Faculty News

Prof. Amity Shlaes's book, "The Forgotten Man," is cited

Excerpt from The New American -- "'From 1929 to 1940, from Hoover to Roosevelt, government intervention helped make the Depression Great,' writes Amity Shlaes in 'The Forgotten Man: A New History of the Great Depression.'" Additional coverage appeared in Belleville News Democrat and American Spectator blog.
Faculty News

Prof. Thomas Sargent is highlighted for receiving the 2011 Nobel Prize in Economics

Excerpt from Princeton University -- "Princeton University professor Christopher Sims accepted his Nobel Prize in economics Dec. 10 during a ceremony at the Stockholm Concert Hall in Sweden. The prize was awarded to Sims along with Thomas Sargent, a New York University economist and visiting professor this semester at Princeton, for developing tools to analyze the economic causes and effects of monetary policy."
Faculty News

Nobel Laureate Prof. Thomas Sargent is cited as a "rational expectations" leader

Financial Times logo
Excerpt from Financial Times -- " ... 'rational expectations' practitioners, of whom Thomas Sargent is an acknowledged leader, might claim to derive inspiration from von Hayek’s earlier work on the role of markets and the use of knowledge in society (American Economic Review, 1945)."
Faculty News

Executive Board Member Richard Bernstein on investing in small-cap stocks

CBS News logo
Excerpt from CBS News -- "Smaller U.S. companies are starved for capital much the way that emerging markets, energy and commodities were 10 years ago." Additional coverage appeared in Business Insider.
School News

An event with Prof. Nouriel Roubini and author Roberto Saviano at NYU Stern is featured

Excerpt from i-italy.org -- "After Saviano's speech, professor Roubini started to talk and thanked his interlocutor for being in New York, risking his life everyday for justice and social equality, and by commenting his words he added that there is another important discipline that should be studied, a better management of criminal money (Italian to English translation)." Additional coverage appeared in Badische Zeitung.
Faculty News

An op-ed by Research Scholar Robert Frank on improving the US government

The New York Times Logo
Excerpt from New York Times -- "If government is inevitable, why not try to create the most effective one possible? Success requires focus and hard work, which in turn require dedicated and competent public servants. But experience shows that it’s possible."
Faculty News

Nobel Laureate Prof. Michael Spence's research on US job creation is cited

Financial Times logo
Excerpt from Financial Times -- "According to a study this year by Michael Spence, a Nobel Prize-winning economist from Stanford University, and Sandile Hlatshwayo, all net job creation since 1990 has been in the 'non-tradable sector.'" Additional coverage appeared in US News & World Report.
Faculty News

Prof. Thomas Sargent is highlighted for winning the 2011 Nobel Prize in Economics

Associated Press logo
Excerpt from Associated Press -- "Americans Christopher Sims and Thomas Sargent won the economics prize for describing the cause-and-effect relationship between the economy and government policy." Additional coverage appeared in Arirang News, Reuters Africa, Bloomberg, Gulf News, and MSNBC Photo blog.
School News

Overseers Board Member Chandrika Tandon on how music has changed her

Times of India logo
Excerpt from Times of India -- "I cried for two days thinking of what makes me happy. And it was music ... music has changed me personally and professionally." Additional coverage appeared in Daily Bhaskar and DNA India.
Faculty News

Prof. Paul Romer's charter cities concept is applied to Honduras

Excerpt from The Economist -- "The Honduran regions are modelled on a concept called 'charter cities' developed by Paul Romer, an economics professor at New York University. The principle is simple: take a piece of uninhabited land big enough for a city of several million, govern it by well-tried rules and let those who like the idea move there."
Faculty News

Prof. Amity Shlaes on the Great Depression and her book, "The Forgotten Man"

Excerpt from The Economist -- "Amity Shlaes, an economic historian, argues that 'government intervention helped make the Depression Great.'" Additional coverage appeared in Crain's New York Business and PBS Newshour.
Faculty News

Prof. Nicholas Economides on the ECB's liquidity crisis

Huffington Post logo
Excerpt from The Huffington Post -- "To actually resolve the liquidity crisis, Economides said, either the ECB would need to ramp up its purchase of government bonds, or the European Financial Stability Facility and the European Stability Mechanism -- two bailout funds -- would have to be expanded to contain enough money to be capable of bailing out both Italy and Spain and still have some money left over."
School News

Prof. Nouriel Roubini & Robert Saviano discussed Italy and the financial crisis at NYU Stern on 12/8

Vanity Fair logo
Excerpt from Vanity Fair Italy -- "As often happens, the most interesting topics come with questions. The same happened last night at NYU's Stern School of Business at the meeting with Roberto Saviano and the American economist Nouriel Roubini (Italian to English translation)." Additional coverage appeared in Corriere della Sera, Quotidiano, ANSA, La Repubblica, Dario del Web, Lettera43, Net1News, and InfoOggi.
School News

