Photo of Ram Yamarthy

Ram Yamarthy

I am a PhD student and job market candidate at Wharton Finance. I will be available for interviews at the 2017 ASSA meetings in Chicago.

My job market paper examines how corporations dynamically manage debt maturity in the face of investment opportunities and costly default. Other papers examine the effects of monetary policy on the US term structure of interest rates, as well as the quantitative impact of intermediation-related contracting frictions on asset prices.

 

CONTACT INFORMATION: 

2420A Steinberg-Dietrich Hall, 3620 Locust Walk, Philadelphia, PA 19104

yamarthy@wharton.upenn.edu

(732) 647-5659

 

RESEARCH INTERESTS: 

Asset Pricing, Dynamic Corporate Finance, Macroeconomics, Time Series Econometrics, Policy-related Issues

 

EDUCATION: 

The Wharton School, University of Pennsylvania (2011 - Present)

-- Ph.D. in Finance (In Progress)

-- M.A. in Finance (Completed)

 
Stern School of Business, New York University (2007 - 2011)

-- B.S. in Economics, B.A. in Mathematics (Magna Cum Laude)

 

WORKING PAPERS: 

"Corporate Debt Maturity Tradeoffs and the Real Economy" (JOB MARKET PAPER)

"Monetary Policy Risks in the Bond Markets and Macroeconomy" (with Ivan Shaliastovich)

"Carlstrom and Fuerst meets Epstein and Zin: the Asset Pricing Implications of Contracting Frictions" (with João Gomes and Amir Yaron)

 

WORK-IN-PROGRESS: 

"Investor Sentiment and Business Cycle Co-Movements" (with Mark Clements)

 

PUBLICATIONS: 

"The Effect of Credit Shocks on Bond Yields" -- Best Paper Award, Journal of Undergraduate Research in Finance 2011

 

HONORS AND AWARDS:

Dissertation Fellowship, Macro-Financial Modeling (MFM) group at Becker Friedman Institute, University of Chicago (Fall 2015)

American Finance Association Travel Grant (Spring 2015)

Jacobs Levy Equity Management Dissertation Fellowship in Quantitative Finance (Fall 2014)

Wharton Doctoral Travel Grant (Summer: 2014, 2015)

Dean's Fellowship for Distinguished Merit (Fall 2011)

 

OTHER EXPERIENCE:

Dissertation Internship, Board of Governors of the Federal Reserve System, Washington, DC (Summer 2014)