Faculty News

Prof. Arun Sundararajan on vocational training in India

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Excerpt from Knowledge@Wharton -- “We have embarked on an ambitious project to train 500 million people and the National Skills Development Corporation has been set up to follow this mandate. It is, of course, essential to maintain the present rate of growth in the Indian economy. But adequate resource generation holds the key.”
School News

NYU Stern's Charity Ball is featured

Excerpt from MBA Mission -- "Each fall, the student government association at New York University’s (NYU’s) Stern School of Business, known as Stern Student Corporation, or SCorp, hosts the Charity Ball, a night of dinner, drinks and dancing to benefit a New York City–area charity (the charity recipient changes each year)."
Faculty News

Executive Board Member and Prof. Richard Bernstein on Greek debt

CNBC logo
Excerpt from CNBC -- "Richard Bernstein, CEO of Richard Bernstein Capital Markets, said the market has mostly factored in a Greek deal, but not entirely and there could be some upside."
Faculty News

Prof. Edward Altman's Z-Score is applied to coal stocks

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Excerpt from TheStreet.com -- "Coal stocks are at significant balance sheet risk based on the Altman Z bankruptcy risk ratio, which was invented by New York University professor Edward Altman in 1968."
Faculty News

Research by Prof. Adam Alter finds people with easy-to-pronounce names are favored

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Excerpt from International Business Times -- "Dr Simon Laham at the University of Melbourne and Dr Adam Alter at New York University Stern School of Business, analysed how the pronunciation of names can influence impression formation and decision-making." Additional coverage appeared in Asian Scientist Magazine, Times of India, TopNews, The Herald Sun, Adelaidenow.com.au and News.com.au.
School News

NYU Trustee and Prof. Maria Bartiromo's class, “Global Markets and Normative Frameworks," is cited

Excerpt from NYU Local -- "Dealbreaker reported in September of 2010 that [Bartiromo] taught a Stern class that fall that was filled up within ten minutes, titled 'Global Markets and Normative Frameworks.'"
Faculty News

Prof. Lawrence White on the role of credit rating agencies

Excerpt from The Kojo Nnamdi Show -- "Do the coveted triple AAA ratings issued by Standard & Poor’s, Fitch and Moody’s really represent the gold standard of creditworthiness? As countries struggle with massive debt, these 'seals of approval' are being retracted, prompting calls for reform around the globe."
Faculty News

An op-ed by Prof. Amity Shlaes on Clint Eastwood's Super Bowl ad for Chrysler

Excerpt from Bloomberg -- "What’s wrong with the auto industry is not that it failed to create jobs. What’s wrong is that it emphasizes jobs over general growth itself." Additional coverage appeared in San Francisco Chronicle.
Faculty News

Prof. Sinan Aral's research on creating viral marketing campaigns is cited

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Excerpt from MIT Sloan Management Review -- "Recommendations from friends are effective at creating viral campaigns. But research by Sinan Aral and Dylan Walker shows that automated messages are surprisingly effective, too."
Faculty News

Prof. Jonathan Haidt's book, "The Happiness Hypothesis," is cited

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Excerpt from Harvard Business Review blog -- "Do everything you can to initiate contact or prepare for interviews, but don't get overly committed. You'll do better in meetings. ... (For a fuller discussion, I recommend The Happiness Hypothesis by Jonathan Haidt.)" Additional coverage appeared in St. Louis Beacon and InsideVandy.com.
Faculty News

Prof. Nouriel Roubini sees equities as a positive investment right now

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Excerpt from The Wall Street Journal blog -- "Roubini reportedly believes the recent action by the Fed and ECB will continue to make equities an attractive investment over the next few months." Additional coverage appeared in CNBC and another Wall Street Journal blog piece.
Faculty News

Profs Emiliano Pagnotta and Thomas Philippon's paper on trading speed is featured

Excerpt from Hedgeweek -- "The basic premise of the paper is that everything else constant, trading speed is desirable for everyone: all investors are happier if they can execute trades faster. Demand, however, is heterogeneous."
Faculty News