Assistant Dean Erin O'Brien on the TRIUM Global Executive MBA program

Times of India logo
Excerpt from Times of India -- "Erin O'Brien, assistant dean, TRIUM Global Executive MBA Program and NYU Stern Global Programs, points out that the program integrates international economic, political and social policy into the business curriculum."
Faculty News

Research Scholar Robert Frank's views on how to reduce US unemployment are highlighted

Excerpt from Media Matters for America -- " ... there are other ways to attack unemployment that could garner bipartisan support. Perhaps the most promising is a payroll tax holiday." Additional coverage appeared in New America Foundation, New York Times blog, and Phillyburbs.com.
Faculty News

Prof. Vicki Morwitz on Apple's new Grand Central Terminal store

Excerpt from ItaliaOggi -- "This means that they included 'individuals usually considered as the target of Apple, for example, creative people who work in advertising agencies as well as business executives,' Vicki Morwitz told ItaliaOggi (Italian to English translation)."
Faculty News

Prof. Daniel Altman's research on unemployment insurance is referenced

U.S. News and World Report logo
Excerpt from US News & World Report -- "Fiscal experts Martin Feldstein and Daniel Altman found that the 'most thoroughly researched effect of the existing UI system on unemployment is the increase in the duration of the unemployment spells.'"
Press Releases

NYU's Sargent to Receive Nobel Prize in Economics on Dec. 10

New York University Economics Professor Thomas Sargent, the 2011 Nobel Laureate in Economics, will be awarded the prize on Saturday, December 10 during a ceremony in Stockholm. The event, which begins at 10:30 a.m. EST, may be viewed live at: http://www.nobelprize.org/.
Business and Policy Leader Events

Author Roberto Saviano & Professor Nouriel Roubini Examine the Crisis in Italy & the US

Author and journalist Roberto Saviano and Professor Nouriel Roubini sat down with Ruth Ben-Ghiat, chair of NYU’s Department of Italian Studies, to share their perspectives on the financial crisis, criminal activities and money laundering, and how they undermine trust in the global financial system. Presented by NYU’s Department of Italian Studies, Casa Italiana Zerilli-Marimò and the Global and Joint Program Studies at the Arthur L. Carter Journalism Institute, and hosted at NYU Stern, the event drew some 400 students, faculty, press and members of the community to campus.
Faculty News

Prof. Lawrence White on endorsing Rutledge & Raynes as a credit ratings agency

Excerpt from International Herald Tribune -- ‘‘Customers may be happy to employ R&R, and pay some fees, but a public vouching may be more than the customer wants to do."  Additional coverage appeared on a New York Times blog.
Faculty News

An interview with Nobel Laureate Prof. Michael Spence on the prospects for the European Union

Excerpt from Bloomberg TV -- "I think this is one of the many two-scenario situations where we could get a sufficient commitment from the European Union and the eurozone to prevent Italy from spiraling out of control even with a credible reform program or we could get some kind of deadlock in the process as they try to figure out what a fiscal union would look like and then I think most of us would probably want to take cover." Additional coverage appeared in Yahoo! Finance and Bloomberg Radio.
School News

Vice Chair of NYU Trustees & Chair of the Board of Overseers William R. Berkley is featured

Excerpt from Insurance News Net -- "William R. Berkley, chairman and chief executive officer of W. R. Berkley Corp., said smart insurance companies should be making strong moves to position themselves as the market continues to show signs of hardening."
School News

NYU Stern students are highlighted for their participation in America Reads

Excerpt from The Villager -- "America Reads and Counts tutors come from almost every college at N.Y.U. About one-third of the tutors are enrolled in the Steinhardt School; one-third in the College and Graduate School of Arts and Science; and the remaining tutors are enrolled in the Tisch School of the Arts, Wagner School of Public Service, Stern School of Business, Silver School of Social Work, the Gallatin School for Individualized Study and the Liberal Studies Program."
Faculty News

Prof. Hal Hershfield's research on retirement savings is featuredE

Excerpt from About.com -- "An assistant professor of Marketing at New York University's Stern School of Business, Hershfield found young people were more motivated to save for retirement when they saw older versions of themselves in a virtual world."
Faculty News

Prof. David Poltrack on the impact of DVR playback on late night TV

Excerpt from TV Guide -- "But the biggest change impacting late night is DVR playback, according to CBS research chief David Poltrack. Poltrack says DVR usage at 11:30 p.m. would collectively rate a 3.0 in adults 18-49, nearly doubling what Leno and Letterman rate combined."