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December 29, 2023 | Chicago Tribune
Find immediate rewards. Avoid “avoidance” resolutions. Give advice, and break down the resolution into a series of short-term goals. These are some tips from Booth's Ayelet Fishbach for New Year’s resolutions.

December 28, 2023 | The Washington Post
“If your New Year’s resolution is going to involve a lot of sweating, make the plan while you are exercising,” says Chicago Booth's Ayelet Fishbach.

December 18, 2023 | Clear Admit
“We are excited to bring our transformative approach—and the latest innovations in finance—to talented, analytical college graduates, jump-starting their careers and putting them at the frontier of this rapidly advancing field,” says Booth dean Madhav Rajan.

December 13, 2023 | Bloomberg
The US Federal Reserve will likely want to see inflation come down further before easing policy and any expectations of interest rate cuts by March are “overly optimistic,” indicates Chicago Booth's Raghuram Rajan.

December 13, 2023 | Business Because
Chicago Booth’s new Master in Finance Program is for recent college graduates from quantitative fields of study who are looking to start a career in finance, with a curriculum that can be completed in either 10 or 15 months.


December 12, 2023 |  Poets & Quants
“Chicago Booth’s finance faculty are the best in the world,” says Dean Madhav Rajan. “They developed modern finance theory and have shaped the course of financial knowledge and markets for more than 100 years.”


December 12, 2023 | Psychology Today
People have a tendency to underestimate the impact of our kind gestures, according to Chicago Booth’s Nicholas Epley. Predicting reactions to gratitude letters often anticipated the receivers feeling awkward, contrary to the actual outcome.

December 8, 2023 | Poets & Quants
Hear from first-year Boothies about their experience at the school, Booth’s flexible curriculum, the pay-it-forward culture, and more.

December 7, 2023 | Clear Admit
See what five Boothies have to say about their time at Booth, what they are most excited about, their career interests, and more. 


December 5, 2023 | Financial Times
A survey of 40 economists, carried out by Chicago Booth's Kent A. Clark Center for Global Markets in partnership with the Financial Times, shows that most economists think US central bank will remain more hawkish than market expects.

December 1, 2023 | Yahoo! Finance Live
“It’s going to take a while to get anywhere close to 2 percent, and I don't think they’re cutting any time in advance of getting very close to that 2 percent goal,” indicates Booth’s Randall Kroszner, highlighting misconceptions on rate cuts as the Fed continues fighting toward its inflation target.

November 30, 2023 | Fortune
About one in 10 large companies engages in fraud every year, costing shareholders hundreds of billions of dollars, according to findings by Chicago Booth's Luigi Zingales and coauthors.

November 29, 2023 | Chicago Tribune
"Our money just doesn’t go as far as it used to right now, or doesn’t feel like it does,” explains Chicago Booth's Jean-Pierre Dubé. “For the small business, that’s gonna mean they’re really going to have to find a way to stand out from the crowd.”

November 28, 2023 | Financial Times
“It is an example where Silver Lake and Dell made a contrarian bet,” explains Chicago Booth's Steven Kaplan. “Nobody thought Dell was worth a whole lot . . . they did some clever financial engineering and created a lot of value.”

November 27, 2023 | BBC Radio 4
Have governments already accumulated so much debt that they won't have the resources left to handle the next big disaster? And if so, which nations and regions are mostly likely to bear the brunt? Booth's Raghuram Rajan weighs in on these questions and more.
(Interview begins at 18:10.)

November 22, 2023 | Freakonomics
“Productivity has been falling in the construction sector for about 50 years,” explains Booth’s Chad Syverson. “And to be negative for decades on end is strange...it means we’re getting worse and worse at doing something that’s such an important part of the economy.”

November 11, 2023 | STAT
“[Direct-to-consumer] advertising definitely plays a role. You don’t want the consumer to be confused,” says Chicago Booth’s Pradeep Chintagunta. Prompting patients to ask their doctors about a specific medication is precisely the goal of consumer advertising.

November 19, 2023 | Stephanie O'Connor
Tech companies in recent years had been more comfortable making offers to students shortly after a summer internship ended, despite the fact that speedy offers aren't always the norm for this industry, notes Stephanie O'Connor, Booth’s associate dean for career services.

November 12, 2023 | The Philadelphia Inquirer
We often won’t compliment another person because we’re afraid of how they’ll respond, explains Booth's Nicholas Epley. “We self-censor too much, but my advice is to try. You can sprinkle a lot of kindness in the world.”


November 12, 2023 | Yahoo! Finance
Even as inflation declines, consumer confidence is still down. Loss aversion might help explain why, suggests research from Booth's Michael Weber and his coauthors.

November 10, 2023 | Clear Admit
Donna Swinford, associate dean for student recruitment at Chicago Booth, walks us through the sustainability-related features of the school.

November 9, 2023 | The Economist
Chad Syverson of Chicago Booth indicates that the ratio of capital to labor has actually grown slightly faster in manufacturing than in the private sector as a whole.

November 7, 2023 | The Wall Street Journal
We create mental budgets based on our typical expenses and often fail to account for the inevitable unexpected spending that comes up, recent research from Booth’s Abigail Sussman and her coauthors found.

November 3, 2023 | Bloomberg Surveillance
Randall Kroszner of Chicago Booth says the October US employment report makes it much more likely the Fed will be on hold for a while.

October 31, 2023 | Forbes
To counterbalance the environmental impact of dining, some London restaurants are trying to influence customers to pay a climate footprint fee by using Nudge Theory, popularized by Chicago Booth’s Richard Thaler and Harvard’s Cass Sunstein.


October 31, 2023 | Project Syndicate
“Sensible regulation depends on knowing when a tool loses its effectiveness and becomes counterproductive. More is not always better,” writes Booth’s Raghuram Rajan
 in a recent op-ed.

October 28, 2023 | The Washington Post
Research from Booth’s Devin Pope found that optimism bias in people purchasing cars in various temperature zones. More convertibles were bought on warm, cloudless days, including in unexpected locations.

October 25, 2023 | VICE
Ralph Koijen of Chicago Booth says it was “not obvious” that A.I. models would lead to more of a herd mentality than already exists on Wall Street.


October 24, 2023 | NPR: Marketplace Morning Report
Major corporations could make a big difference if the biggest polluters among them—in industries such as utilities, transportation, and energy extraction—clean up their acts, explains Booth’s Christian Leuz.


October 16, 2023 | Crain's Chicago Business
“It is because of our family ownership structure that we are able to focus on maximizing our own personal values by creating value for our customers,” writes Jamie Shah, entrepreneur-in-residence at Booth’s Polsky Center, in a recent op-ed.

October 16, 2023 | Crain's Chicago Business
“If you raised money, when the music stopped, it became a race to get to cash-flow positive,” says Booth’s Steven Kaplan “Some companies will make it and some won’t. The goal is profitable growth.”

October 16, 2023 | Hidden Brain Podcast
Chicago Booth's behavioral economist Richard Thaler explains why our decision making is often far more nuanced than economic models would suggest.


October 16, 2023 | CNBC: The Exchange
Raghuram Rajan of Chicago Booth discusses the Fed decision to Fed quantitative easing, an increase in new debt issuances, and how a shift in who is buying up debt is growing treasury rates.

October 13, 2023 | CNN
The concentration of student loan debt remains uneven among demographic lines. Black borrowers have seen their debt grow the fastest in recent years—they’re are more likely to take out loans and their outstanding debt is larger on average, indicates Booth’s Constantine Yannelis.

October 9, 2023 | Crain's Chicago Business
“Private-equity investors have been successful in delivering returns to their investors at the fund level—better than public markets—by adding value to and improving their portfolio companies,” writes  Chicago Booth’s Steve Kaplan in a recent op-ed.

October 8, 2023 | Chicago Tribune
Diners won’t be discouraged from going to restaurants in the first place, but they’ll order fewer dishes and less expensive ones when they do, Chicago Booth’s Jean-Pierre Dubé speculates on the new Chicago law phasing out subminimum wage for tipped workers.

October 7, 2023 | Voice of America
“The [snack industry] growth comes from younger users, and younger users may not be the primary target for the drug,” says Booth’s James Schrager. “Younger people—who don't become obese usually, or at least in many cases — and who aren't going to be taking the drug.”

