Faculty News

Prof. Scott Galloway and L2's five predictions for the "Prestige 100 brands" are featured

Excerpt from Portfolio.com -- "Get to know Tumblr, Instagram, and Pinterest. Several emerging platforms offer visual opportunities that fit hand in glove with most prestige brands' digital marketing strategies, says L2."
Faculty News

Prof. Bryan Bollinger's research on the diffusion of solar panels is featured

Excerpt from RenewableEnergyWorld.com -- "At the street level, the study found that a one percent increase in installed solar leads to a nine percent increase in the street adoption rate."
Faculty News

Nobel Laureate Prof. Robert Engle on calculating systemic risk

Excerpt from AGEFI Weekly -- "Instead of having to weight each asset, we should look at all the business in the portfolio of a bank and calculate its risk. The advantage is to take into account the correlation between assets and their volatility (French to English translation)."
Faculty News

Prof. Luis Cabral on economic reforms in Portugal

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Excerpt from The New York Times -- “Economic reforms of this sort take a long time to produce results ... it is likely that Portugal will need longer debt repayment terms or simply additional bailout funds." Additional coverage appeared in The International Herald Tribune.
Faculty News

Prof. Jonathan Haidt's book, "The Righteous Mind," is highlighted

Excerpt from Reason.com -- "'The Chronicle of Higher Education,' in advance of the publication of [Haidt's] brilliant (I have had the pleasure of reading the galleys) new book, 'The Righteous Mind: Why Good People Are Divided by Politics and Religion,' muses at his provocative notion of affirmative action for conservative scholars in academic psychology. " Additional coverage appeared in Science 2.0 and on Boston.com.
Faculty News

Prof. Nouriel Roubini's views on Russia are cited

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Excerpt from Foreign Policy -- "Nouriel Roubini and I both used the [Davos] conference to announce Russia shouldn't be a BRIC -- the response was very positive."
Faculty News

Nobel Laureate Prof. Michael Spence comments on President Obama's proposal to create US jobs

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Excerpt from The New York Times -- “We’re not going to get very labor-intensive, relatively low-skilled jobs in America, and I don’t think we want them. But sometimes it makes sense to have a little help developing technologies that will make us competitive. And sometimes public support for upgrading workers’ skills makes sense.” Additional coverage appeared in CNBC.
Faculty News

Prof. Stephen Brown is featured for his research on operational risk in hedge funds

Excerpt from Opalesque -- "Professor Stephen Brown describes how his recent research reports into operational due diligence have shown that operational risk is the 'disease' that plagues hedge funds and funds of funds, and accounts for low market-adjusted returns along with many of the fund failures that occurred in 2008."
Faculty News

Prof. Nouriel Roubini is highlighted for his global economic forecasts

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Excerpt from The New York Times -- "Roubini, now one of the world’s most visible economic thinkers, has a similar view, though he sees the timing differently, with the worst coming in 2013 or 2014, when China will face a situation like the one the United States experienced in 2008."
Faculty News

Nobel Laureate Prof. Michael Spence on having a portfolio of employment opportunities

Excerpt from Bloomberg -- “It is fine to have low-skilled jobs as part of the mix or portfolio of employment opportunities. ... It is better than no jobs. But the mix is important too." Additional coverage appeared in Bloomberg Businessweek.
Faculty News

Prof. Thomas Cooley on Greek debt

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Excerpt from CNC World -- "A lot of hedge funds bought Greek debt that's maturing in March, in the hope that they bought it at deep discounts, in the hope that it would be paid out something close to par and that they would make a quick killing."
Faculty News

Prof. Eric Greenleaf on identifying suitable sites for new elementary schools in lower Manhattan

Excerpt from Downtown Express -- “We need to be thinking about the long term. Once you’ve sold off a building it’s gone and it’s so hard to find a good building site Downtown for a school.”
Faculty News

An essay by Prof. Paul Romer on the rules that govern the financial system is referenced

Excerpt from Slate -- "I'm a big fan of Paul Romer's essay that draws a different kind of contrast between the way the FAA regulates aviation safety and the way OSHA regulates workplace safety and the implications for financial regulation."
Faculty News

Prof. Gino Cattani is highlighted as a new member of the Foundation Cassa di Lucca

Excerpt from La Nazione -- "The assembly also elected four new members: Professor Gino Cattani, an associate professor at the Stern School of Business at New York University ... (Italian to English translation)."
Faculty News

Prof. Amity Shlaes comments on Obama's plan to use tax breaks to bring companies back to the US

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Excerpt from Marketplace Radio -- "Obama wants to reward companies that create jobs here in the United States. One of the carrots is a tax credit for companies that move operations back here. Another would double tax breaks for high-tech factories making products here."
Faculty News

Prof. Edward Altman will present his credit research at PRMIA New York's meeting on February 21

Excerpt from PRMIA.org -- "Edward I. Altman, Max L. Heine Professor of Finance, Stern School of Business, New York University will present his annual credit research on defaults and market conditions."
Faculty News

Prof. Bryan Bollinger's research on the peer effects in the spread of solar panels is highlighted

Excerpt from Energy Priorities Magazine -- “'Peer Effects in the Diffusion of Solar Photovoltaic Panels' is a report co-authored by Bryan Bollinger, NYU Stern School of Business, and Kenneth Gillingham, Yale School of Forestry and Environmental Studies. The ten years of collected and analyzed data strongly suggest there is a causal peer effect."
Faculty News

Prof. Van Nieuwerburgh will speak at the Stanford European and Global Economic Crisis Series

Excerpt from Stanford Events -- "Professor Van Nieuwerburgh's research lies in the intersection of macroeconomics, asset pricing, and housing. One strand of his work studies how financial market liberalization in the mortgage market relaxed households' down payment constraints, and how that affected the macro-economy, and the prices of stocks and bonds."
School News

NYU Stern will host a panel on how game-design principles are used to promote sustainability on 2/21

Excerpt from School of Visual Arts -- " ... game-like experiences are helping people to eat healthier, consume less energy, recycle more, be more engaged in school, and even innovate solutions to disease and poverty."
Faculty News

Prof. Stephen Figlewski on companies writing put options on their own stock

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Excerpt from Global Finance Magazine -- "The issue of whether to let corporate end users off the hook is still pending. Until it’s settled, they can’t plan ahead."
Faculty News

Prof. Deepak Hegde's research on the US Patent and Trademark Office is featured

Excerpt from Nature Biotechnology -- "The article investigates concerns that the US Patent and Trademark Office (USPTO) is taking too long to examine patents and is granting patents of low quality."
Graduation

Graduation 2012

On Wednesday, May 16, 2012, NYU's All-University Commencement Exercises will be held at Yankee Stadium. On Thursday, May 17, 2012, NYU Stern's Undergraduate Baccalaureate Ceremony and NYU Stern's Graduate Convocation Ceremony will be held at Radio City Music Hall.
Faculty News

A presentation by Nobel Laureate Prof. Michael Spence on the global economy is featured

Excerpt from IMD.org -- "Dr. Spence focused on the challenges posed by big structural shifts in the world economy, which he said could triple in size in the next 20 years, from about $60trn to $180-200trn."
Faculty News

Prof. Roy Smith on merging the US and German stock exchanges

Excerpt from Deutschlandfunk -- "If you look at only the European market, then the proportion would be 95 percent, and that would be highly monopolistic. When in Chicago, New York, the stock exchanges in Japan and China to take, then shrinks the market share together for ten to 15 percent (German to English translation)."