Booth Professor Named American Academy of Arts and Sciences Fellow
University of Chicago Booth School of Business professor Matthew Gentzkow has been elected by The American Academy of Arts and Sciences as one of its 197 new Fellows, according to a press release on the school website.
A Richard O. Ryan Professor of Economics and Neubauer Faculty Fellow at Chicago Booth, Gentkow studies empirical industrial organization and political economy, with a specific focus on media industries. He has had his work published in the Journal of Political Economy, the Quarterly Journal of Economics, the American Economic Review, and Econometrica, and has been covered in major national media.
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New Booth Study Links Inflation Projections to Consumer Purchases
According to new faculty research from the University of Chicago Booth School of Business, when consumers expect higher inflation rates they become more willing to spend on the spot. According to a press release on the Chicago Booth website about the new research, households expecting an increase in inflation were more likely to spend on consumer durable goods such as like automobiles, electronics and other household goods.
“Central banks around the world try to raise inflation expectations via unconventional monetary policy measures to increase spending. The bond-buying program of the European Central Bank is the most recent example in a long line,” Chicago Booth Professor Michael Weber said. Weber co-authored the paper, titled “Inflation Expectations and Consumption Expenditure,” with Francesco D’Acunto of the Haas School of Business, and Daniel Hoang of the Karlsruhe Institute of Technology. Continue reading…
Booth MBAs Set to Pitch Big Idea for Chicago’s Block 37
Booth School of Business MBAs Scott Ebbott and Matt Olsen have come up with a fresh use for the space that had been intended under Chicago’s Block 37. According to a story in Crain’s Chicago Business, the duo plan to pitch their idea to turn the space into a data center at an upcoming competition.
108 North State Street is a site currently under development as an urban center located in the Loop community area of downtown Chicago. Recently, the space has had a bit of a troubled past. The three building structure was being developed by Joseph Freed and Associates LLC, as a project inherited from the Mills Corporation. However, in 2011 Bank of America foreclosed on the property and sold it in 2012 to CIM Group. Retail development responsibilities were undertaken by Joseph Freed and Associates LLC. By February 2012, the building remained only 26 percent occupied due to the undesirability of leasing space in bankruptcy proceedings. The retail spaces remained only 52 leased at the time. Continue reading…
Booth Set to Launch New Poverty Lab
Marianne Bertrand, Chris P. Dialynas Distinguished Service Professor of Economics at Booth School of Business, will direct the new University of Chicago Poverty Lab. According to a press release on the The University of Chicago’s website, The Poverty Lab is one of three new urban labs the University of Chicago announced. This lab joins the Ecology and Wellness Labs as part of a University of Chicago network that builds on the success of the school’s Crime and Education Labs.
The Poverty Lab’s mission will be to seek ways to improve parenting skills and better prepare students for the job market. In each lab, staff members and students conduct research, formulate strategies for tackling problems, work with community groups to operate programs, then evaluate data to assess impact. By summer, the labs will be operating out of workspace in the Loop. Continue reading…
New Booth Study Finds Employers Prefer to Hear Interviewee’s Voice
According to a new study by Booth School of Business professor Nicholas Epley and Ph.D. candidate Juliana Schroeder found that when employers and recruiters listened to a job candidates qualifications from their own mouth as opposed to reading them, the candidates were rated as more competent, thoughtful and intelligent, even when the words used were exactly the same. So it’s your voice that may actually help you land the job of your dreams job.
“The Sound of Intellect: Speech Reveals a Thoughtful Mind, Increasing a Job Candidate’s Appeal,” will be published in an upcoming issue of The Journal of Psychological Science, the highest ranked psychology journal. Continue reading…
FACULTY SPOTLIGHT: Sunil Kumar, Dean of the Booth School of Business
Just like at any job, when attending b-school it’s important to know who your boss is. At the University of Chicago Booth School of Business, that head-honcho is the school’s Dean, Sunil Kumar.
Kumar joined the school’s faculty on January 1, 2011 as Dean and Professor of Operations Management. Throughout his time as dean, Kumar’s primary focus has been on expanding the number of faculty members at the school, supporting the needs of various, diverse student aspirations, expanding the reach of the school’s programs, and executing a careful global strategy. Continue reading…
