Columbia Business School Research Reveals That A Smile in a Profile Photo can Help AirBnB Hosts Increase Bookings
Contrary to popular views, new research finds less than half of the debates are online versus in person
Columbia Business School research reveals the impact of employees' anticipation of in-person work on their engagement and feelings about work.
Columbia Business School Research Reveals That Addressing the Psychology of Secrets Can Enhance Emotional Well-Being and Social Connections
Columbia Business School research employs a novel financial-economic model to depict how current carbon pricing could prevent climate risks
White paper reveals barriers to innovation and strategies for realizing transformative improvements
The Tamer Institute for Social Enterprise and Climate Change Will Address Urgent Need for Business Climate Research and Education
The following message was sent to the Columbia Business School Community on October 10, 2023.
Designed by Columbia Business School, the New Initiative Will Accelerate the Teaching of Climate Change in Business Schools Globally
The Theodora Rutherford Inclusion Award celebrates CBS students who are committed to diverse experiences and inclusive leadership.
"Consumers are getting stressed. They used pandemic stimulus, they maxed their credit cards, they maxed their auto loans. I saw in the lowest income zip codes, defaults are higher than in the Great Recession in some of these areas. So, we have this silent consumer default crisis."
- Professor Tomasz Piskorski
"The future is going to look hybrid. There are benefits to being in person, but that doesn’t need to be five days a week by any stretch of the imagination."
- Professor Stephan Meier
"Consumer sentiment has improved but it still remains less positive than one would’ve historically anticipated based on the economic data we have been receiving."
- Professor Brett House
"Demand has abated because of high prices, and, what are a whole variety of retailers doing and a other enterprises doing? They are lowering their prices."
- Professor Mark Cohen
“The scientists are only testing whether their salt spray machine works and studying how salt particles move through the air. “Frankly, it was about as innocuous an experiment as one can do,’ said Gernot Wagner, a climate economist at Columbia Business School who wrote a book on planet-cooling technologies, ‘Geoengineering: the Gamble.”
Why are more people filing to start new businesses? Columbia Business School professor Angela Lee told Entrepreneur that the reason could be the "Unprecedented number of layoffs from big tech companies in the last several years, resulting in a large pool of talent freed up to pursue entrepreneurship.” Lee, the director of the Eugene Lang Entrepreneurship Center, also noted that "entrepreneurship has historically been counter-cyclical because the opportunity cost to start a company goes down during a recession."
We are in a long and slow transition process,” said Stijn Van Nieuwerburgh, a professor of real estate at Columbia University, speaking broadly about the office sector. “The demand is very weak and continues to weaken.”
"There are also some inherent differences and limitations when it comes to insight generation,' says Toubia. 'While I use generative AI as a quick testing ground to be able to fine-tune language or summarize data, we are not yet at a point where it can replace humans."
The real-estate industry just went through a historic shift that will fundamentally change how agents are paid for helping people buy and sell homes.
The new rules, which went into effect on Aug. 17, are supposed to make the process of buying and selling a home more transparent. But they could also result in higher home prices, according to a new working paper circulated by the National Bureau of Economic Research.
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.
Professor Tomasz Piskorski's working paper, published Monday by the National Bureau of Economic Research (NBER), analyzed the potential impact of reduced commissions on home prices and looked at who may benefit the most.
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.
"Even with the chance that the rule could be halted nationally by Brown five days before its effective date, it's safer for businesses to prepare for the rule to become effective, according to Lori Yue, an associate professor in the management division at Columbia Business School."
Lori Qingyuan Yue is Associate Professor at the Management Division in Columbia Business School. Her research focuses on the interplay among business, society, and government, especially regarding how firms respond to contentious social environments and regulation uncertainty. She has published papers on industry self-regulation, business collective action, business responses to social movement, and corporate political strategies.
Professor David E. Weinstein, CJEB's Director, co-authored a paper titled "Codification, Technology Absorption, and the Globalization of the Industrial Revolution." The paper explores Japan's massive public investments in codifying technical knowledge to explain why it was unique among non-Western countries in industrializing in the 19th and early 20th centuries.
David E. Weinstein is the Carl S. Shoup Professor of the Japanese Economy at Columbia University. He is also the director of the Center on Japanese Economy and Business (CJEB),co-director of Columbia’s APEC Study Center, co-director of the Japan Project at the National Bureau of Economic Research (NBER), and a member of the Center for Economic Policy Research (CEPR).
The S&P 500, an index composed of the biggest publicly traded companies in the U.S., hit another all-time high this week. And in an unusual twist, it has been financial stocks at the forefront of the rally. The share prices of big banks have hit all-time highs, helping the finance sector eclipse tech on some days in pushing the S&P higher.
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.
Professor Takatoshi Ito, director of CJEB's Program on Public Pension and Sovereign Funds, and professor at the School of International and Public Affairs at Columbia University, wrote the Project Syndicate article "The Bank of Japan's Go-Slow Policy Normalization." Professor Ito discusses the Bank of Japan's cautious approach to monetary policy normalization, stating, "The Bank of Japan has consistently sent the message that its monetary-policy normalization will be cautious and data-dependent.
Takatoshi Ito is one of Japan premier economists. A professor at the prestigious University of Tokyo, he is the author or co-author of several books on the Japanese and global economy. He served in the Japanese government as Deputy Vice Minister for International Finance in the Ministry of Finance and was a member of Japan’s Council on Economic and Fiscal Policy. He has been a senior advisor in the research department of the International Monetary Fund and has taught at Harvard University and the University of Minnesota.
Tomasz Piskorksi of Columbia Business School says Fed didn’t include scenarios that killed Silicon Valley Bank, First Republic.
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.
* 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.
* 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.
Professor Takatoshi Ito, Director of CJEB’s Program on Public Pension and Sovereign Funds, appeared on Bloomberg and discussed his views on the Bank of Japan’s likely reduction in government bond purchases.
Takatoshi Ito is one of Japan premier economists. A professor at the prestigious University of Tokyo, he is the author or co-author of several books on the Japanese and global economy. He served in the Japanese government as Deputy Vice Minister for International Finance in the Ministry of Finance and was a member of Japan’s Council on Economic and Fiscal Policy. He has been a senior advisor in the research department of the International Monetary Fund and has taught at Harvard University and the University of Minnesota.
