Faculty News

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

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Excerpt from Forbes -- "In 2000 he partnered [with] the noted economist William Baumol in Global Trade and Conflicting National Interests, a book that explodes the myth that nations always benefit from free trade. In a debate where most anti-trade arguments don’t pass even elementary tests of economic literacy, Gomory marshaled higher mathematics to confound economic orthodoxy."
School News

Executive MBA student Tim Reid discusses the customization of Stern's EMBA program

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Excerpt from Poets & Quants -- "In the NYU Stern Executive MBA program, customization is alive and kicking. In early May, we were given 39 electives to choose from to build our curriculum for the 2nd year of the program. By offering this multitude and breadth of courses, we can tailor our experience to our career goals and interests."
Faculty News

Prof. Michael Posner is interviewed about Stern's new center for human rights

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Excerpt from Financial Times -- "Prof Posner has three items on his agenda: to develop a group of well-educated business leaders who respect human rights; to advance the research agenda with rigorous analysis; and to convene the companies and individuals who decide strategy."
Faculty News

Prof. Scott Galloway discusses possible marketing strategies for hedge funds

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Excerpt from Bloomberg TV -- "The best marketers will probably invest in digital, boring things like search and email and CRM, some limited event marketing, and I would say print."
Faculty News

Prof. Scott Galloway on Microsoft's future

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Excerpt from CCTV -- "It feels like this company could be accused of chasing the shiny bright object and re-orging. And that's typically signs of a company that has kind of plateaued or declining."
Faculty News

Dean Peter Henry on Microsoft's business strategy

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Excerpt from Bloomberg TV -- "Every company has to think about not just their present but their future. And if this industry is going the way of consumers really wanting an integrated approach - hardware, software and services - then this rather large organization really needs to realign itself in order to be able to provide that kind of delivery. And that's going to require teamwork and collaboration."
Faculty News

Dean Peter Henry on recent grocery store mergers

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Excerpt from Bloomberg TV -- "On the one hand, with technology...it is the age of the consumer because there is so much information out there ... but on the other hand, it's an age of a squeezed consumer and so everyone's trying to find ways to those consumers that are really struggling with low employment."
Faculty News

Prof. Hal Hershfield on how visualizing your "future self" can help boost savings

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Excerpt from Business Insider -- "Over at New York University’s Stern School of Business, Hal Hershfield, a psychologist and marketing professor, is studying the idea of how getting acquainted with your future self can help you save more today. ... 'What our research has been showing is that if people think of their future selves as a different person altogether … then that has deep implications,' he said. 'If you can somehow boost their connectedness with that person in the future, they save more.'”
Faculty News

Prof. Michael Posner on the Bangladesh factory safety plan from US brands

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Excerpt from Los Angeles Times -- "The safety goals represent 'a collective step forward' by American retailers, said Mike Posner, a business and human rights professor at New York University’s Stern School of Business. 'But it does not make sense for there to be two competing initiatives, an American one and a European one, that run the risk of duplication and confusion at the local factory level,' he said in a statement."
Faculty News

Prof. Michael Spence was interviewed on reform in China at the Global Alumni Conference in Shanghai

Excerpt from China Economic Review -- "The country is rapidly upgrading its engines for growth, and some signs of that are already in plain sight, according to Michael Spence, a Nobel laureate in economics and a professor at New York University's Stern School of Business. Spence spoke with China Economic Review in Shanghai in late June."
Faculty News

Prof. Gavin Kilduff's research on rivalry and unethical behavior was highlighted

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Excerpt from Financial Times -- "In a paper published last year, Gavin Kilduff of NYU’s Stern School of Business, Adam Galinsky of Northwestern University, Edoardo Gallo of Oxford and James Reade from Birmingham University studied Serie A football teams in Italy. Players, they found, were more likely to commit serious fouls in 'derby' encounters between arch-rivals."
Faculty News

Prof. Matt Statler's participation in an education report by the Carnegie Foundation is highlighted

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Excerpt from The Huffington Post -- "Guillet de Monthoux is one of the leading figures of the current movement, trying to address the findings of CR II with their fellow teachers at business schools, mostly in Europe...He credits his good friend and colleague, Matt Statler, Professor at Stern School of Business, NYU, for introducing him to the report and thus the Carnegie Foundation and their researcher and one of its authors, Bill Sullivan."
Faculty News

In an op-ed, Prof. Ralph Gomory discusses US innovation and manufacturing

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Excerpt from Huffington Post -- "We are allowing much of manufacturing, the great innovation engine that turns ideas into reality, to vanish quietly from our shores. Our global corporations may be benefitting from this; most Americans are not."
Faculty News

