News
May 15, 2018
Fed Nominee Clarida Promises ‘Balanced Approach’ to Monetary Policy
Richard Clarida, the Columbia University economist tapped to serve as the Federal Reserve’s No. 2 official by President Donald Trump, said he would “fully support” the central bank’s mission and promote accountability that preserves its independent status. In prepared testimony released Monday by the Senate Banking Committee ahead of a hearing on his nomination Tuesday, Mr. Clarida said he would support interest-rate policy that takes a “balanced approach” to achieving the central bank’s goals of stabilizing prices and maximizing sustainable
May 15, 2018
Finland’s Rank as the World’s Happiest Country is Very Upsetting in Finland
Respondents weren't asked why they rated themselves as they did. But the three economists who edited the Report - Jeffrey Sachs of Columbia University in the U.S., John F. Helliwell of the Canadian Institute for Advanced Research, and Richard Layard of the London School of Economics—pointed out several factors that tend to contribute to national well-being, including GDP per capita, life expectancy, lack of corruption, and social support.
May 11, 2018
Michael Vincent Crapotta Named Editor-In-Chief of Columbia Economics Review
Michael Vincent Crapotta is the new editor-in-chief of the Columbia Economics Review (CER), a journal led, organized, and operated by undergraduate students at Columbia across multiple disciplines.
May 10, 2018
Stiglitz Among Fans of Exclusive Club: High-Yielding Do-Gooders
Professor Joseph Stiglitz among the fans of a rare but bonafide club: High-yielding developing nations that also score well in environmental, social and governance standards, or ESG. The Nobel Prize-winning Columbia University economist praised Costa Rica in a blog post today as a "world leader" in policies that promote democratic, sustainable and inclusive economic growth. As a member of the so-called Wellbeing Alliance, the Central American nation has been at the forefront of progressive causes from reforestation to human rights.
May 7, 2018
Michael Woodford Interviewed By Columbia Research Regarding His RISE Project
Professor Michael Woodford was profiled alongside neuroscientist Jacqueline Gottlieb regarding their RISE-funded project which examines human decision-making through the use of large data sets.