Thomas F. Cooley
Thomas F. Cooley is the Paganelli-Bull Professor of Economics at the Leonard N. Stern School of Business at New York University, as well as a Professor of Economics in the NYU Faculty of Arts and Science. He served as Dean of the Stern School from 2002 to January 2010. Before joining Stern, he was a Professor of Economics at the University of Rochester, University of Pennsylvania, and UC Santa Barbara. Prior to his academic career, he was a systems engineer for IBM Corporation. He is a Research Associate of the National Bureau of Economic Research and a member of the Council on Foreign Relations. He is also the former President of the Society for Economic Dynamics, a Fellow of the Econometric Society and holds an honorary doctorate from the Stockholm School of Economics. He is a widely published scholar in the areas of macroeconomic theory, monetary theory and policy and the financial behavior of firms. He also frequently writes opinon pieces for a variety of economic and business publications.
Responding to the financial crisis of fall 2008, he spearheaded a research and policy initiative that yielded 18 white papers by 33 NYU Stern professors, published as Restoring Financial Stability: How to Repair a Failed System, (Wiley, 2009). Together with Stern colleagues he is currently editing and writing a book, Regulating Wall Street, The New Architecture of Global Finance, published by Wiley in 2010.
Cooley-Rupert Economic Snapshot
The Cooley-Rupert Economic Snapshot, our view of the current economic environment.
Here you will find the latest version of the snapshot of the U.S. economy based on releases from the BEA, BLS, and other organizations. In all of our snapshots we present the data in a way that we find particularly useful for assessing where we are in the business cycle and tracking the U.S. economic recovery. The paths of all the series presented are plotted relative to their value at the peak of the respective business cycles. We use the business cycle dates identified by the National Bureau of Economic Research.The Cooley-Rupert European Snapshot, our view of the current European economic enviroment.
In our posts you will find the latest version of the snapshot of the European economy based on the latest releases from Eurostat and other organizations. In all of our snapshots we present the data in a way that we find particularly useful for assessing where we are in the business cycle and tracking the economic recovery of several large European countries. Since the dating of European business cycles is relatively new, we define our own using a simple and comparable method. Visit for a detailed description of our methodology.
Dodd-Frank: One Year On
The 22nd of July marks the first anniversary of the signing of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act, the most comprehensive US regulatory effort for financial markets since the 1930s. This column introduces an eBook analysing where the regulatory process stands after one year and where it is headed...continued
Regulating Wall Street
Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance (Wiley; November 2010), edited by Professors Viral V. Acharya, Thomas F. Cooley, Matthew P. Richardson and Ingo Walter. Regulating Wall Street follows the authors' previous book, Restoring Financial Stability (Wiley, March 2009), which focused on the causes of the financial crisis and offered proposals for market-based solutions while capturing the attention of policymakers in Washington...continued