Faculty News

Prof. Samuel Craig on the options for online TV content providers

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Excerpt from Marketplace -- "If you sell more ad time you increase the clutter, it becomes less desirable as a watching experience place for consumers. So you're ultimately between a rock and a hard place."
School News

Executive MBA student Robert Amler on the financial state of the healthcare industry

Excerpt from Westchester Magazine -- "More and more physicians are captive in practices that are now owned or operated by the hospital in which they work. Let’s face it: Their professional responsibility may be to the patient, but their responsibility as employees is to their employer."
Faculty News

Executive-in-Residence Sheila Wellington on the role of a CEO's executive assistant

Excerpt from Chief Executive Magazine -- "'Anything that can be delegated so that the executive assistant can focus on the CEO's needs saves the CEO time,' says Sheila W. Wellington, clinical professor of management and organizations at New York University's Stern School of Business."
Faculty News

Professor Arun Sundararajan's research on India's UID and entrepreneurial activity

Excerpt from Innovation News Daily -- "'There are going to be much more reliable ways of people keeping track of and demonstrating human capital in ways that I haven't seen in any other country,' Sundararajan told InnovationNewsDaily."
School News

Assistant Dean Pamela Mittman on job opportunities for MBA grads

Excerpt from Econoplay -- "' ... we saw an increase in activity in the media/entertainment/technology sectors, and luxury retail – which tracks with our educational offerings in these areas,' Mittman said. 'We anticipate our graduation employment report to show a smoothing out in the balance of industries as a result.'"
Faculty News

Dean Geeta Menon on an anti-childhood obesity ad campaign

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Excerpt from The New York Times -- "Geeta Menon, a professor of marketing and dean of the undergraduate college at the Stern School of Business at New York University, said she liked the ads’ suggestion of 'tactical things people can do to be healthier.'"
Faculty News

Nobel Laureate Prof. Robert Engle suggests higher US inflation rates

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Excerpt from Bloomberg -- “A little bit of inflation would do a whole lot of good for the U.S. economy, would certainly do a lot of good for the housing market.”
Faculty News

Nobel Laureate Prof. Robert Engle on bank regulation

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Excerpt from Bloomberg -- "I think one of the real dilemmas in bank regulation is that so much of it's based on accounting numbers. And the accounting numbers don't typically reflect market values and the forward-looking views of financial investors."
Faculty News

Prof. Tulin Erdem observes changes in classic advertising agencies

Excerpt from CRM Magazine -- "'Everything is about the integration across different communication channels, and many classic advertising agencies now offer consulting or creative services in all domains,' Erdem observes."
Faculty News

Prof. Paul Romer is featured for his idea to create charter cities in developing countries

Excerpt from Development Asia Magazine -- "'Instead of focusing on poor nations and how to change their rules, we should focus on poor people and how they can move somewhere with better rules,' [Romer] wrote in 2009. 'One way to do this is with dozens, perhaps hundreds, of new 'charter cities,' where developed countries frame the rules and hundreds of millions of poor families could become residents.'"
Faculty News

A course taught by Prof. William Baumol on economic theory is highlighted

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Excerpt from The Atlantic -- "Thanks to Professor Baumol's friendly but demanding tutelage, I gained a quiet confidence that was (is) a gift of incredible value. An impersonal educational setting, or studying with a much less gifted teacher, would not have permitted that kind of learning."
Faculty News

Prof. Thomas Philippon's Eurobills proposal is featured

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Excerpt from Bloomberg -- "The Eurobills proposal put forward by Christian Hellwig, a professor at Toulouse School of Economics, and Thomas Philippon, an associate professor of finance at New York University’s Leonard N. Stern School of Business, calls for a European debt management office as the monopoly seller of euro-denominated bills."
Faculty News

Prof. Jonathan Haidt's book, "The Righteous Mind," is highlighted

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Excerpt from Financial Times -- "In 'The Righteous Mind,' [Haidt] draws primarily on his own pioneering work in social psychology to explain how morality “binds and blinds”. His book, which is already creating waves among the political classes on both sides of the Atlantic, employs a striking series of metaphors."
Research Center Events

Global Experts Convene for NYU Stern’s Volatility Institute Conference 2012

Leading academics and practitioners gathered for a conference on “Comovement of Volatilities, Returns and Tails,” this spring, organized by Stern’s Volatility Institute, led by Nobel Laureate and Professor Robert Engle.
Faculty News

