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Amiyatosh Purnanandam

Amiyatosh Purnanandam

Michael R. and Mary Kay Hallman Fellow; Associate Professor of Finance



PHD, Cornell University
PGDM (MBA), Indian Institute Of Management
B.Tech, Indian Institute Of Technology

Amiyatosh’s research focuses on corporate finance, banking and credit risk. He has analyzed causes and consequences of risk-management decisions for both industrial firms and commercial banks. His research in banking has dealt with issues such as the effect of banks' health on real economy and  pricing of bank loans. In his recent work, he has analyzed some of the key causes of the subprime mortgage crisis of 2007-2009. Amiyatosh is also interested in examining the effect of corporate decisions and firm characteristics on short-term and long-term stock returns, and their implications for the rational and behavioral asset pricing theories. His research has been published in Journal of Financial Economics, Review of Financial Studies, Journal of Monetary Economics and other finance journals.


Amiyatosh Purnanandam
Stephen M. Ross School of Business
University of Michigan
701 Tappan St.
Ann Arbor, MI 48109-1234

Office Location: R5436

Phone: (734) 764-6886
E-Mail: amiyatos@umich.edu
Personal Site
Google Scholar Site



Working Papers | Faculty Vita
Finance Web Site