Prof. Rosa Abrantes-Metz on the new NYSE oversight of Libor

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Excerpt from Bloomberg -- "Changing the administrator won’t address Libor’s underlying problems, such as its use of estimates and an increasing propensity of banks to leave their submissions unchanged, according to Rosa Abrantes-Metz, an economist with New York-based consulting firm Global Economics Group Inc. and a professor at New York University’s Stern School of Business."
Faculty News

Dean Peter Henry's book, "Turnaround," is reviewed

Excerpt from Financial Post -- "Henry brings a unique and pragmatic perspective to the study of international economic growth, having been raised in Jamaica before moving to the United States, where he is now Dean of New York University’s Stern School of Business."
School News

In an op-ed, overseer Henry Kaufman explains the challenges the Federal Reserve faces

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Excerpt from Financial Times -- "Assuming Ben Bernanke leaves his post this year, his successor will inherit a serious policy challenge: disengaging from quantitative easing. Returning to more traditional monetary policy will be tricky. First, there is no precedent in the Fed’s 100-year history. Has there ever been a period in which the US central bank and its leading counterparts worldwide have simultaneously pursued QE against a backdrop of economic faltering and uncoordinated fiscal policies?"
Faculty News

Prof. Scott Galloway on the importance of technology for retailers

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Excerpt from Bloomberg TV -- "All the research shows that, effectively, once you get a consumer to buy from more than one channel - get someone to buy from the side in addition to the store or from a catalog, they immediately begin purchasing more."
Faculty News

Prof. Bruce Tuckman is interviewed about AIG

Excerpt from ZDF -- (Translated from German using Google Translate) "In the financial crisis of 2008, the U.S. insurance group AIG was rescued with $ 182 billion of taxpayer money before the collapse. The company is trying a new beginning."
Faculty News

In an op-ed, Research Scholar Sarah Labowitz explains why companies should protect user data

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Excerpt from San Francisco Chronicle -- "Recent advocacy by several major tech companies for government disclosure is in the public interest, and Americans should support their push for greater transparency."
Faculty News

Prof. Luis Cabral on austerity in Portugal

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Excerpt from The New York Times -- "Even though this week’s upheaval in Lisbon can be seen as 'a victory for the anti-austerity camp,' said Luis Cabral, a Portuguese economist who teaches at New York University, he suggested that the European policy debate would continue, as countries like France that have sought to steer away from drastic spending cuts fail to demonstrate that they have the capacity for the kind of government spending — what Mr. Cabral called 'a Keynesian magic wand' — that will solve Europe’s economic problems."
Faculty News

Prof. Aswath Damodaran's research on stocks and transparency is highlighted

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Excerpt from LiveMint -- "Aswath Damodaran of the Stern School of Business, in his paper titled The Value of Transparency and the Cost of Complexity, argues investors give a higher discount to a complex business model over a simpler one."
Faculty News

Prof. Arun Sundararajan is interviewed about the sharing economy

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Excerpt from NPR -- "It may have started out as something that was on the fringes, but the sharing economy is definitely going mainstream."
Faculty News

In an op-ed, Prof. Viral Acharya explains the impact of long-term low interest rates

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Excerpt from VoxEU -- "Many central banks have recently employed unprecedented expansionary monetary policy, keeping interest rates at near-zero levels for an extended period of time since the crisis of 2007-08. Quantitative easing interventions have been employed to affect asset prices directly, most notably in government-bond and mortgage markets, in order to keep sovereign and mortgage borrowing costs low. These interventions may have the beneficial aspect of generating wealth transfers to borrowers, notably banks and households with negative home equities. But they may also be stoking asset-price inflation, often in unexpected fashion, by inducing a ‘search for yield’ among savers and intermediaries who manage their savings."
Faculty News

Prof. JP Eggers on the opposing plans for Dell's future

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Excerpt from Bloomberg TV -- "These are huge polar opposite deals. Michael Dell wants to completely scrap the existing business and recreate the entire company from the ground up and Icahn wants to basically just milk the existing core PC business down to the last drop and they're so different and so distinct that the money kind of balancing becomes the big issue."
Faculty News

Professor Edward Altman's Z-Score research is highlighted

Excerpt from NASDAQ -- "Altman's Z-Score gives one simple number that tells you how a retailer is faring. Any reading above 3.0 implies good health in terms of balance sheet strength and profit results."