Professor Chari’s research is in the fields of open-economy macroeconomics, international finance and empirical corporate finance. Her most recent work uses firm-level data to examine the effects of financial globalization on topics such as outbound FDI from emerging-markets, cross-border M&A, the political economy of protectionism, the rate of return to capital in capital-poor countries and the evolution of India’s industrial composition following liberalization. Her earlier work on stock market liberalization uncovers new stylized facts about the interaction of real and financial markets using firm-level data. These facts complement a growing body of literature that documents the importance of financial development for economic growth.
In addition to teaching at the University of North Carolina, she has taught both international and finance courses at the University of Chicago’s Booth School of Business, the University of Michigan, and The Haas School of Business at Berkeley. She was also a research associate at the Swiss Institute of Banking and Finance at St. Gallen, Switzerland and completed a summer internship at the International Monetary Fund. She is a Faculty Research Fellow in the National Bureau of Economic Research’s International Finance and Macroeconomics Program.