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Ram Yamarthy

I am a 5th Year PhD Student in the Finance Department. I am interested in the connections between macroeconomic and financial market movements, using time series methods and dynamic structural models. I also have interest in policy-related issues.

Recent work focuses on the macroeconomic implications of firm-level credit market freezes. 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.



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



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)



"What are the Macroeconomic Consequences of Rollover Risks?" 

"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)



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



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



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)



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