Prof. Baruch Lev's book, "Winning Investors Over," is featured

Excerpt from Professional Manager -- A highly readable book, "Winning Investors Over" is packed full of first-class ideas and supported by research on how top managers should deal with their investors.
Faculty News

Prof. David Poltrack on targeting TV commercials based on age

Excerpt from Big Hollywood -- “There is no link, none, between the age of the specified demographic delivery of the campaign and the sales generated by that campaign.”
Faculty News

A seminar on the US and European bank recovery plans, featuring Prof. Viral Acharya, is highlighted

Excerpt from International Finance Law Review -- "IFLR, Morrison & Foerster and the NYU Stern School of Business recorded a free web seminar on February 1 looking at the differences between European and US bank recovery and resolution plans."
Faculty News

Prof. Jonathan Haidt's book, "The Happiness Hypothesis," is cited

Forbes logo
Excerpt from Forbes -- " ... books I originally found in the self-help section and consider among the best on my bookshelf: 'Stumbling on Happiness' by Dan Gilbert; 'The Happiness Hypothesis' by Jonathan Haidt; and 'Flow' by Mihaly Csikszentmihalyi."
Faculty News

An op-ed by Prof. Evan Shapiro on TV remakes

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Excerpt from The Huffington Post -- "I claim that TV Remakes are bad juju, because I have done the research, and it is simply, conclusively, unquestionably, factually true."
Faculty News

Prof. William Baumol's theory, Cost Disease, is applied to the healthcare industry

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Excerpt from The Guardian -- "While some industries might be able to do things more efficiently through management being freed to downsize and respond to market incentives, healthcare is different. This effect is known as Baumol's cost disease, after the New York University economist William Baumol."
Press Releases

New Study Reveals People with Easy-to-Pronounce Names are Favored at Work

Having a simple, easy-to-pronounce name is more likely to win you friends and favor in the workplace, a study by Dr Simon Laham at the University of Melbourne and Dr Adam Alter at New York University Stern School of Business, has found.
Faculty News

Prof. Aswath Damodaran on Mark Zuckerberg's management of Facebook

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Excerpt from The Wall Street Journal -- “You’re buying [Mr. Zuckerberg’s] stewardship for as long as he chooses to run the company, and that might be too long. To justify the price, you have to assume the management will always be managed to perfection."
School News

NYU Stern is highlighted for incorporating entrepreneurship into its MBA curriculum

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Excerpt from Financial Times -- "Against a backdrop of turbulent global markets, unemployment at more than 8 per cent and anxiety surrounding US economic growth prospects, the recent government jobs push has given renewed vigour to business schools, from Stanford on the west coast to NYU Stern on the east, which have all tried to incorporate entrepreneurship into their syllabuses."
Faculty News

Prof. Paul Romer on people moving out of poverty in China

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Excerpt from CNN blog -- "Since 1979 about 600 million people – or 10% of the entire population of the planet – have escaped poverty in China, according to the World Bank, a feat more successful 'than all the aid programs we have seen throughout the world,' as Stanford economist Paul Romer put it."
Faculty News

Prof. Richard Sylla on the history of US interest rates

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Excerpt from The Wall Street Journal -- "The US last faced a prolonged period of low rates in the 1940s and early 1950s, when the Treasury Department ordered the Fed to keep rates low so it would be easier to repay World War II borrowing, says New York University economic historian Richard Sylla."
School News

Assistant Dean Isser Gallogly on the "personal expression" question in NYU Stern's MBA application

Excerpt from Bloomberg Businessweek -- “Applicants often feel as though their profile is typical. They worry how they’re going to stand out, and questions like this help them set themselves apart.”
Faculty News

Prof. Nouriel Roubini's stock market predictions are referenced

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Excerpt from The Huffington Post -- "The Dow Jones Industrial Average on Friday ended at its highest level since May 2008, back when the Global Financial Crisis was still just a twinkle in Nouriel Roubini's eye."