October 6, 2023 | Bloomberg Surveillance Podcast
Chicago Booth’s Randy Kroszner says it’s possible that we could have a Goldilocks scenario with a strong labor market and not-too-high wage growth.

October 4, 2023 | Poets & Quants
Günter Hitsch, the Kilts Family Professor of Marketing, was named a favorite professor among the Chicago Booth class of 2023. “Beyond his passion and engaging teaching style, Professor Hitsch is committed to the development and success of his students even after they’ve completed his course, and he is an active participant in the community,” shares recent alumna Saron Strait, ’23.

October 3, 2023 | Find MBA
Chicago Booth’s new joint MBA/MS Biomedical Sciences program gives students the opportunity to pursue both a master in biomedical sciences from the University of Chicago and an MBA from Booth. The curriculum pairs leadership and management skills with the research, applied and clinical skills needed to manage healthcare.


October 2, 2023 | The New York Times
The current uptick in wage growth “can be given an optimistic interpretation, as a sign of real wages going back to trend, and not necessarily as a concern of an ongoing spiral,” writes Booth’s Guido Lorenzoni and coauthor.

October 1, 2023 | The New York Times
“Should we throw up our hands and conclude that the whole stock market is crazy? No,” writes Booth’s Richard Thaler and coauthor. “These crazy incidents still remain confined to only a few stocks. Stock prices usually revert to fundamental value, although it may take years.”

September 30, 2023 | NPR: All Things Considered
Chicago Booth’s Luigi Zingales weighs in on what a judge’s fraud ruling will mean for Donald Trump’s business empire.

September 29, 2023 | Knowable Magazine
Constantine Yannelis discusses the complex drivers of rising student debt, what can be learned from other countries’ approaches to supporting higher education, and what U.S. borrowers need to know as the pandemic-driven moratorium on student debt repayment ends.

September 29, 2023 | Marketwatch
Research by Booth’s Chad Syverson suggests that productivity is undermeasured when a new technology is just taking hold, as A.I. is now, because its output is intangible.


September 28, 2023 | Bloomberg
“When we conduct monetary policy to fight inflation,” writes Booth’s Veronica Guerrieri and coauthors, “we should be cautious and keep in mind that accepting a degree of short-term inflation may be a necessary cost to allow for relative price movements that help obtain a better allocation of resources.”

September 27, 2023 | MiM Guide
“We believe completing the Master in Management Program at Booth will enable young professionals to marry their passion…with management skills that position them for high-impact careers,” says Booth’s Starr Marcello.

September 27, 2023 | Deseret News
While there are 14 times more Americans identifying as Catholics than Latter-day Saints, members of the Church of Jesus Christ of Latter-day Saints had more comparative weekly attendees at church, according to filings by Booth's Devin Pope.


September 27, 2023 | The New York Times
“It is hardly obvious that serendipitous encounters in the workplace foster innovation better than planned encounters selected from a much larger universe,” writes Chicago Booth's Steven Davis and coauthors of working in the office.

September 25, 2023 | VOX
“Sure, it’s going to have an effect,” says Booth's Constantine Yannelis of student loan repayments, “but I think the magnitudes are not big enough to drive us into a recession unless we’re already on the verge of a recession.”


September 21, 2023 | Fortune
“One of the things that’s really special about healthcare is there’s simultaneously a really important social mission to help improve the quality of life in the world,” says Booth's Dan Adelman. “There’s also a lot of money that can be used to help do that, and so it’s an attractive area for business students.” 

September 21, 2023 | Squawk Box Asia
Randall Kroszner of Chicago Booth says the Fed will do one more rate hike, at most.

September 17, 2023 | Financial Times
A survey, conducted by the Kent A. Clark Center for Global Markets at Chicago Booth in partnership with the Financial Times, suggests that fully rooting out price pressures and getting inflation back down to two percent will require more prohibitive borrowing costs than market participants currently anticipate.


September 17, 2023 | Bloomberg
Evidence shows that interest-rate surges affect financing conditions and the appetite for risk, constraining the supply side of the economy by inhibiting innovation, finds Booth's Yueran Ma and her coauthor.


September 15, 2023 | The New York Times
The upshot is that “it will matter economically,” says Booth's Constantine Yannelis of the student loan resumption. “It is most likely not going to be huge, though, and it’s not likely to be the type of thing that would tip us into recession.”

September 14, 2023 | WalletHub
Booth professor Thomas Talhelm weighs in on metal credit cards: “Psychology research has found that people tend to interpret heavier things as more important. If the metal makes the credit card heavier, people will probably get a slight sense that the card is more important.”


September 14, 2023 | Financial Times
Research by Booth's Yueran Ma and coauthor finds that monetary policy can influence innovation activities by changing aggregate demand and correspondingly the profitability of innovation, and by changing financial market conditions.

September 13, 2023 | The New York Times
Young people and first-time buyers are more prone to making expensive mortgage choices, according to research by Chicago Booth's Anil Kashyap and co-researchers.

September 12, 2023 | BusinessBecause
“The program is aimed at anyone interested in building, managing, or investing in healthcare businesses where understanding clinical science is important, and who have some work experience under their belt,” says Dan Adelman, director of Booth’s Healthcare Analytics Laboratory.

September 7, 2023 | Bloomberg
There is sizable interest from private equity-owned businesses to tap individual investors, but “figuring out how to access retail money is a challenge,” says Booth’s Steven Kaplan.


September 7, 2023 | CNBC: Squawk on the Street
Chicago Booth’s Randall Kroszner discusses whether the Fed will need to raise rates further.

September 6, 2023 | The New York Times
Research from Chicago Booth’s Stefan Nagel and coauthors suggests that judging banks’ risks by the profits they report could be a simple and effective tool for regulators.

September 5, 2023 | CommonWealth Magazine
Booth’s Chang Tai-Hsieh writes about the future of Taiwan’s Industrial Technology Research Institute, a cornerstone of Taiwan’s technological evolution.


September 3, 2023 | Business Insider
“Companies have realized what they're losing from not having people showing up at the office,” reports Booth’s Michael Gibbs.


September 3, 2023 | Poets & Quants
Incoming MBA candidate Folasade Runcie shares why she chose Chicago Booth and her advice for future applicants.

September 1, 2023 | Bloomberg Surveillance Podcast
Chicago Booth’s Randall Kroszner says we're seeing the kind of goldilocks scenario the Fed wants following the August jobs report.

August 29, 2023 | Crain’s Chicago Business
“Many companies stagger for a long time after valuations decline. They’re in a wonderful position. Now the question is: What do you plan to do with the money?” says Booth’s James Schrager of the recent venture capital Mediafly raised.

August 25, 2023 | Reuters
Research from Booth’s Yueran Ma and coauthor found that a central bank’s focus on curbing inflation in the short-run “could have a persistent influence on the productive capacity of the economy.”

August 24, 2023 | The Economist: Money Talks Podcast
Booth’s Constantine Yannelis explains how the US economy will be impacted when up to 45 million Americans are confronted with their student debt payments once more.


August 24, 2023 | Associated Press
The idea “of shining the light on corporate activities that have costs to society is very powerful, but it is not enough to save the planet,” says Booth’s Christian Leuz.

August 23, 2023 | Associated Press
Booth’s Raghuram Rajan weighs in on the state of the US economy: “We’re not totally out of the woods yet, for banks or the economy.”

August 21, 2023 | VOX
Booth’s Ayelet Fishbach says that while it is difficult to track improvement with daily or weekly goals, a quarterly or biannual milestone will make it easier.


August 21, 2023 | Poets & Quants
MBA candidate Samuel Ramil answers questions about his time at Chicago Booth.

August 21, 2023 | Crain’s Chicago Business
Duane Jackson, an investor-in-residence at Booth's Polsky Center, and coauthor present three ways to leverage uncertainty and downturns to create value in private companies.

August 20, 2023 | The Mercury News
“It’s very hard to change police officer behavior very quickly to be where you want it to be,” says Booth’s Canice Prendergast.

August 18, 2023 | Bloomberg Markets: Balance of Power
Booth’s Randall Kroszner shares insights on the decline in inflation and whether fiscal or monetary policy can be attributed to it.


