TARUN RAMADORAI Last modified: June 2024

http://www.tarunramadorai.com
Email: t.ramadorai[at]imperial.ac.uk

DATE OF BIRTH: 25 November 1974.

EDUCATION:

2003 Ph.D. in Business Economics, Harvard University.

1998 M.Phil. in Economics, Emmanuel College, University of Cambridge.
1996 B.A. in Mathematics and Economics, Williams College.

EMPLOYMENT:

2016 – Professor of Financial Economics, Imperial College, London.

2012 – 2016 Professor of Financial Economics, Saïd Business School, University of Oxford.
Visiting Professor, London School of Economics, 2015-2016.
2007 – 2012 Reader in Finance, Saïd Business School, University of Oxford.
Visiting London Business School, 2007-2008.
2003 – 2007 Lecturer in Finance, Saïd Business School, University of Oxford.

PROFESSIONAL AFFILIATIONS:

2022 – Director, European Finance Association.

2015 – Senior Nonresident Fellow, National Council for Applied Economic Research.
2013 – Research Fellow, Center for Economic Policy Research (CEPR). Founding
member, CEPR Network on Household Finance.
2012 – Senior Academic Fellow, Asian Bureau of Finance and Economics Research.
2017 – 2020 Member of the Governing Council, Society of Financial Studies.

EDITORIAL SERVICE:

2024 – Executive Editor, Review of Financial Studies.

2020 – 2024 Editor, Review of Financial Studies.
2016 – 2019 Associate Editor, Review of Financial Studies.
Associate Editor, Management Science.

APPOINTMENTS AND POLICY ADVISORY:

2016 – 2023 Co-Chair, Fintech Workstream, India-UK Financial Partnership (IUKFP).

2019 – 2022 Allocation Advisory Board Member, Norges Bank Investment Management.
2016 – 2017 Chair, Inter-Regulatory Committee on Household Finance, Reserve Bank of India.
2011 – 2013 Group of Economic Advisors, Committee for Economic and Markets Analysis,
European Securities and Markets Authority.
2011 – 2012 Visiting Scholar, Indian Prime Minister’s Economic Advisory Council.
RESEARCH INTERESTS:

Household Finance, Financial Economics, Behavioural Economics, Real Estate, International Finance.

PUBLISHED AND FORTHCOMING PAPERS:

36. Climate regulation and emissions abatement: Theory and evidence from firms' disclosures, 2024,
Management Science, forthcoming, with Federica Zeni.

35. Refinancing cross-subsidies in the mortgage market, 2024, Journal of Financial Economics, 158 (103876),
with Jack Fisher, Alessandro Gavazza, Lu Liu, and Jagdish Tripathy.

34. Who owns what? A factor model for direct stockholding, 2023, Journal of Finance, 78(3), 1545-1591, with
Vimal Balasubramaniam, John Y. Campbell, and Ben Ranish.

33. Reference dependence in the housing market, 2022, American Economic Review, 112(10), 3398-3440, with
Steffen Andersen, Cristian Badarinza, Lu Liu, and Julie Marx.

32. Gravity, counterparties, and foreign investment, 2022, Journal of Financial Economics, 145(2),132-152, with
Cristian Badarinza and Chihiro Shimizu.

31. Predictably unequal? The effects of machine learning on credit markets, 2022, Journal of Finance, 77(1),
5-47, with Andreas Fuster, Paul Goldsmith-Pinkham, and Ansgar Walther.
The Wharton School-WRDS Best Paper Award in Empirical Finance, Western Finance Association
Brattle Group First Prize: Best Corporate Finance Paper, Journal of Finance

30. Privacy, adoption, and truthful reporting: A simple theory of contact tracing applications, 2021,
Economics Letters, 198(Art. 109676), with Yves-Alexandre de Montjoye, Tommaso Valletti, and Ansgar
Walther.

29. Learning from noise: Evidence from India’s IPO lotteries, 2021, Journal of Financial Economics, 140(3),
965-986, with Santosh Anagol and Vimal Balasubramaniam.

28. Household finance, 2021, Journal of Economic Literature, 59(3), 919-1000, with Francisco Gomes and
Michael Haliassos.

27. Heterogenous taxes and limited risk sharing: Evidence from municipal bonds, 2021,
Review of Financial Studies, 34(1), 509–568, with Tania Babina, Chotibhak Jotikasthira, and Chris Lundblad.
James A. Lebenthal Excellence in Municipal Finance Research Prize.

