Elisabeth Kempf

Elisabeth Kempf joined Chicago Booth in 2016. Her primary research interest is in empirical corporate finance. Her research has explored ideological biases and conflicts of interest in information production by financial analysts and economists, as well as issues related to corporate governance. Her work has appeared in the Review of Financial Studies and in the Journal of Financial Economics, and has received a number of awards, including the Financial Research Association Best Paper Award, the AQR Top Finance Graduate Award 2016, the WFA Cubist Systematic Strategies Ph.D. Candidate Award for Outstanding Research, and the Young Scholars Finance Consortium Best Ph.D. Paper Award. Her research has been featured in several news outlets including Bloomberg, CNBC, and the Wall Street Journal. Kempf is also a Research Affiliate at the Centre for Economic Policy and Research.

How the US Partisan Divide Shapes Global Capital Flows

A new empirical paper explores how partisan perception affects capital allocation beyond national borders, showing that the global investment practices of US...

Are American Firms Becoming Politically Polarized?

A new paper examines political polarization among top executives in S&P 1500 firms, highlighting a robust trend toward political polarization in corporate...

Central Bankers Face Potential Conflict of Interest When Writing About QE Policies

As Quantitative Easing makes a return during the global Covid-19 pandemic, its effectiveness has once again come under intense debate in both...

Latest news

How Many Banks Are at Risk of Insolvency Right Now?

Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...

The Challenges of Regulating Disinformation

In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

Can Twitter Be a Force for Good? Social Media Helps Curb Corporate Misconduct

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms.

The Historical Cost of Populism

Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick,  Christoph Trebesch,...

Globalization’s Uneven Impact on Women’s Occupational Attainment

The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research,...

Nobel Laureate Douglas Diamond on How the Fed Could Have Prevented SVB’s Collapse

Nobel Laureate and bank run expert Douglas Diamond argues that the Fed’s choice to signal long-term low interest rates, and then suddenly...