August 17, 2023 | BusinessBecause
Associate dean of Chicago Booth’s Executive MBA Program Julie Morton answers questions about how to make an application stand out.


August 17, 2023 | WalletHub
Booth’s Constantine Yannelis shares his insights about the impact of the recent banking crisis on the financial decisions of households and businesses.

August 16, 2023 | Financial Times Magazine
Research from Booth’s Michael Weber and coauthors suggests that “traditional gender roles…expose women to different signals about prices than men,” leading them to think differently about inflation.

August 16, 2023 | CNBC Fast Money
Booth’s Randall Kroszner weighs in on the Fed’s next move after their July meeting: “I don’t see how they can be comfortable to say, ‘okay we’re not going to be raising anymore’ if the labor market is as strong as it is now.”


August 16, 2023 | Marketplace
“Having just a slow-growth period for a while is not great,” says Booth’s Anil Kashyap. “But if that’s what it takes to get the inflation contained, I think that’s a trade [the Fed] would probably make.”

August 14, 2023 | Financial Times
“With global talks on climate change going nowhere, countries and regions are feeling the pressure to do something on their own, rather than waiting for global agreement,” writes Booth’s Raghuram Rajan.

August 14, 2023 | Marketplace
“People don’t realize how much credit card debts are going to be a burden. And we see that people are struggling to think long-term,” says Ayelet Fishbach of Chicago Booth.

August 11, 2023 | CNBC The Exchange
Chicago Booth’s Steven Davis discusses the impact of remote work on the economy.

August 10, 2023 | Fortune
Green tilts are driven almost entirely by BlackRock and a few other large institutional investors, and hardly at all by the rest of the banking industry, according to a recent finding by Booth’s Lubos Pastor and coauthors.


August 10, 2023 | Fortune
According to research from Chicago Booth’s Steven Davis and coauthor, “many job losers don't understand the business considerations that led to their layoffs.”


August 10, 2023 | ABC News
Booth’s Ayelet Fishbach and Steven Davis discuss the possibility of remote work sticking around.

August 8, 2023 | Fortune
“The private market has burgeoned and drawn investors because of its lack of regulation compared to the public market, which has become increasingly regulated over time,” says Booth’s Steven Kaplan.

August 8, 2023 | CNN Business
Booth’s Randall Kroszner discusses the implications of rising food and oil prices on the Fed’s battle to bring down inflation.


August 8, 2023 | The Christian Post
According to a report from Booth’s Sam Peltzman, “marital status is and has been a very important marker for happiness.”


August 4, 2023 | Bloomberg
Booth’s Randall Kroszner cautions that wage growth should remain in focus for the Fed after the recent US jobs report.

August 3, 2023 | CNBC
Chicago Booth ranks six among the 10 business schools that pay off the most right away.

August 3, 2023 | The Hollywood Reporter
“The strike, if it goes on for long, hurts the company,” Booth’s Steve Kaplan says about the Hollywood strike. “When the company value goes down, the shareholders are not happy and the CEO’s shares also go down.”

August 2, 2023 | Poets & Quants
“I had excellent professors for our challenging quantitative classes at Booth,” shares Keoki Williams, '23, who was named to the 2023 Best & Brightest Executive MBA list.


August 2, 2023 | Poets & Quants
“With three campuses across the globe, the school offers not only a great level of locational flexibility, but also a strong, diverse cohort as your lifelong friends,” reflects Yeonjung Park, ’23, who made it to this year's Best & Brightest Executive MBA list.

July 31, 2023 | WBBM News Radio
Booth’s Ayelet Fishbach discusses fans throwing objects at performers: “It’s not smart, that’s for sure. But you are connecting to them, in a way. And we see that when physical connection is not possible, people go for the symbolic connection.”

July 31, 2023 | Crain’s Chicago Business
Booth’s Jonathan Dingel says that while Chicago is not as tech-centric as San Jose, California, it does have a large percentage of jobs that can be done remotely.

July 28, 2023 | El Pais
More things would happen to us, and we would have a more interesting life, if we went back to chatting with strangers. That’s according to Booth’s Nicholas Epley.

July 27, 2023 | The Los Angeles Times
Booth’s Eric Budish weighs in on ticket resale prices: “The secondary marketplace is making more than Taylor Swift is, and then the broker is making more than either of them.”

July 26, 2023 | NPR: All Things Considered
“I think the message they wanted to send is that things are moving in the right direction, but we need to wait and see,” says Booth’s Raghuram Rajan about the Fed’s recent press conference.

July 26, 2023 | Clear Admit
Booth’s dean Madhav Rajan discusses the launch of Chicago Booth’s one-year Master in Management program.

July 25, 2023 | BBC
“Why take a recognized brand, with a lot of brand capital around it and then completely throw it away and start from scratch?” says Booth’s Jean-Pierre Dubé about Elon Musk’s Twitter rebranding. “In the short-term, it seems weird.”


July 25, 2023 | Medical Xpress
Research from Booth’s Thomas Talhelm and coauthor suggests that cultures from water-scarce environments are more likely  to value long-term thinking and to scorn short-term indulgence.


July 23, 2023 | Wall Street Journal
“The presence of other people gets us to be better people,” says Booth’s Ayelet Fishbach of being in the office. Alone at home, “you constantly have a fear of like, What are you missing? What is the opportunity cost? What should I have been doing?” she says.

July 19, 2023 | Business Because
Chicago Booth announces the launch of a 10-month Master in Management Program beginning in fall 2024.

July 18, 2023 | Poets & Quants
Chicago Booth launches a Master in Management Program, becoming one of the top U.S. players in the MM landscape.


July 18, 2023 | Crain's Chicago Business
“We are excited to debut Chicago Booth’s one-year Master in Management, the school’s first new degree program in 88 years,” says Booth’s dean Madhav Rajan. “We look forward to introducing foundational business skills to a new generation of Booth students.”


July 18, 2023 | Billboard
“Congress or somebody else should figure out who made how much money on the Taylor Swift tour,” says Booth professor Eric Budish of the need for added transparency in the ticketing market.

July 17, 2023 | Crain's Chicago Business
“Keep in mind, rejection is protection. Take the 'no' and ask for another point of contact to continue the conversation,” writes Renata Merino of Booth’s Polsky Center, outlining top tips for navigating and winning at raising capital.

July 12, 2023 | The Economist
According to Chicago Booth’s Yueran Ma and coauthors, increases in industry concentration in America over the past century are correlated with greater technological intensity, higher fixed costs and higher output growth.

July 11, 2023 | Clear Admit
Donna Swinford, associate dean for student recruitment and admissions at Chicago Booth, shares her insights into what to expect as a Boothie MBA student and throughout the admissions process.

July 11, 2023 | Vice
“Research indicates that people consistently respond more positively to honest feedback and honest communication than the person who is being honest might anticipate,” says Booth’s Nicholas Epley.

July 11, 23 | Markets Insider
“The thing that increases female labor-force participation may not be the thing that reduces the gender pay gap,” says Booth’s Marianne Bertrand. “Being in the workforce and succeeding in the workforce aren't always the same thing.”


July 10, 2023 | WBEZ: Reset with Sasha-Ann Simons
Amy Hilliard of Chicago Booth digs into gendered ageism in the workplace and ways to combat it.

July 7, 2023 | Bloomberg
“The wage growth is still stronger than the Fed would feel comfortable with,” indicates Randall Kroszner of Chicago Booth. “So they are going to say they need to move forward” with more rate increases.


July 7, 2023 | Yahoo! Finance
“I think the next few weeks and months are important,” says Booth’s Pradeep Chintagunta. “It also depends upon how quickly Threads can make sure that any of the feedback that they’re getting, they’re actually able to internalize that well and then perhaps improve the features, etc. they offer.”


July 5, 2023 | Financial Times
Socially conscious investors are increasingly pushing funds to divest certain shareholdings. But in most cases, they would do better to retain their stakes and engage with management to bring about reform, Booth’s Luigi Zingales explains in a recent op-ed.

July 5, 2023 | Financial Times
The factors driving the outperformance of green stocks are changing; investors should expect green assets to underperform environmentally unfriendly, or “brown” assets, according to findings by Booth’s Lubos Pastor and his colleagues.