26. Sources of inaction in household finance: Evidence from the Danish mortgage market, 2020,
American Economic Review, 110(10), 3184-3230, with Steffen Andersen, John Y. Campbell, and Kasper
Meisner-Nielsen.

25. The household finance landscape in emerging economies, 2019, Annual Review of Financial Economics, 11,
109-129, with Cristian Badarinza and Vimal Balasubramaniam.

24. Do the rich get richer in the stock market? Evidence from India, 2018, American Economic Review: Insights,
1(2), 225-240, with John Y. Campbell and Benjamin Ranish.
23. Endowment effects in the field: Evidence from India's IPO lotteries, 2018, Review of Economic Studies,
85(4), 1971-2004, with Santosh Anagol and Vimal Balasubramaniam.

22. Home away from home? Foreign demand and London house prices, 2018, Journal of Financial Economics,
130, 532-555, with Cristian Badarinza.

21. What calls to ARMs? International evidence on interest rates and the choice of adjustable rate
mortgages, 2018, Management Science, 64:5, 2275-2288, with Cristian Badarinza and John Y. Campbell.

20. International comparative household finance, 2016, Annual Review of Economics, 8, 111-144, with Cristian
Badarinza and John Y. Campbell.

19. Volatility risk premia and exchange rate predictability, 2016, Journal of Financial Economics, 120, 21-40,
with Pasquale Della Corte and Lucio Sarno.

18. The impact of hedge funds on asset markets, 2015, Review of Asset Pricing Studies, 5, 185-226, with
Mathias Kruttli and Andrew Patton.
Best paper prize, Financial Management Association Napa Conference.
SFS Finance Cavalcade/Review of Asset Pricing Studies Keynote Paper.

17. The impact of regulation on mortgage risk: Evidence from India, 2015, American Economic Journal:
Economic Policy, 7, 71-102, with John Y. Campbell and Benjamin Ranish.

16. Change you can believe in? Hedge fund data revisions, 2015, Journal of Finance, 70, 963-999, with
Andrew Patton and Michael Streatfield.

15. Trade credit and cross-country predictable firm returns, 2015, Journal of Financial Economics, 115, 592-
613, with Rui Albuquerque and Sumudu Watugala.
INQUIRE Europe third prize.

14. Levelling the trading field, 2014, Journal of Financial Markets, 17, 65-93, with David Easley and Terry
Hendershott.

13. How do foreign investors impact domestic economic activity? Evidence from India and China, 2013,
Journal of International Money and Finance, 39, 89-110, with Chotibhak Jotikasthira and Chris Lundblad.

12. Does one size fit all? The consequences of switching markets with different regulatory standards, 2013,
European Financial Management, 19, 852-886, with Tim Jenkinson.
Best paper prize, Financial Analysts Journal and CFA Institute.

11. Limits to arbitrage and hedging: Evidence from commodity markets, 2013, Journal of Financial Economics,
109, 441-465, with Viral Acharya and Lars Lochstoer.
Viz Risk Management best paper prize, European Finance Association.

10. On the high-frequency dynamics of hedge fund risk exposures, 2013, Journal of Finance, 68, 597–635,
with Andrew Patton.

9. Capacity constraints, investor information, and hedge fund returns, 2013, Journal of Financial Economics,
107, 401-416.

8. Asset fire sales and purchases and the international transmission of funding shocks, 2012, Journal of
Finance, 67, 2015-2050, with Chotibhak Jotikasthira and Chris Lundblad.
7. The secondary market for hedge funds and the closed hedge fund premium, 2012, Journal of Finance, 67,
479-512.

6. Caught on tape: Institutional trading, stock returns, and earnings announcements, 2009, Journal of
Financial Economics, 92, 66-91, with John Y. Campbell and Allie Schwartz.

5. Hedge funds: Performance, risk, and capital formation, 2008, Journal of Finance, 63, 1777-1803, with
William Fung, David A. Hsieh and Narayan Y. Naik.
Finalist for the Smith-Breeden prize.

4. Institutional portfolio flows and international investments, 2008, Review of Financial Studies, 21, 937-972,
with Kenneth A. Froot.

3. What determines transactions costs in foreign exchange markets? 2008, International Journal of Finance and
Economics, 13, 14-25.

2. Capacity constraints and hedge fund strategy returns, 2007, European Financial Management, 13, 239-256,
with Narayan Y. Naik and Maria Stromqvist.
Best paper prize, INQUIRE UK.

1. Currency returns, intrinsic value and institutional investor flows, 2005, Journal of Finance, 60(3), 1535-
1566, with Kenneth A. Froot.
Finalist for the Smith-Breeden prize.

