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."
Professor Parinitha (Pari) Sastry is an assistant professor of finance at Columbia Business School. Her research focuses on climate change, financial intermediation, and real-estate markets. She received her B.A. from Columbia University and her finance Ph.D. from the Massachusetts Institute of Technology. She has worked previously at the Department of Treasury, Task Force on Climate-Related Financial Disclosures, Brookings Institution, and New York Fed.
Hitendra Wadhwa is Professor of Practice at Columbia Business School and founder of the Mentora Institute. He teaches Columbia's most popular MBA leadership class on Personal Leadership & Success. He also teaches MBA and Executive Education programs on Driving Strategic Impact and Leading from the Inside Out, and has received the Executive-MBA Commitment to Excellence Award, the Dean's Award for Teaching Excellence, the Lear Award for Service to Students, and the Columbia Marketing Association Award for the Most Dynamic and Engaging Professor.
Stephen Zagor is a New York City based Consultant and Educator, focusing on restaurants and food businesses. He has developed an extensive knowledge of the culinary industry, specializing in the business side of food enterprises.
As a consultant Steve has provided comprehensive support to a wide variety of clients including entrepreneurs starting restaurants, food retail businesses and food products. His clients have included large public companies, investment funds, government agencies, lawyers, large restaurant groups and small food business owners.
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.