Dr. Narayanan’s academic research focuses broadly on issues related to banking and
financial markets. His research has been published articles in leading academic journals
including the Journal of Financial Economics, Review of Financial Studies and Journal
of Money Credit and Banking. He has delivered lectures to and conducted seminars on
various topics for executives and technocrats in Brazil, China, the Czech Republic,
India, Malaysia and South Africa. His interviews and commentary have been featured
in national media outlets such as the Wall Street Journal, CNN/Money, Bloomberg, Fortune
as well as in regional and local media outlets such the Times Picayune, The Advocate,
Baton Rouge Business report, WBRZ-TV, and WWL-Radio.
Dombrowski, T., Narayanan, R. P., and Pace, R. (2020). Mortgage Portfolio Diversification
in the Presence of Cross-Sectional and Spatial Dependence. Advances in Econometrics,
41, 383-411.
Dombrowski, T., Narayanan, R. P., and Pace, R. (2020). The Rank Size Rule and Challenges
in Diversifying Commercial Real Estate Portfolios. Journal of Real Estate Finance
and Economics, 2020.
Narayanan, R. P. and Uzmanoglu , C. (2018). How do firms respond to empty creditor
holdout in Distressed Exchanges?. Journal of Banking and Finance, 94, 251-266.
Narayanan, R. P. and Uzmanoglu, C. (2018). Credit Default Swaps and Firm Value. Journal
of Financial and Quantitative Analysis, 53, 1227-1259.
Narayanan, R. P and Uzmanoglu , C. (2018). Credit Insurance, Distress Resolution Costs,
and Bond Spreads. Financial Management, 47, 931-951.
Le, H. T. T., Vo, L. Van, and Narayanan, R. P. (2016). Has the effect of Asset Securitization
on Bank Risk Taking Behavior Changed?. Journal of Financial Services Research, 49(1),
39-64.
Devos, E., Krishnamurthy, S., and Narayanan, R. P (2016). Efficiency and Market Power
Gains in Bank Megamergers: Evidence from Value Line Forecasts. Financial Management,
45(14), 1011-1040.
Lubben, S. J. and Narayanan, R. P. (2012). CDS and the Resolution of Distress. Journal
of Applied Corporate Finance, 24(4), 129-134.
Carow, K. A., Kane, E. J., and Narayanan, R. P. (2011). Safety-Net Losses From Abandoning
Glass-Steagall Restrictions. Journal of Money, Credit and Banking.
Narayanan, R. P., Rangan, K. P, and Rangan, N. K (2007). The Effect of Private-Debt-Underwriting
Reputation on Bank Public-Debt Underwriting. Review of Financial Studies, 20, 597-618.
Carow, K., Kane, E. J., and Narayanan, R. P. (2006). How Have Borrowers Fared in Banking
Mega-Mergers?. Journal of Money, Credit and Banking, 38, 821-836.
Narayanan, R. P., Rangan, . P, and Rangan, N. K (2004). The Role of Syndicate Structure
in Bank Underwriting . Journal of Financial Economics, 72, 555-580.
Teaching and Research Interests: Banking, Financial Markets, Financial Institutions
Davidoff, S. M. , Makhija, A. K., and Narayanan, R. P. (2011). Fairness Opinions in
Mergers and Acquisitions In H. Kent Baker and Halil Kiymaz (Ed.), The Art of Capital
Restructuring: Creating Shareholder Value through Mergers and Acquisitions
McCollum, M., Narayanan, R. P., and Pace, R. (2019). A Revealed Preference Approach
to Identifying Strategic Mortgage Default