WORKING PAPERS:

8. Housing and fertility, 2024, with Bernardus van Doornik, Dimas Fazio, and Janis Skrastins.

7. Diffuse bunching with frictions: Theory and estimation, 2024, with Santosh Anagol, Allan Davids, and
Benjamin Lockwood.

6. Behavioral lock-in: Aggregate implications of reference dependence in the housing market, 2024, with
Cristian Badarinza, Juhana Siljander, and Jagdish Tripathy.

5. In search of the matching function in the housing market, 2024, with Cristian Badarinza and Vimal
Balasubramaniam.

4. Heterogeneous mortgage choice: Evidence from Denmark, 2023, with Steffen Andersen, John
Campbell, Joao Cocco, and Chris Hansman.

3. A bad bunch: Asset value under-reporting in the Mumbai real estate market, 2023, with Santosh Anagol,
Vimal Balasubramaniam, Benjamin Lockwood, and Antoine Uettwiller.

2. Algorithm aversion: Theory and evidence from robo-advice, 2023, with Fiona Greig, Alberto Rossi,
Steve Utkus, and Ansgar Walther.

1. The market for data privacy, 2022, with Antoine Uettwiller and Ansgar Walther.
BOOK CHAPTERS AND POLICY PAPERS:

4. Indian Household Finance: Report of the RBI-constituted Inter-Regulatory Committee on Household

Finance, August 2017.

3. The Indian household finance landscape, 2017, India Policy Forum, 13, with Cristian Badarinza and Vimal
Balasubramaniam.
Lead article.

2. Fama, Hansen, and Shiller: Nobelists 2013, VoxEU invited article.

1. Institutional Investors, in H. Kent Baker and John Nofsinger (eds.) Behavioral Finance: Investors,
Corporations, and Markets. Hoboken, NJ: John Wiley & Sons, Inc., October 2010.

OLDER WORKING PAPERS:

5. The international CAPM redux, 2015, with Francesca Brusa and Adrien Verdelhan.

4. Getting better or feeling better? How equity investors respond to investment experiences, 2014, with
John Y. Campbell and Benjamin Ranish.

3. Long-run discounting: Evidence from the UK leasehold valuation tribunal, 2014, with Cristian
Badarinza.

2. Money for nothing? Understanding variation in reported hedge fund fees, 2011, with Michael Streatfield.

1. On the dynamics of hedge fund risk exposures, 2010, with Andrew Patton.

UNIVERSITY SERVICE:

Imperial College: (College) Co-Chair, India Task and Finish Group, 2021, Member, Partnerships
Working Group 2021-2022 (Business School) Co-Director, PhD in Finance, 2022- ; Coordinator,
COVID-19-related Research Initiative 2020; Director, PhD in Finance, 2016-2020; Performance Review
Committee, 2017-2020; Finance Recruiting Committee, 2016-2017, 2021-2022. Various Formal Academic
Mentoring, Appointment, PhD Evaluation, and Tenure Review Committees, 2016-present.

Saïd Business School, University of Oxford: Executive Committee, Oxford-Man Institute of

Quantitative Finance, 2007-2016. Director, Oxford-Fidelity Research Alliance, 2010-2012; University of
Oxford India Strategy Working Group, 2010-2016; SBS Doctoral Committee, 2013-2016; SBS Research
Committee, 2011-2013; SBS MFE Committee, 2009-2011; Chairman, SBS MFE Examiners, 2010-2011;
Lead Academic, India Business Centre Initiative, University of Oxford 2006-2010; SBS MBA Committee
2008-2009; SBS Research Committee 2007-2008; St. Catherine’s College Finance Committee, 2003–2005;
Various Formal Academic Mentoring, Appointment, and Tenure Review Committees, 2007-2016.

HONOURS, PRIZES, GRANTS, KEYNOTES, INVITED TALKS:

2024 Keynote speaker: “The role of financial markets in optimal taxation and enforcement,”
13th MoFIR Workshop on Banking, organized by European Bank for
Reconstruction and Development, QMUL, CEPR.
Keynote speaker: “The role of financial markets in optimal taxation and enforcement,”
12th European Banking Center Conference—2nd Tilburg Finance Summit.
2023 Brattle group first prize: Best corporate finance paper in the Journal of Finance (for
“Predictably unequal: The effects of machine learning on credit markets.”)
Keynote speaker: Financial Risks International Forum organized by the Institut Louis
Bachelier, Fondation du Risque, and the Europlace Institute of Finance.
Keynote speaker: “Artificial Intelligence and Financial Stability.” South African
Reserve Bank and University of Cape Town Conference.