July 5, 2023 | Crain's Chicago Business
“While simplifying a concept you've worked long and hard to perfect might seem counterintuitive, doing so, and telling the story of this work, will help you close the deal,” writes Ezunial "Eze" Burts of Booth’s Polsky Center.


July 5, 2023 | CNBC: The Exchange
Randy Kroszner of Chicago Booth discusses the Federal Reserve’s next move after June’s pause in rate hikes.


July 5, 2023 | IT Pro Magazine
Research from Booth’s Ed O'Brien and Christopher Hsee and their coauthor found that sellers often want to provide upward counterfactual information, or UCI, but doing so mostly backfires on them by highlighting a current imperfection.

July 4, 2023 | Hong Kong Economic Times
Marketers should increase sensitivity to the seriousness of consumer knowledge and existing defects when deciding whether to share upward counterfactual information, a research by Booth’s Ed O'Brien and Christopher Hsee and their coauthor suggests.

July 4, 2023 | Poets & Quants
Keoki Williams, ‘23, was named to Poets & Quants’ 2023 Best & Brightest Executive MBA list. “Keoki adds graduating with honors from Chicago Booth to his resume, cementing his ability to apply his medical research to improving patient care in the business world,” shares associate dean of the Executive MBA Program Julie Morton.

July 3, 2023 | San Francisco Examiner
Stefan Hepp of Chicago Booth said the difference between A.I. companies and the rest of the tech startup world in terms of VC interest is stunning. “A.I. is attracting all the funding at the moment—and increasing amounts of funding,” he explains.

June 30, 2023 | The New York Times
Research by Booth’s Constantine Yannelis and coauthors find that by and large, borrowers who were allowed to pause payments on their student loans didn’t use their spare cash to pay down other debt or build up savings. Instead, they increased other borrowing.


June 30, 2023 | CNN Business
The Seaford case is probably more of a quirk than a quake in how local elections will be run more broadly, indicates Chicago Booth’s Hal Weitzman of the Delaware city that wants to invite businesses directly into the ballot box.

June 26, 2023 | MarketWatch
Chicago Booth’s Michael Weber and coauthors look at how changes in the price of bitcoin and other cryptocurrencies affect consumer expenditures.


June 28, 2023 | The Economist
Research by Booth's Michael Gibbs and coauthors found a productivity shortfall, relative to prior in-office performance, of as much as 19 percent for remote employees.

June 28, 2023 | CNN Business
The firm-specific results of the Fed’s report could “give us light into which banks could experience more stress [in a recession],” indicates João Granja of Chicago Booth.

June 26, 2023 | Business Impact
Booth professor Lisa Stefanac details her teaching approach for the Interpersonal Dynamics leadership course, emphasizing the need for leaders to give and receive feedback effectively, as well as to be comfortable with being uncomfortable.


June 25, 2023 | BBC
“Over time, workers found a new way of doing things that stuck,” says Ayelet Fishbach of Chicago Booth. “ So, any sort of change was perceived as a cost: if returning to the office is good for my manager, then it must be bad for me.”

June 22, 203 | NPR: Marketplace
“They know very well, probably from experience with millions of other customers, that if we find it difficult to cancel, we’re just going to keep paying,” explains Chicago Booth’s Jean-Pierre Dubé.

June 21, 2023 | Times of India
Booth dean Madhav Rajan discusses India’s “improving business environment as well as the country’s rapidly growing economy” at a New York meeting with Indian Prime Minister Narendra Modi.

June 21, 2023 | The Economist
“Six years ago, if you didn’t buy into the consumer-welfare standard, you weren’t a serious person,” says Booth’s Luigi Zingales. “Now that’s completely gone.”

June 18, 2023 | The Washington Post
In her research, Jane Risen of Chicago Booth describes how people can believe what we also don’t believe through a dual-processing model of cognition know as system one and system two.

June 17, 2023 | Bloomberg
As companies released staff they were hanging on to, unemployment would suddenly spike, explains Booth’s Raghuram Rajan. “Then you have more unemployment than you want, because these things move in a non-linear fashion.”

June 14, 2023 | The Wall Street Journal
People might see mortgage rates increase in the months ahead and make a judgment as to their own house-hunting plans, but few should base household-finance decisions on interest rates alone, suggests Booth’s Michael Weber.

June 14, 2023 | Crain's Chicago Business
“Now I think the world is sort of back to normal, like 2017,” says Chicago Booth’s Steven Kaplan. “There’s more of a balance between funds and companies. Good companies are getting funded at up rounds.”

June 13, 2023 | CNBC.com
“It is good inflation is coming down, both core and headline, but core is still quite elevated,” says Chicago Booth’s Randall Kroszner. “There are more rate hikes to come.”

June 12, 2023 | Bloomberg
Central banks should throw quantitative easing out of the monetary policy toolkit because there’s no proof that it leads to better economic outcomes, says Chicago Booth’s Raghuram Rajan. “I do not think the benefits outweigh the costs.”

June 12, 2023 | Business Impact
Chicago Booth’s Lisa Stefanac talks about the evolution of the Interpersonal Dynamics course, which emphasizes the need for leaders to give and receive feedback effectively and to be comfortable with being uncomfortable.

June 12, 2023 | VOX
Research from Chicago Booth’s Devin Pope, Sendhil Mullainathan, and others illuminates the ways systemic racism pervades everyday experiences and makes life more difficult for Black Americans.

June 11, 2023 | The Washington Post
If artists like Taylor Swift can’t restrict resales to deter scalpers and bots, it will be hard to fix the problems with the event ticket market, suggests Chicago Booth’s Eric Budish.

June 10, 2023 | The Financial Times
The U.S. Federal Reserve will need to take tougher action than expected to root out inflation, according to leading academic economists surveyed by the Financial Times and the Kent A. Clark Center for Global Markets at Chicago Booth.

June 9, 2023 | Marketplace
Chicago Booth’s Ayelet Fishbach suggests Netflix may have strategically planned to get people hooked on streaming before cracking down on password sharing.

June 9, 2023 | The Hindu
Chicago Booth’s Raghuram Rajan addressed alumni, students, and partners during the launch of the Rothman Faculty in Residence program at the Robert Rothman, ’77, London Campus.

June 9, 2023 | Crain's Chicago Business
Remaining student loan debt will negatively impact retirement for younger borrowers like Otis, says Constantine Yannelis of Chicago Booth.


June, 9, 2023 | The Wall Street Journal
We now have the politicization of the corporate world because we have corporatization of the political world, Chicago Booth’s Luigi Zingales indicates.

June 8, 2023 | The Wall Street Journal
Chicago Booth’s Michael Weber and three coauthors find that since 2018, cryptocurrency ownership has gone from 2 percent of the population to 12 percent as of December 2022.

June 7, 2023 | Clear Admit
Congratulations to Alnair Therapeutics, a company with the mission to fight cancer, for claiming the top spot at Booth’s 2023 Edward L. Kaplan, ’71, New Venture Challenge.


June 6, 2023 | CNBC: Squawk Box Asia
Raghuram Rajan of Chicago Booth says that “the jury is still out” on how much more the U.S. Federal Reserve needs to do to manage inflation.


June 5, 2023 | Poets & Quants
Booth professor of econometrics and statistics Dacheng Xiu was named to Poets & Quants’ Best 40-Under-40 MBA Professors of 2023.

June 5, 2023 | Chicago Inno
“The investment can be transformational and extremely important in getting them on the road to success,” says Booth’s Steven Kaplan of the oncology startup that won first-place at the New Venture Challenge. 

June 4, 2023 | Financial Times
There is now a “data-driven case for optimism” on productivity, with AI, the formation of new businesses, and people switching jobs all set to yield results.


June 2, 2023 | Marketplace
Banks are trying to maximize their return on equity, and that can lead them to take bigger chances with their lending or investments, indicates Booth’s Luigi Zingales.


June 2, 2023 | Bloomberg Surveillance
Randall Kroszner of Chicago Booth discusses what the May US employment report means for Fed monetary policy.

June 1, 2023 | Dong-a Ilbo
The South Korean financial industry should ensure regulation and supervision so that banks can stay financially sound based on multifaceted assets, advised Booth’s Douglas Diamond in a keynote speech at the 2023 Dong-A International Finance Forum.

