Economics Division

Professor Bartel is the Merrill Lynch Professor of Workforce Transformation at Columbia Business School and the Director of Columbia Business School's Workforce Transformation Initiative. She is an expert in the fields of labor economics and human resource management and has published numerous articles on employee training, human capital investments, job mobility, and the impact of technological change on productivity, worker skills, and outsourcing decisions. Bartel received the 1992 Margaret Chandler Award for Commitment to Excellence in teaching.

Laura Boudreau is an Assistant Director at Columbia Business School.  Laura received her Ph.D. from the University of California, Berkeley. Her research focuses on working conditions, labor market institutions, and firm productivity in developing countries. She is especially interested in how the intersection of global supply chains with local institutions affect firms’ and workers’ outcomes.

Wouter Dessein is the Eli Ginzberg Professor of Finance and Economics at Columbia Business School. He served as chair of the Economics division from 2017 until 2021 and as the Editor-in-Chief of the Journal of Law, Economics and Organization from 2013 until 2019.

Professor Donaldson teaches courses in basic finance and options. He focuses on business cycles and asset pricing, with a particular emphasis on the real side of the economy’s impact on equilibrium pricing of financial assets. His work has appeared in numerous professional journals, including the Journal of Economic Dynamics and Control, Econometrica, the Journal of Economic Theory and the Journal of Monetary Economics.

Laura Doval is the Chong Khoon Lin Professor of Business in the Economics Division at Columbia Business School. She is a microeconomic theorist working in the areas of mechanism design, market design, and information economics. Her work has been published in Econometrica and the Journal of Political Economy.

Professor Doval is also a Research Affiliate at the Centre for Economic Policy Research (CEPR) (Industrial Organization), and an Associate Editor at Theoretical Economics, the Journal of the European Economic Association, and Economic Theory.

William J. Drake is Director of International Studies at the Columbia Institute for Tele-Information in Columbia Business School.  His research and policy engagement concerns the international institutions governing the Internet, telecommunications, electronic commerce and the digital economy.  Drake previously taught at the University of Zurich, Georgetown University, and the University of California at San Diego.  

Professor Edwards is a specialist in financial markets and institutions, financial regulation and derivatives markets. He teaches courses on futures markets and contemporary issues in financial markets. Edwards has written dozens of books and articles on topics in banking, financial markets and derivatives, including a textbook, Futures and Options. In his recent book, the New Finance: Regulations and Financial Stability, he argues that financial regulation must be reformed to make it more compatible with today’s market realities.

R.A. Farrokhnia, a recipient of the Dean's Award for Teaching Excellence, is an Executive Director at the Dean's Office of "Advanced Projects and Applied Research in Fintech." He also teaches courses at Schools of Business and Engineering; in addition, he is a lecturer and Board Member of the Knight-Bagehot Program at Columbia Graduate School of Journalism.

Caroline Feehan graduated from Barnard College in 2018. Most recently she has worked as a tutor for Applerouth Tutoring Services. 

Geoffrey Heal, Donald C. Waite III Professor Emeritus of Social Enterprise at Columbia Business School, is noted for contributions to economic theory and resource and environmental economics. He holds bachelors (first class), masters and doctoral degrees from Cambridge University, where he studied at Churchill College and taught at Christ’s College. He has also taught at Sussex, Essex, Yale, Stanford, École Polytechnique, Stockholm and Princeton. He holds an Honorary Doctorate from the Universite´ de Paris Dauphine.

Brett House is Professor of Professional Practice in the Economics Division at Columbia Business School. His research and writing are focused on macroeconomics and international finance, with interests in fiscal issues, monetary policy, international trade, financial crises, and debt markets. His work has been published in peer-reviewed journals and international media.

Professor Hubbard is a specialist in public economics, managerial information and incentive problems in corporate finance, and financial markets and institutions. He has written more than 100 articles and books on corporate finance, investment decisions, banking, energy economics and public policy, including two textbooks, and has authored The Wall and the Bridge and coauthored Balance, The Aid Trap, and Healthy, Wealthy, and Wise.

