Faculty News

An op-ed by Prof. Eric Greenleaf on downtown Manhattan's school overcrowding

Excerpt from Downtown Express -- "The consequences for Downtown Manhattan’s post-9/11 rebirth may be devastating. Unless a sensible overcrowding solution is found soon, many families will move out of Downtown, and not just wait-listed families will leave."
Faculty News

Prof. Hal Hershfield's research shows viewing your future-self can help you save

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Excerpt from NPR All Things Considered -- "Hershfield and a group of researchers wanted to help young people vividly imagine their own old age, so they recruited college-age men and women, gave them goggles and sent them into a virtual reality laboratory where they encountered a kind of mirror."
Faculty News

Prof. Thomas Philippon is cited for his belief that financial markets can increase efficiency

Excerpt from The American Prospect -- " ... markets may well become more efficient in achieving their primary social function—raising capital for enterprises, as Professor Thomas Philippon has argued."
Student Club Events

ProMotion Pictures Program Teams Up with SUBWAY® to Create Branded Entertainment

NYU students walked the red carpet this month at the ProMotion Pictures Gala to celebrate the University’s 2011-2012 partnership with SUBWAY® and Content & Co. Through the ProMotion Pictures Program, graduate students from the Stern and Tisch Schools joined forces to produce branded entertainment as part of the Subway Fresh Artists™ Challenge. Hosted at the Tribeca Cinemas, the event featured screenings of two winning web series, produced by NYU students.
Faculty News

Nobel Laureate Prof. Michael Spence's research on US job growth is featured

Excerpt from The Economist -- "Between 1990 and 2008, the [Spence and co-author] say, value added rose most in America's tradable sectors. Virtually all of the net employment growth, by contrast, occurred in non-tradable sectors."
Faculty News

In an op-ed, Prof. Richard Sylla and co-author develop a "Fortune 500" list of companies in 1812

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Excerpt from Bloomberg -- "In 1812, all of the top five companies, and nine of the top 10, were banks. ... The finance sector made up 44 percent of the 500 largest corporations and 72 percent of all the authorized capital that year."
Faculty News

An op-ed co-authored by Prof. Marti Subrahmanyam on the "empty creditor"

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Excerpt from Financial Times -- "The recent Greek debt restructuring illustrates how the empty creditor phenomenon may lead some players to attempt to derail a debt workout highly beneficial to the entity, and to its ordinary (i.e., non CDS-holding) lenders."
Faculty News

An op-ed co-authored by Prof. Anindya Ghose on crowd-funding opportunities in India

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Excerpt from Livemint -- "Given how crowd-funding has fuelled innovation and entrepreneurship elsewhere, it’s only right that policymakers in India start to deal with crowd-funding in a serious way."
Faculty News

Prof. William Baumol's ideas on what increases wealth are highlighted

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Excerpt from Forbes -- "We’ve also had more recent economists such as William Baumol showing us that it just isn’t the invention of new things which increases wealth, it’s the use of those new things which does."
Faculty News

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

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Excerpt from New York Magazine -- "At the vanguard of this movement is Jonathan Haidt, a moral psychologist whose best-selling new book, The Righteous Mind, collects his own experiments—testing biases, prejudices, and ­preferences—and the work of like-minded colleagues to unmask much of our political 'thinking' as moral instinct papered over, post facto, with ideological rationalization."
Faculty News

Prof. Lawrence White on the outlook for coined money

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Excerpt from Fox News -- "I think there will be a time when coins will be something just for a museum. Probably not in my lifetime, perhaps in my 16-year-old son's lifetime where the electronics will get so easy, so cheap that even when you want to go to the local candy store and just by 17 cents worth of candy you use a credit card."
Faculty News

Research Scholar Robert Frank's book, "The Darwin Economy," is referenced

Excerpt from Christian Science Monitor -- " ... high heels are an example of the kind of pointless competition that Robert Frank highlights in his recent book, 'The Darwin Economy.'"
School News

In this iPad age, MBA student Zoe Feldman is highlighted for utilizing the letterpress

