Faculty

Professor Aggarwal is an Assistant Professor of Accounting at the Indian School of Business. His research interests lie broadly in examining the impact of information frictions on financial markets and macroeconomy. His current research falls into two domains. In the first, he examines how corporations' voluntary disclosure policies, such as earnings guidance, affect firm value and investment efficiency at both the micro and the macro levels. In the second, he investigates the impact of firm-level heterogeneity (such as productivity and disclosure incentives) on the transmission of monetary and fiscal policy shocks. Specifically, his work shows that managers' disclosure incentives affect the information friction channel of monetary policy transmission, thereby influencing firms' sensitivity to monetary policy.

Before joining ISB, Professor Aggarwal obtained his Ph.D. in Business Administration from the Stanford Graduate School of Business, a Master's in Economics from the University of Texas at Austin, and a Bachelor of Technology in Mechanical Engineering from the Indian Institute of Technology Delhi. He also worked as a Research Associate at Kellogg School of Management, Northwestern University, and as a Research Engineer at Honda R&D Co. Ltd, Japan.