Professor Khandelwal teaches an elective course on International Business. His research interests examine issues in international and development economics, including the strategic response of firms to trade liberalizations and increased international competition.

Frank R. Lichtenberg is Cain Brothers & Company Professor of Healthcare Management in the Faculty of Business Economics at the Columbia University Graduate School of Business; a Research Associate of the National Bureau of Economic Research; and a member of the CESifo Research Network. He received a BA with Honors in History from the University of Chicago and an MA and PhD in Economics from the University of Pennsylvania.

Rocio Martinez is an Assistant Director in the Economics division. She started at the Business School in September 2005. Rocio is from New York City. 

Frederic S. Mishkin is the Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He is also a Research Associate at the National Bureau of Economic Research, and from September 2006 to August 2008 was a member (governor) of the Board of Governors of the Federal Reserve System. He has also been a Senior Fellow at the FDIC Center for Banking Research, and past President of the Eastern Economic Association. Since receiving his Ph.D.

Christian is an Assistant Professor within the Finance and Economics Division at Columbia Business School. His research focuses on macroeconomics and labor economics, with additional interests in public economics. The common theme behind his research is to understand the determinants of earnings inequality and the role redistributive policies. Before joining Columbia, Christian received a Ph.D. in Economics from Princeton University where he was named a Fellow of Woodrow Wilson Scholars and was awarded the Towbes Prize for Outstanding Teaching.

Professor of Economics and Garrett Professor of Public Policy and Business Responsibility, emeritus. Director of the Columbia Institute for Tele-Information, a research center focusing on management and policy issues in telecommunications, internet, and electronic mass media. Served as Public Services Commissioner of New York State. Appointed by the White House to the President’s IT Advisory Committee. Also taught at Columbia Law School, Princeton University’s Economics Department and Woodrow Wilson School, and the Swiss universities of St. Gallen and Fribourg.

Cristóbal Otero is an Assistant Professor of Economics at Columbia Business School. He holds a PhD in Economics from UC Berkeley and an MSc in Political Philosophy from LSE. His areas of interest are public finance, labor economics, and organizational economics, and his current research focuses on how to improve government productivity in the delivery of public goods and services.

Jacopo Perego is a Class of 1967 Associate Professor of Business in the Economics Division at Columbia Business School. His research specializes in the economics of information, the analysis of how economic agents strategically acquire, use, and share information. His work primarily focuses on topics such as the optimal design of information policies, the competitive provision of information, and strategic communication. Prior to joining Columbia, he was a Postdoctoral Associate at the Cowles Foundation, Yale University.

Tommaso Porzio is the Daniel W. Stanton Associate Professor (untenured) of macroeconomics in the Economics Division at Columbia Business School. His research primarily studies the role of human capital for growth and economic development with a focus on understanding the barriers that may prevent individuals from exploiting their talent. His work has been published in the American Economic Review, Econometrica, and the Journal of Political Economy. 

Andrea Prat is the Richard Paul Richman Professor of Business at Columbia Business School and Professor of Economics at the Department of Economics, Columbia University. After receiving his PhD in Economics from Stanford University in 1997, he taught at Tilburg University and the London School of Economics. He joined Columbia in 2012.

Thomas Prusa is Professor of Economics at Rutgers University, New Brunswick, New Jersey. Prior to moving to Rutgers University he was a professor at State University of New York, Stony Brook, New York. He also is a Research Associate of the National Bureau of Economic Research, Cambridge, Massachusetts. He received his PhD from Stanford University in 1988. He has published numerous articles in leading journals and books. He has received “best article of the year” by Economic Inquiry and Review of International Economics.

Aamir A. Rehman is a Senior Fellow at the Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University. His contributions to the Center focus on investors’ ESG considerations and the public aspects of private investments. 

