Faculty News

Prof. Nouriel Roubini advises Europe to earmark more funds to arrest its fiscal crisis

Excerpt from Bloomberg -- "Europe must raise the amount of funds it has earmarked to arrest its fiscal crisis and deploy a 2 trillion-euro ($2.7 trillion) 'bazooka' before time runs out, said Nouriel Roubini." Additional coverage appeared on Bloomberg.
Faculty News

Prof. Amity Shlaes on the business sense of past US presidents

Excerpt from The Denver Post -- "The historical record suggests that a president who is good for business isn't always the same as a president who is a businessman."
Faculty News

Prof. Daniel Altman on Chinese corporate structures

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Excerpt from The Telegraph -- "Chinese corporate structures remain very rigid, and, according to Daniel Altman, a consultant at Dalberg Global Development Advisors, original ideas 'have to percolate through so many layers of hierarchy that most won’t survive to the top.'"
Faculty News

Prof. Richard Sylla on US stock market trends

Excerpt from MetroWest Daily News -- "Sylla’s research shows that markets have risen and fallen in consistent waves for more than 200 years, with the pattern becoming even steadier since World War II."
Faculty News

Prof. Michael Spence is highlighted as the recipient of the 2001 Nobel Prize in Economics

Excerpt from WHIOTV.com -- "Americans George A. Akerlof, A. Michael Spence, and Joseph E. Stiglitz win the Nobel Prize in economics for research into how the control of information influences everything from used car sales to the rise and collapse in high-tech stocks."
Faculty News

Prof. William Baumol's research on what drives technological innovation is cited

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Excerpt from Forbes -- "This is at the heart of a lot of the work of William Baumol, trying to untangle what it is that makes some societies innovate furiously, others not so much."  Additional coverage appeared in New Statesman.
Faculty News

Prof. Jeffrey Wurgler's research on the returns of low-volatility stocks is referenced

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Excerpt from The Wall Street Journal -- "The least-volatile quintile of the 1,000 biggest stocks in the U.S. returned 10.2% annually from 1968 to 2010, while the most-volatile quintile gained 6.6%, according to Brendan Bradley of Acadian Asset Management in Boston, who earlier this year published a study on the returns of low-volatility stocks with Malcolm Baker of Harvard University and Jeffrey Wurgler of New York University."
School News

Executive MBA student Sonia Kansal-Kalavar on trends in outsourcing

Excerpt from BioPharm International -- "We contacted Dr. Sonia Kansal-Kalavar, associate director of Biotherapeutics and Vaccine Outsourcing at Pfizer, who noted that the single most important trend in outsourcing today is the ability for chief officers to cull 'the most qualified vendor to fit the gaps in their drug development.'"
Faculty News

An interview with Prof. Edward Altman on Italy's role in the European debt crisis

Excerpt from Outlook India -- "I think Italy is not too big to fail if the world is willing to live with a non-Euro-centric union."  Additional coverage appeared in Outlook India.
Faculty News

Prof. Nouriel Roubini's book, "Crisis Economics," is featured as a "Top Business Book"

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Excerpt from Shanghai Daily -- "Nouriel Roubini, a farsighted economist, warns of a wild ride ahead and explains how to calm the waters."
Faculty News

Prof. Paul Romer is cited as a potential recipient of the 2011 Nobel Prize in Economics

Excerpt from MSN Philippines -- "Kolsrud meanwhile guessed the prize could go to research on economic growth, where Robert Barro and Paul Romer topped his list."
School News

Prof. Joel Rubinson's course, "Social Media for Brand Managers," is highlighted

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Excerpt from US News & World Report -- "Social Media for Brand Managers, taught by adjunct marketing professor Joel Rubinson, is intended to equip marketing students to contribute to and even run cross-functional social media teams in a marketing world that is moving from brands broadcasting a message to brands listening and then engaging with people."
Faculty News

Prof. Sinan Aral's research on social contagion is cited

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Excerpt from Science Magazine -- “Half of what we thought was peer influence was really just homophily and other confounding factors."
Faculty News

Prof. Joel Hasbrouck on high-frequency traders

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Excerpt from Voice of America -- “In normal circumstances, high-frequency traders act as market-makers. That means, they stand by passively waiting to buy or sell from whoever comes into the market needing to trade. In that capacity, they actually help stabilize the market.”
Faculty News

Member of the NYU Stern Executive Board and Prof. Richard Bernstein (MBA '87) is interviewed

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Excerpt from CNBC -- "Nobody cares about volatility if the markets are going up. people care about volatility if markets go down. so we measure risks different."
Faculty News

Nobel Laureate Prof. Michael Spence on the negative aspects of globalization

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

Workshop on Information in Networks (WIN)

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.
School News

Rachel Rekhter (MBA '11) on how her NYU Stern experience inspired her business, Naki Nagi

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."
Faculty News

Prof. Stijn Van Nieuwerburgh on how to give US households debt relief

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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."
Faculty News

Profs Stephen Brown and Ingo Walter served on the 2011 SimCorp StrategyLab Excellence Award jury

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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.
Faculty News

Prof. Nicholas Economides on the risk of Greece defaulting on its debt

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)."
Faculty News

Prof. Nouriel Roubini says the EU must restore economic growth

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.
Faculty News

Prof. Viral Acharya on unifying bank regulators

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.
Faculty News

Profs William Baumol and Ralph Gomory's research on trade is cited

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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.
Faculty News

Prof. Lawrence Lenihan's business development workshop is featured

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."