
Efraim Benmelech
Harold L. Stuart Professor of Finance; Director of the Guthrie Center for Real Estate Research
Is Pfizer’s COVID-19 Vaccine the Next Blockbuster Drug?
Investors are keeping a close eye on the drug firm’s vaccine advances. But the company’s longer-term fortunes may lie elsewhere.
Researchers: Efraim Benmelech
November 23, 2020
One Key Trait That Predicts How Much People Will Socially Distance
This new research could help policymakers deliver more effective COVID-safety messaging.
Researchers: John Barrios, Efraim Benmelech, Yael V Hochberg, Paola Sapienza and Luigi Zingales
November 4, 2020
Airlines and COVID-19: The Turbulence Ahead
With demand still down and debts mounting, the industry looks ahead.
Researchers: Efraim Benmelech
October 30, 2020
Tesla’s Stock Offering: Not Their First nor Their Last
Here’s why they’re at it again.
Researchers: Efraim Benmelech
October 2, 2020
How Credit Ratings Are Shaping Governments’ Responses to Covid-19
To fund pandemic-related spending, governments around the world will need to take on more debt. If they can.
Researchers: Efraim Benmelech
September 2, 2020
How to Secure Credit During a Financial Crisis
The key? Don’t tap your best collateral in good times.
Researchers: Efraim Benmelech
June 24, 2020
What’s Causing Wage Stagnation in America?
Previous explanations pointed to globalization and automation. But research shows that employer concentration is also to blame.
Researchers: Efraim Benmelech, Nittai K. Bergman and Hyunseob Kim
December 2, 2019
Take 5: What Business Leaders Can Learn from the Military
Army colonels share advice on recruiting millennials, managing up, and keeping the broader mission in mind.
Researchers: Efraim Benmelech, Carola Frydman, Col. Robert Carr, Col. Brian Halloran, Michael Musso, William "Chip" Horn and Dan Friend
September 5, 2019
Take 5: Tips for Widening—and Improving—Your Candidate Pool
Common biases can cause companies to overlook a wealth of top talent.
Researchers: Lauren Rivera, Paola Sapienza, J. Keith Murnighan, Michael J. Mazzeo, Efraim Benmelech, Carola Frydman and Nicola Persico
September 7, 2018
Podcast: What Veterans Can Bring to Your Organization
A discussion of how former soldiers make loyal employees and trustworthy CEOs.
Researchers: Efraim Benmelech, Carola Frydman and Dan Friend
August 3, 2018
To Stop ISIS Recruitment in Western Countries, Promote Assimilation
An outsized number of radicalized recruits come from prosperous, egalitarian nations where Muslims feel isolated.
Researchers: Efraim Benmelech and Esteban Klor
March 8, 2017
Why Did Car Sales Drop So Dramatically During the Financial Crisis?
Even willing buyers were affected by a credit freeze.
Researchers: Efraim Benmelech, Ralf R. Meisenzahl and Rodney Ramcharan
April 4, 2016
How Malls Die—and How Your Business Could Be Next
When retail-store locations go under, they drag nearby stores down too.
Researchers: Efraim Benmelech, Nittai K. Bergman, Anna Milanez and Vladimir Mukharlyamov
October 6, 2014
Do Former Soldiers Make Better CEOs?
Chief executives with military experience perform better under pressure and are much less likely to commit corporate fraud
Researchers: Efraim Benmelech and Carola Frydman
February 3, 2014
How Bankruptcy Spreads
The bankruptcy of a single airline can reduce collateral values industry-wide
Researchers: Efraim Benmelech and Nittai K. Bergman
January 2, 2013