Faculty News

Prof. Jonathan Haidt on the liberal bias in social psychology

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "Haidt also pointed to the extreme underrepresentation of conservatives in social psychology. When he surveyed the 1,000 colleagues who attended his talk, 80 to 90 percent identified themselves as liberals. Only three people said they were conservatives."
Faculty News

Prof. Christina Fang's research on the accuracy of economic forecasts is highlighted

Excerpt from The Sunday Times -- "Denrell and Fang found the 'analyst with the largest number as well as the highest proportion of accurate and extreme forecasts, had, by far, the worst forecasting record.'"
Faculty News

Prof. Aswath Damodaran on the Tobin tax

Excerpt from Elmundo.es -- "Aswath Damodaran, a finance professor at the Stern School of Business at New York University, believes that it is not so easy and gives four reasons. First, because there is a basic inconsistency in the reasoning of the critics. What is the purpose of taxing financial transactions? Does it increase revenue or to punish the 'evil' speculators (Spanish to English translation)?"
Faculty News

Prof. Jonathan Haidt is featured for his work on the psychology behind politics

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "By laying out the science of morality—how it binds people into 'groupish righteousness' and blinds them to their own biases—[Haidt] hopes to drain some vitriol from public debate and enable conversations across ideological divides."
Faculty News

Prof. Ingo Walter on the credit ratings industry

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Excerpt from Crain's New York Business -- “This industry is almost winner-take-all. The global investor base uses them regularly, so it's very hard to not use them if you're a company.”
Faculty News

Prof. Nouriel Roubini on the euro zone

Reuters logo
Excerpt from Reuters -- "'The euro zone is a slow-motion train wreck,' said economist Nouriel Roubini, nicknamed Dr Doom after he predicted the U.S. subprime crisis." Additional coverage appeared in The Telegraph, Financial Times blog, Bloomberg and Bloomberg Businessweek.
Faculty News

Prof. Viral Acharya's research on private equity's returns is referenced

Excerpt from The Economist -- "Higher debt has accounted for as much as 50% of private equity’s returns in the past, according to a 2011 study co-written by Viral Acharya of New York University’s Stern School of Business."
Faculty News

Prof. Nouriel Roubini sees the global economy weakening

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Excerpt from Associated Press -- "We live in a world where there is still a huge amount of economic and financial fragility. There is a huge amount of uncertainty - macro, financial, fiscal, sovereign, banking, regulatory, taxation - and there is also geopolitical and political and policy uncertainty." Additional coverage appeared in MSNBC, Newser, KMPH, TheSpec.com, Newsday, The Wall Street Journal, BBC, The Huffington Post, Sydney Morning Herald and 10 more additional outlets.
Faculty News

Prof. Viral Acharya is cited as a member of the SEBI's International Advisory Board

Excerpt from The Hindu -- "The members of the IAB, in addition to the Chairman, SEBI, are: Viral Acharya, Jane Diplock, Mark Maletz, Maureen O'Hara, Arvind Panagariya and Andrew Sheng." Additional coverage appeared in NDTV.
Faculty News

Prof. Nouriel Roubini on the European fiscal crisis

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Excerpt from The Huffington Post -- "Among policymakers and investors alike, the sense has taken hold that a pair of European rescue funds -- collectively holding perhaps $1 trillion in lending capacity -- are insufficient to assuage the market's fears. Bailing out Spain and Italy could absorb four times that sum, according to Roubini." Additional coverage appeared in Bloomberg TV, New Zealand Herald, Proactive Investors, The Telegraph, Reuters, Bloomberg, Irish Times, The New York Times and Bloomberg Businessweek.
Faculty News

In an op-ed, Research Scholar Robert Frank argues for higher taxes for the rich

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Excerpt from The New York Times -- "Higher spending on many forms of public consumption would produce clear gains in satisfaction for the wealthy. It’s reasonable to assume, for example, that driving on well-maintained roads is safer and less stressful than driving on pothole-ridden ones."
Faculty News

