Finance Press Release

A decade since start of Great Recession, study details why post-crisis regulations have proven ineffective, counterproductive for both banks and consumers: large costs of regulations are constraining economic growth without reducing risky behavior .

(NEW YORK) – Groundbreaking new research released today by Columbia Business School shows that when it comes to the availability of mortgage credit, voters punish incumbents in tough economic times, but don’t always reward them in good ones. The new findings could impact how we view the relationship between the economy and national elections for years to come.

According to a new study by professors at Columbia Business School and Leibniz Universität Hannover, there is a direct link between higher levels of air pollution and a reduction in investor trading activity

News can have a delayed response on market performance, with an impact felt one month to twelve months after an initial news report. Financial and market news with positive sentiment predicted higher returns, lower volatility, and smaller drawdowns. But, government and corporate news with positive sentiment predicted lower returns, higher volatility and high drawdowns .

Early detection is critical for improving treatment efficacy for those with autism spectrum disorder (ASD), and it’s often those closest to a child who notice the first signs. New research from Columbia Business School, Carnegie Mellon University, and the Seaver Autism Center for Research and Treatment at Mt. Sinai reveals that children who had older siblings or frequent interaction with grandparents were diagnosed earlier with ASD.

Frustrated with constraints imposed upon them by their employers during times of distress, many high-quality employees feel compelled to take the leap into entrepreneurship. This is most likely to happen when their companies face financial distress and become restrictive, says a study from Columbia Business School.

Not all information is good information, so how do you separate fact from fiction? On March 8, interdisciplinary leaders from academia, business, government, and the media will gather at Columbia Business School’s 2nd Annual News and Finance Conference to explore how media coverage of financial news, rumors, and whispers affect stock market movement.

Marina Halac, the David W. Zalaznick Associate Professor of Business and Economics at Columbia Business School, was recently awarded the Elaine Bennett Research Prize. Conferred every other year by the American Economic Association’s Committee on the Status of Women in the Economics Profession, the Elaine Bennett Research Prize recognizes, supports, and encourages outstanding contributions by young women in the economics profession.

Many widespread, global issues like poverty and disease remain unaddressed because governments often lack financial resources to make the needed long-term investments. But a just-released book from Columbia Business School Professor Georgia Levenson Keohane has found a solution to the financial shortfall: using innovative financing, a creative way to find more money to tackle these global challenges and encourage smarter use of resources we deploy for social change.