Experience Stern | News & Events

Excerpt from The Independent -- "I was also struck by this chart in Vickers, based on work by a paper by Viral Acharya, Itamar Drechsler and Philipp Schnabl of NYU-Stern, which shows the movement over time of credit default swaps (CDS) in the Irish and British banking sectors, and also the movement over time of the CDS of Irish and British government bonds."

Excerpt from Xinhua -- "'China has a Five-Year Plan. It's easy to read, it's understandable,' Spence said of China's 12th Five-Year Plan (2011-2015)."

Excerpt from The Wall Street Journal -- "Can you wage war against an economic downturn by attacking it like a military opponent? If so, can you win such a war? In "The New Deal," a blow-by-blow account of Roosevelt's campaign against the Great Depression, Michael Hiltzik implicitly answers both questions with a 'yes.'"

Excerpt from the Boston College Financial Security Project -- "Economists’ explanation for why people don’t save for retirement is that they “discount” the future, placing a higher value on today’s pleasures."

Excerpt from PR Newswire -- "Audi took the top rank in the second-annual Prestige 100®: China IQ, which measures the digital footprint of 100 prestige brands in China, the world's fastest-growing luxury market."  Additional coverage appeared on Newswise, MarketWatch, Betanews, StreetInsider.com, Yahoo! News, TheStreet.com, At the Center of it All, Newsblaze.com and Bradenton.com.

Excerpt from Brainerd Daily Dispatch -- “If a stimulus doesn’t take effect quickly, it isn’t really a stimulus, which is what Obama discovered after many millions of his 2009 spending package went unspent.”

Excerpt from CNBC -- "The big risk for Mongolia, however, remains its dependence on mining exports, especially to China. A crash landing for China’s economy forecasted by hedge fund investors such as Jim Chanos and economist Nouriel Roubini, could set back the country’s ambitious GDP growth targets."

Excerpt from Washington Square News -- "For their dedication to New York's business community, the Stern School of Business's Berkley Center was presented the first-ever Outstanding Professionals for their Entrepreneurial Leadership award last week."

Excerpt from New York Observer -- "At the beginning, ToVieFor had incredible momentum. The startup won the $75,000 grand prize at NYU’s Stern School business plan competition, debuted at TechCrunch Disrupt and went on to make the cut into the first TechStars NY class that ended April 15"

Excerpt from PBS Nightly Business Report -- "A recent paper by Stanford economists Paul Romer and Charles Jones summarizes the state of growth econ."

Excerpt from TIME -- "You get the feeling that some of these items have an extremely tangential connection to 9/11, and they seem to want to trade on the event. ... At certain times, it feels excessive."

Excerpt from the USC Annenberg blog -- “Even in the presence of congestion, Net Neutrality can maximize welfare."

Excerpt from Xconomy.com -- “One of the hurdles New York City has is, as good as the tech scene is, you’ve got to get those people together.”  Additional coverage appeared on XYDO.com and NYConvergence.

Excerpt from Benzinga.com -- "The accounting control fraud recipe, as Akerlof & Romer warned, is a 'sure thing' – it produces record (albeit fictional) short-term income."

Excerpt from Bloomberg -- "Bastiat noted that over time laws and lawsuits come to accrue more importance than the people and activities they govern."  Additional coverage appeared on Oregonlive.com, Projo.com, Journal Gazette, Powerlineblog, Bloomberg and Vancouver Sun.

Excerpt from Bloomberg -- "The challenge to the shortage numbers echoes warnings before the U.S. housing crash from doomsayers including New York University Professor Nouriel Roubini, 'The Black Swan' author Nassim Taleb, and Peter Schiff, chief executive officer of Euro Pacific Capital Inc."  Additional covereage appeared in Bloomberg Businessweek.

Excerpt from MarketWatch -- "Fears of recession, tough trading conditions, an ocean of unresolved litigation and the worsening euro-zone mess have delivered a real pounding to bank stocks this summer. Former Goldman Sachs partner Roy Smith joins Mean Street to offer a solution: Break up the banks."  Additional coverage appeared on The Kevin Trudeau Show.

Excerpt from Seeking Alpha -- "I love NYU Stern's V-Lab's Systemic Risk Analysis Tool. Bank of America is still fighting out for the top spot."

Excerpt from The Wall Street Journal -- "Richard Sylla, economic historian and professor of economics at New York University's Stern School of Business, talks with WSJ's E.S. Browning about his formula for predicting market performance."  Additional coverage appeared in Barron's, Dow Jones, Reuters, Business Insider and MarketWatch.

Excerpt from Sustainable Business Forum -- "Fifteen years ago Barry Nalebuff and Adam Brandenburger coined the term co-opetition to describe 'a revolutionary mind-set that combines competition and cooperation.'"

Excerpt from The Wall Street Journal -- "Robert Engle (2003 winner), Christopher Pissarides (2010) and James Mirrlees (1996) will speak on "An Era of Macro and Micro Frictions"—issues facing asset managers, the labor market and younger generations."

Excerpt from The Hindu Business Line -- "U, V, or W? No, this is not a test of your knowledge of the alphabet, but a question about recoveries, because they come in different forms, reflecting their relative vigour or sustainability, as Nouriel Roubini highlights in ‘Crisis Economics: A crash course in the future of finance'. A V-shaped recovery, he explains, is swift and vigorous."

Excerpt from Forbes -- "Ed Altman of NYU’s Stern School of Business, who proved prescient about junk bonds going into the crisis, says the current spread implies an annual default rate of around 6-7%."

Excerpt from Marketplace -- "What makes the current situation so hard is that we're trying to solve a long-term problem with a very constrained fiscal situation."  Additional coverage appeared on Council on Foreign Relations and Boston.com