Faculty News

Prof. Claudine Gartenberg's research on credit cards is featured

The New York Times Logo
Excerpt from The New York Times -- "So making the recommended 36-month [credit card] payment wouldn’t get the customer out of debt in three years, even if the customer makes no new purchases, [Gartenberg] said. In fact, it’s likely to take much longer."
Faculty News

Prof. Gian Luca Clementi on comparing GDPs across countries

Forbes logo
Excerpt from Forbes -- "'The numbers must be taken with a grain of salt.' That’s because there are a host of issues that can make any GDP comparisons misleading, including how the quality of goods varies from country to country, he explains."
Faculty News

Prof. Arun Sundararajan on Hewlett Packard

BBC News logo
Excerpt from BBC -- "HP is one of those iconic American companies. It still has a really strong brand, it's one of those quintessential Silicon Valley startups from a garage. It's been around for over 70 years, so there's a lot of history there."
Faculty News

Prof. Thomas Philippon on the the financial sector's costs to society

The New York Times Logo
Excerpt from The New York Times -- "Professor Thomas Philippon of New York University has found that the financial sector’s costs to society have risen, not fallen, in recent decades."
Faculty News

Prof. Samuel Craig on companies profiting from dead celebrities

Excerpt from Bloomberg Businessweek -- "Rule No. 1, however, is never, ever price gouge. 'You don’t want to be viewed as taking advantage of a tragic situation,' Craig says."
Faculty News

Prof. William Silber on the Volcker Rule

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "'The longer you hold [a security], the greater the probability that what you are doing is speculation,' argues William Silber, a former trader who teaches finance at the Stern School of Business of New York University and has written a soon-to-be-published biography of Mr. Volcker."
Faculty News

Faculty News

An op-ed by Prof. Jonathan Haidt on how democrats can get moral psychology to work in their favor

The New York Times Logo
Excerpt from The New York Times -- "If the Democrats really want to get moral psychology working for them, I suggest that they focus less on distributive fairness — which is about whether everyone got what they deserved — and more on procedural fairness — which is about whether honest, open and impartial procedures were used to decide who got what."
Faculty News

Prof. Samuel Craig on how young people and older generations differ in their use of technology

Excerpt from Variety -- "There are significant differences in how youngsters and their elders use technology. For example, young people 'don't have landlines; they have cell phones,' observes Sam Craig, director of the Entertainment, Media and Technology Program at NYU's Stern School of Business."
Faculty News

Prof. Jeffrey Wurgler is highlighted for his research on index funds

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "The rise of trading in index funds, these researchers say, is causing stocks to move more tightly together than ever before—as if they 'have joined a new school of fish,' as Prof. Wurgler puts it."
Faculty News

"Guaranteed to Fail" by NYU Stern Faculty is named a Top Business Book

Bloomberg logo
Excerpt from Bloomberg -- "'Guaranteed to Fail' by Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh and Lawrence J. White (Princeton). Four professors at New York University’s Stern School of Business explain how Fannie Mae (FNMA) and Freddie Mac got so big and why we must fix them."
Faculty News

Prof. Adam Alter's research finds having an easy-to-pronounce name can help you succeed

MSNBC logo
Excerpt from MSNBC -- “'People tend to feel more positive about things that are easy to process mentally, and with work colleagues that means better relationships,' said Ad­am L. Al­ter, an assistant professor of marketing at New York University’s Stern School of Business."
Faculty News

Prof. Lawrence White on credit rating downgrades

Excerpt from Bloomberg Businessweek -- "'The difference between AAA and AA+ is comparatively small, but B and B- would be bigger.' Downgrades are particularly costly for banks, White says, because they borrow much more frequently than non-financial corporations."
Faculty News

An op-ed by Nobel Laureate Prof. Michael Spence on changing the growth model

Project Syndicate logo
Excerpt from Project Syndicate -- "The alternative is to change the growth model in order to lighten the impact of higher levels of economic activity on natural resources and the environment."
Faculty News

Nobel Laureate Prof. Michael Spence on the US political system

The New York Times Logo
Excerpt from The New York Times -- "As the Nobel-winning economist A. Michael Spence has put it, America has gone from 'one propertied man, one vote; to one man, one vote; to one person, one vote; trending to one dollar, one vote.'"
Faculty News

In an op-ed, Prof. Nouriel Roubini identifies four downside risks likely to materialize this year

Project Syndicate logo
Excerpt from Project Syndicate -- "At least four downside risks are likely to materialize this year, undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets."
Faculty News

Prof. Lawrence White on large companies holding onto cash

Nightly Business Report logo
Excerpt from PBS Nightly Business Report -- "It's clearly not a very high productivity use of your resources. And so it's a wasting asset."
Student Club Events

2012 Stern Women in Business (SWIB) Conference: Leading with Purpose, Making an Impact

As Arianna Huffington took the stage to address the more than 300 women in attendance at Stern Women in Business 20th Anniversary Conference on the afternoon of February 3, the excitement among the crowd was tangible. She did not disappoint, candidly sharing with the audience her personal recipes for successful leadership while frequently drawing laughter from the sell-out crowd...
Faculty News

Prof. Stephen Brown is featured for his research on operational risk in the hedge fund space

Excerpt from Opalesque -- "When we control for the affordability of due diligence, we find that funds that can afford to do the due diligence do better than funds that cannot afford to do the due diligence. And it accounts for most of the gains that we have seen to scale in funds of funds."
Faculty News

Prof. Nouriel Roubini on the state of the Mexican economy

BBC News logo
Excerpt from BBC -- "Dr. Roubini made an important observation about the state of the Mexican economy. Compared to many major economies around the world - particularly its powerful neighbour to the north - Mexico is performing well."
Faculty News

Prof. Paul Romer is highlighted for his question on the power of knowledge

Excerpt from WA Today -- "Suppose all the world's stock of structures and equipment remained, Romer mused, but our knowledge of how to create them was wiped out. Then imagine a scenario B, in which all our structures and equipment were wiped out, yet our knowledge of how to build them remained. In the long term, which scenario would leave us better off?"
School News

In an interview, Dean Peter Henry urges MBAs to transform challenges into opportunities

CNBC logo
Excerpt from CNBC -- "We teach our students to think about how to transform challenges and opportunities to create value. And that perspective, I think, is a perspective that companies are particularly liking at the moment."
Faculty News

Prof. Edward Altman's Z-Score is referenced as a tool for assessing a company's financial health

TheStreet logo
Excerpt from TheStreet.com -- "The Altman Z-Score measures several aspects of a company's financial health to forecast the probability of it going bankrupt in the coming year."
Faculty News

Prof. Jonathan Haidt is featured for his research on morality and politics

Excerpt from OnLineOpinion.com -- "After conducting international survey research on morality Haidt has found that conservatives tend to use five moral registers to think through problems whereas liberals (or progressives) tend to use only two."
Faculty News

Nobel Laureate Prof. Michael Spence on addressing the US employment issues

Excerpt from PRWeb -- "To fully address unemployment and income-distribution issues, the U.S. needs more effective investment in skills, education, infrastructure and technology."