Experience Stern | News & Events

Excerpt from Global Finance Magazine -- "Wages in the public sector have been falling—but in an inappropriate fashion, according to Nicholas Economides, professor of economics at New York University’s Stern School of Business. He explains how the government failed to evaluate civil servants to determine who was redundant and who was effective."

Excerpt from The Hindu Business Line -- "I lecture students about leadership. My singular message is: spend time to bring out your own hidden dimensions and calling."

Excerpt from Fox News -- "Social media brings a lot of unexpected players into your realm and when people start talking about you and your business, others may be listening, and they need to respond."

Excerpt from Foreign Policy -- "Rarely has someone done so well predicting that the world will go so wrong. Nouriel Roubini rose to prominence for forecasting that the 2008 housing crisis would lead to a global economic meltdown, and he has been peddling a message of doom and gloom ever since. Unfortunately for all of us, he's been right." Additional coverage appeared in Foreign Policy and Mashable.com.

Excerpt from ABC News -- "Sam Craig, a marketing professor at New York University’s Stern School of Business, said that although he didn’t believe Coke’s brand would be tarnished or altered by backlash, the message was clear: 'Don’t mess with the brand.'" Additional coverage appeared in Marketing Week.

Excerpt from NYU Local -- "This is much less mechanical–10% of all revenues. For simplicity’s sake, let’s assume that all revenues come from box office (obviously this is not the case, but remember, this is a very superficial analysis of the subject matter–if you want a more rigorous analysis of this, Professor Amir Malin’s Stern/Tisch Film Finance and Distribution course is a great way to examine all of these deals)."

Excerpt from New York Daily News -- "This half-day, intensive Clinic will feature thought leaders, academics, and innovators from all parts of the mobile ecosystem. The Clinic will take place in a classroom setting with a curriculum designed to increase a manager's proficiency in, and understanding of, mobile marketing and commerce."

Excerpt from Bloomberg Markets -- "The effects of deleveraging are being made worse by excess production capacity due to globalization, according to 'The Way Forward,' a report co-authored by Alpert, Cornell University law professor Robert Hockett and economist Nouriel Roubini of New York University."

Excerpt from The Wall Street Journal -- Robert Engle, who won a Nobel Prize in 2003 for economics, has said that while China is making five-year plans for the next generation, Americans are planning only for the next election.

Excerpt from Forbes -- "Systemic risk always lies hidden. Thus, as Nobel prize winner Robert Engle and others point out, 'While the financial crisis started in the summer of 2007, it was not until the early autumn of 2008 that systemic risk fully emerged.'"

Excerpt from TIME blog -- "Nouriel Roubini argued in the 'Financial Times' the other day that debt restructuring is the answer, to alleviate the burden on Italy."

Excerpt from The Boston Globe -- "Aral recently published in the journal "Management Science" the results of an experiment that examined the viral spread of a product through a network of 1.4 million Facebook users, finding that viral features that alert friends that their friends are using a product more than doubled the increase in the adoption of the product by others in the network."

Excerpt from Associated Press -- "I would say this is a big change. Traditionally, the ECB has seen its only objective as maintaining a stable, low rate of inflation." Additional coverage appeared in Tribune-Chronicle.com, The Boston Globe, STLToday.com, Palm Beach Post, Dayton Daily News, Newser.com, Marshall Independent, AJC.com, BND.com, among other outlets.

Excerpt from The Washington Post -- “You have the beginnings of a credit crunch in Europe. ... [Banks] are limiting their dollar activities. French banks have large operations in Italy — and they’re shrinking. Austrian banks have large operations in Eastern Europe — and they’re shrinking.”

Excerpt from The Daily -- "Romer’s charter cities concept involves creating what he calls “reform zones.” The idea is to let a government with a track record of success run parts of a country, on the theory that the key drivers of progress are rational rules and functional institutions." Additional coverage appeared in Reason.com.

Excerpt from The New York Times -- "Museum of American Finance: Volcker Talk (Wednesday) Paul Volcker, who served under five presidents, speaks as part of the Henry Kaufman Lecture/Symposia Series. The presentation will be followed by a reception and question-and-answer session moderated by Dr. Richard Sylla, a New York University professor and the chairman of the museum."

Excerpt from Money Morning -- "Slowly but steadily, consumers are exploring more normal ways of returning to a more normal pattern when it comes to borrowing habits."

Excerpt from Washington Square News -- "The city's economy is so large and so tied to finance and international economic trends that there is so little the city can do at all to move its economy in any direction."

Excerpt from Indo-American News -- “The combination of different instruments and Chandrika’s voice revealed to me what World Music should be all about."

Excerpt from The Guardian -- "Probably the most important work recently was that of Jonathan Haidt (professor of psychology at the University of Virginia) who looked at a moral theory and talked about importance of relationships."

Excerpt from New York Observer -- "Sitting on the board of N.Y.U.’s Stern Business School, hedge funder Peter Schoenfeld knows a thing or two about economics: buy low, sell high."

Excerpt from Euromoney -- "The academics at NYU Stern have proposed a repo clearing house or repo resolution authority that would step in and allow for an orderly liquidation of collateral backing repo contracts should there be a shock to an asset class such as mortgages."

Excerpt from The Huffington post -- "The [labor force's] share dropped to 57.1 percent, according to economist Nouriel Roubini, compared to an average of nearly 65 percent percent before the year 2000."

Eric Varvel, Chief Executive Officer of Credit Suisse's Global Investment Bank, headlined the conference. He shared his unique insights on the status of the world economy in his presentation entitled "Adapting to Change."

Excerpt from TIME -- "In a remarkable new book, "The Darwin Economy," economist Robert Frank explores how these sorts of arms races play out in myriad areas of economic life—and how we could create a more productive economy if we understood their nature and impact."