Age, Biography and Wiki
Rajnish Mehra was born on 15 January, 1950, is an Indian American economist. Discover Rajnish Mehra's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?
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Age |
74 years old |
Zodiac Sign |
Capricorn |
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15 January, 1950 |
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15 January |
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Nationality |
American
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We recommend you to check the complete list of Famous People born on 15 January.
He is a member of famous economist with the age 74 years old group.
Rajnish Mehra Height, Weight & Measurements
At 74 years old, Rajnish Mehra height not available right now. We will update Rajnish Mehra's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Rajnish Mehra Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Rajnish Mehra worth at the age of 74 years old? Rajnish Mehra’s income source is mostly from being a successful economist. He is from American. We have estimated Rajnish Mehra's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
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Not Available |
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Not Available |
Source of Income |
economist |
Rajnish Mehra Social Network
Timeline
Rajnish Mehra (रजनीश मेहरा; born January 15, 1950) is an Indian American financial economist.
He currently holds the E.N. Basha Arizona Heritage Endowed Chair at the Arizona State University and is a Professor of Economics Emeritus at the University of California, Santa Barbara.
He spent a year studying mathematics at St. Stephen's College, Delhi University (1966–67).
In 1976, he was appointed assistant professor at the School of Business, Queen's University in Kingston, Canada.
He subsequently moved to the Columbia Business School in 1977, and in 1985 to the University of California, Santa Barbara, where he taught until 2010.
Mehra received his doctorate in industrial administration from Carnegie Mellon University (1978), an M.S. in computer science from Rice University (1974), and a BTech in electrical engineering from the Indian Institute of Technology, Kanpur (1972).
In 1979 he and Edward C. Prescott observed that the real equity premium over the past 90 years in the US was 6.18%, an order of magnitude larger than that could be rationalized by neo-classical economic theory.
They termed this the 'equity premium puzzle'.
Attempts to resolve the puzzle have become a major research impetus in both finance and macroeconomics over the past thirty years.
His visiting appointments include MIT Sloan School of Management (1987–89 and 2004–5), the University of Chicago Booth School of Business (1995–2006) and non-resident senior fellow at the National Council of Applied Economic Research, New Delhi (2016–present).
He has been a consultant to the Fixed Income Group at Salomon Smith Barney and an advisor to Vega Asset Management.
He is probably best known for his contributions to recursive competitive theory, an equilibrium concept widely used in modern dynamic macroeconomics, which he developed jointly with Edward C. Prescott.
Another strand of his research focuses on understanding the determinants of the 'equity premium', the return earned by a diversified portfolio of stocks (such as the S&P 500) in excess of that earned by a risk-free security such as a Treasury Bill.
He was department chair from 2001 to 2004.
From 2012 to 2016 he held the Deutsche Bank Chair at the University of Luxembourg.