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Nishant Vats
Finance AP @Olin l PhD @ChicagoBooth
Nishant Vats is a highly educated professional with a Doctor of Philosophy (PhD) in Finance from The University of Chicago Booth School of Business.
He also holds a degree in B. Arch., Architecture from the prestigious Indian Institute of Technology, Kharagpur, and a Minor in Economics from the same institute.
Having a diverse educational background, Nishant Vats has worked in various renowned organizations in different capacities.
He has served as an Assistant Professor of Finance at the Olin Business School at Washington University.
Prior to that, he was a Research Associate at the Indian School of Business and the Reserve Bank of India, showcasing his expertise in the field.
Nishant Vats has also gained invaluable experience working as an Analyst at Ipsos, as well as interning at Brookfield Financial and Philips Lighting.
His professional journey exhibits a combination of academic excellence and practical exposure, making him a well-rounded individual in the finance and research domains.
Highlights
I’m happy to share that I’m starting a new position as Assistant Professor of Finance at Olin Business School at Washington University!
Used the quarantine time to finally finish my second year paper - “What does Financial Heterogeneity Say about the Transmission of Monetary Policy?” https://lnkd.in/eztHiNV
In this paper I study the role of heterogeneity of financial frictions in determining the effect of monetary policy shocks on firm investment. Using staggered enactment of anti-recharacterization legislation across states in the US as a source of exogenous variation in creditor rights, I find that the investment of unconstrained firms is more sensitive to monetary policy shocks relative to the constrained firms. However, constrained firms are more responsive to monetary policy shocks relative to unconstrained firms during periods of economic downturns and low-interest rate regimes. This points to “reversal rate” in action. Lastly, I provide some suggestive evidence that my results are not driven by the Fed information effect, and the effects dominate during periods of high wage and contractual flexibility.
#economics #finance #monetarypolicy #financialcrisis #academiclife #phdlife