2022 Keynote speaker: SFS Cavalcade Asia-Pacific.

Keynote speaker: Review of Corporate Finance Studies, SFS Finance Cavalcade.
Invited speaker: Technology-Enabled Disruption Conference, Federal Reserve Banks
of Atlanta, Dallas, and Richmond.
Inaugural lecture: Imperial College, “Household Finance: The Structure Beneath the
Surface.”
Keynote speaker: Bank of England-Imperial-LSE Conference on Household Finance
and Housing.
Keynote speaker: AI & Machine Learning in Finance, Swedish House of Finance
Annual Conference.
Keynote speaker: Indian Institute of Technology Bombay (IIT-B) International
Conference on Financial Markets and Corporate Finance.
Keynote speaker: Reserve Bank of India College of Supervisors on “Risks and
Opportunities for AI in Finance.”

2021 Keynote speaker: Danish Finance Institute Annual Conference.

Keynote speaker: Dvara Research Conference on Household Finance.
Invited speaker: “Demand-based asset pricing,” Virtual Finance Seminar.

2020 Invited panelist: Editors Panel, NBER Household Finance Conference

Invited speaker: Bank of England Conference on “The Impact of Machine Learning
and AI on the UK Economy.”
Invited panelist: “Indian Bond Markets,” NSE-NYU Conference on Indian Financial
Markets.

2019 Keynote speaker: University of Cambridge Judge Business School Conference on

Artificial Intelligence and Machine Learning in Finance, The Royal Society, London.
Keynote speaker, King’s Business School Conference on Financial Markets,
London.
The Wharton School-WRDS Best Paper Award in Empirical Finance: Western Finance
Association, “Predictably Unequal? The Effect of Machine Learning on Credit
Markets” (with Andreas Fuster, Paul Goldsmith-Pinkham, and Ansgar Walther).
Keynote speaker: Reserve Bank of India CAFRAL Conference on Financial
Intermediation in Emerging Markets.
Invited speaker: “AI and Machine Learning in Securities Markets,” Securities and
Exchange Board of India (SEBI).

2018 Keynote speaker: KDD Data Science in Fintech workshop.

2017 Invited speaker: IGIDR Household Finance Workshop.

Invited Focus Session Organizer: CEPR Summer Symposium in Financial Economics.

2016 Keynote speaker: Bank of England Conference on Financial Determinants of

Exchange Rates.
 Keynote speaker: Journal of International Business Studies conference, London.
Keynote paper: Review of Asset Pricing Studies, SFS Finance Cavalcade “The impact
of hedge funds on asset markets.”

2015 James A. Lebenthal Excellence in Municipal Finance Research Prize: with Tania Babina,
Pab Jotikasthira, and Chris Lundblad)
Keynote speaker: Bombay Stock Exchange, CDSL, and Bombay First Speaker Series.
Invited panelist: BSE-IMC-NIPFP Roundtable on India’s Budget 2015-16: The next
wave of financial sector reforms.

2014 Keynote speaker: Imperial College Business School Conference on International

Finance.
Keynote speaker: Bombay Stock Exchange and Bombay First Speaker Series.
Best paper prize: FMA Napa Conference.

2013 Keynote speaker: Indian Institutes of Management (IIM) India Finance Conference.
Keynote speaker: Singapore Management University Hedge Fund Conference.
INQUIRE Europe third prize: with Rui Albuquerque and Sumudu Watugala).
Keynote speaker: European Financial Management Association Annual Meeting.
Invited panelist: National Housing Bank of India and Asia Pacific Union for Housing
Finance conference on “Housing: An Engine for Inclusive Growth.”

2012 Best paper prize: Financial Analysts Journal and CFA Institute – Conference on
Financing Public and Private Firms: Fraud, Ethics and Regulation.
Keynote speaker: National Housing Bank-CAFRAL Housing Finance Conference.

2011 Alfred P. Sloan Foundation research grant: with John Y. Campbell, for “International
comparative household finance.”

2010 International Growth Centre (IGC) research grant: with John Y. Campbell, for
“Household finance in India.”

2009 BNP Paribas hedge fund centre research grant: for “Asset fire sales and purchases and the
international transmission of funding shocks.”
Viz Risk Management prize: for best paper on energy markets, securities and prices,
European Finance Association “Limits to arbitrage and hedging: Evidence from
commodity markets.”
Best external speaker: State Street Bank European Quantitative Forum.

2008 Finalist for the Smith-Breeden prize: for the best paper published in the Journal of Finance
for “Hedge funds: Performance, risk and capital formation.”
INQUIRE Europe research grant: for “Investor interest and hedge fund returns.”

