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Business Economics and Public Policy
Borrowers Beware! When It Comes to Business Loans and Defaults, Not All State Laws Are Created Equal
Press Release | August 18, 2014
Columbia Business School study finds that New York’s tough contract laws make it the most favorable state for lenders
Hong Kong Popping Housing Bubbles London Can’t Handle
Media Mentions | July 30, 2014 | Bloomberg Businessweek
Prof. Chris Mayer says the recent New York City mayoral election is just the beginning of increased attention around housing affordability as an election issue.
‘Broken Windows’ Is Good in Theory, Troubling in Practice
Media Mentions | July 27, 2014 | The New York Times
Donnel Baird ’13 argues that instead of more policing and criminalizing of minorities, the NYPD should offer alternative ways of protecting the community, such as providing training and employment to offenders of minor violations.
Homeownership Equals Stability
Media Mentions | July 16, 2014 | The New York Times
In Room for Debate, Prof. Chris Mayer argues that homeownership is a pathway to long-term financial stability for many Americans.
JPMorgan Pulls Back from Mortgage Lending on Foreclosure Worries
Media Mentions | July 15, 2014 | Reuters
Prof. Chris Mayer says that JPMorgan’s and other lenders’ reluctance to rely on government loan guarantees and insurance could make it more difficult for people to secure financing to buy homes, despite government programs that exist to help credit flow to these borrowers.
Sweden’s School Choice Disaster
Media Mentions | July 15, 2014 | Slate
Prof. Ray Fisman says that many education reformers tend to view initiatives such as education technology, charters, or school choice vouchers as the “silver bullet,” when in fact improving educational outcomes is a “hard, messy, complicated process.”
Delamaide: Big Banks Are Here to Stay
Media Mentions | July 15, 2014 | USA Today
In his book, Fragile by Design, Prof. Charles Calomiris proposes a new requirement for big banks that serves as a safeguard to mitigate the too-big-to-fail problem.
Citigroup Pays Up for the Financial Crisis
Media Mentions | July 14, 2014 | MSNBC
Prof. Chris Mayer says that Citigroup’s $7 billion settlement with the Justice Department over accusations of misdeeds contributing to the financial crisis may be too little too late, since “the pending litigation and fears of uncertain rules have long inhibited new mortgage market activity and lending.”
What Happens When Test Scores Drop?
Media Mentions | July 11, 2014 | The Wall Street Journal
Prof. Jonah Rockoff’s research finds that while New York test scores dropped drastically after the implementation of the Common Core State Standards, the performance of New York schools relative to one another was largely unchanged.
The End of the Internet?
Media Mentions | June 25, 2014 | The Atlantic
Prof. Eli Noam predicts that the Internet of the future will be federated into geographic or political regions, each with its own content regulations and trade rules.
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