Authors

Adi Sunderam

Professor of Business Administration

Harvard Business School

ADI SUNDERAM is a professor of business administration in the Finance Unit and a Research Associate at the National Bureau of Economic Research. He teaches Investment Management in the MBA elective curriculum and Ph.D. courses in Corporate Finance and Empirical Methods. Professor Sunderam holds a Ph.D. in business economics and an A.B. in computer science and economics, both from Harvard University. In 2009 and 2010, he served in the U.S. Treasury Department as a special assistant and liaison to the White House National Economic Council. Professor Sunderam’s research interests are in corporate finance, asset pricing, and financial intermediation. His work focuses on the organization of financial markets and its effect on asset prices and corporate investment. It has appeared in the Quarterly Journal of Economics, the American Economic Review, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He serves as an associate editor for the Journal of Finance.

Publications

Business Continuity Insurance in the Next Disaster

This article draws lessons from the business support policies pursued in the COVID-19 pandemic to guide policy design for the next disaster. We contrast the performance of the Paycheck Protection Program to the Main Street Lending Program to illustrate how design principles—targeting, repayment terms, and deployment through the banks versus government agencies—affect policy outcomes. We ...