Columbia Business School Celebrates the Launch of the Open Climate Curriculum
Designed by Columbia Business School, the New Initiative Will Accelerate the Teaching of Climate Change in Business Schools Globally
Designed by Columbia Business School, the New Initiative Will Accelerate the Teaching of Climate Change in Business Schools Globally
New Research from Columbia Business School Finds Positions of Power Play a Major Role in Explaining Sex/Gender Differences
Columbia Business School Study Finds Difference between Men and Women’s Attitudes Toward Their Jobs
Columbia Business School research reveals that economic hardships experienced in formative years can impact attitudes toward immigration and government redistribution later in life
Six Studies Address Key Topics Crucial for Enhancing Outcomes for Women in Business
The following message was sent to the Columbia Business School Community on October 10, 2023.
Columbia Business School Study Finds Difference between Men and Women’s Attitudes Toward Their Jobs
The Theodora Rutherford Inclusion Award celebrates CBS students who are committed to diverse experiences and inclusive leadership.
Six Studies Address Key Topics Crucial for Enhancing Outcomes for Women in Business
"The more recent runup in public debt was driven by support to households and businesses through the shutdowns of the pandemic. And then more recently the Inflation Reduction Act, or so-called Inflation Reduction Act, that chips out the movement by the Biden Administration to invest in a clean transition. Which, in both cases are important and productive spending initiatives to have undertaken that will, in the first case, ensure as we have seen, that the U.S. came through the shutdowns of the pandemic and has generated higher economic growth through 2023 than any other country in the G7, and is set to do so again in 2024."
- Brett House
"[For the] Super Bowl [ads] we are talking 7 million [dollars] for 30 seconds, I mean crazy stuff. What's the strategy? Well, you might argue they want to target a customer. Now the customer base is, of course, the mass market, the consumers, it's pretty much everybody watching, at least 50% of the population. So it seems, as a target, a little bit off if you're a B2B company."
- Professor Bernd Schmitt
"There's a couple of factors that point to the long-term mortgage rates sort of being stickier than one might expect. One of which is that the large buyers of government bonds, namely the Fed, foreign central banks, and the commercial banks in the United States, all three of those are sort of pulling out and have sort of pulled back on how much long-term government bonds they buy. So that means that other buyers, like households or investors that are more price-sensitive, will need to buy these government bonds. And so that means that these bonds will need to have higher interest rates."
- Stijn Van Nieuwerburgh
"I'm from the school that says hope for the best, plan for the worse. So, I want to know what backups will protect my point of sale capacity when something fails. I want to know that when the underlying system goes down, a customer's transaction can be captured offline and recovered. I want to know that there's uninterruptible power supply [that keeps] stores point of sale equipment alive. Now, you know when this certificate power outage store, I suppose because the lights go out. But if it's a store in a location with a history of power outages, I want to know that there's either a dead set that's installed, or there's multiple feeds to a store."
- Professor Mark Cohen
"Ultimately, people will understand what real estate agents really do, especially on the buy side. The whole business model actually under which we operate right now makes these fees not very transparent to home buyers."
"The most likely impact [of the potential seizure of Trump's properties] is that we get to see how much you can get for a property if you have to sell it in a hurry. We get to see an important transaction, and there's some price discovery that comes with that transaction. But I don't think, beyond that, this is not going to make or break the overall commercial real-estate market."
"They [tech companies and startups] need each other, especially in a space like AI which requires engineering expertise and lots of computing power. It’s a sensible way for the large tech companies to spread out the risk."
"When suddenly we don't know where the price is coming from — one day it's this, another day it's this — it feels like a little bit of a punch in the gut. We don't know how much we're going to pay when we go to eat out, and that doesn't feel good."
* It's pronounced like "juggernaut" without the "jug."
Gernot Wagner is a climate economist at Columbia Business School. His research, writing, and teaching focus on climate risks and climate policy.
Shiva Rajgopal is the Kester and Byrnes Professor of Accounting and Auditing at Columbia Business School. He has also been a faculty member at the Duke University, Emory University and the University of Washington. Professor Rajgopal’s research interests span financial reporting, earnings quality, fraud, executive compensation and corporate culture. His research is frequently cited in the popular press, including The Wall Street Journal, The New York Times, Bloomberg, Fortune, Forbes, Financial Times, Business Week, and the Economist.
Hidayat Hamidov, Eugene Lang Center
* It's pronounced like "juggernaut" without the "jug."
Gernot Wagner is a climate economist at Columbia Business School. His research, writing, and teaching focus on climate risks and climate policy.
Tomasz Piskorski is the Edward S. Gordon Professor of Real Estate in the Finance Division at Columbia Business School. He is also a Research Associate at the National Bureau of Economic Research and serves on the Academic Research Council of the Housing Finance Policy Center at the Urban Institute. Professor Piskorski earned a M.S. in Mathematics from New York University Courant Institute of Mathematical Sciences and a Ph.D. in Economics from New York University Stern School of Business.
Dan Wang is Lambert Family Associate Professor of Business and (by courtesy) Sociology at Columbia Business School, where he is also the Co-Director of the Tamer Center for Social Enterprise. His research examines how social networks drive social and economic transformation through the analysis of global migration, social movements, organizational innovation, and entrepreneurship. He teaches the core MBA Strategy Formulation course, an elective MBA course on Technology Strategy, a PhD seminar on Organizational Theory.
Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia University’s Graduate School of Business, which he joined in July 2018. His research lies in the intersection of housing, asset pricing, and macroeconomics. One strand of his work studies how financial market liberalization in the mortgage market relaxed households' down payment constraints, and how that affected the macro-economy, and the prices of stocks and bonds.
Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia University’s Graduate School of Business, which he joined in July 2018. His research lies in the intersection of housing, asset pricing, and macroeconomics. One strand of his work studies how financial market liberalization in the mortgage market relaxed households' down payment constraints, and how that affected the macro-economy, and the prices of stocks and bonds.
Tomasz Piskorski is the Edward S. Gordon Professor of Real Estate in the Finance Division at Columbia Business School. He is also a Research Associate at the National Bureau of Economic Research and serves on the Academic Research Council of the Housing Finance Policy Center at the Urban Institute. Professor Piskorski earned a M.S. in Mathematics from New York University Courant Institute of Mathematical Sciences and a Ph.D. in Economics from New York University Stern School of Business.
Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia University’s Graduate School of Business, which he joined in July 2018. His research lies in the intersection of housing, asset pricing, and macroeconomics. One strand of his work studies how financial market liberalization in the mortgage market relaxed households' down payment constraints, and how that affected the macro-economy, and the prices of stocks and bonds.
Matthew Quint is a Director in the Center on Global Brand Leadership. Matthew researches, writes, and presents on a wide range of issues critical to building a strong brand. His expertise is in marketing ROI, strategies for marketing in the digital age, and the development of creative and effective brand communications. He is also the producer and host of the Center's BRITE conference.
Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia University’s Graduate School of Business, which he joined in July 2018. His research lies in the intersection of housing, asset pricing, and macroeconomics. One strand of his work studies how financial market liberalization in the mortgage market relaxed households' down payment constraints, and how that affected the macro-economy, and the prices of stocks and bonds.