Biography

Academic Affiliation
Columbia University

Biography
Dr. Sundaresan is the Chase Manhattan Bank Professor of Economics and Finance at Columbia University. His consulting work focuses on central bank actions, term structure, swap pricing, credit risk models, valuation, and risk management. He has applied this expertise in consulting engagements with Morgan Stanley Asset Management and Ernst and Young, among others.

His current research focus is on default risk and how it affects asset pricing and sovereign debt securities. He has conducted training programs for leading investment banks, including Goldman Sachs, Morgan Stanley, CSFB, and Lehman Brothers. He is the author of the text Fixed-Income Markets and Their Derivatives, and he has published in the areas of treasury auctions, bidding, default risk, habit formation, term structure of interest rates, asset pricing, pension asset allocation, swaps, options, forwards, futures, fixed-income securities markets, and risk management.

Dr. Sundaresan’s research papers have appeared in major journals such as the Journal of Finance, Review of Financial Studies, Journal of Business, Journal of Financial and Quantitative Analysis, European Economic Review, Journal of Banking and Finance, and the Journal of Political Economy. He has also contributed articles in Financial Times and to World Bank conferences. He is an associate editor of Journal of Finance and Review of Derivatives Research.