Joseph Kalmenovitz is an Assistant Professor of Finance at the Simon Business School, University of Rochester. Before joining Simon, Kalmenovitz was a faculty member at Drexel University. He received a PhD in Finance in 2020 from the Stern School of Business (New York University), and a joint degree in Law and Economics (magna cum laude) in 2012 from the Hebrew University of Jerusalem. Kalmenovitz is a member of the Israel Bar Association and served as a senior law clerk for the Supreme Court of Israel, prior to his academic career.
Professor Kalmenovitz is primarily interested in the economics of regulations. Companies view regulation as a major risk factor that profoundly affects every business decision. But there is surprisingly little research on regulation. Even basic questions, such as how to measure regulation, remain unsolved. Professor Kalmenovitz works with large new datasets and relies on his extensive legal training to try and shed light on this fundamental topic. He is also interested in the intersection of finance and labor and in corporate governance.
Corporate Finance, Law and Finance