Varadarajan V. Chari has been a professor of economics at the University of Minnesota since the Fall of 1994. He is currently the Paul W. Frenzel Land Grant Professor of Liberal Arts and is the founding director of the Heller-Hurwicz Economics Institute. He received a Bachelor of Technology in Chemical Engineering from the Indian Institute of Technology, Bombay in 1974, and was a Production Engineer at Union Carbide (India) Limited from 1974 to 1976. He received his Ph.D. from Carnegie-Mellon University in 1980 and joined the J. L. Kellogg Graduate School of Management, Northwestern University as an assistant professor of managerial economics. In 1986 he moved to the Federal Reserve Bank of Minneapolis where he eventually became senior research officer and economic advisor. In 1992 he returned to the Kellogg Graduate School of Management as Harold H. Hines, Jr. Professor of Risk Management. He served as an associate editor of the Journal of Financial of Intermediation, and serves on the board of editors of the Journal of Economic Theory, Macrodynamics , and the Review of Economic Dynamics . In 1998, he was elected fellow of the Econometric Society.
His research interests are in banking, fiscal and monetary policy and in issues of economic development. He has written extensively on banking crises, exchange rate fluctuations and international capital flows.
Department of Economics