Prof. Nouriel Roubini's views on the euro zone crisis are cited

Associated Press logo
Excerpt from Associated Press -- "The euro zone 'could be a slow-motion train wreck,' Roubini said." Additional coverage appeared in CBS News, Bloomberg Businessweek, Bloomberg, The Wall Street Journal and CNBC.
Faculty News

Nobel Laureate Prof. Michael Spence looks at the German model to find ways to create US jobs

Fortune logo
Excerpt from Fortune -- "Spence points to Germany as a model where manufacturing makes up about 30% of its GDP compared to only 16% for the U.S. Germany focuses on high-end products that have appeal in global markets."
Faculty News

Nobel Laureate Prof. Michael Spence on economic growth in India

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Excerpt from NDTV -- In an exclusive interview, Nobel Laureate Professor Michael Spence says India can achieve nine percent economic growth.
Faculty News

Prof. Paul Romer's research on how knowledge and information lead to economic growth is cited

Excerpt from Techdirt.com -- "Economist Paul Romer's famous research really showed how knowledge and information as a resource is what creates economic growth."
Faculty News

Nobel Laureate Prof. Robert Engle on Vikram Pandit

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Excerpt from Reuters -- "It seemed [Pandit] was saying that we should measure the riskiness of a bank's portfolio based on some benchmark portfolio and not by whatever the bank is doing. That doesn't make any sense at all."
Faculty News

Prof. Baruch Lev's new book "Winning Investors Over" is highlighted

Excerpt from The New Zealand Herald -- "In his excellent new book Winning Investors Over, Baruch Lev of New York University's Stern School of Business writes that 'the lonely CEO often faces a `team of rivals', sometimes adversaries.'"
School News

Undergraduate student Amala Krishnan is named the Top International Baccalaureate student in the UAE

Excerpt from The Gulf Today -- “When I heard of my achievement, my initial reaction was that it was unbelievable. I was just delighted. I had been working extremely diligently for the last two years and my hard work had finally paid off.”
Faculty News

Nobel Laureate Prof. Michael Spence on the US economy

Excerpt from The Jakarta Post -- "Spence said the US now has a broad understanding of the structural changes it needs to make in the medium and long terms to get the economy back on track. But politics poses an obstacle."
Faculty News

Prof. Priya Raghubir's research finds people spend more when carrying cash in smaller denominations

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Excerpt from TIME blog -- "Raghubir and Srivastava’s results—what they’ve described in previous research as the 'denomination effect'—are consistent with an idea we’ve discussed several times: mental accounting. Small bills tend to get assigned to something like a mental petty cash account, and so we’re willing to spend them on petty things." Additional coverage appeared in Business Insider.
Faculty News

Prof. Lawrence White on the state of the US economy

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Excerpt from CNC World -- "I think there is some substance to the idea that the United States economy is starting to recover. Unemployment has been dropping for the last few months. The housing market may be stabilizing."
Faculty News

Profs Nouriel Roubini and Lawrence White's views on government stimuli are highlighted

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Excerpt from Metro New York -- " ... Nouriel Roubini and Lawrence White at NYU do not believe 'government needs to provide more stimulus to create jobs and prosperity' as you assert as 'reality.' In fact, they believe the opposite ... "
Faculty News

An op-ed by Prof. Amity Shlaes on Newt Gingrich

Excerpt from Bloomberg -- "From Social Security to Iranian nuclear power, Gingrich articulates better than any other candidate what’s wrong with U.S. policy and how to change it." Additional coverage appeared in San Francisco Chronicle.
Faculty News

Prof. Nouriel Roubini predicts China's economy will slow in 2012

Excerpt from Bloomberg -- "China’s economy will slow in 2012, prompting policy makers to reduce interest rates and ease lending restrictions, Nouriel Roubini, an economist who predicted the 2008 financial crisis, said last week."
Research Center Events

Practitioners and Academics Convene for 2012 “Measurable Marketing in a Social World” Conference

Leading academics and marketing professionals from around the world convened for NYU Stern’s Center for Measurable Marketing conference. Attendees explored the latest research on social media metrics, social media’s impact and the integration of social media into the marketing mix.