Faculty News

Professor Rosa Abrantes-Metz's research on gold price manipulation is mentioned

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Excerpt from Seeking Alpha -- "I spoke to Professor Rosa Abrantes-Metz at the New York University Stern School of Business. She is the leading expert on globe price manipulation. She actually testifies in some of these gold manipulation cases that are going on. She wrote a report reaching the same conclusions. It's not just an opinion, it's not just a deep, dark conspiracy theory. Here's a PhD statistician and a prominent market expert lawyer, expert witness in litigation qualified by the courts, who independently reached the same conclusion."
Faculty News

Professor Joe Magee's research on power and loneliness is spotlighted

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Excerpt from Kellogg Insight -- "Waytz’s research, in collaboration with Eileen Y. Chou of the University of Virginia, Joe C. Magee of New York University, and Adam D. Galinsky of Columbia University, examines how being highly placed in a social hierarchy affects loneliness."
Faculty News

Professor Arun Sundararajan shares his views on the sharing economy

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Excerpt from RT -- "Well, I would disagree that the sharing economy is reaching a dead end. I think that the process that we're seeing is simply a natural outcome of experimentation at the early stages of a phenomenon. So today's sharing economy are sort of early stage instances of a much broader transition in the economy. We're inventing a new way of organizing economic activity. Any time that happens, different companies will experiment with different ways of sort of fulfilling the dream, and some of them will succeed and grow on to be big and some of them won't."
Faculty News

In a co-authored op-ed, Professor Kim Schoenholtz discusses the impact of negative interest rates

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Excerpt from The Huffington Post -- "The bottom line: international experience suggests that negative interest rates, at least as low as we are seeing today and (in some places) significantly lower, will become a permanent part of the monetary policy toolkit. If that’s right, we need not worry quite so much whether a 2% inflation target is too low."
Business and Policy Leader Events

New York Blockchain Workshop

New York Blockchain Workshop
On April 4 and 5, NYU Stern hosted the sixth edition of the Blockchain Workshops series, which brought together more than 100 scientists, investors and legal experts to understand the upcoming challenges and opportunities provided by blockchain technologies, and their impact on financial services and entrepreneurship, as well as on the broader social, economic and political order.
Research Center Events

Ross Roundtable Discusses the Financial Accounting Standards Board’s Accounting Standards Update

Ross Roundtable
Experts from academia, the finance sector, regulatory agencies and legal and accounting professions gathered at NYU Stern on April 4 for a roundtable discussion on "Assessing Materiality: The FASB's Proposed Accounting Standards Update," hosted by the Vincent C. Ross Institute of Accounting Research.
Faculty News

Professor Arun Sundararajan comments on the future of the sharing economy

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Excerpt from CBC Radio -- "'If we look forward ten years, a healthy double digit percentage of many large economies will be sharing economy activity' he says. He sees a particularly strong role for countries like China, where the emerging middle class '...think about getting a car on demand rather than owning a car, or staying in Airbnb-style accommodation rather than going to a hotel. So the entire model of consumption that they embrace as they become middle class consumers may end up being sharing economy aligned.'"
Faculty News

Professor Nicholas Economides assesses the impact of the leak of a phone call transcript on the IMF's debt talks with Greece

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Excerpt from Bloomberg -- "'The leak and the e-mail exchanges between Tsipras and Lagarde have strengthened the negotiating position of the IMF toward both Greece and the Europeans,' Economides said. 'The IMF has made it even more clear that it will not participate in the program without a debt reduction.'"
 
Faculty News

Professor Arun Sundararajan discusses a recent court ruling on transportation regulation in Boston

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Excerpt from Boston.com -- "Arun Sundararajan, a business professor at New York University, said the rulings indicate that taxi regulations across the country are in need of updating. 'I see them as part of a process of remaking the way that we regulate paid, chauffeured transportation,' he said. 'I sort of see things like this as an opportunity for a city to say, "OK, now we have to sit down and rewrite this."'"
Faculty News

Professor Dolly Chugh's research on bias is mentioned

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Excerpt from The New York Times -- "Discrimination is also pervasive in the white-collar world. Researchers found that white state legislators, Democrats and Republicans alike, were less likely to respond to a constituent letter signed with a stereotypically black name. Even at universities, emails sent to professors from stereotypically black names asking for a chance to discuss research possibilities received fewer responses."
Faculty News

