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 VOL. 23, NO. 21APRIL 17, 1998 

Barro to Remain at Harvard

Economist Robert J. Barro has decided to remain at Harvard, where he has taught since 1987, rather than accept a joint appointment in Arts and Sciences and Business at Columbia.

  “We very much regret Robert Barro’s decision not to come to Columbia,” the University said in a formal statement, “but we fully intend to move forward in other directions to add additional strength to the economics department.”

  The University also issued a formal statement to The New York Times, correcting their report that Barro received a salary offer of $300,000. The Apr. 13 letter to the Times said in part, “As a private university, Columbia has a policy not to disclose faculty and staff salaries. However, three members of the university’s senior administration—President George Rupp, Provost Jonathan R. Cole and Vice President for Arts and Sciences David H. Cohen—told the article’s author, Sylvia Nasar, that the salary offer that she asked them to confirm was wrong, and, in fact, that it was ‘way off’.”