R. Glenn Hubbard
- Dean Emeritus; Russell L. Carson Professor of Finance and Economics
- Economics Division
- Director
- Jerome A. Chazen Institute for Global Business
- Chazen Institute Board
- Jerome A. Chazen Institute for Global Business
- Areas of Expertise
- Corporate Finance, Corporate Governance, Entrepreneurship & Innovation, Financial Institutions, Globalization, Macroeconomics, Microeconomics
- Contact
- Office: 572 Kravis
- Phone: (212) 8542888
- E-mail: [email protected]
- Links
- Curriculum Vitae
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. Hubbard has applied his research interests in business (as a corporate director consultant on taxation and corporate finance), in government (as a former Chair of the U.S. Council of Economic Advisers and the OECD Economic Policy Committee, as well as Deputy Assistant Secretary of the U.S. Treasury Department and as a consultant to the Federal Reserve Board, Federal Reserve Bank of New York, and many government agencies) and in academia (in faculty collaboration or visiting appointments at Columbia, University of Chicago and Harvard). He is co-chair the Committee on Capital Markets and Regulation and past chair of the Economic Club of New York and the Study Group on Corporate Boards.
- Education
-
BA, BS, University of Central Florida, 1979; AM, Harvard, 1981; PhD, 1983
- Joined CBS
- 1988
All Activities
Journal Article
Hubbard, R. Glenn and Christopher Mayer. “The Mortgage Market Meltdown and House Prices.”
The B.E. Journal of Economic Analysis & Policy
vol. 9,
(January 01, 2009): Article 8.
Journal Article
Hubbard, R. Glenn. “Precautionary savings and the governance of nonprofit organizations.”
Journal of Public Economics
vol. 89,
(January 01, 2005): 2231-2243.
Journal Article
Hubbard, R. Glenn. “The Effects of Progressive Taxation on Job Turnover.”
Journal of Public Economics
vol. TK,
(January 01, 2005): TK.
Journal Article
Hubbard, R. Glenn. “'Success Taxes,' Entrepreneurial Entry, and Innovation.”
Innovation, Policy, and the Economy
vol. 5,
(January 01, 2005): 87-108.
Journal Article
Devereux, M. and R. Glenn Hubbard. “Taxing Multinationals.”
International Tax and Public Finance
vol. 10,
(January 01, 2003): 469-87.
Journal Article
Altshuler, Rosanne and R. Glenn Hubbard. “The Effect of the Tax Reform Act of 1986 on the Location of Assets in Financial Services Firms.”
Journal of Public Economics
vol. 87,
(January 01, 2003): 109-27.
Journal Article
Hubbard, R. Glenn, Kenneth Kuttner, and Darius Palia. “Are There Bank Effects in Borrowers' Costs of Funds? Evidence from a Matched Sample of Borrowers and Banks.”
Journal of Business
vol. 75,
(October 01, 2002): 559-81.
Journal Article
Hubbard, R. Glenn and Trevor Harris. “Are Dividend Taxes and Imputation Credits Capitalized in Share Values?”
Journal of Public Economics
vol. 79,
(March 01, 2001): 569-96.
Journal Article
Harris, Trevor and R. Glenn Hubbard. “The Share Price Effects of Dividend Taxes and Tax Imputation Credits.”
Journal of Public Economics
vol. 79,
(March 01, 2001): 569-596.
Journal Article
Gentry, William and R. Glenn Hubbard. “Tax Policy and Entrepreneurial Entry.”
American Economic Review
vol. 90,
(May 01, 2000): 283-87.
Journal Article
Hubbard, R. Glenn and Darius Palia. “A Reexamination of the Conglomerate Merger Wave in the 1960s: An Internal Capital Markets View.”
Journal of Finance
vol. 54,
(June 01, 1999): 1131-52.
Journal Article
Himmelberg, Charles, R. Glenn Hubbard, and Darius Palia. “Understanding the Determinants of Managerial Ownership and the Link Between Ownership and Performance.”
Journal of Financial Economics
vol. 53,
(January 01, 1999): 353-84.
Journal Article
Hassett, Kevin and R. Glenn Hubbard. “Investment Incentives Blunted by Changes in Prices of Capital Goods?: International Evidence.”
International Finance
vol. 1,
(October 01, 1998): 103-25.
Journal Article
Hubbard, R. Glenn. “Capital-Market Imperfections and Investment.”
Journal of Economic Literature
vol. 36,
(March 01, 1998): 193-225.
Journal Article
Gentry, William and R. Glenn Hubbard. “Fundamental Tax Reform and Corporate Financial Policy.”
Tax Policy and the Economy
vol. 12,
(January 01, 1998): 191-227.
Journal Article
Hubbard, R. Glenn. “How Different Are Income and Consumption Taxes?”
American Economic Review
vol. 87,
(May 01, 1997): 138-42.
Journal Article
Gentry, William and R. Glenn Hubbard. “Distributional Implications of Introducing a Broad-Based Consumption Tax.”
Tax Policy and the Economy
vol. 11,
(January 01, 1997): 1-47.
Journal Article
Economides, Nicholas, R. Glenn Hubbard, and Darius Palia. “The Political Economy of Branching Restrictions and Deposit Insurance: A Model of Monopolistic Competition Among Small and Large Banks.”
Journal of Law and Economics
vol. 39,
(October 01, 1996): 667-704.
