Eminent Finance Professor Arvind Krishnamurthy Appointed Monetary Authority Of Singapore Distinguished Term Professor At NUS

The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Arvind Krishnamurthy as the MAS Distinguished Term Professor in Economics and Finance from 18 to 28 February 2026. Professor Krishnamurthy will be hosted by the NUS Business School’s Department of Real Estate and the Economic Policy Group of MAS during the term of the Professorship.

2  Professor Krishnamurthy is currently John S. Osterweis Professor of Finance at the Stanford Graduate School of Business, Research Associate at the National Bureau of Economic Research, the Stanford Institute for Economic Policy Research, and the Asian Bureau of Finance and Economic Research. He is a co-editor of the Journal of Finance – Insights & Perspectives and was formerly an associate editor at the Journal of Finance, as well as top journals in macroeconomics.

3 Professor Krishnamurthy is widely recognised for his work on finance, macroeconomics and monetary policy. He has studied the causes and consequences of banking crises in emerging markets and developed economies, and the role of government policy in stabilising crises.  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, and the Swiss Finance Institute’s Outstanding Paper Award.

4  Professor Andrew Kenan Rose, Dean of NUS Business School, said, “Professor Arvind Krishnamurthy abundantly satisfies the requirement of MAS Distinguished Term Professor; he is an eminent scholar working at the interface of finance and economics whose expertise extends across academic and policy spheres.  His work is celebrated and his insights are keen and valued.  We are delighted that he will be able to visit us, and am confident that our faculty and the broader Singapore academic community will benefit immensely from this engagement.”

5  Mr Edward Robinson, Deputy Managing Director (Economic Policy) and Chief Economist, MAS, said, “Professor Krishnamurthy is widely recognised for his research at the intersection of financial economics and monetary policy, including his work on the demand for and pricing of safe assets such as United States (U.S.) Treasury securities. His research has fundamentally shaped our understanding of how government debt pricing affects financial conditions and the broader economy. His recent work on the economic forces underlying reserve currency status has gained significant traction amongst scholars and policymakers, at a time of ongoing discussions about the future of the international monetary system. It is our great privilege to welcome him as the 25th MAS Term Professor.” 

6  Professor Krishnamurthy will deliver a public lecture at NUS on 24 February 2026 titled, "Dollar Dominance”. In his lecture, he will discuss how the dollar’s central role in global finance, contracting, and trade shapes the financial structure and macroeconomic outcomes of both the U.S. and the rest of the world, and examine the historical forces that give rise to and sustain reserve currency. In addition, Professor Krishnamurthy will engage in dialogue sessions with NUS faculty members to discuss his latest research findings. 

7  Professor Krishnamurthy will also give a talk at MAS and engage senior policymakers and economists on international economics, finance and monetary policy issues. 

About the MAS Term Professorship in Economics and Finance

First established in 2009, the MAS Term Professorship in Economics and Finance is awarded to distinguished scholars, who are appointed as Visiting Professors at the Department of Economics at the NUS Faculty of Arts and Social Sciences, the NUS Business School, or the Lee Kuan Yew School of Public Policy. It aims to strengthen Singapore’s financial and economics research infrastructure and contribute to a vibrant research community and culture at local universities. Since its inception, the MAS Term Professorship in Economics and Finance has been awarded to 25 distinguished scholars over the last 15 years.