Michael Weber

Michael Weber joined ESMT in 2026 as Professor of Finance, Alexander von Humboldt Professor, and head of the newly established European Expectations Center. He is also a faculty research fellow at the National Bureau of Economic Research in the Monetary Economics and Asset Pricing groups, Research Affiliate in the Monetary Economics and Fluctuations programme of CEPR, a member of the Macro Finance Society, a Research Professor at Ifo Institute, a research affiliate at the CESifo Research Network, and Professor of Finance at the Daniels School of Business at Purdue University. He is also academic consultant for the Bundesbank, the Colombian Central Bank, the Federal Reserve Banks of Cleveland and Dallas, the Bank of Finland, the Bank for International Settlements, and several other central banks. Previously, he was on the faculty of the University of Chicago Booth School Of Business for 11 years.

His research interests include macroeconomics, asset pricing, international finance, and household finance. He has received four National Science Foundation grants and the Humboldt Professorship, the most highly endowed research prize in Germany. His academic work has been cited more than 13,000 times on google scholar and his paper on downside risk in currency markets and other asset classes earned the 2013 AQR Insight Award. He has published in leading economics and finance journals such as the American Economic Review, the Review of Economic Studies, Econometrica, the Journal of Political Economy, the Review of Financial Studies and the Journal of Financial Economics.