2007 BSI Gamma Foundation research grant: with Viral Acharya and Lars Lochstoer.
INQUIRE UK best paper prize: with Narayan Naik and Maria Stromqvist.

2006 University of Oxford research development grant.

2005 Finalist for the Smith-Breeden prize: for the best paper published in the Journal of Finance
for “Currency returns, intrinsic value and institutional investor flows.”
2004 BSI Gamma Foundation research grant: with David Hsieh, William Fung and Narayan
Naik.
INQUIRE UK research grant: with Narayan Naik.

2003 Morgan Stanley equity microstructure research grant: with John Y. Campbell and Tuomo
O. Vuolteenaho.

2000 – 2003 Douglas Dillon fellowship: Harvard University.

1996 – 1998 Herchel Smith fellowship: for graduate study at University of Cambridge.

1996 Carl VanDuyne memorial prize in Economics: Williams College

Jack Larned thesis prize: Williams College;
Highest Honors in Economics, Phi Beta Kappa, Magna cum laude: Williams College

CONFERENCE COMMITTEES:

2016 – Micro and Macro Implications of Household Behaviour and Financial Decision-
Making: Founder and programme committee member (with Richard Blundell,
Benjamin Moll, Michael Haliassos, Chris Hansman, Can Karabulut, Peter Levell,
and Polly Simpson).
Program and Scientific committees: CEPR Conference on Household Finance,
CEPR Finance Symposium.

2004 – 2021 Adam Smith Asset Pricing (ASAP) and Corporate Finance (ASCF) Workshops:
Founder and programme committee member (with Raman Uppal and Dimitri
Vayanos).
CEPR Conference on Household Finance: Founder and programme committee
member.
Session Chair: Household Finance, American Finance Association (2021).
Program and Scientific committees: Indian School of Business Finance Conference,
European Finance Association, Western Finance Association, SFS Finance
Cavalcade.

2015 Session Chair: International Asset Pricing, American Finance Association, Program
and Scientific committees: SoFiE conference, Indian School of Business Finance
Conference, European Conference on Household Finance, European Finance
Association, SFS Finance Cavalcade, IGIDR Emerging Markets Finance
Conference.

2014 Co-organizer: Oxford-Harvard-Sloan conference on Household Behavior in Risky

Asset Markets: An International Perspective (with John Y. Campbell and Luis
Viceira). Program and Scientific committees: SoFiE conference, Indian School of
Business Finance Conference, IGIDR Emerging Markets Finance Conference,
Darden International Finance Conference, McGill/JFQA Global Asset
Management Conference, European Conference on Household Finance.

2013 Track Chair, Empirical Financial Intermediation, European Finance Association

Meetings. Program and Scientific committees: SFS Finance Cavalcade, OMI
Currency Trading and Risk Premia conference, SoFiE conference, European
 Conference on Household Finance, IGIDR Emerging Markets Finance
Conference, McGill/RFS Global Asset Management Conference.

2012 Co-organizer: Oxford-Harvard-Sloan conference on Household Behavior in

Mortgage and Housing Markets: An International Perspective (with John Y.
Campbell); NBER-Saïd-CFS-EIEF Conference on Household Finance. Program
and Scientific committees: Darden International Finance Conference, McGill/RFS
Global Asset Management Conference, IGIDR Emerging Markets Finance
Conference, Paris Hedge Fund Conference.

2011 Program committees: European Finance Association, SFS Finance Cavalcade,

Darden International Finance Conference, SoFiE conference, Paris Hedge Fund
Conference.

2010 Program committees: Darden International Finance Conference, Financial

Intermediation Research Society, Paris Hedge Fund Conference.

2011 – 2012 CEPR European Summer Symposium in Financial Markets, Gerzensee. Co-
organizer (Asset Pricing).

2009 – 2011 Scientific Committee, Oxford-Man Institute Hedge Fund Conference.

2007 – 2009 Prize Committee, Institute for Quantitative Investment Research (INQUIRE UK).

SEMINARS, TALKS, AND DISCUSSIONS:

2024 Said Business School, Oxford; CEPR European Workshop on Household Finance.

2023 American Finance Association (session chair, Asset Pricing: Household Finance);
American Economic Association (Structural Behavioral Finance); Institut Louis
Bachelier Keynote; University of Cambridge Judge Business School; NBER Public
Economics Spring Meeting; NBER Behavioral Finance Spring Meeting; India-UK
Financial Partnership at the India-UK Economic and Financial Dialogue; Georgia
Tech Finance Seminar; Emory University Goizueta Business School Finance
Seminar; University of Miami Finance Seminar, Bocconi Finance Seminar;
University of Chicago Booth Business School Finance Seminar, Red Rock Finance
Conference, Columbia Business School Finance Seminar, Institute for Fiscal
Studies, Guanghua School of Management, Peking University National School of
Development, Princeton University Bendheim Center Finance Seminar.

