School News

NYU Stern is cited for collaborating with the NYU Courant Institute's new Risk Economics Lab

Excerpt from Washington Square News -- "The Courant Institute of Mathematical Sciences announced that it could open a new lab for socioeconomic, geopolitical and financial research as early as 2012."
School News

Undergraduate student Lindsay Kelbe on launching her fashion label, Lindsay Rose

Excerpt from Washington Square News -- "Kelbe, now a sophomore in the Stern School of Business, began experimenting with different fabrics and techniques, finally gathering her sketches for dresses, skirts and jewelry to launch a fashion show that donated proceeds to the American Cancer Society."
School News

Undergraduate student Alexandra Sorrentino on the Undergraduate Stern Women in Business organization

Excerpt from Washington Square News -- "Over the past three years the organization has built out [initiatives]" to serve women in the industry."
School News

Prof. Jonathan Haidt will participate in a discussion with Gordon Brown at NYU on September 21

Excerpt from States News Service -- "Former British Prime Minister Gordon Brown will lead a discussion at NYU on "How the Moral Mind Helps and Hinders Large-Scale Cooperation," the second lecture in NYU Dialogues on the Global Civil Society series."
Faculty News

Prof. Scott Galloway's digital IQ ranking of luxury brands in China is featured

Excerpt from The Independent -- "Prestige 100: China IQ is a study conceived by New York University Stern Professor Scott Galloway along with Doug Guthrie, from GW's School of Business and China and a panel from the L2 digital innovation think tank."  Additional coverage appeared in Travel & Leisure Close-Up.
Faculty News

Prof. Stijn Van Nieuwerburgh advises eliminating government housing subsides

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Excerpt from CNBC -- "Van Nieuwerburgh, who co-authored the book 'Guaranteed to Fail,' advocates gradually ending all government subsidies, including mortgage interest rate deductions and the wind down of Fannie Mae and Freddie Mac."
Faculty News

Prof. Scott Galloway discussed the blogosphere at Lucky Magazine's FABB Conference

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Excerpt from The Huffington Post -- "'Figure out how to turn my passion into a living. The blogosphere is very powerful & underpaid,' said Scott Galloway, an NYU Professor."
Faculty News

Prof. Richard Sylla on Alexander Hamilton

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Excerpt from The Wall Street Journal -- "'Hamilton has a lot to contribute to today's discussion,' said Richard Sylla, the chairman of the Museum of American Finance and an economics professor at New York University who is working on a book about Hamilton's foresight."
School News

Post-Doctoral Scholar Moran Cerf on how our brains react to digital product placement

Excerpt from Slate.com -- "Our brains generally are a mechanism that is supposed to make sense of the world. ... Many times when we see something for the first time our brains kind of have a signal flag that says, 'this is the first time I'm seeing it and it doesn't make sense.'"
Faculty News

Prof. Vicki Morwitz's research on consumer decisions and socioeconomic status is featured

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Excerpt from Science Daily -- "The authors discovered that under certain circumstances higher status consumers are more likely to emulate the choices of lower status people, a phenomenon called the 'low status user effect.'"  Additional coverage appeared on Eurekalert, UPI.com, TruthDive.com and Daily Mail.
Faculty News

Prof. Amir Malin on financing film projects

Excerpt from Variety -- "When it comes to equity, we're far more comfortable partnering with a studio. ... When it comes to an independent film, we're much more comfortable with debt."
Faculty News

Prof. Aswath Damodaran invites the public to attend his course on valuation

Excerpt from BVWire News -- "Aswath Damodaran, Professor of Finance at the NYU Stern School of Business, is teaching one class this year—valuation—and you are invited to attend."
Faculty News

Nobel Laureate Prof. Michael Spence on US American unemployment

Excerpt from Triple Pundit -- “What makes the current situation so hard is that we’re trying to solve a long-term problem with a very constrained fiscal situation."  Additional coverage appeared on a Council on Foreign Relations blog.
Faculty News

