Ravi Bansal is an economist and an academic. He is J.B. Fuqua Professor at the Fuqua School of Business at Duke University and Research Associate at the National Bureau of Economic Research. He is most known for his research work in the fields of financial economics and macroeconomics. His work on the Long Run Risk Model provided new insights on the role of long-run growth and uncertainty as key drivers of asset prices. This work was acknowledged, and cited in the background article for the 2013 Nobel Prize in Economics. Among other awards, in 2019, his paper, Risks for the long run: A potential resolution of asset pricing puzzles (with Amir Yaron) won the Stephen A. Ross Prize in Financial Economics from Foundation for Advancement of Research in Financial Economics (FARFE). His related long-run risks research papers with Robert Dittmar and Christian Lundblad and with Dana Kiku established that cash-flow exposures with respect to long-term growth account for a large fraction of the long-run risk-premia on assets. More recent work, Risk Preferences and Announcement Premium (co-authored with Hengjie Ai) provides the theoretical foundations for large announcement day returns in asset markets. A Monetary Explanation of the Equity Premium, Term Premium, and the Risk-Free Rate Puzzles co-authored with John Coleman provides a model of liquidity (moneyness of assets), convenience yields, and the term structure of interest rates. Furthermore, his research spans issues related to impact of long-run risks on macro fluctuations and the connections between long-run growth and climate change. Awards and honors 2004 – Smith-Breeden Distinguished Paper Award for ‘’Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles’’, The American Finance Association 2019 – Stephen A. Ross Prize in Financial Economics, Foundation for Advancement of Research in Financial Economics (FARFE) Selected articles Bansal, R., & Coleman, W. J. (1996). A monetary explanation of the equity premium, term premium, and risk-free rate puzzles. Journal of political Economy, 104(6), 1135–1171. Bansal, R., & Yaron, A. (2004). Risks for the long run: A potential resolution of asset pricing puzzles. The Journal of Finance, 59(4), 1481–1509. Bansal, R., Dittmar, R. F., & Lundblad, C. T. (2005). Consumption, dividends, and the cross section of equity returns. The Journal of Finance, 60(4), 1639–1672. Bansal, R., Dittmar, R., & Kiku, D. (2009). Cointegration and consumption risks in asset returns. The Review of Financial Studies, 22(3), 1343–1375. Ai, H., & Bansal, R. (2018). Risk preferences