January 31, 2008 | Faculty

Krishnamurthy Named Stuart Professor of Finance

By Megan Washburn
EVANSTON, Ill. --- Arvind Krishnamurthy, associate professor of finance in the Kellogg School of Management at Northwestern University, has been appointed Harold L. Stuart Professor of Finance.

Krishnamurthy conducts economic research in two general areas: asset pricing and financial markets in emerging economies. In both cases his focus is on the role of liquidity. Currently he is studying how central bank policy can help stabilize liquidity in financial markets.

In his work Krishnamurthy is able to combine a practical knowledge of financial markets with scholarly depth. Prior to attending graduate school, he was a fixed income trader for American International Group (AIG) Financial Products.

He has published more than a dozen articles, including Equilibrium Asset Prices and Investment under Imperfect Corporate Control, which received the Western Finance Association's 2003 best Corporate Finance paper award.

Krishnamurthy joined the Northwestern faculty in 1998.

Megan Washburn is director of media relations at Kellogg. Contact her at m-washburn@kellogg.northwestern.edu

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