Rajnish Mehra

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Rajnish Mehra
Born (1950-01-15) January 15, 1950 (age 69)
Nationality Indian American
Institution University of Luxembourg, National Bureau of Economic Research
Field Financial economics
Quantitative finance
Alma mater IIT Kanpur
Rice University
Carnegie Mellon University
Influences Edward C. Prescott
Information at IDEAS / RePEc

Rajnish Mehra (born January 15, 1950) is an Indian American economist. He currently holds the Deutsche Bank Luxembourg Chair at the University of Luxembourg and is a research associate of the NBER.[citation needed] His research interests include capital markets, asset pricing and growth theory.

Previously, he was a Professor at Arizona State University, the University of California, Santa Barbara, and the Massachusetts Institute of Technology, and an Associate Professor at Columbia University.[citation needed] He has been a consultant to the Fixed Income Group at Salomon Smith Barney and an adviser to Vega Asset Management.[citation needed]

Mehra is a co-author, with Edward C. Prescott, of one of the most cited papers in financial economics "The Equity Premium: A Puzzle".[citation needed] His research has been published in Econometrica, the Journal of Monetary Economics, the Journal of Economic Dynamics and Control, the Financial Analysts Journal, and other premier journals.[citation needed] He is the editor of the Elsevier publication, Handbook of the Equity Risk Premium.[citation needed]

In 2003 he was awarded a Graham and Dodd Scroll Award for excellence in financial writing by the Financial Analysts Journal.[citation needed]

He is a signatory of the 2009 petition for Fed Independence, drafted in response to the Federal Reserve Transparency Act of 2009, along with 190 other American economists.[1]


  1. [1] Petition for Fed Independence


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  • Mehra, Rajnish (2008). Handbook of the Equity Risk Premium. Elsevier. ISBN 0-444-50899-6.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>

External links