Scientific Sense ®

Scientific Sense ®


Prof Amiyatosh Purnanandam, Professor of finance at the Ross School of Business at the University of Michigan

July 27, 2020

Mortgage securitization, Measuring Bank Risk, Taxpayer returns from Bailouts, Dividends during a pandemic, and the principal-agent problem in structuring contracts with banks for bailouts. 
Prof Amiyatosh Purnanandam is professor finance at the Ross School of Business at the University of Michigan, and the chair of the finance area. His research focuses on corporate finance, banking, and financial crisis. He has closely studied topics such as the effects of banking crises on the real economy, the role played by securitization during the subprime mortgage crisis and the economics of government bailout of the financial sector.

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