Experience Stern | News & Events

Excerpt from Targeted News Service -- "Sinan Aral, New York University Stern School of Business assistant professor and Facebook scholar-in-residence, will also speak on March 7."  Additional coverage appeared on PhysOrg.com.

Excerpt from News Daily -- "An admission from the head of the second-biggest U.S. investment bank that he's okay with shrinking is an extraordinary recognition of regulatory and market realities, said Roy Smith, a former Goldman Sachs partner who teaches management practice at NYU's Stern School of Business."

Excerpt from Heritage.org -- "Other things being equal, an increase in the mortgage interest rate leads to a slight decrease in home prices. For example, a 25-basis-point increase in the interest rate, as discussed in an economic study by Scott Frame and Lawrence J. White, yields housing prices that are 2.25 percent lower than they would be otherwise."

Excerpt from The Atlantic -- "We have seen that central banks trying to lend to undercapitalized institutions doesn't solve the problem... What they really need to do is recapitalize the entire European banking system in one fell swoop."

Excerpt from NPR -- "A pension represents a stream of payments that are going to stretch out into the future just the way a mortgage represents a stream of payments by the borrower back to the lender." Additional coverage appeared in Kosu.org.

Excerpt from The Bohol Standard -- "He said that population control is not among the five solutions or ingredients found by the 2006 Commission on Growth Development, a commission headed by Nobel prize winner Michael Spence."

Excerpt from Benzinga.com -- "Accounting control fraud, as criminologists, economists, and (competent) financial regulators recognize is a 'sure thing.' See George Akerlof and Paul Romer, 'Looting: the Economic Underworld of Bankruptcy for Profit' (1993)."

Excerpt from Downtown Express -- “If the D.O.E. refuses to acknowledge the need for more schools Downtown and doesn’t try to get those schools built, then the forecasts that say we need more schools will be wrong because people will move out.”

Excerpt from The Economist -- "As Thomas Philippon, a French economist, pointed out in 'Le Capitalisme d’Héritiers,' a 2007 book, too many big French companies rely on educational and governmental elites rather than promoting internally according to performance on the job."

Excerpt from The Wall Street Journal -- "New York University's influential Nouriel Roubini argued that not only Greece but also Italy would have to leave—or be kicked out of—the euro zone." Additional coverage appeared in The Wall Street Journal, Financial Times, and CNBC.

Excerpt from Los Angeles Times -- "They've come to be the poster children for the bond market."

Excerpt from The New York Times -- "Michael Spence, a Nobel Prize-winning economist who shares a concern about rising inequality, told me that we’ve seen 'an evolution from one propertied man, one vote; to one man, one vote; to one person, one vote; trending to one dollar, one vote.'"

The Future of Television Conference East, hosted by Digital Media Wire in partnership with NYU Stern and the Consumer Electronics Association, convened 300 industry experts and academics to discuss the latest trends and issues in today's television and technology industries.

Excerpt from PBS NewsHour -- "A hundred years from now, if people poll professional economists, people like me, and ask, who's the founder of your discipline, most people are going to say Charles Darwin." Additional coverage appeared in The Guardian.

Excerpt from Forbes -- "Mr. Roubini’s predictions have not gotten substantially more optimistic, as he sees a long period ahead wherein the U.S. must struggle to find a new viable economic growth model. Moreover, he sees a global economic future that more resembles a zero-sum game than a cooperative model."

Excerpt from The Atlantic -- "As Paul Romer proposed in his New Growth Theory, investing in innovation is a crucial endogenous factor - and therefore one firmly in the grasp of policymakers - that creates economic growth."

Excerpt from China Daily -- "Robert Engle, winner of the 2003 Nobel Memorial Prize in Economic Sciences, said at a recent China innovation seminar that when China is planning for the future with wonderful five-year plans, Americans are merely planning for the next election."

Excerpt from Daily Mail -- "The world of investment bankers and especially the trading floor region is notoriously hermetically sealed."

Excerpt from PBS NewsHour -- "Jonathan Haidt ... says we are the giraffes of cooperation. We are really good at cooperating."

Excerpt from National Review -- "To understand the anger of the tea-party movement, just imagine how you would feel if you learned that government physicists were building a particle accelerator that might, as a side effect of its experiments, nullify the law of gravity." Additional coverage appeared in The Atlantic Wire.

Excerpt from George Washington University Business School blog -- "As part of GWSB’s ongoing Dean’s Distinguished Lecture series, Joe Porac, the George Daly Professor in Business Leadership at NYU Stern School of Business, discusses how perceptions of elite CEOs change with increased recognition."

Excerpt from Wireless News -- "There used to be a time when there was not enough information. Today, there is information overload on the Internet. However, by automatically mining the plethora of unstructured data on the web, we can harness the wisdom of the crowds to work to the consumer's advantage."  Additional coverage appeared in Health & Beauty Close-Up.

Excerpt from Economics Week -- "Joining Mr. Ferik in the panel discussion was Carol O'Rourke, a Certified Financial Planner(R) and executive director of the Coalition for Debtor Education, a nonprofit organization housed at Fordham University Law School, and Lawrence J. White, Ph.D., distinguished economics professor and economics department deputy chair at New York University's Stern School of Business."

NYU Stern Center for Global Economy and Business hosts Dr. Stephen Cecchetti, Economic Adviser at the Bank for International Settlements (BIS).

New York University Stern School of Business today announced the launch of a global version of its NYU Stern Systemic Risk Rankings, extending the weekly US rating and ordering by level of risk to encompass the global banking system. The top three most systemically risky banks are Deutsche Bank AG, BNP Paribas, and Barclays PLC.