Emmanuel Yimfor
Assistant Professor of Business, Columbia University
Emmanuel Yimfor joined Columbia Business School in 2023, following a position as Assistant Professor of Finance at the Ross School of Business, University of Michigan. His research is centered on empirical corporate finance, with a particular emphasis on entrepreneurial finance, private equity, and financial intermediation. His work aims to identify and address various frictions inhibiting startups' access to external financing, particularly among historically disadvantaged groups. Emmanuel earned his undergraduate degree in Marketing from the Catholic University of Central Africa, followed by an MBA and a master’s in economics from Kent State University. He holds a Ph.D. in Finance from Rice University.
Recent work by Emmanuel Yimfor
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Where international finance meets development: The role of currency risk
Currency volatility in African markets shapes development outcomes by determining who can access capital and on what terms, with firms in shallow financial markets often forced to choose between expensive local-currency finance and exchange-rate risk from foreign-currency debt. Addressing this requires both better micro-level evidence on how FX risk flows through households, firms, and investors, and policies that can expand financing access without simply redistributing risk.
Published 11.05.26