[4] The second contribution is to document that market liquidity exhibits systematic variation across stocks, just like returns, which led to a number of studies analyzing why trading costs fluctuate over time.
Appearing on CNBC, Subrahmanyam stated that the activity was likely due to over exuberance on the upside can lead to herd-like behaviour.
Subrahmanyam stated that he believed one of the biggest drawbacks of the crypto-currency was that merchants were not made to accept the currency, which leads to uncertainty in its everyday use.
[7] His research and work has led him to be the author or co-author of numerous articles in refereed finance and economic journals.
Recent research positions have ranged from the relationship between a company's stock and their cost of capital, while also studying theories on asset price behaviour and equity returns.