Faculty & Research

Anil Kashyap

Anil Kashyap

Edward Eagle Brown Professor of Economics and Finance

Anil K Kashyap is the Edward Eagle Brown Professor of Economics and Finance at the University of Chicago Booth School of Business. His research focuses on banking, business cycles, corporate finance, price setting, and monetary policy. His research has won him numerous awards, including a Sloan Research Fellowship, the Nikkei Prize for Excellent Books in Economic Sciences, and a Senior Houblon-Norman Fellowship from the Bank of England.

Prior to joining the Chicago Booth faculty in 1991, Kashyap spent three years as an economist for the Board of Governors for the Federal Reserve System. He currently works as a consultant for the Federal Reserve Bank of Chicago, and serves as a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, and as a Research Associate for the National Bureau of Economic Research (NBER). He is on the Board of Directors of the Bank of Italy’s Einuadi Institute of Economics and Finance, is a member of the Squam Lake Group and serves on the International Monetary Fund’s Advisory Group on the development of a macro-prudential policy framework. Since 2016 he has been an external member of the Bank of England’s Financial Policy Committee.

Kashyap is also one of the academic members of the Bellagio Group (whose non-academic members consist of the Deputy Central Bank Governors and Vice Ministers of Finance of the G7 countries). This experience, along with his research and other consulting and advising to central banks and finance ministries around the world, has helped him create his two unique elective courses, “Understanding Central Banks” and “The Analytics of Financial Crises.”

Kashyap is a member of both the American Economic Association (AEA) and American Finance Association, and is a co-founder of the US Monetary Policy Forum. In 2014, was selected for the Emory Williams Award for teaching excellence by the Chicago Booth students.

He regularly speaks on financial crises, Japan, the global economy, and the direction of economic policy.

He graduated from the University of California at Davis in 1982 with a bachelor's degree in economics and statistics with highest honors. In 1989, he earned a PhD from the Massachusetts Institute of Technology. He enjoys rotisserie baseball and the Indianapolis 500.


2018 - 2019 Course Schedule

Number Title Quarter
35211 The Analytics of Financial Crises 2019 (Spring)
35600 Seminar: Finance 2019 (Winter)

Other Interests

Rotisserie baseball, the Indianapolis 500, and bridge.


Research Activities

Banking; business cycles; corporate finance; monetary policy.

To find Professor Kashyap’s full list of publications go to