Faculty News
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Professor Holger Mueller's joint research is highlighted in an article on the impact of recessions on firms
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![Harvard Business Review logo Harvard Business Review logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_032358.jpg?h=cd55d432&itok=6BsjZLg4)
Excerpt from the Harvard Business Review -- "In a 2017 study, Xavier Giroud (of MIT’s Sloan School of Management) and Holger Mueller (of NYU’s Stern School of Business) looked at the relationship between business closures and associated unemployment and falling housing prices in various U.S. counties. Overall, the more housing prices declined, the more consumer demand fell, driving increased business closures and higher unemployment."
Faculty News
—
![Harvard Business Review logo Harvard Business Review logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_032358.jpg?h=cd55d432&itok=6BsjZLg4)
Excerpt from the Harvard Business Review -- "In a 2017 study, Xavier Giroud (of MIT’s Sloan School of Management) and Holger Mueller (of NYU’s Stern School of Business) looked at the relationship between business closures and associated unemployment and falling housing prices in various U.S. counties. Overall, the more housing prices declined, the more consumer demand fell, driving increased business closures and higher unemployment."