2022 University of Oregon Finance Seminar, Northwestern Kellogg School of Business

Finance Seminar, Washington University St. Louis Finance Seminar, NYU Stern
Finance Seminar, UCSD Finance Seminar, University of Washington Seattle Foster
School of Business Finance Seminar, SFS Finance Cavalcade RCFS Keynote, SFS
Cavalcade Asia-Pacific Keynote, Vanguard, London Business School Finance
Seminar, SHoF Annual Conference Keynote, Stanford Institute for Theoretical
Economics Financial Regulation Conference, Stanford Institute for Theoretical
Economics IO of Consumer Finance and Healthcare Conference, UC Berkeley
Haas Real Estate Seminar, University of Copenhagen CEBI Seminar, Wharton
Business School Finance Seminar, University College London Finance Seminar,
University of Houston Finance Seminar.
2021 European Bank for Reconstruction and Development, Case Western Reserve
Finance Seminar, UT Austin Finance Seminar, Frankfurt School of Finance and
Management, Stanford GSB Finance Seminar, Goethe University, Nanyang
Technical University, INSEAD Finance Symposium, Federal Reserve Board,
Cornell Household and Behavioral Finance Symposium, King’s College London
Finance Seminar, Virtual Finance Seminar, Bank of England-Imperial-LSE
Conference on Household Finance and Housing, London School of Economics
Finance Seminar.

2020 Guanghua School of Management (Peking University) Online Seminar, HEC

Online Finance Conference, Western Finance Association (x2), European Finance
Association, Econometric Society World Congress, Stanford Institute for
Theoretical Economics Financial Regulation Conference, Stockholm School of
Economics, Chinese University of Hong Kong Finance Webinar, Carnegie Mellon
Tepper School Finance Seminar, NOVA Business School Finance Seminar, MIT
Finance Seminar, Banco de Espana, CU-Boulder Finance Seminar, Dartmouth
Finance Seminar, University of Cyprus Finance Seminar, Columbia University
Finance Seminar, NBER Big Data in Securities Markets, NBER Innovative Data in
Household Finance (invited panelist).

2019 London School of Economics Urban and Regional Economics Seminar, Wharton
Applied Economics Seminar, CEPR European Household Finance Conference
(x2), FCA Household Finance Conference, Bank of England, Goethe University
(Money and Macroeconomics Seminar), Luxembourg School of Finance, Western
Finance Association, NBER Summer Institute (IT & Digitization Session), Stanford
Institute for Theoretical Economics Financial Regulation Conference, UC Berkeley
Haas Real Estate Seminar (x2), Helsinki Economics Seminar, Rice University, UT
Dallas, Southern Methodist University, U Chicago Stevanovich Center, U Michigan
Ross Finance Seminar, Harvard Finance Seminar.

2018 Bank of England Financial Intermediation Conference, Adam Smith Workshop,

New York University India Seminar, Boston College, SFS Finance Cavalcade, Paul
Woolley Conference, Warwick Business School, European Central Bank, European
Household Finance Conference, NBER Household Finance, Stanford Institute for
Theoretical Economics Financial Regulation Conference, Tinbergen Institute,
EDHEC, European Central Bank, USC Finance, UCLA Finance.

2017 American Finance Association Meetings, IGIDR Household Finance Workshop

(Invited speaker), India-UK Fintech Conference, European Household Finance
Conference, ABFER Conference, IFS-Imperial Housing and Macro Conference,
Gandhi Centre Conference, NBER ISOM Meeting, India Policy Forum, CEPR
Summer Symposium (Focus Session), Norges Bank Research Workshop, NYU
Stern, University of Rochester, Lund University, FARFE Boston, CEMFI.

2016 NBER Behavioral Finance Meetings, American Finance Association Meetings

(Presenter and Discussant), Imperial College Business School, Goethe University,
London Business School, Birkbeck College, Institute for Fiscal Studies Economics
of Development Policy Workshop, Tilburg University, London School of
Economics, SDA Bocconi School of Management, Banca d’ Italia.
2015 Western Finance Association Meetings (Presenter and Discussant), Yale School of
Management Finance Seminar, NUS-IRES Singapore Conference on Real Estate,
University of Amsterdam Safe Assets Workshop, NBER Summer Institute
International Asset Pricing Meeting, NBER Summer Institute Household Finance
Meeting, Helsinki Finance Conference, University of Miami, HSE-LSE Moscow
Conference, London School of Economics (Paul Woolley Centre), IGIDR
Emerging Markets Finance Conference.

