Anil K Kashyap

Anil Kashyap

Anil Kashyap is the Stevens Distinguished Service Professor of Economics and Finance at the University of Chicago’s Booth School of Business.  His research focuses on financial intermediation and regulation, the Japanese economy, macroeconomics and monetary policy.  He co-founded the U.S. Monetary Policy Forum (the leading private sector conference on US Monetary policy) and is a research associate for the National Bureau of Economic Research, and a research fellow for the Centre for Economic Policy Research.  He is a co-director of the Chicago Booth Kent A. Clark Center on Global Markets.

He has advised numerous government and international organizations, including the Cabinet Office of the Japanese Prime Minister, the European Central Bank, the Swedish Riksbank, the International Monetary Fund, the United States Congressional Budget Office and the Federal Reserve Banks of Chicago and New York.  He has testified before the U.S. Congress and the U.K. Parliament.  From 2016 to 2022, he was an external member of the Bank of England’s Financial Policy Committee.

He has taught courses on Corporation Finance, Advanced Macroeconomics, Understanding Central Banks, Analyzing Financial Crises and Anti-Money Laundering Laws.  He won the Emory Williams Award for Teaching Excellence at Chicago Booth in 2014.

Among the various awards he has received is the “The Order of the Rising Sun, Gold Rays with Neck Ribbon” from the Emperor of Japan, and appointment as an honorary Commander of the Most Excellent Order of the British Empire (CBE) from the King of England.  He received his Bachelor’s degree from the University of California at Davis and his PhD in economics from the Massachusetts Institute of Technology.  He is a first-generation Indian American.  

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Recent 

"Price Discrimination and Mortgage Choice" (with Jamie Coen and May Rostom), NBER Working Paper 31652, July 2024.

"Optimal Bank Regulation in the Presence of Credit and Run Risk", (with Dimitrios P. Tsomocos and Alexandros P. Vardoulakis), Journal of Political Economy 132(4), March 2024.

Anti-Money Laundering: Opportunities for Improvement” (with Kathryn Judge), Wharton Initiative on Financial Policy and Regulation White Paper, February 2024. 

“Is There Too Much Benchmarking in Asset Management?” (with Natalia Kovrijnykh, Jane Li, and Anna Pavlova), American Economic Review, April 2023, 113(4), pp. 1112-41.

Monetary Policy and Financial Stability: Governance Design Considerations” prepared for the “The Review of the Reserve Bank of Australia”, March 2023.

“What Happens in Vegas Doesn’t Stay in Vegas” in Edward Robinson, Claudio Borio and Hyun Song Shin, editors. Macro-Financial Stability Policy in a Globalised World: Lessons From International Experience. World Scientific Publishing Co Pte Ltd, 2023, pp. 59-72.

Monetary Policy When the Central Bank Shapes Financial-Market Sentiment “(with Jeremy C. Stein), Journal of Economic Perspectives, 37(1), Winter 2023, pp. 53-76. 




























Contact Me

The University of Chicago Booth School of Business
5807 South Woodlawn Avenue
Chicago, IL 60637

voice: (773) 702-7260
fax: (773) 753-0551

For speaking inquiries please contact Washington Speakers Bureau:
Meredith Graham, (833) 972-8255

email: anil.kashyap@ChicagoBooth.edu

assistant: Alissa Aviles, alissa.aviles@chicagobooth.edu, (773) 702-6324