The Dow Jones Industrial Average is undergoing some wild swings. But Narayana Kocherlakota, economics professor and former president of the Minneapolis Fed, sees no reason for immediate concern.

Bils’s work has focused on how wages and prices respond to the business cycle, and is one of 20 fellows named to the prestigious international organization this year.

The Simon Business School is one of the nation’s top schools for entrepreneurship studies, according to the Princeton Review, which placed Simon at number 21 among graduate schools, up two places from last year.

As a major research institution and the largest employer in Upstate New York, the University of Rochester helps shape its local economy as it carries out its core missions of creating and conveying new knowledge.

Following President Trump’s nomination of Jerome Powell to succeed Janet Yellen as chief of the Federal Reserve, Narayana Kocherlakota noted his approval of the selection.

In this week’s episode of the Quadcast podcast, former Federal Reserve leader Narayana Kocherlakota offers his insights on monetary policy and the need for diversity in economic models.

Harper, a member of the Rochester faculty for six decades whose work influenced academic thinking on the sociology of mental illness, is being remembered as a dedicated researcher and thoughtful teacher.