Prof. Adam Alter's co-authored research on exceptional expenses is referenced

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Excerpt from The Wall Street Journal -- "'The Exception Is the Rule: Underestimating and Overspending on Exceptional Expenses,' Abigail B. Sussman and Adam L. Alter, Journal of Consumer Research (forthcoming)."
Faculty News

Prof. Panos Ipeirotis on how cloud computing can backfire

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Excerpt from WIRED -- "As the world moves more and more information to cloud services from the likes of Amazon and Google, these services don’t always interact as effectively as they should. Amazon Web Services can save you money, but Ipeirotis’ tale also shows that there are cases where the cloud can backfire."
Business and Policy Leader Events

NYU Stern Hosts the 2012 Tribeca Disruptive Innovation Awards

The third annual Tribeca Disruptive Innovation Awards, hosted at NYU Stern, honored several leading disruptive innovators who have impacted the worlds of business, technology, arts and entertainment. Founder of Twitter and Square Jack Dorsey and Room to Read founder John Wood received the Lifetime Achievement awards. Other honorees ranged from pop star Justin Bieber and Rick Rubin, who founded Def Jam Records in his NYU dorm room, to Steven A. Curley for his advances in cancer treatments and Dr. Patricia Bath, the first person to demonstrate Laserphaco cataract surgery.
Faculty News

Professor Nicholas Economides on the antitrust allegations against Google

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Excerpt from Forbes -- "'The big problem in the high-tech industry is companies can very quickly go from a small market share to high market share, and the culture doesn’t change so quickly,' Economides said. 'They did the same things when they were at 15% market share, and suddenly they’re at 60% and they’re in trouble.'"
School News

The Tribeca Disruptive Innovation Awards, held at NYU Stern on April 27, are featured

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Excerpt from The Huffington Post -- "The Tribeca Film Festival, in association with Harvard Professor Clayton Christensen and the Disruptor Foundation, honored 18-year-old Bieber, along with his manager Scooter Braun, were honored [SIC] for breaking the music industry mold. Bieber, wearing his favorite varsity jacket, was on hand at New York University's Stern School of Business to accept his award."
Faculty News

Prof. Nouriel Roubini on US consumption vs. income

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Excerpt from The New Yorker -- “For how long can consumption grow much faster than income and households run down their savings as income growth in Q1 was very mediocre?”
Faculty News

In a co-authored paper, Prof. Viral Acharya calls for a Repo Resolution Authority

Excerpt from Dow Jones -- "Acharya has his doubts that the FDIC has the expertise to resolve a financial institution with significant exposure to the shadow banking system. 'At the midnight hour, we call the FDIC, but these institutions are more complex than the FDIC can handle,' Acharya said."
Faculty News

"A History of Interest Rates," co-authored by Prof. Richard Sylla, is cited

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Excerpt from Bloomberg -- "Looking back two centuries to the presidential administration of Madison, who was first elected in 1808, long- term municipal yields have averaged 4.65 percent, according to Kozlik. He used data from 'A History of Interest Rates' by Sidney Homer and Richard Sylla for his calculation."
Faculty News

An op-ed by Prof. Jeffrey Wurgler on the consequences of index-linked investing

Excerpt from Index Universe -- "Not only are index fund owners experiencing extra risk in the form of low-frequency detachment; index-based trading creates more risk at higher frequency."
Student Club Events

NYU Stern’s AHBBS and NYU Wagner’s BSA Co-host Author Maggie Anderson

On April 26, NYU Stern’s Association of Hispanic and Black Business Students (AHBBS) and NYU Wagner’s Black Student Alliance (BSA) co-hosted Maggie Anderson, author of "Our Black Year: One Family's Quest to Buy Black in America's Racially Divided Economy" (published by PublicAffairs, February 2012).
Faculty News

Prof. Adam Alter's co-authored research on how people think about "exceptional expenses" is featured

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Excerpt from The Wall Street Journal blog -- "Abigail B. Sussman, a doctoral candidate at Princeton, and Adam L. Alter, an assistant professor of marketing at New York University’s business school, conducted several experiments to explore how people think about 'unusual and infrequent' expenditures."