Excerpt from Bloomberg Businessweek -- "Zoe Feldman rents time at The Arm every few weeks to print cards ... and sells them on Etsy. ... The former Pepsi executive and MBA candidate at New York University’s Stern School of Business says she may forsake corporate life if the nascent business takes off."
Faculty News

Prof. Arun Sundararajan on the Google apps transition

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Excerpt from The Wall Street Journal blog -- "'Girouard’s leaving Google now is less serious than it would have been a couple years ago,' Sundararajan said. Girouard was such a strong presence in evangelizing Google’s cloud the last five years that CIOs of small and large businesses alike are comfortable with the platform and strategy, he added."
Faculty News

Nobel Laureate Prof. Michael Spence's research on the asymmetry of information is cited

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Excerpt from The New York Times -- " ... even when unconstrained, price movements are often insufficient to clear markets, as pointed out by George Akerlof, A. Michael Spence and Joseph Stiglitz in work that garnered them the Nobel Prize."
Faculty News

Prof. Thomas Philippon's joint research on Wall Street compensation is highlighted

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Excerpt from The New York Times Dealbook blog -- " ... it is worth reading a study by Thomas Philippon and Ariell Reshef of the National Bureau of Economic Research, which traces industry wages over the last century. Its conclusion might not surprise you: financiers, to put it plainly, were overpaid."
Faculty News

Prof. Tom Meyvis on New Balance promoting its US-produced running shoe

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Excerpt from The New York Times -- "Tom Meyvis, an associate professor of marketing at the New York University Stern School of Business, warned, however, that although running-shoe buyers might say they care where merchandise was made, 'in a concrete shopping situation, a lot of ideals don’t matter that much anymore. Features such as price and design have a bigger impact.'"
Faculty News

Prof. Roy Smith on how Ian Hannam's exit will affect JP Morgan

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Excerpt from Bloomberg -- "'As long as JPMorgan cuts its ties, it is no longer involved,” said Roy Smith ... 'Its public reputation may be affected for a while but its reputation with clients for competence, professionalism and integrity is likely to survive unchanged.'"
Faculty News

Prof. David Yermack's research on corporate jet activity is featured

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Excerpt from The Times of London -- "David Yermack, a finance professor at New York's Stern School of Business, reckons that public companies go into a kind of purdah when their bosses are on holiday. News announcements drop by 40 per cent."  Additional coverage appeared in another Times of London piece.
School News

NYU Stern to host the third annual Tribeca Disruptive Innovation Awards on 4/27

Excerpt from WeAreMovieGeeks.com -- "The Tribeca Film Festival (TFF), in association with noted Harvard Business School Professor Clay Christensen and the Disruptor Foundation, announced it will hold the third annual Tribeca Disruptive Innovation Awards, hosted by NYU Stern School of Business, on April 27. The 11th edition of TFF runs April 18 to 29."
School News

MBAs in the Stern Consulting Corps work with City Harvest to develop healthy snacks for NYC kids

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Excerpt from New York Post -- "MBA students in the Leonard N. Stern School of Business’s Consulting Corps (SCC) program have taken on City Harvest, New York City’s food rescue organization, as a client. As part of their pro-bono work and learning experience, SCC students tackle real business challenges and opportunities outside of the classroom, as well as receive mentoring from leaders at top-tier consulting firms and from faculty advisors."
Business and Policy Leader Events

2012 Haskins Cocktail Reception

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Join fellow alumni and business leaders on April 3, 2012, at The Bowery Hotel for our inaugural Haskins Cocktail Reception. This event celebrates and recognizes the contributions of our Haskins Partners, Haskins Fellows, and Young Haskins Partner Associates.
Business and Policy Leader Events

American Television Executive Jeff Zucker Speaks to MBA Students at Leadership Luncheon Series

Jeff Zucker, former president and CEO of NBC Universal, spoke to a group of MBA students through NYU Stern’s Leadership Luncheon Series, coordinated by the School’s Leadership Development Team.
Faculty News

Prof. Nouriel Roubini compares the euro zone countries to Japan

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Excerpt from Financial Times -- "'Japan had a Great Recession, and a Great Stagnation, but it never had a Great Depression,' [Roubini] says. 'But recession in some euro zone countries could become a depression, just like the 1930s.'"