description Viral Acharya Overview
Viral Acharya is an Indian-American economist who serves as the C.V. Starr Professor of Economics in the Department of Finance at New York University's Stern School of Business. His academic research focuses heavily on banking regulation, corporate finance, and the measurement and mitigation of systemic risk within the financial sector. From 2017 to 2019, Acharya took a public service leave from academia to serve as the Deputy Governor of the Reserve Bank of India, the country's central bank.
During his tenure, he advocated for stronger bank capital frameworks and the resolution of distressed financial assets.
help Viral Acharya FAQ
Where does economist Viral Acharya currently teach?
Viral Acharya serves as the C.V. Starr Professor of Economics in the Department of Finance at New York University's Stern School of Business. He is also a research associate at the National Bureau of Economic Research (NBER).
Did Viral Acharya ever work for a central bank?
Yes, Acharya served as the Deputy Governor of the Reserve Bank of India (RBI) from 2017 to 2019. During his tenure, he focused heavily on banking regulation and resolving India's problem of non-performing assets.
What are Viral Acharya's main academic research topics?
His academic research focuses heavily on banking regulation, corporate finance, and the measurement of systemic risk in financial markets. He has published extensively on how banks manage risks and the economic impacts of government bailouts.
Has Viral Acharya won any notable economic awards?
Yes, Acharya was awarded the inaugural Fischer Black Prize by the American Finance Association in 2013. The prize is awarded every two years to the top financial economist under the age of 40.
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