2014 NBER Summer Institute Household Finance Meeting, NBER Spring Asset Pricing
Meeting, MIT Sloan School of Management Finance Seminar, University of Illinois
at Urbana-Champaign, University of Texas at Austin, Imperial College (Keynote
Lecture), American Finance Association, American Economic Association, Cass
Business School, Adam Smith Asset Pricing (ASAP) Conference, Asian Bureau of
Finance and Economics Research Meetings.

2013 Indian Institutes of Management (IIM) India Finance Conference (Keynote

Lecture), IGIDR Emerging Markets Finance Conference, Duisenberg Institute,
Dutch National Bank, Copenhagen Business School, HEC Paris, INSEAD,
European Finance Association Meetings, National Securities Depository of India,
NBER Summer Institute Asset Pricing Meetings, NBER Summer Institute
Household Finance Meetings, Asian Bureau of Finance and Economics Research
Inaugural Meetings, NUS-IRES Symposium on Real Estate Finance, American
Finance Association, Austrian Central Bank, Oxford-Man Institute Conference on
Currency Trading and Risk Premia, NBER Behavioral Economics and Behavioral
Finance Working Group Meetings, NIPFP.

2012 National Housing Bank-CAFRAL Housing Finance Conference (Keynote Lecture),

National Stock Exchange of India, IGIDR Emerging Markets Finance Conference,
NIPFP-DEA-JIMF Neemrana Conference, International Growth Centre, Swiss
Finance Institute Public Lecture, Einaudi Institute of Economics and Finance
Rome, National Securities Depository of India, European Economic Association
(Invited Session), Indian Institute of Management Bangalore, NBER Summer
Institute - Household Finance, European Financial Management Association
(Invited Plenary), Financial Services Authority London, Paris Hedge Fund
Conference, NIPFP-DEA Conference on International Capital Flows, Securities
and Exchange Board of India, Man Investments India Symposium, Harvard
Business School, The World Bank, Rhodes Global Scholars Symposium, Hong
Kong University of Science and Technology Finance Symposium.

2011 American Finance Association (presenter and discussant), HEC Lausanne, Paris
Hedge Fund Conference, 10th Annual Darden International Finance Conference,
Vanderbilt Owen Graduate School of Management, European Finance Association
(presenter and discussant), University of North Carolina (Chapel Hill), Indian
Statistical Institute, NIPFP, ICRIER G-20 Conference, NCAER, CAFRAL.

2010 American Finance Association (presenter and discussant), London School of

Economics, Duke University Financial Econometrics, Duke Fuqua School of
Business, 9th Annual Darden International Finance Conference, EDHEC Business
School, Helsinki School of Economics, University of Pompeu-Fabra, Cass Leading
Lights in Fund Management Conference, NIPFP-DEA Conference on
International Capital Flows, University of Lugano, Tilburg University, Erasmus
University, University of Piraeus, CFA European Investment Conference, Warwick
 Business School, INQUIRE Europe Meetings, Imperial College, Imperial College
Hedge Fund Conference.

2009 London Business School, University of Amsterdam, State Street Bank European
Quantitative Forum, Global Alternative Investment Management Conference
(GAIM Monaco), Norwegian School of Management, University of Massachusetts
at Amherst, NIPFP-DEA Conference on International Capital Flows, Imperial
College Hedge Fund Conference.

2008 American Finance Association (session chair (Hedge Funds), and presenter),
INQUIRE Europe Meetings, University of Virginia (Darden Business School),
Western Finance Association, University of North Carolina (Chapel Hill), CEPR-
European Corporate Governance Institute, Imperial College Hedge Fund
Conference, Hong Kong University of Science and Technology Finance
Symposium, London Business School.

2007 American Finance Association (presenter and discussant), NBER Spring Market
Microstructure Program Meeting, CEPR conference at Gerzensee, University of St.
Gallen, Swedish Institute of Financial Research Private Equity conference.
2006 Stockholm School of Economics, Swedish Institute of Financial Research,
INSEAD, Western Finance Association, EFMA conference (special session), Hong
Kong Monetary Authority, Singapore Management University, CEPR conference at
Gerzensee.

2005 University of Warwick, London School of Economics, University of Amsterdam,

European Central Bank, Indian School of Business.

