Michael Weber joined Chicago Booth in 2014 as an Assistant Professor of Finance and was promoted to Associate Professor in 2018. He is also a faculty research fellow at the National Bureau of Economic Research in the Monetary Economics and Asset Pricing groups, a member of the Macro Finance Society, and a research affiliate at the CESifo Research Network. His research interests include asset pricing, macroeconomics, international finance, and household finance. His work 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, and the Journal of Financial Economics.
Weber is a visiting researcher at the Bureau of Labor Statistics where he studies how the inability of firms to adjust output prices to macroeconomics shocks affects their systematic risk.
Weber frequently presents his research at major international conferences such as the American Economic Association or the NBER Summer Institute. His research was covered by The Economist, Die Welt, La Stampa, Haaretz, among others.
His research was awarded the 2017 Chakoozian Endowed Risk Management Prize, 2016 ECB Lamfalussy Research Fellowship, 2016 Center for Financial Research Best Paper Award, the Top Finance Graduate Award 2014, the WFA Cubist Systematic Strategies PhD Award for Outstanding Research, the UBS Best Conference Paper Prize at the EFA Annual Meeting 2014, the 2014 EFA Best Doctoral Student Conference Paper Prize, the Best Finance PhD Award in Honor of Prof. Greenbaum 2013 (Finalist), and the Best PhD Student Paper Award, FMA European Conference 2014.
Weber earned a Ph.D. and an M.S. both in Finance from the Haas School of Business at the University of California, Berkeley. Prior to his doctoral studies, he has worked in the debt advisory division of Rothschild, the Corporate Finance (M&A) advisory at KPMG, and the finance division of the Centre for European Economic Research (ZEW). He also holds a Diplom in Business Economics (with distinction) from the University of Mannheim which earned him the SEW Eurodrive dissertation award.
Weber teaches Investments at Booth. Outside of academia, he enjoys playing soccer, running, skiing, and reading.