Faculty News

Nobel Laureate Prof. Michael Spence on China's growth model

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Excerpt from Xinhua News Agency -- "The very labor-intensive process of manufacturing export will eventually die off. They will be replaced."
Faculty News

Prof. Joseph Foudy on the limits to government job creation

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Excerpt from The New York Times -- “Economies are big things, governments have trouble changing things, and state governments, in particular, have limits."
Faculty News

In an op-ed, NYU Stern Prof. Roy Smith warns bank layoffs come at a cost

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Excerpt from Financial News -- "This time banks need to be especially careful. They could be facing a business bonanza without enough staff to do the work."
Faculty News

Nobel Laureate Prof. Michael Spence on the benefits of innovation

Excerpt from Bloomberg TV -- "[Innovation] can make a major contribution - I guess I wouldn't go up 200%, I think we'll be left with some distributional problems and employment challenges for the middle-income group, but it would be a big help."
Faculty News

In an op-ed, Nobel Laureate Prof. Michael Spence recommends pragmatic & adaptive policymaking

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Excerpt from Reuters blog -- "Whether it is Europe or the US, the welfare of citizens – indeed, the well-being of the global economy – requires much better pragmatic and adaptive policymaking." Additional coverage appeared in The Huffington Post.
Faculty News

Overseer Henry Kaufman & Profs Nouriel Roubini and Richard Sylla on where to invest

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Excerpt from CNN -- "Though the economy is healing, some long-standing bears are still bracing for Armageddon. Yet each has a different take on how to prepare for the fallout."
School News

The NYU Stern Systemic Risk Rankings are featured

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Excerpt from Seeking Alpha -- "Bank of America has continued to place #1 on NYU Stern's systemic risk rankings. I have to hand it to them. It's a tough race, but someone's got to win it and they've been in first place since I can remember."
School News

NYU Trustee & Board of Overseers Member Chandrika Tandon is featured

Excerpt from India Post -- "The weekend culminated with Grammy-nominated world music artist, Chandrika Tandon, performing a stunning sold-out benefit concert at the Stephen Sondheim Theatre."
Faculty News

Prof. Yannis Bakos's paper on the predictive value of bundling is cited

Excerpt from Bloomberg -- “It is easier for a seller to predict how a consumer will value a collection of goods than it is to value any good individually." Additional coverage appeared in The Vancouver Sun.
Faculty News

Prof. Michelle Greenwald on co-branding

Excerpt from Transworld Business -- "Brands are judged by the partners they keep. Innovative partnerships can make brands seem hipper, more modern, more distinctive, more interesting, and more noteworthy."
Faculty News

Prof. Scott Galloway says jewelry brands lack digital competence

Excerpt from JCK Online -- "Some of the [jewelry] industry's greatest icons are losing relevance as they fall further and further behind."
Faculty News

Prof. Michael Spence is cited for winning the 2001 Nobel Prize in Economics

Excerpt from Bloomberg -- "Stiglitz, along with George Akerlof and Michael Spence, won the Nobel Prize in Economics in 2001." Additional coverage appeared in Bloomberg Businessweek, Economic Policy Journal, and Forbes.
Faculty News

Prof. Nouriel Roubini on China's economy

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Excerpt from Forbes -- "A number of fund managers like Jim Chanos and economists, including Nouriel Roubini, say that China’s economy is either crash landing, or risks a crash landing within the next three years if it does not control spending on fixed investment like real estate." Additional coverage appeared in Forbes.
Faculty News

Prof. Nouriel Roubini on Russia's economic growth

Excerpt from Bloomberg Businessweek -- "Growth in Russia has been 'disappointing' since the 2008 crisis, lagging behind its emerging-market peers, Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC said in Moscow Nov. 11." Additional coverage appeared in Bloomberg.
Faculty News

Prof. Jonathan Haidt's research on the differences between liberals and conservatives is cited

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Excerpt from The New York Times blog -- "Using extensive data collected from online surveys, Haidt, Iyer and their colleagues have found that self-identified liberals and conservatives differ by very large statistical margins on questions of policy preference and political allegiance."
Faculty News

Prof. Joseph on free trade agreements

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Excerpt from CNC World -- "I think the US after a bit of a pause these last few years, is looking at Free Trade agreements again and we just recently acted on one with South Korea as well as some other countries...we're looking to expand ties in the region."
Faculty News

Profs Elizabeth Morrison & Kelly See's research on power and advice-taking is cited

Excerpt from Malta Independent Online -- "Recent research revealed that many leaders do not listen and the more powerful the leaders are, the less likely they are to take advice and more likely to be highly confident in their answers."
Faculty News

In an op-ed, Prof. Nouriel Roubini looks at the world's three largest economies

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Excerpt from The Wall Street Journal -- "The world's three largest economies can't continue along their current paths, and everybody knows it. Investors watch nervously for signs that China is headed toward a hard landing, that America will sink back into recession, and that the euro zone will simply implode." Additional coverage appeared in The Wall Street Journal.
Faculty News

In an interview, Prof. Nouriel Roubini diagnoses the euro zone's problems

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Excerpt from Reuters Video -- "My biggest worry is a series of debt restructuring and default in the Eurozone by some of the member states exiting the Eurozone and eventually a breakup of the Eurozone." Additional coverage appeared in Financial Times, Reuters, CNBC, The New York Times blog, The Huffington Post, BBC News, Forbes, Financial Times blog, and The Wall Street Journal blog.
School News

NYU Stern is cited as the 2009 winner of the Smith School's M&A competition

Excerpt from Investment Weekly News -- "The Smith School's MBA Finance Association presents the Mergers and Acquisitions Competition as its premier fall event. Targeting the nation's top MBA programs, the event's previous champions have represented ... New York University's Stern School of Business (2009) ... "
Faculty News

Prof. David Yermack's research on how Michelle Obama's fashion influences stock prices is cited

Excerpt from Sydney Morning Herald -- "Obama was dubbed the $3 billion woman after a study by New York University's Stern School of Business found a company's stock skyrocketed when she was photographed in one of its garments."
Faculty News

Prof. Nouriel Roubini on the euro zone's structural issues

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Excerpt from Project-Syndicate -- "In short, the euro zone's periphery is now subject to the paradox of thrift: increasing savings too much, too fast leads to renewed recession and makes debts even more unsustainable. And that paradox is now affecting even the core." Additional coverage appeared in Livemint, Reuters blog, TodayOnline.com, FIN24.com, Slate, BusinessDay, The New York Times, and the Financial Post.
Faculty News

Prof. Thomas Pugel on China's economy

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Excerpt from CNC World -- "Well it's been a great ten years for the Chinese economy, certainly they're continuing major growth in international trade. Looking back even further, in 1980, China's exports were less than 1% of global exports and now they're close to 10%."
School News

A talk by Venture for America founder, Andrew Yang, at NYU Stern is cited

Excerpt from MyBankTracker -- "Andrew Yang, who founded the nonprofit organization this summer, delivered the talk at NYU Stern Business School to eager young listeners like myself. He began by explaining that he became disenchanted by corporate America after a stint at a big law firm."
School News

NYU Stern's definition of price to earnings to growth ratio (PEG) is cited

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Excerpt from CNBC -- "PEG is the short name for the price to earnings to growth ratio. New York University’s Stern School of Business defines it as the ratio of market price to expected growth in earnings per share."