Efraim Benmelech

  • 994 Citations
20052019
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Personal profile

Research Interests

Professor Benmelech’s research interests are in the field of credit markets where he studies financial contracting, financial crises, securitization, bankruptcy and financial distress. He also writes extensively on the economics of terrorism and economic history.

Education/Academic qualification

Finance, PhD, The University of Chicago

… → 2005

MBA, The Hebrew University of Jerusalem

… → 2001

Economics and Business Administration, BA, The Hebrew University of Jerusalem

… → 1999

Research interests

  • Applied Corporate Finance
  • Bankruptcy
  • Credit Markets
  • Economic History
  • Financial Contracting

Fingerprint Dive into the research topics where Efraim Benmelech is active. These topic labels come from the works of this person. Together they form a unique fingerprint.

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Research Output 2005 2019

  • 994 Citations
  • 22 Article
  • 7 Working paper
  • 3 Chapter (peer-reviewed)
  • 3 Review article
3 Citations (Scopus)

Financial frictions and employment during the Great Depression

Benmelech, E., Frydman, C. & Papanikolaou, D., Sep 1 2019, In : Journal of Financial Economics. 133, 3, p. 541-563 23 p.

Research output: Contribution to journalArticle

Great Depression
Financial frictions
Friction
Credit supply
Public debt

The agglomeration of bankruptcy

Benmelech, E., Bergman, N., Milanez, A. & Mukharlyamov, V., Jan 1 2019, In : Review of Financial Studies. 32, 7, p. 2541-2586 46 p.

Research output: Contribution to journalArticle

Bankruptcy
Agglomeration
Financial distress
Liquidation
Peers

Credit market freezes

Benmelech, E. & Bergman, N. K., Jan 1 2018, In : NBER Macroeconomics Annual. 32, 1, p. 493-526 34 p.

Research output: Contribution to journalArticle

Credit markets
Financial crisis
Adverse selection
Liquidity
Illiquidity
16 Citations (Scopus)

The real effects of liquidity during the financial crisis: Evidence from automobiles

Benmelech, E., Meisenzahl, R. R. & Ramcharan, R., Feb 1 2017, In : Quarterly Journal of Economics. 132, 1, p. 317-365 49 p., qjw031.

Research output: Contribution to journalArticle

Liquidity
Financial crisis
Illiquidity
Automobile
Car

Discussion of Patrick Bolton’s “Corporate Finance, Incomplete Contracts, and Corporate Control”

Benmelech, E., 2016, The Impact of Incomplete Contracts on Economics. Aghion, P., Dewatripont, M., Legros, P. & Zingales, L. (eds.). 1st ed. Oxford University Press, p. 138-143 6 p.

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

Open Access
Incomplete contracts
Financial contracting
Corporate control
Corporate finance
Empirical evidence