Amiyatosh Purnanandam

Michael Stark Professor of Finance

Ross School of Business, University of Michigan

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New: Thomas Flanagan and I have now made available our estimates of subsidy obtained by individual banks in TARP for download here. If you use this data, please cite our work: "Did Banks Pay Fair Returns to Taxpayers on TARP?." Flanagan, Thomas, and Amiyatosh Purnanandam.  Journal of Finance (forthcoming). 

Ongoing Research Themes:


Cashless Payments and Economic Growth

Online Lending and Credit Market Frictions 

Bank Risk: 

Stress Tests

Detection of bank Risk 

Mortgage and Real Estate Finance: 

Disaster-relief Home Loan Programs

Climate Finance: 

Carbon Emissions and Shareholder Value


Stephen M. Ross School of Business
University of Michigan
701 Tappan St.
Room R5436
Ann Arbor, MI 48109-1234

Phone: 734-764-6886

Email: amiyatos [at] umich [dot] edu