May 31, 2023 | Hong Kong Economic Times
A research team led by Chicago Booth PhD graduate Shirley Zhang, along with professors Abigail Sussman and Christopher K. Hsee, found that discounts, in the form of discounts that limit how much consumers buy, can reduce sales.

May 30, 2023 | Reuters
"If they do raise short-term policy rates, clearly, at some point, something more breaks,” says Booth’s Raghuram Rajan of the Fed's attempt to guide the economy to a so-called “soft landing.”


May 28, 2023 | Forbes
A research by Booth’s Raghuram Rajan and coauthors finds that a 1 percentage point rise in the U.S. Financial Conditions index leads to a decrease in value of approximately 10 percent for M&A deals.


May 28, 2023 | The Telegraph
Booth’s Raghuram Rajan says “the combination of low real wage growth in recent years and greater unionisation in the UK makes workers understandably more frustrated with inflation than in the United States and more willing to press their demands.”  


May 26, 2023 | Project Syndicate
“Everyone has become so inured to massive central-bank interventions in markets that no one realizes just how unusual the latest banking crisis and response has been,” writes Booth’s Raghuram Rajan in a recent ope-ed.


May 26, 2023 | CNN Business
“The argument in favor of [the dollar] is there’s really no other place to go… It’s not clear exactly where people run to,” says Randall Kroszner of Chicago Booth.

May 25, 2023 | MarketWatch
According to an analysis published by Chicago Booth’s Luigi Zingales and coauthors, banks with well-functioning mobile applications experienced greater deposit flight when the Federal Reserve began raising interest rates than banks without these digital tools.

May 22, 2023 | The Washington Post
People who didn’t have to make payments had more disposable income and fewer delinquencies on student loan debt, according to findings by Constantine Yannelis and coauthors.

May 20, 2023 | The New York Times
“In the current situation, where there’s a lot of fragility in the banking system, you’re taking more of a risk,” explains Booth’s Randall Kroszner. “You’re piling up fragility on fragility.”

May 17, 2023 | Weekly Citizen
The new partnership between Chicago Booth and Chicago Scholars will establish a pipeline for students to attend graduate level programs, and create a long-term impact in the Chicagoland area.

May 16, 2023 | Clear Admit
Chicago Booth is partnering with Chicago Scholars to establish a dedicated pipeline for low-income or first generation college-going students into graduate programs.

May 15, 2023 | Crain's Chicago Business
“I always recommend starting with a low-fidelity prototype, something made from cheap materials like cardboard or modeling clay,” writes Elizabeth Koprucki of Booth’s Polsky Center. “This gives you something to share to receive feedback, which is important throughout the process.”

May 15, 2023 | The Economist
A recent paper by Chicago Booth’s Luigi Zingales and coauthors finds that deposit outflows from digital banks were greater than those from traditional banks in the second quarter of 2022.

May 15, 2023 | The Market
Raghuram Rajan of Chicago Booth explains why he thinks the stress in the financial system is an unintended consequence of easy monetary policy, and why a soft landing seems unlikely.


May 14, 2023 | Mint
India’s growth path lies in leveraging its intrinsic strengths and becoming crucial to global supply chains by building on its culture of tolerance and respect for all, according to Booth’s Raghuram Rajan.

May 12, 2023 | The New York Times
“I think people view it as more OK for women to say they are depressed than for men to say so,” comments Chicago Booth’s Marianne Bertrand on women’s greater likelihood of reporting depression.

May 12, 2023 | Crain's Chicago Business
“Your options are a sale, liquidation or bankruptcy reorganization,” says Ira Weiss of Chicago Booth. “My guess is they'll try to find a buyer.”


May 11, 2023 | Bloomberg
If startup companies do find themselves with less access to credit, the economy may ultimately benefit, indicates Chicago Booth’s Steven Davis.

May 9, 2023 | NewCity
Chicago Booth has announced a partnership with local nonprofit Chicago Scholars to establish a pipeline for academically ambitious students from low-income or first-generation college-going backgrounds to attend graduate level programs.

May 8, 2023 | Commercial Observer
“When declines in stock prices are that significant, they become self-fulfilling prophecies and cause depositor runs and liquidity issues that could put a bank down,” says Chicago Booth’s Terrence Belton. “That’s clearly at work today.”

May 7, 2023 | The Wall Street Journal
“People form impressions after extremely brief exposure to faces—within a hundred milliseconds,” says Chicago Booth’s Alexander Todorov. Under most circumstances, he adds, such quick impressions aren’t accurate and shouldn’t be trusted.

May 5, 2023 | Bloomberg Surveillance Podcast
Chicago Booth’s Randall Kroszner says the Fed is not going to quit until the labor market quits.

May 3, 2023 | Nobel Prize Conversations Podcast
“Even when we were not the most respectable science, we still needed to keep pushing forward,”  says Booth’s Douglas Diamond, “because the topic actually matters to the planet, to the humans on the planet, and to the animals on the planet.”

May 3, 2023 | Chicago Reader
“If costs go up and it’s in the news, then a company can say, ‘Sorry, I have no choice but to raise my prices,’ even when their costs are not what’s driving the increase,” explains Booth’s Jean-Pierre Dubé.

May 3, 2023 | NewCity
Chicago Booth’s PhD Program gets a new name along with a $100 million gift from entrepreneur, philanthropist, and alumnus Ross Stevens, PhD ’96.


May 2, 2023 | CNBC: The Exchange
Randall Kroszner of Chicago Booth discusses the market expectation for the Fed’s next rate move.


May 2, 2023 | Best Colleges
“Booth is already in an exceptionally strong position, but the students of tomorrow demand we don't rest on our laurels today,” says entrepreneur and philanthropist Ross Stevens, PhD ’96, who donated $100 million to the school’s PhD Program.

May 2, 2023 | Philanthropy News Digest
The University of Chicago has announced a $100 million gift from alumnus Ross Stevens, PhD ’96, in support of the PhD Program at Chicago Booth.


May 1, 2023 | The Chronicle of Philanthropy
The $100 million gift from Ross Stevens, PhD ’96, will increase stipends for Booth’s PhD students, more than double research support for data and computing, and provide additional financial support for the top incoming students.


May 1, 2023 | Chicago Sun-Times
Chicago Booth will receive a $100 million donation to its doctoral program from graduate Ross Stevens, PhD ’96, an entrepreneur, and philanthropist.


May 1, 2023 | Poets & Quants
Ross Stevens’ $100 million donation to the PhD Program is the biggest gifts a business school has ever received, and the second-largest ever at Chicago Booth.

May 1, 2023 | CNBC: Closing Bell Overtime
Raghuram Rajan of Chicago Booth discusses the banking sector and its impact on the economy and the next moves from the Fed.

May 1, 2023 | Crain's Chicago Business
Chicago Booth will rename its PhD program after a $100 million donation from entrepreneur, philanthropist, and alumnus Ross Stevens, PhD ’96.


May 1, 2023 | Insider Higher Ed
Chicago Booth’s PhD program has received a $100 million gift from Ross Stevens, PhD ’96. In recognition, the school’s PhD program will be renamed the Stevens Doctoral Program.

April 30, 2023 | The Telegraph
More than a decade of low rates and money printing have made commercial banks reliant on the “drug of stimulus” that will lead to more failures as central banks continue to tighten policy, warns Booth’s Raghuram Raja.

April 30, 2023 | CNBC.com
In normal market conditions, slower-growing entities that “aren始t as exciting” are prime candidates for a pure-play spin, indicates Booth’s Laura Born.

April 29, 2023 | Fior Reports
“Thanks to Ross’ extraordinary generosity and bold vision,” remarks Booth’s Dean Madhav Rajan, “the Stevens Doctoral Program is poised to accelerate and expand the impact of its scholars now and long into the future.”

April 29, 2023 | Forbes
“It is inspiring to think about what the program can achieve in its next 100 years, building on its storied history, now amplified by Ross’s generosity,” says Madhav Rajan, Chicago Booth dean.

April 29, 2023 | Poets & Quants
Full-Time MBA student Saron Straig talks about herself and interests, her community work and leadership roles at Booth, and more.


