KF* is a tool developed by economists at UVA Darden to estimate the natural level of capital inflows a country should expect to receive. By comparing actual inflows to this benchmark, KF* helps spot early signs of financial risks, like “sudden stops,” and gives policymakers and investors a clearer read on the stability of capital flows.
Expert
Francis E. Warnock
James C. Wheat, Jr. Professor of Business Administration
Insights
The 2025 “Economic Report of the President,” released in January, extensively cites the research of Francis E. Warnock, the James C. Wheat Jr. Professor of Business Administration at the University of Virginia Darden School of Business.
Darden Professors Frank Warnock and Veronica Cacdac Warnock bring their financial acumen to bear on one of the most pressing needs in the world — adequate housing.
Darden Professor Frank Warnock shares insights from the 2015 Global Financial Stability Conference and offers guidance on the way forward.