Long run risks, the macroeconomy, and asset prices

Prof. Ravi Bansal is J.B. Fuqua Professor of Finance and Economics at Duke University and Research Associate at the NBER. He is a leader in the fields finance and macroeconomics and has published extensively in leading journals such as the Journal of Finance, American Economic Review and the Journal of Political Economy. His research provides new insights about the connections between economic growth and uncertainty to bond, equity, and currency markets. His pioneering work on identifying risks in capital markets, specifically long-run risks, is cited and discussed in the scientific background article for the 2013 Nobel Prize in Economics. Many of his PhD students have placed at leading academic institutions, central banks, and investment banks. In addition to Duke University, he has taught at Wharton School of Business, Stanford University, and the Indian School of Business. He earned his PhD from Carnegie Mellon University and prior to his doctorate, he studied at the Delhi School of Economics, Delhi University, and St. Xavier’s School (Delhi).