April 28, 2023 | Poets & Quants
“Though I intellectually understood coming in that Booth is highly selective,” says Full-Time MBA student Jeff Yao, “it was another thing altogether to experience the challenging debates, hear the impressive stories, and see the brilliant ideas that other students had.”

April 28, 2023 | The Wall Street Journal
Private credit funds aim to achieve a rate of return of about 8 percent if they don’t use leverage or borrowed money, according to a 2021 survey by Chicago Booth’s Steven Kaplan and coauthors.

April 27, 2023 | American Inno
"When you have a frothy funding environment, it’s probably easier to hide things like you’re not making any money, than in an environment like today," says Booth’s Steven Kaplan.

April 27, 2023 | CNN Business
“I give him some credit for trying a different business model,” indicates Luigi Zingales of Chicago Booth. “I think the business model based on user data is quite abusive.”

April 24, 2023 | The New York Times
“Those responsible for monitoring accounting rules must assess whether auditors failed to properly evaluate what was happening, or whether the rules themselves are effective,” Booth’s João Granja indicates in a recent research brief.

April 22, 2023 | The Telegraph
Chicago Booth’s Michael Weber believes central banks are in the midst of a “potential trust crisis” thanks to a disconnect which began with a failure to recognize the pressures facing families.

April 21, 2023 | Marketplace
“I think we’re gonna see delinquencies and defaults spike,” says Constantine Yannelis of Chicago Booth. “That’s going to damage credit scores and potentially have very long-term impacts.”


April 18, 2023 | IT Pro Magazine
Chicago Booth experts share insights and research on remote work and inflation, human apology behavior, and more.

April 17, 2023 | The Wall Street Journal
Young adults with lower-wage jobs may avoid budgeting and checking their bills because it makes them feel helpless, says Abigail Sussman of Chicago Booth.

April 17, 2023 | For All
“Recessions are never a great time for capitalism because capitalism does generate inequalities and tension,” indicates Chicago Booth’s Luigi Zingales.

April 17, 2023 | Crain's Chicago Business
“Now is a good time for the entrepreneurially minded to explore Entrepreneurship Through Acquisition,” writes Alex Hodgkin, a senior advisor for Booth’s Entrepreneurship Through Acquisition program and an entrepreneur-in-residence at the Polsky Center.


April 16, 2023 | Reuters
The Fed “is not going to quit until the labor market quits,” says Booth’s Randall Kroszner. “I think it is going to be very hard to avoid something moving down and moving down relatively quickly.”

April 14, 2023 | The New York Times
“Inflation is coming down, but I’m not sure that the momentum will continue if they don’t do more,” says Booth's Raghuram Rajan of the Fed’s plan to bring down inflation.

April 13, 2023 | Bloomberg Surveillance Podcast
Raghuram Rajan of Chicago Booth says IMF’s longer-term growth “doesn’t look good.”
(Interview starts at 35:50.)

April 13, 2023 | Barron's
The dearth of dialogue between the U.S. and China, and the possibility that national security becomes a front for all sorts of protectionism, would lead to a more volatile world, explains Booth’s Raghuram Rajan.


April 13, 2023 | Bloomberg
“The labor market changes have been such that because women are getting more educated than men, they are finally ‘making it’ in greater numbers,” explains Marianne Bertrand of Chicago Booth.


April 12, 2023 | Project Syndicate
"What Taiwan needs from the US is a bilateral free-trade agreement and support for Taiwan’s membership in regional trade agreements," Booth’s Chang-Tai Hsieh and coauthor write in a recent op-ed. 

April 12, 2023 | Crain's Chicago Business
“What I tell my students is: Investors want to hear you say that things are going to grow to the moon,” says Steven Kaplan of Chicago Booth. “You can be very positive, but you can’t lie.”


April 10, 2023 | Futurity
Savvy consumers shielded more than $1 billion from income taxes as demonetization was implemented, according to research by Chicago Booth’s Pradeep Chintagunta and coauthors.

April 7, 2023 | Business
“Venture capital is for businesses in the earlier stage that can really scale,” explains Steven Kaplan of Chicago Booth. “They have some revenue, but they need a lot of money to grow.”

April 7, 2023 | Marketplace
“There’s a bunch of businesses that have loans and bonds that were about zero that are going to need to refinance,” says Booth's Anil Kashyap. “And when they do, they’re going to face a much higher cost of capital.”

April 6, 2023 | Bloomberg Surveillance Podcast
Luigi Zingales of Chicago Booth says the banking system can't operate with interest rates at 4 percent.

April 6, 2023 | Bloomberg
A decade of easy money and a flood of liquidity from central banks has caused an “addiction” and a fragility within the financial system, indicates Booth’s Raghuram Rajan.

April 5, 2023 | Forbes
The rate of growth of deposits of digital banks diverges sharply in the second quarter of 2022 from that of non-digital banks, according to research by Booth’s Luigi Zingales and Joao Granja and their coauthor.

April 3, 2023 | CNBC
Terrence Belton of Chicago Booth discusses three main risk factors that can cause a bank to fail and the implications on the U.S. economy.
(Interview segments 1:44; 9:08.)

March 29, 2023 | Los Angeles Times
“Demand for healthcare workers is still running very strong,” indicates Matthew Notowidigdo of Booth. “That’s why I’m expecting to see price increases—in order to hire these workers, you’re having to offer more.”


March 29, 2023 | American Banker
“There are a lot of Federal Trade Commission, CFPB, Department of Education and other financial fiduciary principles that need to be given attention,” says Chicago Booth’s David K.A. Mordecai.

March 29, 2023 | WorkLife
“Standing meetings that are large—more than a few people—and take place online [raise the likelihood that a meeting will suffer]…from the main diseases of group decision-making: social loafing and conformity pressure,” says Chicago Booth’s Ayelet Fishbach.

March 28, 2023 | NPR Planet Money
Employees working at the top 10 percent of plants were four times more productive than those working in the bottom 10 percent, according to findings by Chicago Booth’s Chad Syverson.

March 28, 2023 | Fast Company
While Apple will have plenty of competition in the marketplace, they’re in a good position to succeed, according to Benedict Guttman-Kenney of Chicago Booth.

March 27, 2023 | The Wall Street Journal
People tend to underestimate their future spending in large part because they base their predictions on typical expenses that come to mind easily, explains Abigail Sussman of Chicago Booth.

March 24, 2023 | The Washington Post
Bigger cities typically have the most desirable hospitals for medical travelers seeking physician services, according to research by Booth’s Jonathan Dingel and coauthors.

March 23, 2023 | Marketplace
This time around, the Fed wanted to see inflation to believe it, and not cool the economy too quickly after Covid and its supply chain snarls, explains Anil Kashyap of Chicago Booth.

March 22, 2023 | Study International
When it comes to education for the most seasoned of executives, Chicago Booth leads the way. It has done so for over a century, with its suite of executive education programs that fuse intellectual stimulation, great teaching, and cutting-edge research.

March 21, 2023 | The Washington Post
A surprising number of layoff communications address workers using a corporate pet name, a practice that has roots in the ancient tradition of using one’s surname to indicate one’s profession, according to Ayelet Fishbach of Chicago Booth.

March 20, 2023 | CNN International Business
“If nothing serious happens between now and Wednesday, I think the Fed will believe that it has done enough to stabilize the banking system,” says Chicago Booth’s Raghuram Rajan.


March 20, 2023 | City Journal
“A presidential commission can determine where the banks, the auditors, and the Federal Reserve erred,” writes Booth professor Luigi Zingales.

March 20, 2023 | Crain's Chicago Business
“Both charisma and narcissism are often associated with entrepreneurship,” writes Kim Vender Moffat, an investor in residence at Booth’s Polsky Center. “Research of this association suggests it can both positively and negatively correlate to success.”


March 20, 2023 | WGN Morning News
Chicago Booth’s Felicia Joy weighs in on the current corporate efforts to focus more on diversity, equity, and inclusion.

March 19, 2023 | Financial Times
The latest survey from Booth’s Initiative on Global Markets, conducted in partnership with the Financial Times, suggests the US central bank still has work to do to stamp out stubbornly high inflation.

March 19, 2023 | Associated Press
Booth professor and entrepreneur Amy Hilliard knows how difficult it is to secure financing. It took three years to secure a loan for her cake manufacturing company, and she had to sell her home to get it started.


