School News

Stern's undergraduate program is highlighted for incorporating liberal arts & business education

Excerpt from Bangor Daily News -- "The report points to model programs including NYU’s Stern School’s four-course liberal arts sequences and its capstone course on Professional Responsibility and Leadership, a case-based approach that exposes students to the three modes of liberal education: analytical thinking to move from the particular to the generalizable, multiple framing to see things in different contexts, and self-reflection to explore meaning, values and commitment."
Faculty News

Data compiled by Prof. Aswath Damodaran on the effective tax rates for US companies is cited

Excerpt from MediaMatters.org -- "According to data compiled by Aswath Damodaran of NYU, the oil and gas distribution industry paid an effective U.S. income tax rate of 15 percent last year; the petroleum producing sector paid 8.5 percent; integrated petroleum companies paid 27 percent; oilfield services and equipment companies paid 16.5 percent; and the natural gas sector paid 15 percent."
Faculty News

Nobel Laureate Prof. Michael Spence on boosting per-capita income

Excerpt from ICIS -- "It takes 50 consecutive years of 7% annual growth for a country to boost per capita income from $500 to $20,000, says Nobel Prize-winning economist Michael Spence."
Faculty News

Nobel Laureate Prof. Michael Spence is cited as a member of the NBI’s 21st Century Council

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Excerpt from Xinhua -- "As G20 emerged as the most important inter-government global forum addressing international governance, the NBI established the 21st Century Council grouping elder statesmen and women like ex British Prime Minister Gordon Brown, Nobel Laureates like Michael Spence ... "  Additional coverage appeared in Shanghai Daily.
Faculty News

Prof. Roy Smith on "Big Bang," the opening of computerized trading in the London Stock Exchange

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Excerpt from Reuters -- "Big Bang was clearly the origin of the universe of the modern stock market and all financial transactions in Europe since then."  Additional coverage appeared on CNBC, Portfolio.com and FOX Business.
School News

MBA Student Courtney Reagan on the art of negotiation

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Excerpt from the NBC Today Show -- "If you think about it, most people negotiate or bargain in some aspect of every day life. I mean, whether it's buying a house you negotiate the terms and the price or even calling your cable operator seeing if you can squeak out a couple extra channels for paying that same fee. ... being a better negotiator will help you get that better deal every time without compromising too much."
School News

MBA Student Alex Brousseau on NYU Stern's upcoming Luxury & Retail Conference on 10/28

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Excerpt from Luxury Daily -- “We’re trying to get at this idea of how technology and globalization connectivity has changed the shopping experience and looking at that from a number of lenses whether that is straightforward ecommerce, social or mobile, but also angles such as sustainability and changeable markets."
School News

NYU Stern undergraduate students on the on-campus recruiting process

Excerpt from NYU Local -- “'It’s an exciting and nerve wrecking at the same time,' said a Stern finance junior. 'I mean, I think I have a pretty strong resume and I have an incredible and well-paid internship at a hedge fund right now, and I’ve interned prior to this and have a good GPA, but you never know if it’s enough.'"
Faculty News

Prof. Nouriel Roubini on the euro zone's plan to solve its debt crisis

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Excerpt from The Wall Street Journal -- "The recession is already ongoing in the euro zone. People are going to say it's good financial engineering, but unless you have economic growth there is going to be a train wreck."  Additional coverage appeared on Bloomberg, Bloomberg Businessweek, two Reuters pieces and The Huffington Post.
Faculty News

A paper by Prof. Paul Romer on the state of growth economics is cited

Excerpt from The American -- "A 2009 paper by Stanford economists Paul Romer and Charles Jones summarized the state of growth economics. Two of the levers for growth policy (a meme worth replicating) are market scale and human capital."
Faculty News

Findings from a growth commission, headed by Nobel Laureate Prof. Michael Spence, are cited

Excerpt from Business Recorder -- "The Growth Commission headed by Michael Spence showed that post-World War-II period, there were 13 countries that sustained above 7 percent growth rate across two decade or more which in turn brought down poverty."
Faculty News

An interview with Prof. Lawrence White on the European Union's ongoing debt crisis

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Excerpt from Xinhua/CNC World News -- "First, there is disagreements over who is going to bear the losses. There's going to be some losses. Greece cannot fully repay its debts. So then the question is: Who is going to bear the losses?"
Faculty News