Jonah E. Rockoff is Paul Garrett Professor of Public Policy and Business Responsibility at the Columbia Graduate School of Business and Research Associate at the National Bureau of Economic Research. Professor Rockoff's interests center on the finance and management of public schools. His most recent research focuses on systems for hiring new teachers, the effects of No Child Left Behind on students and schools, the impact of removing school desegregation orders, and how primary school teachers affect students' outcomes in early adulthood. He received his Ph.D.

Jesse Schreger is an associate professor of macroeconomics in the Economics Division at Columbia Business School. His research is primarily on international finance and macroeconomics, focusing on sovereign debt and exchange rates. His work has been published in the American Economic Review,  the Journal of Finance, and the Journal of International Economics.

Professor Selden teaches debt markets and lectures on shareholder value creation for business groups around the world. A recipient of grants from the National Science Foundation and the Center for Operations Research and Econometrics, Selden has analyzed models of portfolio allocation and preference determination. His current research focuses on linking sales and marketing efforts to a corporation’s share price. He is also applying his findings to Executive Education programs.

Professor Sicherman analyzes the roles of education, job training, occupational and job mobility, moonlighting and retirement in the formation of careers. He currently studies the various effects of technological change on the U.S. labor market. In addition, Sicherman works with different medical groups on using cost-benefit analysis in medical decision making. A faculty research fellow at the National Bureau of Economic Research, he is the recipient of research grants from the National Science Foundation, the U.S. Department of Labor and the Citicorp Behavioral Science Research Council.

Professor Siconolfi teaches the core course Managerial Economics. He works with general equilibrium theory, information theory and dynamic models in monetary theory. His main contributions deal with the equilibrium properties of incomplete market economies, the existence of sunspot equilibria and the informativeness of equilibrium prices. Recently, he has also examined the dynamic efficiency of a social security system in the context of an overlapping generations model.

Professor Stiglitz accepted a joint appointment to a chaired professorship at Columbia Business School, the Graduate School of Arts and Sciences (in the Department of Economics) and the School of International and Public Affairs in the spring of 2001. He was the first Joel M. Stern Faculty Scholar at Columbia Business School from Fall 1999 until Spring 2001. From 1997 to 2000, he served as the World Bank's Chief Economist and Senior Vice President, Development Economics. Prior to that, he served on President Clinton's economic team as a member of the U.S.

Paola Valenti is a Professor of Professional Practice in the Faculty of Business, Economics Division at Columbia Business School. She is an economist with expertise in applied microeconomics, applied econometrics, and economics of antitrust and intellectual property. She has expertise in industries such as electronics, pharmaceuticals, medical devices, industrial chemicals, consumer products, food, and computer hardware and software. Valenti previously served as a consultant at NERA Economic Consulting, developing economic research and quantitative analysis.

* 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.

Dr. Shang-Jin Wei is N.T. Wang Professor of Chinese Business and Economy and Professor of Finance and Economics at Columbia University’s Graduate School of Business and School of International and Public Affairs.

Professor Wilkinson teaches the core course Global Economic Environment. He is widely known for his publications on economic theory, financial markets and public economics. A former member of the professional staff of the President’s council of economic advisers and chief economist of the council on wage and price stability, he has consulted extensively for the federal government and major U.S. and European companies.

Pierre Yared is the MUTB Professor of International Business, Senior Vice Dean for Faculty Affairs, and Vice Dean for Executive Education at Columbia Business School. His research, which has been published in leading academic journals, focuses on macroeconomic policy and political economy. He is a research associate of the National Bureau of Economic Research. Yared teaches Global Economic Environment, a Core MBA course in macroeconomics for which he received the Dean’s Award for Teaching Excellence.

Stephen P. Zeldes is the Frank R. Lautenberg Professor of Economics and Public Policy at Columbia University’s Graduate School of Business. He serves as co-director of the Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University.  He served as chair of the school’s Finance and Economics division from 2014-17.