March 17, 2023 | The New York Times
“If we’re not on top of that, then what about some of these other, more shadowy parts of the financial system?” says Chicago Booth’s Anil Kashyap of the problems that went undetected at SVB and other banks.

March 17, 2023 |  Barron's
“The U.S. Federal Reserve’s quantitative-easing program left the banking system vulnerable,” write Chicago Booth’s Raghuram G. Rajan and coauthor in a recent opinion piece.

March 17, 2023 | Associated Press
Chicago Booth’s Anil Kashyap and Raghuram G. Rajan weigh in on the government’s response to the failure of two large banks and the implications on ordinary Americans.


March 16, 2023 | CNBC: Street Signs Asia
Booth professor Raghuram G Rajan says “doing zero would convey inappropriate signals at this point.”


March 15, 2023 | The Wall Street Journal
On average, people remember prices as being lower than they really were, according to forthcoming research from Booth’s Michael Weber and coauthor.

March 15, 2023 | Yahoo! Finance
“The turmoil in Europe—and to some extent amongst the big banks in the U.S.—is how much exposure do you have to Credit Suisse if it melts down over the next few days,” explains Booth’s Raghuram G. Rajan.


March 15, 2023 | Fortune
“Their investments were pretty long-term, and they were generating very low yields,” says Booth’s Diamond W. Diamond of SVB. “They must have figured that scenario would work fine if every depositor stayed forever.”


March 15, 2023 | Yahoo! Finance
“Venture capital funds raised record commitments last year, so there's a ton of dry powder,” explains Steven Kaplan of Chicago Booth.

March 14, 2023 | Bloomberg Markets
Chicago Booth’s 2022 Nobel laureate Douglas W. Diamond discusses the distinctions between the collapse of SVB and Signature Bank and what happened in 2008.   
(Interview starts at 1:56.)

March 14, 2023 | NPR
“The problem was they weren't worth 100 cents on the dollar, because they were long-term interest rates,” said Chicago Booth’s Douglas Diamond of government bonds held by SVB. “Interest rates went up. They had to sell them at a discount.”

March 13, 2023 | Calmatters
Typically, federal regulators will try to find another private bank to take over the failed one, explains Booth’s Joao Granja. The fact that no buyer was immediately forthcoming reflects both “how suddenly and quickly the situation unfolded.”

March 13, 2023 | CNBC Techcheck
Raghuram G. Rajan of Chicago Booth discusses the Fed’s response to the SVB fallout, bank market risk, and the contagion effect from SVB.

March 13, 2023 | NPR Morning Edition
Booth’s 2022 Nobel Prize winner Douglas W. Diamond discusses the recent bank collapses and what they say about the stability of America’s banking system.

March 12, 2023 | The Washington Post
The collapse of Silicon Valley Bank could trigger economic problems for companies that kept large uninsured sums on deposit, explains Chicago Booth’s Anil Kashyap.

March 10, 2023 | WalletHub
“keep an eye out for cards that will reward you with bigger payouts if you are patient,” suggests Booth’s professor of behavioral science Thomas Talhelm.


March 10, 2023 | Financial Times
“Beliefs in an immaculate disinflation with only mild job losses could soon be put to the test,” writes Booth’s Raghuram G. Rajan in a recent op-ed.


March 10, 2023 | Bloomberg Surveillance Podcast
Randall Kroszner of Chicago Booth discusses the US February payrolls report and says the labor market is still pretty hot.

March 9, 2023 | The Wall Street Journal
Booth's Dennis H. Chookaszian says there were two driving forces behind the company’s growth. The first is that the site built a “community of interest,” and the second is that it upended the basic economics of the business.

March 8, 2023 | CNN.com
Companies view costs changes as occasional opportunities they don’t want to miss, and it’s not unusual for them to use the moment to raise prices, explains Chicago Booth’s Jean-Pierre Dubé.

March 8, 2023 | Forbes
Donna Swinford, Associate Dean for Student Recruitment and Admissions for MBA Programs at Chicago Booth, is optimistic, but realistic when it comes to women's increasing participation in business and finance.

March 7, 2023 | Morningstar: The Long View (podcast)
Booth’s professor of finance Lubos Pastor talks about his research, academic finance, tips for investors and financial advisors, and more.

March 7, 2023 | Bloomberg
Corruption, while far from ideal, can be consistent with, and even contribute to, fast economic growth, says an opinion piece referencing the work of Booth professor Chang-Tai Hsieh.

March 7, 2023 | Barron's
A new study from Booth professors Niels Gormsen and Kilian Huber raises new doubts about how much of a role interest rates play in business investment.

March 3, 2023 | Reuters
At IGM's "Workshop on Market Dysfunction," Dallas Federal Reserve President Lorie Logan sai the US government bond market remains vulnerable to significant shocks.

March 3, 2023 | Chicago Tribune
Booth’s Avner Strulov-Shlain shares his insights into pricing tiers, and the likelihood of businesses adopting this approach for customers in the future.

March 1, 2023 | Finance & Development
More focused, less interventionist central banks would likely deliver better outcomes, suggests Chicago Booth’s Raghuram Rajan.

February 28, 2023 | Supply Management
“There is no doubt the key challenge for 2023 is how we move forward digitally,” says Chicago Booth’s Nicole DeHoratius. “We need to have more visibility beyond the first tier, and by this we mean asking whether technology is in the right place or not.”

February 26, 2023 | The New York Times
“When the economy came back very strongly in 2020, then a lot of firms were trying to hire again and they couldn’t,” said Chicago Booth’s Matt Notowidigdo. “That experience might still be sitting with people.”

February 24, 2023 | Reuters
Federal Reserve governor Philip Jefferson discussed the US central bank’s response to inflation at the 2023 US Monetary Policy Forum, an annual conference organized by Chicago Booth’s Initiative on Global Markets.

February 22, 2023 | Bloomberg Balance of Power
The Fed should keep its options open when it comes to rate hikes, suggests Randall Kroszner, a professor at Chicago Booth and a former governor of the Federal Reserve.

February 22, 2023 | Newsweek
“Many of our most difficult ethical dilemmas involve balancing honesty with benevolence,” says Emma Levine, associate professor of behavioral science at Chicago Booth.

February 20, 2023 | Benzinga
A study by Chicago Booth’s Constantine Yannelis and coauthors finds that short-term mortality rates for residents jump by 10 percent after a nursing home’s purchase by a private equity firm.

February 20, 2023 | Crain’s Chicago Business
Chicago Booth’s CJ Przybyl, ’11, offers advice for entrepreneurs navigating the early days of their startup.

February 19, 2023 | Los Angeles Times
Over the past century, almost all industries have become increasingly dominated by a small number of large, productive firms, according to research by Chicago Booth’s Yueran Ma and coauthors. An outlier is construction—Booth’s Austan Goolsbee and Chad Syverson found that construction value added per worker has been declining since the 1960s.

February 17, 2023 | NPR
“There may not be that much difference between a soft landing and a mild recession,” explains Chicago Booth's Raghuram G. Rajan. What we really need to look out for, he says, is the danger of a major recession.

February 13, 2023 | Bloomberg Markets Americas
Chicago Booth’s Randall Kroszner says the Fed is very concerned about the labor market.

February 13, 2023 | City A.M.
Quentin Vandeweyer of Chicago Booth says central banks may deliberately make CBDCs “unattractive” to try to avoid bank runs, but suggests this may not be enough as “the main comparative advantage of a CBDC is its safety.”


February 13, 2023 | The Hill
This notion that targeted transparency can be used to influence corporate behavior has been around for a long, long time,” says Christian Leuz, professor of accounting and finance at Chicago Booth.

February 8, 2023 | Marketplace
Cash tied up in inventory isn’t being used productively, said Nicole DeHoratius of Chicago Booth. “It is capital that’s not being used to invest in new parts of the business—to introduce a new product, to pay your employees more.”

February 5, 2023 | The New York Times
A study by Booth's Austan Goolsbee and Chad Syverson brings new evidence to bear on the industry’s measured productivity problems, and suggests that measurement error is probably not the sole source of the stagnation.

