School News

MBA student Emily Cangie & Associate Director Jamie Rose on the Stern Consulting Corps

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Excerpt from New York Post -- "This fall, the SCC's newest partnership is underway. Just seven second-year MBAs were chosen to volunteer their time at the Council of Fashion Designers of America's (CFDA) Fashion Incubator."
School News

Research from NYU Stern on stocks is cited

Excerpt from Investment U -- "Historically, stocks with activist investors have outperformed the market by 21.6 percent, according to research by professors at New York University’s Stern School of Business."
School News

NYU Life Trustee & Chairman Emeritus of the Board of Overseers Henry Kaufman is referenced

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Excerpt from Forbes -- "Many tutors have informed my writing for the past 40 years, starting with famous economists Henry Kauf­man and the late Otto Eckstein of Harvard."
Faculty News

Prof. Aswath Damodaran on calculating country risk

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Excerpt from CFA Institute blog -- "Damodaran points to the increasing correlation between international markets as evidence that country risk cannot be diversified away entirely. He considers three measures for estimating the country risk premium: the default spread on a country’s sovereign debt, a premium based on equity market volatility relative to the U.S., and a hybrid approach."
Faculty News

An interview with Prof. Lawrence White on US regulations is referenced

Excerpt from St. Petersburg Times -- "The U.S.'s ranking 'is a far cry from 'most difficult,' wrote Lawrence J. White of New York University in an e-mail, pointing to the World Bank ratings."
Faculty News

An interview with Prof. Michelle Lederman on her book, "The 11 Laws of Likability"

Excerpt from Business Info Guide -- "'The 11 Laws of Likability: Relationship Networking…Because People Do Business With People They Like' is a book that encourages people to reconsider the way they build relationships." Additional coverage appeared in ABA Banking Journal.
Faculty News

An op-ed by Prof. Viral Acharya on the flow of financial information

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Excerpt from Harvard Law blog -- "To summarize, skewness and volatility related patterns observed in stock returns are consistent with the dynamics of disclosures by firms and the incentives of managers who have discretion over disclosure timing."
Faculty News

Prof. David Poltrack on relying on demographic data for marketing

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Excerpt from The Huffington Post -- "... reliance on the 18 to 49 demographic is hazardous to all media and marketers... 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

Prof. William Silber on the policy actions of President Franklin Roosevelt

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Excerpt from Financial News -- "Taken together, the moves brought confidence back to the banking system and enabled cross-border transfers to recommence, according to William Silber of New York University, saving the American monetary union."
Faculty News

School News

NYU Stern is highlighted for participating in the 2011 Consulting Conference and Case Competition

Excerpt from Daily Targum -- "RMCA competed against eight teams from the University of Pennsylvania, the University of Toronto, Harvard University, Yale University and New York University Stern School of Business, said Karan Chadha, RMCA co-head of Strategic Development."
Faculty News

In an interview, Prof. Hal Hershfield discusses his research on retirement savings

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Excerpt from Reuters Video -- "Across a couple of research studies we've found that people put about twice as much money into a hypothetical retirement account when they're exposed images of their future selves compared to when they're not." Additional coverage appeared on Bankrate.com and Investment Weekly News.
Faculty News

Prof. Irving Schenkler on Bank of America's follies

Excerpt from MSN -- "Given the feelings out there about banks, and particularly banks that took taxpayer money, it was not a well considered decision. ... It's one of those things that pares back reputation."
Faculty News

Prof. Lawrence White on financial regulation

Excerpt from Bloomberg -- “Regulators started telling their financial institutions, starting with the banks, you must pay attention to only these handful of entities. ... That gives the NRSROs a lock.” Additional coverage appeared in NCPA, Bloomberg Businessweek and San Francisco Chronicle.
Faculty News

Prof. Nouriel Roubini is cited as a member of Patriotic Millionaires for Fiscal Strength

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Excerpt from Los Angeles Times blog -- "The group says it has about 200 members in all, including more than a dozen current and former Google employees, actress Edie Falco and economist Nouriel Roubini."
Faculty News

Prof. Yakov Amihud on the proposed tax on stock trades

Excerpt from NewsMax -- "Every few years, the idea of imposing a 'sin tax' on Wall Street makes a comeback, and the idea is back again in the wake of the financial crisis."
Faculty News

Prof. Dolly Chugh's research on negotiation is featured

Excerpt from Harvard Program on Negotiation -- "Division heads may attempt to overclaim credit when scarce resources are being negotiated within an organization. What may appear to be selfish behavior may actually be ordinary unethical behavior that lies outside the negotiator’s conscious awareness."
Faculty News

Nobel Laureate Prof. Michael Spence on China's growth model

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Excerpt from Xinhua News Agency -- "The very labor-intensive process of manufacturing export will eventually die off. They will be replaced."
Faculty News

Prof. Joseph Foudy on the limits to government job creation

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Excerpt from The New York Times -- “Economies are big things, governments have trouble changing things, and state governments, in particular, have limits."
Faculty News

In an op-ed, NYU Stern Prof. Roy Smith warns bank layoffs come at a cost

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Excerpt from Financial News -- "This time banks need to be especially careful. They could be facing a business bonanza without enough staff to do the work."
Faculty News

Nobel Laureate Prof. Michael Spence on the benefits of innovation

Excerpt from Bloomberg TV -- "[Innovation] can make a major contribution - I guess I wouldn't go up 200%, I think we'll be left with some distributional problems and employment challenges for the middle-income group, but it would be a big help."
Faculty News

In an op-ed, Nobel Laureate Prof. Michael Spence recommends pragmatic & adaptive policymaking

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Excerpt from Reuters blog -- "Whether it is Europe or the US, the welfare of citizens – indeed, the well-being of the global economy – requires much better pragmatic and adaptive policymaking." Additional coverage appeared in The Huffington Post.
Faculty News

Overseer Henry Kaufman & Profs Nouriel Roubini and Richard Sylla on where to invest

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Excerpt from CNN -- "Though the economy is healing, some long-standing bears are still bracing for Armageddon. Yet each has a different take on how to prepare for the fallout."