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Michael Weber
Assistant Professor of Finance at University of Chicago Booth School of Business
Michael Weber is an accomplished finance professional currently serving as an Associate Professor of Finance at the University of Chicago Booth School of Business.
He holds a Ph.D. and an M.S. in Finance from the Haas School of Business at the University of California, Berkeley, and a Diplom in Business Economics from the University of Mannheim.
Weber's research interests encompass asset pricing, macroeconomics, international finance, and household finance, with a particular focus on downside risk in currency markets and other asset classes.
His exceptional research contributions have been recognized through various prestigious awards, such as the AQR Insight Award and multiple accolades for his dissertation and conference papers.
In addition to his academic role, Weber is a visiting researcher at the Bureau of Labor Statistics and a dedicated member of the Macro Finance Society.
He has prior industry experience in firms like Rothschild, KPMG, and ZEW, bringing a rich blend of academic rigor and practical insights to his work.
At Chicago Booth, Weber imparts knowledge in Investments, showcasing his expertise in the field.
Beyond his professional pursuits, Michael Weber enjoys activities like playing soccer, running, skiing, and reading.
Highlights
Thrilled to see our paper 'Big G' in print at the JPE, which is joint work with Lydia Cox, Gernot Mueller, Ernesto Pasten, and Raphael Schoenle. We use the universe of federal purchase to establish 5 facts about government spending building around the common theme that government spending is fundamentally heterogeneous and no such thing as 'Big G' exists. Accounting for these facts in a multi-sector New Keynesian model, we show that it matters where the government spends the money.
You can download a free copy here: https://lnkd.in/eskRp2EQ
#fiscalpolicy #governmentspending #journalofpoliticaleconomy
Old and New Challenges for Monetary Policymakers. Governor Andrew Bailey always carries a piece of paper with him when he goes to parliament with the price of milk and Governor Olli Rehn emphasizes the role of cognitive factors for the formation of inflation expectations referencing joint work with Francesco D'Acunto, Daniel Hoang, and Maritta Paloviita on 'IQ, Expectations, and Choice' in Restud (https://lnkd.in/gRGsUEAH) and on 'Gender roles produce divergent economic expectations' in PNAS (https://lnkd.in/gUr_MJ4t).
#inflationexpectations #monetarypolicy #inflation #bankofengland #bankoffinland