February 3, 2023 | Poets & Quants
Meet Chicago Booth's MBA Class of 2024 through in-depth profiles on the extraordinary students, their stories, and their dreams.

February 3, 2023 | Men's Health
“A rich person who’s always been rich is probably not the best source of advice on how to manage your budget or your finances,” says Ayelet Fishbach of Chicago Booth.


February 2, 2023 | The Economist
Measured productivity growth may actually decline in the years or decades after a new technology appears, according to findings by Booth's Chad Syverson and his colleague.

February 1, 2023 | Politico
To address the energy crisis and digitalization, European governments “need to work to complete the single market for capital, digital and financial services, provide common EU funding for EU firms, sharpen competitiveness, and invest in a thriving university system,” according to an op-ed by Chicago Booth visiting professor Luis Garicano.

January 31, 2023 | Business Insider
In any given year, 10 percent of corporations committed securities fraud and 41 percent of companies “misrepresent” their financial reports, according to findings by Chicago Booth’s Luigi Zingales and coauthors.

January 30, 2023 | The New York Times
Managers often fear they will undermine motivation if they’re too critical, completely missing the point that employees will be motivated to do better if given helpful feedback, explains Booth's Ayelet Fishbach.


January 27, 2023 | WGN Morning News
When it comes to making yourself look your best to employers, it’s important to know the difference between accentuating the positive and embellishment, says Chicago Booth's John Paul Rollert.

January 26, 2023 | NPR Morning Edition
Luigi Zingales of Chicago Booth discusses the federal antitrust case targeting Google’s digital advertising business.

January 25, 2023 | Politico
In the wake of an economic shock, inflation-adjusted wages might drop at first but then begin to rise as part of a normal recovery, according to findings by Chicago Booth's Guido Lorenzoni and coauthor.

January 24, 2023 | Better
“There is a real need and demand from corporations to make their manufacturing processes, their supply chains, their products and their packaging more sustainable,” says Chicago Booth’s Priya Parrish.

January 23, 2023 | Los Angeles Times
“Ticketmaster is effectively paid to be a punching bag,” says Chicago Booth’s Eric Budish. “Their fees find ways back to the artist or venue. And the artist chooses their ticket prices.”

January 23, 2023 | Washington Examiner
More than a tenth of American workers say they will keep social distancing even after the coronavirus pandemic ends, placing a permanent drag on the workforce, according to research by Booth's Steven J. Davis and coauthor.

January 23, 2023 | Chicago Tribune
“It creates jobs, it makes people realize you can build big, interesting companies in Chicago,” said Chicago Booth's Ira S. Weiss of when companies like Outcome succeed in Chicago.


January 20, 2023 | The New York Times
Early personal experiences strongly determine a person’s appetite for financial risk, according to research findings by Chicago Booth's Stefan Nagel and coauthor.

January 19, 2023 | Bloomberg
At a recent event co-sponsored by the Chicago Booth Government and Policy Club and UChicago’s Institute of Politics, Federal Reserve vice chair Lael Brainard said high interest rates were needed to keep pressuring inflation that’s showing signs of slowing but is still too rapid.

January 19, 2023 | CNBC
Federal Reserve vice chair Lael Brainard discussed inflation, markets, and the state of the economy at a recent event co-sponsored by the Chicago Booth Government and Policy Club and UChicago’s Institute of Politics.

January 19, 2023 | The Economist
Monetary policy should tolerate somewhat higher inflation if doing so allows workers to find a new job during periods of economic change, argues Chicago Booth's Veronica Guerrieri.


January 18, 2023 | Quartz
“Certainly central banks are looking for some labor market slack to give them confidence they can pause. The problem is, every time there’s a hint they can pause, financial markets take off,” says Booth's Raghuram G. Rajan.
  

January 18, 2023 | CNBC
Raghuram G. Rajan of Chicago Booth discusses crypto and whether it will continue to be a speculative asset after the market crash in 2022.

January 18, 2023 | Crain's Chicago Business
“Nobody wants to relive this, but we’ll have to relive it while the case is going on,” says Chicago Booth's Ira S. Weiss of the Outcome Health founders' trial.

January 17, 2023 | Crain's Chicago Business
In many cases, the hidden curriculum—in other words, the cultural norms of entrepreneurship— are both imperfect and always changing, write Erika Mercer of Booth's Polsky Center and Abigail Ingram of the Polsky Exchange.


January 15, 2022 | The Week
Humans need short-term successes to feel sufficiently rewarded to keep going and achieve long-term habit shifts, according to Ayelet Fishbach of Chicago Booth.

January 12, 2023 | National Geographic
“We find that people who jinx themselves don’t think the bad outcome is especially likely if they knock down on wood,” explains Jane Risen of Chicago Booth. “So, the ritual does seem to help manage their concern.”

January 12, 2023 | Reuters
“Policy has to be made in real time,” says Booth’s Randall Kroszner. “It is extremely important to have a sense of humility and realize the models you may be using, the data you are relying on, may not be appropriate going forward.”

January 10, 2023 | Fortune
“Meetings that require passive participation don’t offer social interactions and don’t increase engagement. They might even decrease engagement if people feel their day is wasted on meetings,” says Ayelet Fishbach of Chicago Booth.


January 10, 2023 | Bloomberg
The Federal Reserve will raise interest rates by another percentage point as it fights high inflation, according to Booth’s Wenxin Du, Randall Kroszner, and Raghuram G. Rajan.

January 9, 2023 | Policygenius
“People with high health risks should not avoid life insurance,” says Ralph S. J. Koijen of Chicago Booth. “They should be mindful, however, to purchase a policy that they can still afford during economic downturns.”

January 9, 2023 | Financial Times
“Central banks will probably be most effective if they rebuild their commitment to combating high inflation. And if inflation falls too low, perhaps we should learn to live with it,” writes Chicago Booth’s Raghuram G. Rajan in a recent op-ed.

January 7, 2023 | The New York Times
“It’s not that there won’t be some loss of bargaining power by workers,” said Steven J. Davis of Chicago Booth. “It’s just that many employers have their own independent reasons to think that the shift, the partial shift, to remote work is beneficial for them as well.”

January 6, 2023 | Bloomberg Surveillance
Randall Kroszner of Chicago Booth says the December US employment report is consistent with the view that the US may not have a significant recession.

January 5, 2023 | Fast Company
Endowing diseases with human qualities makes people more likely to comply with health recommendations, according to findings by Booth’s Ann L. McGill and her colleagues.


January 5, 2023 | MPR News with Angela Davis
Chicago Booth’s Ayelet Fishbach talks about how to make change easier by shifting our mindset, picking realistic and inspiring goals, and using tips from psychology to stay motivated.


January 5, 2023 | Bloomberg Balance of Power (Podcast)
Booth's professor of finance Raghuram G. Rajan discusses his global economic outlook.


January 5, 2023 | Bloomberg
The US economy may experience a small economic contraction if the financial sector is able to avoid issues as the Federal Reserve raises rates, indicates Booth's Raghuram G. Rajan.

January 5, 2023 | Crain's Chicago Business
Over the past quarter-century, Chicago Booth and its Polsky Center for Entrepreneurship and Innovation have become well-known launching pads for startups such as Grubhub. Now it's looking for similar success in launching companies with more of a focus on hard science.

January 3, 2023 | Business Insider
Struggling individuals are more motivated to achieve their goals by giving advice rather than receiving it, according to findings by Chicago Booth’s Ayelet Fishbach and coauthors.


January 3, 2023 | Los Angeles Times
Research by Chicago Booth’s Nicholas Epley and coauthors has shown that people systemically underestimate how much they will enjoy a conversation with a stranger, and how likely it is that the stranger will enjoy the conversation too.

January 3, 2023 | Chicago Tribune
“As interest rates continue to rise, investors just get particularly worried about risky investments, risky projects and risky stocks,” says Matthew Notowidigdo of Chicago Booth.

January 2, 2023 | CNN International: Quest Means Business
Chicago Booth’s Raghuram Rajan shares his insights on what 2023 holds for the world economy as the IMF warns of a slowdown.

January 1, 2023 | The Economic Times
“I think we certainly need to understand the technology, we need to proceed cautiously on building out a rupee CBDC,” says Raghuram Rajan of Chicago Booth.