Journal Article
Cummins, Jason, Kevin Hassett, and R. Glenn Hubbard. “Tax Reforms and Investment: A Cross-Country Comparison.”
Journal of Public Economics
vol. 62,
(October 01, 1996): 237-73.
Journal Article
Hubbard, R. Glenn and Jonathan Skinner. “Assessing the Effectiveness of Saving Incentives.”
Journal of Economic Perspectives
vol. 10,
(January 01, 1996): 73-90.
Journal Article
Calomiris, Charles and R. Glenn Hubbard. “Tax Policy, Internal Finance, and Investment: Evidence from the Undistributed Profits Tax of 1936-1937.”
Journal of Business
vol. 68,
(October 01, 1995): 443-82.
Journal Article
Hubbard, R. Glenn and Darius Palia. “Executive Pay and Performance: Evidence from the U.S. Banking Industry.”
Journal of Financial Economics
vol. 39,
(September 01, 1995): 105-30.
Journal Article
Hubbard, R. Glenn, Anil Kashyap, and Toni Whited. “Internal Finance and Firm-Level Investment.”
Journal of Money, Credit, and Banking
vol. 27,
(August 01, 1995): 683-701.
Journal Article
Hubbard, R. Glenn, Jonathan Skinner, and Stephen Zeldes. “Precautionary Saving and Social Insurance.”
Journal of Political Economy
vol. 103,
(April 01, 1995): 360-99.
Journal Article
Hubbard, R. Glenn and Darius Palia. “Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms.”
RAND Journal of Economics
vol. 26,
(January 01, 1995): 782-92.
Journal Article
Hubbard, R. Glenn, Jonathan Skinner, and Stephen Zeldes. “The Importance of Precautionary Motives for Explaining Individual and Aggregate Saving.”
Carnegie-Rochester Conference Series on Public Policy
vol. 40,
(June 01, 1994): 59-125.
Journal Article
Hubbard, R. Glenn, Jonathan Skinner, and Stephen Zeldes. “Expanding the Life-Cycle Model: Precautionary Saving and Public Policy.”
American Economic Review
vol. 84,
(May 01, 1994): 174-79.
Journal Article
Cummins, Jason, Kevin Hassett, R. Glenn Hubbard, Robert Hall, and Ricardo Caballero. “A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments.”
Brookings Papers on Economic Activity
vol. 2,
(January 01, 1994): 1-74.
Working Paper
Calomiris, Charles and R. Glenn Hubbard.
Options Pricing and Accounting Practice. January 01, 2004.
Newspaper/Magazine Article
Hubbard, R. Glenn.
“The folly of America’s R&D cuts.”
Financial Times.
March 10, 2025.
Newspaper/Magazine Article
Duggan, William and R. Glenn Hubbard.
“Roots of Prosperity.”
Strategy+Business.
January 01, 2010.
Newspaper/Magazine Article
Hubbard, R. Glenn and William Duggan.
“The Forgotten Lessons of the Marshall Plan.”
strategy+business.
January 01, 2008.
Newspaper/Magazine Article
Hubbard, R. Glenn and William Duggan.
“Why Africa Needs a Marshall Plan.”
Financial Times.
June 04, 2007.
Book
Hubbard, R. Glenn and William Duggan.
The Aid Trap: Hard Truths About Ending Poverty. New York:
Columbia Business School,
2009.
Book
Cogan, John, R. Glenn Hubbard, and Daniel Kessler.
Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System. Washington, D.C.:
AEI Press,
2005.
Chapter
Fisman, Raymond and R. Glenn Hubbard.
“The Role of Nonprofit Endowments.”
In The Governance of Not-for-Profit Organizations,
edited by E. Glaeser,
Chicago:
University of Chicago Press,
2003.
Chapter
Cohen, Darrel, Kevin Hassett, and R. Glenn Hubbard.
“Inflation and the User Cost of Capital: Does Inflation Still Matter?”
In The Costs and Benefits of Price Stability,
edited by Martin Feldstein,
Chicago:
University of Chicago Press,
1999.
Chapter
Hassett, Kevin and R. Glenn Hubbard.
“Tax Policy and Investment.”
In Fiscal Policy: Lessons from Economic Research,
edited by Alan J. Auerbach,
Cambridge, Mass.:
MIT Press,
1997.
Chapter
Calomiris, Charles and R. Glenn Hubbard.
“International Adjustment Under the Classical Gold Standard: Evidence for the U.S. and Britain, 1879-1914.”
In Modern Perspectives on the Gold Standard,
edited by Tamim Bayoumi, Barry Eichengreen, and Mark P. Taylor,
189-217.
Cambridge:
Cambridge University Press,
1996.
Chapter
Cummins, Jason and R. Glenn Hubbard.
“The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data.”
In Effects of Taxation on Multinational Corporations,
edited by M. Feldstein, J. R. Hines, and R. G. Hubbard,
Chicago:
University of Chicago Press,
1995.
Chapter
Cummins, Jason, Kevin Hassett, and R. Glenn Hubbard.
“Do Tax Reforms Affect Investment?”
In Tax Policy and the Economy,
edited by J.M. Poterba,
Cambridge, Mass.:
MIT Press,
1995.
Course
B7265: Modern Political Economy
Course
B8784: Business and Society: Reconciling Shareholder and Stakeholder Interests
Course
B8265: Modern Political Economy
Course
B8345: Entrepreneurial Finance
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