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Ravi Bansal

J.B. Fuqua Distinguished Professor of Business Administration
Fuqua School of Business
Box 90120, Durham, NC 27708-0120
216F Fuqua Sch of Bus, Durham, NC 27708

Overview


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).

Current Appointments & Affiliations


J.B. Fuqua Distinguished Professor of Business Administration · 2008 - Present Fuqua School of Business
Professor of Business Administration · 2004 - Present Fuqua School of Business
Professor of Economics · 2004 - Present Economics, Trinity College of Arts & Sciences

In the News


Published March 28, 2019
Fuqua Professor Lauded for Landmark Paper

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Recent Publications


Socially Responsible Investing in Good and Bad Times

Journal Article Review of Financial Studies · April 1, 2022 We investigate the time variability of abnormal returns from socially responsible investing (SRI). Using portfolio regressions and event studies on multiple data sources, including analyst ratings, firm announcements, and realized incidents, we find that h ... Full text Cite

The term structure of equity risk premia

Journal Article Journal of Financial Economics · December 1, 2021 We estimate a regime-switching model for the equity term structure with Bayesian methods. Our approach accounts for the data sample being unrepresentative of the population distribution of regimes. We find that (i) the term structure of expected equity div ... Full text Cite

Risk Preferences and the Macroeconomic Announcement Premium

Journal Article Econometrica · January 1, 2018 This paper develops a revealed preference theory for the equity premium around macroeconomic announcements. Stock returns realized around pre-scheduled macroeconomic announcements, such as the employment report and the FOMC statements, account for 55% of t ... Full text Cite
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Education, Training & Certifications


Carnegie Mellon University · 1990 Ph.D.