Efraim Benmelech is Henry Bullock Professor of Finance & Real Estate, he is a Co-Director of the Guthrie Center for Real Estate Research, a Director of the Crown Family Israel Center for Innovation at the Kellogg School of Management and a Research Associate at the National Bureau of Economic Research (NBER). Benmelech’s research interests are in the field of credit markets where he studies the bond market, financial crises, securitization, bankruptcy and financial distress. He also writes extensively on the the economics of national security, the economics of terrorism,  and economic history. Professor Benmelech’s research has received wide media coverage in outlets such as Bloomberg, the Boston Globe,  The Economist, the Financial Times, Fortune, the New York Times, Wall Street Journal and USA TODAY. Benmelech received his Ph.D. from the University of Chicago in 2005.