Sabrina T. Howell
“Financing Innovation: Evidence from R&D Grants.” 2017. The American Economic Review 107 (4).
Contribution to Policy
March 2021: Testimony on the role of private equity in healthcare before the U.S. House of Representatives Ways & Means Oversight Subcommittee.
Assistant Professor of Finance
"When Investor Incentives and Consumer Interests Diverge: Private Equity in Higher Education." With Charlie Eaton and Constantine Yannelis. 2020. The Review of Financial Studies 33 (9).
Press Coverage (by Paper)
"Racial Disparities in Access to Small Business Credit: Evidence from the Paycheck Protection Program." 2021. With Theresa Kuchler, David Snitkof, Johannes Stroebel, and Jun Wong. Research Note.
Cowley, Stacy. 2021. "Racial Bias Skewed Small-Business Relief Lending, Study Says." The New York Times.
Foster Frau, Sophia. 2021. "Racial bias affected Black-owned small businesses seeking pandemic relief loans, study finds." The Washington Post.
Featured on the Wharton Fintech Podcast: "Did Fintech Save Minority-Owned Businesses in the PPP? With NYU's Dr. Sabrina Howell." January 29, 2021
Cumming, Chris. 2019. Warren Probes Apollo and KKR on Backing For-Profit Colleges. The Wall Street Journal.
Scigliuzzo, Davide. 2019. Everything is Private Equity Now. Bloomberg Businessweek.
Senator Elizabeth Warren letter requesting information from six private equity firms about their investments in for-profit education. (Summary on Warren website here.) 2019.
Berman, Jillian. 2018. "When private equity firms buy colleges, students often pay more."
Segal, Julie. 2018. "When Private Equity Wins and Consumers Lose." The Institutional Investor.
New York Advocacy Organizations' Comment on U.S. Department of Education Gainful Employment Rules. 2018.
U.S. Department of Energy. 2019. "Benefits of EERE Small Business Innovation Grants Confirmed in New Study." May 3.
Council on Foreign Relations. 2015. "Keeping the Edge: U.S. Innovation." Report.
Smith, Noah. 2015. "Angel Investing, Government Style." Bloomberg. July 9.
Pethokoukis, James. 2015. "Uncle Sam, angel investor?" AEIdeas, July 15.
Davis, Lucas. 2015. "How Should We Design Government Policies to Stimulate Innovation?" Haas Energy Institute. March 23.
Gill, Dee. 2015. "Small, Early Stage R&D Grants to Energy Startups have Large Impact." Chicago Booth Daily Data. February 2.
Howell, Sabrina. 2014. "The Impact of Government Grants in the Clean Energy Sector." Cleantech Group. January 9.
"Entrepreneurial Spillovers from Corporate R&D." With Tania Babina. 2020.
Brookings Hutchins Roundup Dec 20, 2018.
Brin, Dina. 2018. "Corporate R&D Investment Appears To Spur Employees To Startup Venture Path." Forbes, Dec 30.
Arends, Brett. 2019. "The No. 1 reason why big, innovative companies suffer a ‘brain drain’". MarketWatch, Jan 14.
"Do Cash Windfalls Affect Wages? Evidence from R&D Grants to Small Firms." With J. David Brown. 2019.
Featured in lead article of NBER Digest, March 2020
"Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes." With Atul Gupta, Constantine Yannelis, and Abhinav Gupta. 2021.
MarketWatch, April 30, 2021.
Bloomberg Law, April 6, 2021
Bloomberg News, March 25, 2021
U.S. House of Representatives Ways & Means Oversight Subcommittee. 2021. "Testimony of Sabrina T. Howell." March 25.
NPR, March 23, 2021.
Vox, February 23, 2021.
The Financial Times, January 10, 2021.
The New York Times, May 7, 2020.
The Financial Times, May 6, 2020.
NBC News, 2020.
MarketWatch, March 14, 2020.
"The Color of Money: Federal vs. Industry Funding of University Research." With Tania Babina, Alex He, Elisabeth Perlman, and Joseph Staudt. 2020.
Walsh, Bryan. "The shift to private R&D investment may curtail innovation." Axios, January 30, 2021.
NBER Digest. "Are Federal and Private Research Funding Substitutes?" March, 2021.
Watch presentation video from virtual Finance in the Cloud conference, Apr 10 2020
"Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship." With Ramana Nanda. 2019.
VoxEU CEPR, February 29, 2020
"Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation." With Josh Lerner, Ramana Nanda, and Richard Townsend. 2020.
Whyte, Amy. "Early-Stage VC Is ‘Highly’ Sensitive to Downturns — Including This One." Institutional Investor, May 2020.