Viral V. Acharya, a former deputy governor of the Reserve Bank of India, is Professor of Economics at New York University’s Stern School of Business.
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The Danger of Forgetting the 2023 Banking Crisis
The Danger of Forgetting the 2023 Banking Crisis
Feb 8, 2024 Raghuram G. Rajan & Viral V. Acharya worry that smaller banks’ troubles remain unresolved, and that the episode perpetuated moral hazard.
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The Fed’s Role in the Bank Failures
The Fed’s Role in the Bank Failures
Mar 28, 2023 Raghuram G. Rajan & Viral V. Acharya show how the US central bank's liquidity policies created the conditions for runs on uninsured deposits.
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Where Has All the Liquidity Gone?
Where Has All the Liquidity Gone?
Oct 7, 2022 Raghuram G. Rajan & Viral V. Acharya show that years of quantitative easing have left financial markets deeply dependent on easy money.
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Turning Off the Dividend Spigot
Turning Off the Dividend Spigot
Sep 22, 2016 Viral V. Acharya, et al. say stronger revenue-distribution regulations for European banks would prevent capital erosion.