# Professor Constantine Yannelis is interviewed about the impact of the government shutdown on the economy

1 Faculty News January 21, 2018 ![New York Post logo](/sites/default/files/styles/246w/public/assets/images/con_031743.jpg?itok=0h5FlsRq)>

Excerpt from [The Washington Post](https://www.washingtonpost.com/business/economy/as-federal-shutdown-continues-states-bail-out-lady-liberty-grand-canyon/2018/01/21/0ad3d540-feec-11e7-8acf-ad2991367d9d_story.html?utm_term=.f046b4e5a268) -- "'States can really do nothing to change the fact that federal employees aren’t receiving paychecks, and that will certainly be the biggest impact on the economy,' said [Constantine Yannelis](http://www.stern.nyu.edu/faculty/bio/constantine-yannelis), a finance professor at New York University."

[Read more](https://www.washingtonpost.com/business/economy/as-federal-shutdown-continues-states-bail-out-lady-liberty-grand-canyon/2018/01/21/0ad3d540-feec-11e7-8acf-ad2991367d9d_story.html?utm_term=.f046b4e5a268)