Publications

2022
Working Paper

Distributional Consequences of Monetary Policy Across Races: Evidence from the U.S. Credit Register

By: Laura Alfaro, Ester Faia and Camelia Minoiu

We examine the consequences of monetary policy on racial disparities, focusing on the role of bank lending to firms through collateral and selection channels. Leveraging comprehensive loan-level data from the U.S. credit register (Y-14Q) of the Federal Reserve, we show... View Details

Keywords: Monetary Policy Transmission; Inequity; Credit Registry; Wealth; Collateral Channel; Selection; Racial Disparity; Racial Inequality; Equality and Inequality; Banks and Banking; Credit; Governing Rules, Regulations, and Reforms; Banking Industry; United States

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Real Property - Course Catalog

estate—when including single-family housing—is the largest asset class in the world. The global real estate industry ranges from small homes and local shops to multi-billion-dollar institutional portfolios. At every stage of the real... View Details

22 Nov 2022
News

Alumni Summit Explores Leadership for a Sustainable Future

organizing committee. “Consumers, workers, government, and financial institutions are putting increasing pressure on companies to provide more sustainable products and services. We felt it would be... View Details

Keywords: Margie Kelley

Profile

Daniel Sheyner

Sheyner. He also reached out to personal contacts in the industry, spending nights and weekends getting free lessons in industry skills like diligence and financial modeling, carefully building his path to private equity. "I was very... View Details

Keywords: Financial Services; Financial Services; Financial Services

11 Oct 2006
Research & Ideas

The Success of Reverse Leveraged Buyouts

public, selling shares to individual and institutional investors," says Lerner. Critics complain that buyout firms suck out profits rather than improve the firms they acquire, making these companies weakened goods when the IPO is... View Details

Keywords: by Sean Silverthorne; Financial Services; Financial Services

July 1997
Teaching Note

U.S. Bank of Washington (TN)

By: W. Carl Kester

Teaching Note for (9-292-057). View Details

Keywords: Financing and Loans; Cash Flow; Financial Statements; Business Subsidiaries; Commercial Banking; Managerial Roles; Banking Industry; Food and Beverage Industry; United States

In 1943, Gibson became head of Supreme Life Insurance, which had $53.8 million in industrial insurance policies in force. Gibson ushered in a solid seven years of growth and financial stability. Gibson’s sales force used a “mass... View Details

Keywords: Finance

01 Mar 2005
News

One-on-One with Edwin Reed

Reed Edwin C. Reed (MBA ’79) spends Saturdays with his family, but on Sundays, you’ll always find him at the office. Reed is the CFO of the Allen African Methodist Episcopal Church in Jamaica, Queens — a powerhouse religious institution... View Details

Keywords: Mary Ellen Gardner; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

24 Dec 2013
First Look

First Look: December 24

institution was able to successfully restructure and emerge from Chapter 11 bankruptcy, challenging conventional views that a financial firm could not survive bankruptcy proceedings as a going concern. A... View Details

Keywords: Carmen Nobel

July 2005 (Revised December 2006)
Case

Japan: Deficits, Demography, and Deflation

By: Richard H.K. Vietor

By 2005, Japan's debt had risen to 163% of GDP. For more than a decade, the government had run huge deficits, trying unsuccessfully to stimulate economic growth. Interest rates, meanwhile, had been zero for years. But with slow growth and banks in crisis, nothing had... View Details

Keywords: Economy; Economic Growth; Demographics; Financial Condition; Inflation and Deflation; Banks and Banking; Borrowing and Debt; Macroeconomics; Policy; Government and Politics; Welfare; Health Care and Treatment; Japan

July 2003 (Revised January 2004)
Case

Carol Brewer's Investments

By: Richard S. Ruback and Julia Stevens

Following her husband's death in 1994, Carol Brewer took over the management of her family's investments. This case describes the decisions Brewer made during this process, including her choice to seek active account management, her selection of an investment firm, and... View Details

Keywords: Investment Funds; Investment Portfolio; Retirement; Decision Choices and Conditions; Financial Management; Personal Finance; Investment Banking; Investment Return

Keywords: New Venture Competition; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

angel investor, Carissa has supported deep tech enterprise applications, including edge AI and cyber insurance. Carissa advises heads of agencies, defense leaders, Fortune 100 C-suites, and institutional investors. She participates in... View Details

Keywords: Artificial Intelligence;#10;#Aviation & Aerospace;#17;#Defense, Military, & Space

17 Apr 2014
News

York Street Partners, Busbud Take Top Honors in Alumni New Venture Competition

firm is pioneering interventions in Sri Lanka that will help transform the nation. In the past two years, York Street Partners has arranged the largest private equity investment in a non-banking financial View Details

June 2016
Supplement

Supply Chain Finance at Procter & Gamble Spreadsheet Supplement

By: Benjamin C. Esty, Scott Mayfield and David Lane

In April 2013, Procter & Gamble (P&G), the world’s largest consumer packaged goods (CPG) company, announced that it would extend its payment terms to suppliers by 30 days. At the same time, P&G announced a new supply chain financing (SCF) program giving suppliers the... View Details

Fast Answer

Confronting Climate Change: Risks and Opportunities

mobilizing the $100 trillion bond market for climate change solutions. Climate Policy Initiative - An independent non-profit organization whose mission is to help governments, businesses, and financial View Details

01 Sep 2011
News

Student Trio Advance Health Payment Reform

hospital’s President’s Council in early May. Bundling isn’t new. It has been proven to work at a handful of hospitals across the country, including the Texas Heart Institute in Houston and Intermountain Healthcare in Salt Lake City. Their... View Details

Keywords: bundling; Health, Social Assistance

16 Mar 2010
First Look

First Look: March 16

book deals with two of the biggest problems in business: Why do sane, smart leaders often refuse to accept the facts that threaten their companies? And how do they find the courage to resist denial when facing new trends, changing markets, and tough new competitors?... View Details

Keywords: Martha Lagace

October 2007 (Revised March 2008)
Case

First National Bank's Golden Opportunity

By: Shawn A. Cole, Peter Tufano, Daniel Schneider and Daryl Collins

Executives at First National Bank in South Africa are considering whether to launch a potentially exciting, but rather unorthodox, new savings product. Instead of paying interest, this product gives depositors the chance to win large cash prizes each month. Michael... View Details

Keywords: Decision Choices and Conditions; Banks and Banking; Investment; Innovation and Invention; Product Launch; Demand and Consumers; Banking Industry; South Africa

March 2008 (Revised July 2009)
Case

U.S. Subprime Mortgage Crisis: Policy Reactions (A)

By: Laura Alfaro and Renee Kim

By March 2008, the U.S. Government and the U.S. Federal Reserve Board had taken various policy measures over the last few months to tackle the subprime mortgage crisis that threatened to drag the economy into a recession. The Bush administration approved a fiscal... View Details

Keywords: Financial Crisis; Inflation and Deflation; Central Banking; Mortgages; Policy; Business and Government Relations; United States