Abteilung Finanzwirtschaft und Banken
VS2

Prof. Dr. Michael Weber

Short Profile

Research Interests

  • Asset Pricing, Macroeconomics, International Finance, Household Finance

 

Publications

  • Estimating the Anomaly Baserate (with A. Chinco and A. Neuhierl), forthcoming. Journal of Financial Economics.
  • Signaling Safety (with R. Michaely and S. Rossi), forthcoming. Journal of Financial Economics.
  • Dissecting Anomalies Nonparametrically (with A. Neuhierl and J. Freyberger), forthcoming. Review of Financial Studies.
  • The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy (with E. Pasten and R. Schoenle), forthcoming. Journal of Monetary Economics.
  • Monetary Policy Communication, Policy Slope, and the Stock Market (with A. Neuhierl), 2019. Journal of Monetary Economics, Vol 108, p. 140 – 155.
  • Cognitive Abilities and Inflation Expectations (with F. D’Acunto, D. Hoang, and M. Paloviita), 2019. American Economic Review P&P.
  • Historical Antisemitism, Ethnic Specialization, and Financial Development (with F. D’Acunto and M. Prokopczuk), 2019. Review of Economic Studies, Vol 86, p. 1170 – 1206.
  • Unconventional Fiscal Policy (with F. D’Acunto and D. Hoang), 2018. American Economic Review P&P, Vol 108, p. 519 – 523.
  • Flexible Prices and Leverage (with F. D’Acunto, R. Liu, and C. Pflueger), 2018. Journal of Financial Economics, Vol 129(1), p. 46 – 68.
  • Cash Flow Duration and the Term Structure of Equity Returns, 2018. Journal of Financial Economics, Vol 128(3), p. 486 – 503.
  • Are Sticky Prices Costly? Evidence from the Stock Market (with Y. Gorodnichenko), 2016. American Economic Review, Vol 106(1), p. 165 – 199.
  • Conditional Risk Premia in Currency Markets and Other Asset Classes (with M. Lettau and M. Maggiori), 2014. Journal of Financial Economics, Vol 114(2), p. 197 – 225.
  • American Option Valuation: Implied Calibration of GARCH Pricing–Models (with M. Prokopczuk), 2011. Journal of Futures Markets, Vol 31(10), p. 971 – 994.

 

Employment

  • University of Chicago, Booth School of Business
    • Associate Professor of Finance, 2018 – Present
    • Assistant Professor of Finance, 2014 – 2018
    • Fama Research Fellow, 2018 – Present
    • William Cohen and Keenoy Faculty Scholar, 2017 – 2018
    • Newbauer Family Faculty Fellow, 2014 – 2015

 

Other Affiliations (Selection)

  • National Bureau of Economic Research
    • Faculty Research Fellow: Asset Pricing, Monetary Economics, 2016 – Present
  • Bureau of Labor Statistics Washington, D.C., USA
    • Visiting Researcher, 2012 – Present
  • European Central Bank Frankfurt, Germany
    • Research Consultant, 2018 – Present
  • Federal Reserve Bank of Cleveland Cleveland, USA
    • Research Associate, 2019 – Present
  • Karlsruhe Institute of Technology Karlsruhe, Germany
    • Visiting Scholar, 2016 – Present

 

Education

  • University of California at Berkeley, Haas School of Business
    • Ph.D., Finance, 2014
    • M.Sc., Finance, 2011
  • University of Mannheim, Mannheim, Germany
    • Diplom Business Economics (with Distinction), 2009
    • Specializations: Finance, Econometrics, Statistics

 

Further Information

https://faculty.chicagobooth.edu/michael-weber