Rustom Dinyar Manouchehri Irani

Rustom Dinyar Manouchehri Irani serves as an Associate Professor of Finance and holds the Julian Simon Faculty Fellow position at the Gies College of Business, University of Illinois Urbana-Champaign. His academic work centers in the Department of Finance, focusing on financial economics research and teaching.

Dr. Irani's research spans credit markets, mortgages, banking regulation, and corporate finance. He investigates how financial policies and shocks affect household borrowing, entrepreneurial activity, and corporate resource allocation. His work frequently employs administrative data to examine real effects of macroprudential policies and creditor rights. Key areas include mortgage lending dynamics, shadow banking evolution, collateral valuation impacts, and regulatory effects on nonbank financial institutions.

Analysis of his 2020-2024 publications reveals consistent focus on financial regulation's real economic consequences. His studies on collateral shocks, creditor control rights, and shadow banking—published in top journals like Journal of Financial Economics—demonstrate trends in household finance, corporate governance, and systemic risk. This research program systematically explores how financial frictions translate into macroeconomic outcomes through credit channels.

Scientific recognition includes:

• Julian Simon Faculty Fellow

His work shows significant policy impact with 42 policy citations for shadow banking research and news coverage across 3 outlets. While student advising details are unavailable, his collaborative network includes prominent scholars like Peydró and Ersahin. Research infrastructure details and grant funding specifics are not documented in the source material.