March 9, 1995
Vol. 14, No. 13

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    Two faculty members in GSB receive Sloan fellowships

    Alfred P. Sloan Foundation Research Fellowships have been awarded to two faculty members in the Graduate School of Business: Anil Kashyap, Associate Professor of Business Economics, and Lars Stole, Assistant Professor of Business Economics. Kashyap and Stole, who will each receive $30,000 in research funds, are among eight economists in the United States and Canada selected to receive this year's awards.

    Kashyap's research focuses on how financing arrangements affect the economy. He received his B.A. in 1982 from the University of California, Davis, and his Ph.D. in 1989 from MIT. He was an economist with the board of governors of the Federal Reserve System from 1988 until he joined the University faculty as Assistant Professor in 1991.

    Stole's work is on the economic analysis of contracts and internal organizations. He received his B.A. in 1985 from the University of Illinois, his M.S. in 1986 from the London School of Economics and his Ph.D. in 1991 from MIT. He was a consultant to Rand Corporation and an Olin Fellow at Harvard before joining the Chicago faculty in 1991. In 1994, Stole was named a Presidential Faculty Fellow by President Clinton.

    The Sloan fellowships are awarded to faculty members in the early stages of their careers on the basis of their exceptional promise to contribute to the advancement of knowledge. Candidates for the fellowships are nominated by department chairs and other senior scholars.