Experience Stern | News & Events

Excerpt from CNBC -- In an exclusive interview, Nobel Laureate Professor Michael Spence discusses the negative aspects of globalization.

WIN is a Social Networks Summit intended to foster collaboration and to build community. The increasing availability of massive networked data is revolutionizing the scientific study of a variety of phenomena in fields as diverse as Computer Science, Economics, Physics and Sociology. WIN brings together leading researchers studying ‘information in networks’ – its distribution, its diffusion, its value, and its influence on social and economic outcomes – in order to lay the foundation for ongoing relationships and to build a lasting multidisciplinary research community.

Excerpt from MBA Social -- "Then I sat in a classroom with my Stern peers and realized that I had about a million options for my future, and I realized that getting my MBA was more than just another degree – it was more like a golden ticket to the world, where I would have all the tools and resources I needed to be successful in any venture."

Excerpt from CNBC -- "The key is to reduce the debt problem. Banks need to be induced to write down the principles on mortgages and give households debt relief so they can resume spending."

Excerpt from CNBC -- "Dealis Fund Operations was named the winner after a thorough evaluation by an international jury consisting of professor and director of SimCorp StrategyLab, Ingo Walter, professor Steven Brown of New York University, professor Paul Verdin of the University of Leuven and SimCorp’s CEO Peter L. Ravn."  Additional coverage appeared on MarketWatch.

Excerpt from Il Fatto Quotidiano -- "The Greek government should be honest with our European partners telling them they are unable to pay and they need to have a bankruptcy (translated from Italian to English)."

Excerpt from Bloomberg -- "'There’s too much focus on fiscal austerity, which is important, but first you have to restore economic growth,' Roubini said in a panel discussion at the European Forum of New Ideas."  Additional coverage appeared on Bloomberg Businessweek.

Excerpt from Bloomberg -- "'All the national regulators have to agree that their banks need to raise capital,' he said. 'The regulators are not sufficiently united. No one country is taking the leadership to realize the problem is getting out of hand.'"  Additional coverage appeared in Bloomberg Businessweek.

Excerpt from The Huffington Post -- " ... the paper confirms earlier findings made by former Sloan Foundation President Ralph Gomory and former American Economic Association President William Baumol in a study of trade under conditions of imperfect competition and with less than full resource utilization."  Additional coverage appeared in the Journal of Policy Modeling.

Excerpt from New York Daily News -- "As an Adjunct Professor at NYU's Stern School of Business, he teaches an entrepreneurship course called "Ready, FIRE!, Aim"--this workshop is a condensation of Mr. Lenihan's course material for market timing, idea realization, product development, and more."

An interview with Richard Bernstein on what the civil unrest in Egypt will mean for markets.

Excerpt from Dylan Ratigan -- "Henry Blodget of Business Insider and author Matthew Richardson explain why fixing the housing market remains key to the economy and job creation."

Excerpt from Kitsap Sun -- "In an article released in March, authors Michael Spence and Sandile Hlatshwayo, from New York University, argue that higher-paying jobs will soon follow low-paying jobs to greener pastures outside of the United States."

Excerpt from CBS Moneywatch -- "Two and a half years ago, … the World Bank approached the Nobel laureate Michael Spence to ask him to lead a high-powered commission on economic growth."

Excerpt from Newswise -- "In three separate experiments, researchers found that high-status people tended to trust people more in initial encounters than did people with lower status."

Excerpt from The Wall Street Journal -- "New York University professor of economics Nouriel Roubini called for Greece to 'voluntarily exit the euro zone and return to the drachma' to escape a vicious cycle of insolvency, low competitiveness and ever-deepening depression."  Additional coverage appeared on FOX Business.

Excerpt from Bloomberg Businessweek -- "The reality is every time you invest in stocks you’re taking an implicit stance on the equity risk premium."

Excerpt from The Huffington Post -- "Restructuring Greek debt would cost the European Union just over $100 billion, according to NYU economist Nicholas Economides."

Excerpt from Bloomberg TV -- “The question is, will the recession be mild or severe? We are running out of policy bullets.”  Additional coverage appeared in The Washington Post.

Excerpt from The Wall Street Journal -- "Michael Spence, a Nobel Laureate economist at New York University, said the new finding reflected how prevailing theories of trade aren't up to the task of dealing with the breakneck pace of China and other developing economies. Since the world has never seen such large countries grow so quickly, history isn't much of a guide."  Additional coverage appeared on a CNN blog.

Excerpt from The Wall Street Journal Europe -- "We propose that these objectives can be accomplished by creating 'European Safe Bonds' (ESBies) that banks can hold and that the ECB would accept as collateral. Such bonds would help meet the worldwide hunger for safe assets, particularly in times of crisis, when investors seek a safe haven."

Economists and policy makers from the G20 countries gathered at NYU for a two-day, deep-dive on employment this September. Hosted by NYU Stern and the Indian Council for Research on International Economic Relations (ICRIER), and with support from the World Bank, the workshop entitled, “Employment – Global and Country Perspectives,” explored a number of trends and issues.

Researchers studying information in networks gathered at NYU Stern for the third annual Workshop on Information Networks (WIN) Summit, organized by Sinan Aral, assistant professor of information, operations and management sciences; Arun Sundararjan, associate professor of information, operations and management sciences; and Foster Provost, professor of information, operations and management sciences.

Excerpt from The Wall Street Journal -- "I believe that every student, no matter how rich or poor they are, should have the ability to travel and get a new perspective of the world."