers/W10845

Business Environment and Firm Entry : Evidence from International Data; Leora Klapper, Luc Laeven and Raghuram Rajan; NBER working paper series no. 10380.; Cambridge: National Bureau of Economic Research, 2004.
http://www.nber.org/papers/W10380

Are Perks Purely Managerial Excess?; Raghuram Rajan and Julia Wulf; NBER working paper series no. 10494.; Cambridge: National Bureau of Economic Research, 2004.
http://papers.nber.org/papers/10494

The Flattening Firm Evidence from Panel Data on the Changing Nature of Corporate Hierarchies; Raghuram Rajan and Julie Wolf; NBER working paper series no. 9633.; Cambridge: National Bureau of Economic Research, 2003.
http://papers.nber.org/papers/w9633

The Emergence of Strong Property Rights Speculations from History; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 9478.; Cambridge: National Bureau of Economic Research, 2003.
http://nber.org/papers/w9478

Banks and Markets : The Changing Character of European Finance; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 9595;; Cambridge: National Bureau of Economic Research, 2003.
http://papers.nber.org/papers/9595

Money in a Theory of Banking; Douglas W. Diamond and Raghuram Rajan; NBER working paper series no. 10070; Cambridge: National Bureau of Economic Research, 2003.
http://www.nber.org/papers/W10070

Liquidity Shortages and Banking Crises; Douglas W. Diamond and Raghuram Rajan; NBER working paper series no. 10071; Cambridge: National Bureau of Economic Research, 2003.
http://www.nber.org/papers/W10071

Liquidity Shortages and Banking Crises; Douglas W. Diamond and Raghuram Rajan; NBER working paper series no. 8937.; Cambridge: National Bureau of Economic Research, 2002.
http://papers.nber.org/papers/W8937

Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks; Allen N. Berger, Nathan H. Miller, Mitchell A. Petersen, Raghuram G. Rajan and Jeremy C. Stein; NBER Working Papers no.8752; Cambridge: National Bureau of Economic Research, 2002.
http://papers.nber.org/papers/8752

The Influence of the Financial Revolution on the Nature of Firms; Raghuram G. Rajan and Luigi Zingales; NBER working paper series no. 8177; Cambridge: National Bureau of Economic Research, 2001.
http://www.nber.org/papers/W8177

The Great Reversals : The Politics of Financial Development in the 20th Century; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 8178; Cambridge: National Bureau of Economic Research, 2001.
http://www.nber.org/papers/W8178

The Firm as a Dedicated Hierarchy : A Theory of the Origin and Growth of Firms; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 7546.; Cambridge: National Bureau of Economic Research, 2000.
http://www.nber.org/papers/W7546

The Governance of the New Enterprise
; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 7958.; Cambridge: National Bureau of Economic Research, 2000.
http://www.nber.org/papers/W7958

Banks, Short Term Debt and Financial Crises : Theory, Policy Implications and Applications; Douglas W. Diamond and Raghuram Rajan; NBER working paper series no. 7764.; Cambridge: National Bureau of Economic Research, 2000.
http://www.nber.org/papers/W7764

Does Distance Still Matter? : The Information Revolution in Small Business Lending; Mitchell A. Petersen and Raghuram Rajan; NBER working paper series no. 7685.; Cambridge: National Bureau of Economic Research, 2000.
http://papers.nber.org/papers/w7685

Liquidity Risk, Liquidity Creation and Financial Fragility : A Theory of Banking; Douglas W. Diamond and Raghuram Rajan; NBER working paper series no. 7430.; Cambridge: National Bureau of Economic Research, 1999.
http://papers.nber.org/papers/W7430

What Determines Firm Size?; Krishna B. Kumar, Raghuram Rajan and Luigi Zingales; NBER working paper series no. 7208.; Cambridge: National Bureau of Economic Research, 1999.
http://papers.nber.org/papers/w7208

A Theory of Bank Capital; Douglas W. Diamond and Raghuram Rajan; NBER working paper series no. 7431.; Cambridge: National Bureau of Economic Research, 1999.
http://papers.nber.org/papers/W7431

Banks as Liquidity Providers : An Explanation for the Co-Existence of Lending and Deposit-Taking; A. K. Kashyap, Raghuram Rajan and Jeremy C. Stein; NBER working paper series no. 6962; Cambridge: National Bureau of Economic Research, 1999.
http://papers.nber.org/papers/W6962

The Cost of Diversity: The Diversification Discount and Inefficient Investment; Raghuram G. Rajan, Henri Servaes and Luigi Zingales; National Bureau of Economic Research Working Paper no.6368; National Bureau of Economic Research, 1998.
http://papers.nber.org/papers/6368

Power in a Theory of the Firm; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 6274.; Cambridge: National Bureau of Economic Research, 1997.
http://www.nber.org/papers/w6274

Financial Dependence and Growth; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 5758.; Cambridge: National Bureau of Economic Research, 1996.
http://papers.nber.org/papers/5758

Trade Credit : Theories and Evidence; Mitchell A. Petersen and Raghuram Rajan; NBER working paper series no. 5602.; Cambridge: National Bureau of Economic Research, 1996.
http://www.nber.org/papers/W5602

The Tyranny of the Inefficient : An Enquiry into the Adverse Consequences of Power Struggles; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 5396.; Cambridge: National Bureau of Economic Research, 1995.
http://www.nber.org/papers/W5396

The Paradox of Liquidity; Stewart C. Myers and Raghuram Rajan; NBER working paper series no. 5143.; Cambridge: National Bureau of Economic Research, 1995.
http://www.nber.org/papers/W5143

Organization Structure and Credibility Evidence from Commercial Bank Securities Activities before the Glass-Steagall Act; Randy Kroszner and Raghuram Rajan; NBER working paper series no. 5256.; Cambridge: National Bureau of Economic Research, 1995.
http://papers.nber.org/papers/W5256

The Effect of Credit Market Competition on Lending Relationships; Mitchell Petersen and Raghuram Rajan; NBER working paper series no. 4921.; Cambridge: National Bureau of Economic Research, 1994.
http://papers.nber.org/papers/4921

What do We Know About Capital Structure? Some Evidence from International Data; Raghuram Rajan and Luigi Zingales; NBER working paper series no. 4875.; Cambridge: National Bureau of Economic Research, 1994.
http://papers.nber.org/papers/w4875

The Role of Firewalls in Universal Banks : Evidence from Commercial Bank Securities Activities before the Glass-Steagall Act; Randy Kroszner and Raghuram Rajan; Working paper no. 103; Chicago: George J. Stigler Center for the Study of the Economy and the State, University of Chicago, 1994.
http://research.chicagobooth.edu/economy/research/articles/103.pdf

Pricing Commodity Bonds Using Binomial Option Pricing; Raghuram Rajan; Policy, planning, and research working papers no. WPS 136; Washington, DC: World Bank, 1988.
http://go.worldbank.org/2UPMII0H20

Accessing Linked Articles  

Links to articles are, in most cases, to University of Chicago subscription databases. University of Chicago users who are off-campus will need to use IT Services' ProxyIt bookmarklet to authenticate themselves as authorized users. Vistors to our site may be able to get access through a local library; contact your local library for assistance.