Faculty News

Profs Stephen Brown and Ingo Walter served on the 2011 SimCorp StrategyLab Excellence Award jury

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Excerpt from CNBC -- "Dealis Fund Operations was named the winner after a thorough evaluation by an international jury consisting of professor and director of SimCorp StrategyLab, Ingo Walter, professor Steven Brown of New York University, professor Paul Verdin of the University of Leuven and SimCorp’s CEO Peter L. Ravn."  Additional coverage appeared on MarketWatch.
Faculty News

Prof. Nicholas Economides on the risk of Greece defaulting on its debt

Excerpt from Il Fatto Quotidiano -- "The Greek government should be honest with our European partners telling them they are unable to pay and they need to have a bankruptcy (translated from Italian to English)."
Faculty News

Prof. Nouriel Roubini says the EU must restore economic growth

Excerpt from Bloomberg -- "'There’s too much focus on fiscal austerity, which is important, but first you have to restore economic growth,' Roubini said in a panel discussion at the European Forum of New Ideas."  Additional coverage appeared on Bloomberg Businessweek.
Faculty News

Prof. Viral Acharya on unifying bank regulators

Excerpt from Bloomberg -- "'All the national regulators have to agree that their banks need to raise capital,' he said. 'The regulators are not sufficiently united. No one country is taking the leadership to realize the problem is getting out of hand.'"  Additional coverage appeared in Bloomberg Businessweek.
Faculty News

Profs William Baumol and Ralph Gomory's research on trade is cited

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Excerpt from The Huffington Post -- " ... the paper confirms earlier findings made by former Sloan Foundation President Ralph Gomory and former American Economic Association President William Baumol in a study of trade under conditions of imperfect competition and with less than full resource utilization."  Additional coverage appeared in the Journal of Policy Modeling.
Faculty News

Prof. Lawrence Lenihan's business development workshop is featured

Excerpt from New York Daily News -- "As an Adjunct Professor at NYU's Stern School of Business, he teaches an entrepreneurship course called "Ready, FIRE!, Aim"--this workshop is a condensation of Mr. Lenihan's course material for market timing, idea realization, product development, and more."
Faculty News

An interview with Prof. Matthew Richardson on the importance of fixing the housing market

Excerpt from Dylan Ratigan -- "Henry Blodget of Business Insider and author Matthew Richardson explain why fixing the housing market remains key to the economy and job creation."
Faculty News

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

Excerpt from Kitsap Sun -- "In an article released in March, authors Michael Spence and Sandile Hlatshwayo, from New York University, argue that higher-paying jobs will soon follow low-paying jobs to greener pastures outside of the United States."
Faculty News

A commission on economic growth, led by Nobel Laureate Prof. Michael Spence, is cited

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Excerpt from CBS Moneywatch -- "Two and a half years ago, … the World Bank approached the Nobel laureate Michael Spence to ask him to lead a high-powered commission on economic growth."
Faculty News

Faculty News

Prof. Nathan Pettit's research on how social status affects trust is featured

Excerpt from Newswise -- "In three separate experiments, researchers found that high-status people tended to trust people more in initial encounters than did people with lower status."
Faculty News

Prof. Nouriel Roubini calls for Greece to voluntarily exit the euro zone

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Excerpt from The Wall Street Journal -- "New York University professor of economics Nouriel Roubini called for Greece to 'voluntarily exit the euro zone and return to the drachma' to escape a vicious cycle of insolvency, low competitiveness and ever-deepening depression."  Additional coverage appeared on FOX Business.
Faculty News

Prof. Aswath Damodaran on equity risk premiums

Excerpt from Bloomberg Businessweek -- "The reality is every time you invest in stocks you’re taking an implicit stance on the equity risk premium."
Faculty News

Prof. Nicholas Economides on the cost of restructuring Greek debt

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Excerpt from The Huffington Post -- "Restructuring Greek debt would cost the European Union just over $100 billion, according to NYU economist Nicholas Economides."
Faculty News

Prof. Nouriel Roubini discusses the outlook for corporate M&A's

Excerpt from Bloomberg TV -- “The question is, will the recession be mild or severe? We are running out of policy bullets.”  Additional coverage appeared in The Washington Post.
Faculty News

Nobel Laureate Prof. Michael Spence on the costs of US trade with China

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Excerpt from The Wall Street Journal -- "Michael Spence, a Nobel Laureate economist at New York University, said the new finding reflected how prevailing theories of trade aren't up to the task of dealing with the breakneck pace of China and other developing economies. Since the world has never seen such large countries grow so quickly, history isn't much of a guide."  Additional coverage appeared on a CNN blog.
Faculty News

In an op-ed, Prof. Stijn Van Nieuwerburgh and Euro-nomics group propose a new bond for euro banks

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Excerpt from The Wall Street Journal Europe -- "We propose that these objectives can be accomplished by creating 'European Safe Bonds' (ESBies) that banks can hold and that the ECB would accept as collateral. Such bonds would help meet the worldwide hunger for safe assets, particularly in times of crisis, when investors seek a safe haven."
Business and Policy Leader Events

Economists & Policy Makers from G20 Countries Gather to Discuss Employment Trends and Issues

Economists and policy makers from the G20 countries gathered at NYU for a two-day, deep-dive on employment this September. Hosted by NYU Stern and the Indian Council for Research on International Economic Relations (ICRIER), and with support from the World Bank, the workshop entitled, “Employment – Global and Country Perspectives,” explored a number of trends and issues.
Research Center Events

Leading Experts Convene for 2011 Workshop on Information in Networks

Researchers studying information in networks gathered at NYU Stern for the third annual Workshop on Information Networks (WIN) Summit, organized by Sinan Aral, assistant professor of information, operations and management sciences; Arun Sundararjan, associate professor of information, operations and management sciences; and Foster Provost, professor of information, operations and management sciences.
School News

Undergraduate student Stan Rosenberg is featured for his non-profit for needy high schoolers

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Excerpt from The Wall Street Journal -- "I believe that every student, no matter how rich or poor they are, should have the ability to travel and get a new perspective of the world."
School News

Reserve Bank of India Governor Duvvuri Subbarao's talk at NYU Stern is highlighted

Excerpt from Bloomberg -- "A rate of '4 to 6 percent is the short-term comfort range' for inflation, Subbarao said yesterday in remarks at New York University’s Stern School of Business."  Additional coverage appeared on Bloomberg, Reuters, Livemint, The Telegraph, Economic Times, India Infoline, Domain-B, Indian Government News, two India Banking News pieces, Finet International, Asia Pulse, Financial Express, MyDigitalFC.com and IndianExpress.com.
Press Releases

Third Annual WIN Conference at NYU Stern

Third Annual WIN Conference at NYU Stern Explores Value of Networking Technologies and Data for Medicine, the Military, Marketing and More on September 30-October 1, 2011
Faculty News

Prof. Jeff Bronikowski is the new head of corporate development & strategy for Echo Nest

Excerpt from All Things Digital -- "AOL Music’s most recent boss has left the company after a year. Jeff Bronikowski is now heading up corporate development and strategy for Echo Nest, a Boston-based startup that provides data for streaming music companies."  Additional coverage appeared on CMU Unlimited.
Faculty News

Prof. Jeffrey Carr on the demand for entrepreneurship expertise in foreign countries

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Excerpt from Crain's New York Business -- "Jeffrey Carr, executive director of the Berkley Center for Entrepreneurship & Innovation at NYU's Stern School of Business, is teaching in Colombia in September and in India in January, and says he has had 'a lot of requests from Chinese universities about setting up entrepreneurship programs there.'"