Prof. Nouriel Roubini is highlighted for his views on Karl Marx

Excerpt from Bloomberg Businessweek - "Marx has gotten an attentive reading recently from the likes of New York University economist Nouriel Roubini and George Magnus, the London-based senior economic adviser to UBS Investment Bank."  Additional coverage appeared in Livemint.
Faculty News

Prof. Richard Sylla on John Jacob Astor

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Excerpt from Investor's Business Daily -- "'He was good at sensing when to get in and out of things,' said Richard Sylla, professor of the history of financial institutions and markets at New York University's Stern School of Business."
Faculty News

Nobel Laureate Prof. Michael Spence on China lending to the euro zone

Excerpt from Bloomberg Businessweek -- “With relatively high yields, if there is a credible plan in Italy -- Italy has very low private debt, its public debt is relatively stable if they adopt sensible policies -- so could be quite a good investment as well.”  Additional coverage appeared on Channel News Asia.
Faculty News

Nobel Laureate Prof. Michael Spence on the state of the US economy

Excerpt from Bloomberg -- "Spence, a professor at New York University’s Stern School of Business who won the Nobel Prize in economics in 2001, stopped short of saying the U.S. is in a crisis. 'We have a debt problem, we have a political problem dealing with it, and we certainly have a growth and unemployment problem, but it’s not a crisis,' he said."  Additional coverage appeared in Washington Times.
School News

Post-Doctoral Scholar Moran Cerf on his neuroscience research

Excerpt from KCRW -- "Moran Cerf tells the story of what it's like to try and subdue a science fiction monster as it threatens to devour years of serious research."
Faculty News

Profs Viral Acharya, Itamar Drechsler and Philipp Schnabl's paper on CDS is cited

Excerpt from The Independent -- "I was also struck by this chart in Vickers, based on work by a paper by Viral Acharya, Itamar Drechsler and Philipp Schnabl of NYU-Stern, which shows the movement over time of credit default swaps (CDS) in the Irish and British banking sectors, and also the movement over time of the CDS of Irish and British government bonds."
Faculty News

Nobel Laureate Prof. Michael Spence on China's economy

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Excerpt from Xinhua -- "'China has a Five-Year Plan. It's easy to read, it's understandable,' Spence said of China's 12th Five-Year Plan (2011-2015)."
Faculty News

A review by Prof. Amity Shlaes of Michael Hiltzik's book, "The New Deal"

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Excerpt from The Wall Street Journal -- "Can you wage war against an economic downturn by attacking it like a military opponent? If so, can you win such a war? In "The New Deal," a blow-by-blow account of Roosevelt's campaign against the Great Depression, Michael Hiltzik implicitly answers both questions with a 'yes.'"
Faculty News

Prof. Hal Hershfield's research on the lack of retirement savings is featured

Excerpt from the Boston College Financial Security Project -- "Economists’ explanation for why people don’t save for retirement is that they “discount” the future, placing a higher value on today’s pleasures."
Faculty News

Prof. Scott Galloway's digital IQ ranking of prestige brands in China is featured

Excerpt from PR Newswire -- "Audi took the top rank in the second-annual Prestige 100®: China IQ, which measures the digital footprint of 100 prestige brands in China, the world's fastest-growing luxury market."  Additional coverage appeared on Newswise, MarketWatch, Betanews, StreetInsider.com, Yahoo! News, TheStreet.com, At the Center of it All, Newsblaze.com and Bradenton.com.
Faculty News

Prof. Amity Shlaes on fiscal stimuli

Excerpt from Brainerd Daily Dispatch -- “If a stimulus doesn’t take effect quickly, it isn’t really a stimulus, which is what Obama discovered after many millions of his 2009 spending package went unspent.”
Faculty News

Prof. Nouriel Roubini's economic predictions for China are highlighted

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Excerpt from CNBC -- "The big risk for Mongolia, however, remains its dependence on mining exports, especially to China. A crash landing for China’s economy forecasted by hedge fund investors such as Jim Chanos and economist Nouriel Roubini, could set back the country’s ambitious GDP growth targets."