Prof. Avanidhar Subrahmanyam | Econometrics and Finance | Best Researcher Award

UCLA | United States 

Prof. Avanidhar Subrahmanyam is a globally recognized scholar in finance whose work has significantly shaped contemporary understanding of market microstructure, asset pricing, liquidity dynamics, and behavioral influences in financial decision-making. With a prolific academic record of 122 research documents, more than 15,960 citations, and an h-index of 49, he ranks among the most influential voices in modern financial economics. His research has appeared in premier journals and is frequently referenced in policy discussions, regulatory modeling, and advanced financial analytics, underscoring the practical relevance and theoretical depth of his contributions. Prof. Subrahmanyam is particularly renowned for pioneering insights into how investor psychology, information asymmetries, and market frictions influence asset prices and trading behavior—work that has advanced both academic discourse and real-world market design. His expertise extends across empirical finance, econometric modeling, and interdisciplinary research intersecting economics, psychology, and data science. Throughout his career, he has actively collaborated with leading international researchers, contributing to multi-institutional and cross-disciplinary projects that enhance global understanding of financial markets. These collaborations have resulted in influential frameworks used by practitioners, central banks, investment institutions, and risk-management bodies. His scholarship has played a critical role in informing studies related to liquidity crises, high-frequency trading, behavioral anomalies, and investor welfare, providing valuable guidance to regulators and industry leaders seeking to design stable and transparent markets. Prof. Subrahmanyam’s work also carries strong societal impact, offering analytical foundations for improving market fairness, mitigating systemic risks, and strengthening the financial resilience of economies.

Profiles: Scopus | Google Scholar

Featuered Publications

Daniel, K., Hirshleifer, D., & Subrahmanyam, A. (1998). Investor psychology and security market under‐ and overreactions. The Journal of Finance, 53(6), 1839–1885.

Brennan, M. J., & Subrahmanyam, A. (1996). Market microstructure and asset pricing: On the compensation for illiquidity in stock returns. Journal of Financial Economics, 41(3), 441–464.

Chordia, T., Roll, R., & Subrahmanyam, A. (2000). Commonality in liquidity. Journal of Financial Economics, 56(1), 3–28.

Chordia, T., Roll, R., & Subrahmanyam, A. (2001). Market liquidity and trading activity. The Journal of Finance, 56(2), 501–530.

Brennan, M. J., Chordia, T., & Subrahmanyam, A. (1998). Alternative factor specifications, security characteristics, and the cross-section of expected stock returns. Journal of Financial Economics, 49(3), 345–373.