Dr. Nirupama Kulkarni is Professor at CAFRAL. She is an applied empirical economist and her research interests include corporate finance, banking, household finance, real estate and monetary policy. Her recent work focuses on the role of government policies in the financial and housing market and its implications. Her research looks at how government regulation can stack the odds against private market competition and the implications of government policies aimed at increasing homeownership.

Nirupama has an undergraduate degree in electrical engineering from IIT Bombay, an MBA from Stern School of Business, New York University and a Ph.D. in business administration (finance and real estate) from Haas School of Business, University of California, Berkeley. She has been the recipient of the Fisher Center Fellowship at UC Berkeley, Fisher Center Research Grant at UC Berkeley, Vanier Family Foundation Grant at UC Berkeley and was the FWA Clarin S. Schwartz Memorial Scholar and a Glucksman Research Fellow at the Stern School of Business, New York University.

Sovereign Credit Ratings: An Assessment Of Meth…
Wed Dec 20 3.65 MB
Shadow Banks On The Rise: Evidence Across Marke…
Thu Dec 24 657.09 KB
Cash Is King: The Role Of Financial Infrastruct…
Thu Aug 23 1.51 MB
Homeownership Segregation
Tue May 22 6.29 MB
Mortgage Policies And Their Effects On Racial S…
Thu Jul 21 2.38 MB
Resolving Zombie Lending With Collateral Reform
Fri Mar 21 1.12 MB
Unearthing Zombies
Fri Mar 21 413.79 KB
Creditor Rights And Allocative Distortions { Ev…
Mon Mar 19 1.01 MB
Bank Deposit Franchise, Interest Rate Risk, And…
Tue Dec 22 2.42 MB
Distributional Implications Of Bank Branch Expa…
Tue Jan 23 2.09 MB
The Unholy Trinity: Regulatory Forbearance, Gov…
Thu Aug 23 1.24 MB
Anatomy Of A Liquidity Shock On Non-Banks
Tue Aug 23 268.85 KB
Open Banking And Digital Payments: Implications…
Mon Dec 24 1.28 MB
Consumption Tax Reform And The Real Economy: Ev…
Thu Jul 21 763.58 KB
Zombie Lending Due To The Fear Of Fire Sales
Wed Mar 21 470.72 KB
Consumption Tax Reform And The Real Economy: Ev…
Mon Dec 20 603.75 KB
The Unintended Consequences Of Regulatory Forbe…
Fri Feb 20 810.76 KB
Unearthing Zombies
Fri Feb 20 479.8 KB
Anatomy Of A Banking Panic
Mon Mar 19 7.65 MB
Elimination Of Tax Distortions On Capital Goods…
Mon Mar 19 1.9 MB
Open Payment Infrastructure And Market Particip…
Tue Jul 25 949.82 KB
Financial Repression, Deposit Rate Deregulation…
Mon May 25 1.1 MB

Cash supply shock, digitization and formalization – evidence from in dia’s demonetization episode (with Bhavya Aggarwal)
Presentations: German Economic Association 2019 (scheduled), eea 2019 (scheduled), dial 2019 (scheduled)

Why less can be more: crowding out effects of government financing (with Viral V. Acharya, Bhavika Nanawati and Seema Sagar) Presentations: debtcon3 2019, iima fdbcf conference 2019 (scheduled)

The unintended consequences of regulatory forbearance (with Anusha Chari and Lakshita Jain)

Vat and capital investments (with S. K. Ritadhi and Abhay Aneja) Presentations: vat conference 2019 organized by University of Michigan/Columbia/world bank

What saved the indian banking system: state ownership or state guarantees? (with viral acharya).the world economy, vol. 35, issue 1, pp. 19-31, 2012

Capital, contingent capital, and liquidity requirements (with Viral V. Acharya and Matthew Richardson) in Viral V. Acharya, Thomas Ff. Cooley, Matthew P. Richardson, ingo walter editors, regulating wall street: the dodd-frank act and the new architecture of global finance john wiley and sons (2010).

Dividends and bank capital (with viral acharya, irvind gujral and hyun shin) Being revised for resubmission to corporate finance review

Graduate Student Instructor (Teaching Assistant) at Haas School of Business, UC Berkeley for
• MBA Real Estate Finance and Securitization, Prof. Jiro Yoshida (Fall 2014)
• UGBA Introduction to Real Estate and Urban Economics, Prof. David Nelson (Fall 2015)

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