Each year, Princeton BCF invites a leading figure in finance to deliver the prestigious Lectures in Finance on Princeton’s campus. This year’s lectures took place on Wednesday and Thursday, March 1 and 2, 2023, featuring Arvind Krishnamurthy. Both days were open to the public and covered the topic of “The Role of Safe Assets in the International Financial System.” Video coverage of the lectures is available on BCF’s YouTube channel. Watch Day 1 here and Day 2 here.

Arvind Krishnamurthy is the John S. Osterweis Professor of Finance at the Stanford Graduate School of Business and a research associate at the National Bureau of Economic Research (NBER). He formerly taught at the Kellogg School of Management (1998-2014).

Professor Krishnamurthy studies finance, macroeconomics, and monetary policy. He has studied the causes and consequences of liquidity crises in emerging markets and developed economies and the role of government policy in stabilizing crises. Professor Krishnamurthy has recently examined the importance of U.S. Treasury bonds and the dollar in the international monetary system. He has published numerous journal articles and received awards for his research, including the Smith Breeden Prize for best paper published in the Journal of Finance, the Western Finance Association Corporate Finance Award, and the Swiss Finance Institute’s Outstanding Paper Award. Professor Krishnamurthy’s research on financial crises and monetary policy has received national media coverage and been cited by central banks around the world. He was formerly an associate editor at the Journal of Finance, American Economics Journals-Macroeconomics, and the American Economic Review. He completed his undergraduate studies at the University of Pennsylvania and his doctoral work at the Massachusetts Institute of Technology.