Experience Stern | News & Events

Excerpt from The Huffington Post -- "'The stock price gains of the companies whose clothes she wore in public appearances are cumulative abnormal returns. That is, the returns cannot be attributed to normal market variations. The stock price gains persist days after the outfit is worn and in some cases even trend slightly higher three weeks later,' [Yermack] told Harvard Business Review."

Excerpt from New York Observer -- "Little, Brown also just signed an Occupy anthology, "The Occupy Handbook," edited by Janet Byrne and including contributions from Paul Krugman and Robin Wells, Michael Lewis, Robert Reich, Nouriel Roubini, Robert Shiller, Barbara Ehrenreich, and Bethany McLean, among others."

Excerpt from Marketplace Radio -- "This year the GOP is fielding plenty of new candidates. John Huntsman and Mitt Romney have not represented a state in Washington. But Newt Gingrich is gaining popularity. Newt is not new."

Excerpt from Marketplace -- "He'd been out of the game for 10 years. And this is a very difficult game to leave for such a long time. Very hard to just go away for 10 years and come back and assume everything is the same."

Excerpt from The Wall Street Journal -- "Stephen Brown, a finance professor at New York University, says his research shows other investors don't lose out when investors like Mr. Buffett hide their stakes from the public. 'There's no way to make money' with a 'copycat' portfolio, he says."

Excerpt from Scientific American blog -- "Meet Jonathan Haidt, a professor ... who studies morality and emotion. If social psychology was a sport, Haidt would be a Phil Mickelson or Rodger Federer – likable, fun to watch and one of the best."

Excerpt from WNYC -- "A deep recession likely will lead to another financial panic that could spread around the world — an outcome that will be 'very painful,' [Roubini] said." Additional coverage appeared in NPR and The Huffington Post.

Excerpt from Slate -- "A progressive consumption tax may be our only politically realistic hope for ending the downturn quickly and limiting the growth in consumption inequality that has made life so much more difficult for the 99 percent." Additional coverage appeared on a Washington Post blog, Boston Review, Slate blog and Princeton University Press.

Excerpt from New York Post -- "The eurozone financial system is at serious risk of collapse — which would mean calamity for the US system, too. But our government’s not prepared."

Excerpt from Associated Press -- "Sims and Sargent won the Nobel prize for research on the cause-and-effect relationship between the economy and government policy, which helps policymakers determine if governments should cut deficits or spend more to help invigorate the global economy." Additional coverage appeared in Financial Times.

Excerpt from Bloomberg -- "In the name of making Americans feel less bad about their situation now, lawmakers are proposing something that sounds good, but will actually make our financial future worse."

Excerpt from The American Prospect -- "If we want a company to produce in the U.S., let’s reward companies for doing that, for producing more value-added within the U.S. Give them better tax rates."

Excerpt from The Washington Post -- "Michael Spence, the Nobel Prize-winning economist, points out that the United States got out of the Great Depression because of the spending associated with World War II but also because during the war, it dramatically reduced its consumption and expanded investments. People spent less, saved more and bought war bonds."

Excerpt from Jing Daily -- "The functions of the China chapter are to be a thought leader in every segment of retail, consulting, and publishing so as to better serve the best customers, to better educate the best customers about what makes luxury worth the price." Additional coverage appeared in another Jing Daily piece.

Excerpt from Motley Fool -- "NYU Stern School of Business recently has come up with a global ranking of financials in regards to Systemic risk and I love this list."

Excerpt from Media Life Magazine -- "At yesterday's UBS media conference in New York Poltrack presented his forecast, which predicted that broadcast ad revenue will rise 7.3 percent in 2012." Additional coverage appeared in MediaPost.com, MediaPost, and MultiChannel.com.

Excerpt from Reuters -- "'A euro bond that was clearly backed by some kind of euro-wide fiscal authority would have the same kinds of advantages that U.S. treasury bills do now,' added Sims, who will share the 2011 Nobel prize for economics with Thomas Sargent."

Excerpt from National Review -- "I am keenly aware that I am, in Jonathan Haidt’s terms, a person who prizes in-group loyalty very highly. This has defined my personal relationships, and also, I increasingly realize, my mental model of partisanship."

Excerpt from Financial Times -- "Robert Frank ... has equated payday lending with 'handing a suicidal person a noose.'"

Excerpt from Politico -- "Hamilton’s approach provides a roadmap for Europe to rescue not just the euro, but the entire euro-area financial system." Additional coverage appeared on Politico.

Some 200 students gathered on November 30, 2011, for a panel discussion on the Occupy Wall Street movement, hosted by the Stern Government and Business Association (GBA) MBA club. The panel, moderated by Vice Dean for Graduate Education Adam Brandenburger, featured Justin Wedes, New York City general assembly organizer for Occupy Wall Street; David Paterson, former governor of New York; Andrew Serwer, managing editor of Fortune magazine; and Roy Smith, Kenneth G. Langone professor of entrepreneurship and finance. The panelists reflected on the sentiment behind the Occupy Wall Street movement and assessed the movement’s successes and challenges. A very lively floor discussion followed.

Excerpt from Financial Times -- "At NYU Stern we relish the opportunity to inspire our students to engage in “an education in possible” – a journey that equips them with the tools they need to transform the challenges of the 21st century into opportunities to create value for business and society."

Excerpt from NYConvergence -- "On Thursday, December 8 at 6:30 at the NYU Stern Business School, Ultra Light Startups will be hosting its Investor Feedback Forum and Pitch Showdown. By receiving comments and constructive criticism from panelists and the audience, startups will have the chance to perfect their investor pitch."

Excerpt from The Washington Post -- "There’s a new paper out from Bryan Bollinger of NYU’s Stern School and Kenneth Gillingham of Yale finding that, in California, solar power seems to be contagious." Additional coverage appeared in Forbes.