2004 NBER Market Microstructure Meeting, Stockholm School of Economics, Swedish

Institute of Financial Research, European Finance Association Annual Meetings,
Morgan Stanley Microstructure Research Conference.

2003 American Finance Association.

2002 NBER Spring International Finance and Macroeconomics Program Meeting.

2001 European Financial Management Association Annual Meetings, NBER Conference

on Management of Currency Crises.

PRINCIPAL SUPERVISOR OF PHD STUDENTS AND POST-DOCS:

Current Students and post-docs (First Placement):

Aditya Polisetty (Ongoing)
Juhana Siljander (Ongoing)
Paige Weisman (Ongoing)
Eduard Seyde (Ongoing)

Past Students and post-docs (First Placement):

Cristian Badarinza (National University of Singapore)
Vimal Balasubramaniam (Warwick Business School)
Louiza Bartzoka (Copenhagen Business School)
Francesca Brusa (Temple University)
Mathias Kruttli (Federal Reserve Board, Research Department)
Lu Liu (Wharton Business School, Finance Group)
Michael Streatfield (Founding Partner and Head of Research at FVC Advisors)
Antoine Uettwiller (Queen Mary University of London)
Sumudu Watugala (Cornell University)
Federica Zeni (World Bank)

REFEREEING:

American Economic Review, Economic Journal, Journal of Applied Econometrics, Journal of Empirical Finance, Journal of
Financial Intermediation, Journal of Finance, Journal of Financial Economics, Journal of Financial Markets, Journal of
Financial and Quantitative Analysis, Journal of International Economics, Journal of Political Economy, Management
Science, Quarterly Journal of Economics, Review of Economic Studies, Review of Economics and Statistics, Review of
International Economics, Review of Finance, Review of Financial Studies.

TEACHING:

2019 – Big Data in Finance (MSc Fintech), Imperial.

2016 – Big Data in Finance (MSc Finance, IWRM, Finance and Accounting), Imperial.

2017 – Household Finance (PhD Finance), Imperial.

2016 – 2018 Big Data in Finance (MSc Business Analytics), Imperial.

2016 – 2018 Behavioural Finance (MBA), Imperial.

2003 – 2007,
2011, 2013 – 2016 Behavioural Finance (MBA/MFE), Oxford.

2005 – 2016 Empirical Asset Pricing (MFE), Oxford.

2015 – 2016 Programme Director, The Oxford Investment Management Programme

2013 – 2016 Programme Director, KPMG-Oxford Investment Management Custom

Programme

2009 – 2014 Programme Director, The Oxford Global Investment Risk Management
Programme (offered in association with the CFA Institute)

2009 – 2012 International Financial Management (MBA/MFE), Oxford.

2008– 2009 Equity Investment Management ((London Business School MBA/MiF/Executive

MBA); Behavioural Finance (London Business School MBA/MiF/Executive MBA)

2007 – 2009 Hedge Funds (MBA/MFE), Oxford.

2003 – 2005 Finance I (MBA), Oxford.

OTHER POLICY APPOINTMENTS:

2012 – 2014 Hon. Advisor, National Institute of Public Finance and Policy, New Delhi.

2012 – 2013 Hon. Advisor, Technical Team, Fin. Sector Legislative Reforms Commission, India.

INDUSTRY ENGAGEMENT:

Member of Asset Allocation Advisory Board, Norges Bank Investment Management, 2019-2022.

Custom Executive Education Programmes and Invited Talks for: KPMG, OxAM, China Commercial
Bank (CCB), Industrial and Commercial Bank of China (ICBC), Norges Bank, Investment Management
Consultants Association, CFA Institute, KPMG, 2003-2016.

Consulting for: KPMG, Man Investments, Rio Tinto, TMF, Global Macro Hedge Funds, 2003-2016.

Startup mentoring, 2020-present.

MEDIA COVERAGE:

See http://www.tarunramadorai.com/.

OTHER PUBLICATIONS:

5. Op-ed column for the Mint newspaper, India’s second largest circulating financial daily. November
2013-2019.

4. Op-ed column for the Economic Times newspaper, world’s largest circulating financial daily. October
2012-September 2013.

3. Op-ed column for the Financial Express newspaper, India’s oldest financial daily. December 2009 to
March 2011.

2. The Statesman, (2001), Censorship: An International Encyclopedia, Fitzroy Dearborn.

1. Press censorship during the Emergency of 1975 in India, (2001) with Sanjoy Bhattacharya, Censorship:
An International Encyclopedia, Fitzroy Dearborn.