S. Rao Aiyagari


Sudhakar Rao Aiyagari was an Indian-born economics professor at the University of Rochester. He had previous been a leading research economist at the Minneapolis Fed, prior to which he had taught, in the 1980s, at New York University, University of Wisconsin, Madison, and Carnegie-Mellon University in Pittsburgh.
Aiyagari made significant contributions to the economics literature, primarily in the areas of macroeconomics, monetary theory and intertemporal general equilibrium theory. He died of a heart attack while playing tennis aged 45. Aiyagari held a doctorate in economics from the University of Minnesota and master's degrees in economics and physics from Jawaharlal [Nehru University] in New Delhi and the Indian [Institute of Technology, Delhi], India.