Prof. Arun Sundararajan on how Netflix can win back customers

Excerpt from New York Daily News -- "Netflix needs to get into damage control mode, perhaps by offering back the old pricing plans, maybe even discounting it."
Faculty News

Prof. Baruch Lev's research on investor relations from his new book, is highlighted

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Excerpt from Reuters -- "Investors, at least in conference calls, are less interested in these big movements from managers. They want managers to focus on the specifics of the business."  Additional coverage appeared on MoneyControl.com, NewsDaily.com, Real Clear Markets, Yahoo! Finance, CNBC, Portfolio.com and Zimbio.
Faculty News

In an op-ed, Prof. Amity Shlaes says to cut capital-gains taxes to create jobs

Excerpt from Bloomberg -- " ... sparing the rich from paying taxes creates jobs. This is especially true for the capital-gains tax, the levy that defines the rentier class that the protesters resent." Additional coverage appeared in Bloomberg Businessweek, iStockAnalyst and San Francisco Chronicle.
Faculty News

Profs Anindya Ghose & Panagiotis Ipeirotis's research on the value of customer reviews is featured

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Excerpt from Knowledge@Wharton -- "We have shown how textual data can be used to learn consumers' relative preferences for different product features and also how text can be used for predictive modeling of future changes in sales."
Faculty News

Prof. Lawrence White on housing finance reform

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Excerpt from a Reuters blog -- “Allowing underwater homeowners to refinance is really the definition of no-brainer." Additional coverage appeared in Ethiopian Review.
Faculty News

An op-ed by Profs Viral Acharya & Matthew Richardson on the Dodd-Frank legislation

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Excerpt from VoxEU -- "There are two especially worrying outcomes of the Dodd-Frank Act and its implementation. One concerns the ex ante rather than ex post charges for systemic risk. The second concerns the calculation of capital charges for systemically important financial institutions." Additional coverage appeared on MoneyScience.com.
School News

Prof. Scott Galloway & MBA Student Linz Shelton on boosting your Klout score

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Excerpt from The Wall Street Journal video -- "Often the brands would compliment us - they'd say 'Oh Linz, I love your Theory jacket.' Well if Theory is complimenting me, pretty soon my Klout score is rising because I'm engaging with other high-Klout - in this case - brands," said Linz.  Additional coverage appeared on a Wall Street Journal blog.
School News

Profs Jeffrey Carr & Cynthia Franklin on starting a new business

Excerpt from GeNYU -- “'It’s much cheaper and much quicker for entrepreneurs in this generation to have an idea and get it to market, test it, fit it, revise it and get it back to market,' [Franklin] says. ... 'You have the Dennis Crowleys, you have the Zuckerbergs, you’ve got enough evidence that kids are starting business that can be incredibly successful,'” said Professor Carr.
Faculty News

Prof. Nouriel Roubini is highlighted as a member of a Berggruen Institute council

Excerpt from Bloomberg -- "In early September, the institute assembled a group called the Council for the Future of Europe. It includes former government leaders Gerhard Schroeder of Germany and Felipe Gonzalez of Spain, former European Commission President Jacques Delors, as well as economists Nouriel Roubini ... " Additional coverage appeared in Bloomberg Businessweek.
Faculty News

Profs Elizabeth Morrison and Kelly See's joint research on power and advice is cited

Excerpt from LehighValleyLive.com -- "While attaining her Ph.D. at New York University, Rothman and colleagues Elizabeth Morrison (NYU), Kelly See (NYU), and Jack Soll (Duke University) joined forces to develop research regarding power, confidence and the likelihood of one in power to seek advice."
Faculty News

Prof. Lawrence White on credit rating agencies

Excerpt from Insurance News Net -- "The only thing that would allow SEC to strip you of (NRSRO status) would be a malfeasance in the filing, not incompetency in the rating."
Faculty News

Prof. Jonathan Haidt on decision-making in behavioral finance

Excerpt from Financial-Planning.com -- "In behavioral finance, decision-making usually comes down to getting an investor’s rational functions to override impulsive behavior and steer the investor toward better decisions ... Jonathan Haidt ... James called it “the elephant and rider dynamic."
Faculty News

Prof. Nouriel Roubini on China's economy

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Excerpt from FOX Business -- " ... economist Nouriel Roubini ... said that China faces the risk of a hard landing in coming years as the world economy slows."  Additional coverage appeared on a Financial Times blog, Reuters Africa and Livemint.