Professor Scott Galloway discusses the impact of the FBI breaking into a secured iPhone on the Apple brand

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Excerpt from Associated Press -- "Scott Galloway, clinical professor of marketing at NYU Stern School of Business, said Apple risked public sentiment turning against the company as people became more informed about the case, and particularly if Apple lost. For now, he said, 'the line isn't going to be any shorter for the iPhone because the FBI in concert with a third party figured out a way to hack into one phone. I haven't heard anybody say "That's it, I'm switching to Samsung."'"
Faculty News

Research by Professor Jeanne Calderon and Scholar-in-Residence Gary Friedland is referenced

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Excerpt from The Real Deal -- "One reason is that EB-5 capital is 'remarkably flexible,' meaning it can be debt or equity, secured or unsecured, and can account for as little as 1 percent of a project’s cost or as much as 100 percent, according to a research paper by New York University professors Jeanne Calderon and Gary Friedland. 'It can contain virtually any features, with few limitations or restrictions imposed by the EB-5 program,' the duo wrote."
Faculty News

In an op-ed, Professor Nouriel Roubini reflects on the use of unconventional monetary policy worldwide

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Excerpt from Project Syndicate -- "... if current conditions in the advanced economies remain entrenched a decade from now, helicopter drops, debt monetization, and taxation of cash may turn out to be the new QE, CE, FG, ZIRP, and NIRP. Desperate times call for desperate measures."
School News

Stern's social impact course offerings and activities are highlighted

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Excerpt from mbaMission -- "Through Stern Consulting Corps, students can partner on consulting projects with New York City–based nonprofits. And for those who also have the entrepreneurial bug, Stern added a Social Venture Competition—in which participants compete for a $50K prize—to its traditional for-profit $200K Entrepreneurs Challenge."
School News

US Attorney Preet Bharara's remarks at Stern are highlighted

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Excerpt from Ethical Systems -- "Bharara highlighted that collectively, as a society, we see the difficulty of speaking up against higher authorities. In response, there are long-standing legal protections- as early as 1863- when the False Claims Act was promulgated to motivate reporting of cases of fraud against the government, and more recent laws such as Sarbanes-Oxley and the Dodd-Frank Act which provide whistleblower protection."
Faculty News

Professor Lawrence White discusses a recent court ruling on the federal regulation of MetLife

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Excerpt from Marketplace -- "MetLife has always said it’s just an insurance company. Lawrence J. White, professor of economics at NYU’s Stern School of Business, said MetLife has some ground to stand on to argue that it is different from a bank. 'They tend to have more capital which means they are somewhat less leveraged,' he said. ... 'But if they got into trouble, the consequences for the rest of the economy could be substantial,' White said."
Faculty News

Professor Anindya Ghose explains how the rise of social media has created new job opportunities

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Excerpt from CNBC -- "In creating opportunities for businesses to reach consumers directly, Ghose points out that social media has also created opportunities for a wide range of job seekers. He said there is a need for graphic designers who create a platform's look, a need for security specialists who ensure data is protected, a need for app developers for mobile sites and a need for data scientists who mine the platform's data to parse clients whims and wishes."
Faculty News

Professor Tensie Whelan discusses food companies moving away from the toxic chemical BPA in cans

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Excerpt from The Guardian -- "Tensie Whelan, director of New York University’s Center for Sustainable Business, said that while companies should be applauded for switching to BPA-free lining in their cans, they need to make sure they aren’t swapping out one potentially dangerous chemical for another. 'It’ll be critical that they publicly and transparently disclose the substitutes they use and work with scientists, government and civil society to ensure those alternatives are safe as well,' she said."
Faculty News

In an op-ed, Professor Nicholas Economides argues that Netflix has not violated net neutrality rules by lowering the quality of its videos for mobile viewers

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Excerpt from Fortune -- "With net neutrality ensuring that telecommunications and cable companies will not determine the winner in streaming video, it is now time to experience competition among Netflix, Amazon, Hulu and others, based on their merits, content availability, quality of picture, etc. It is a pity that download caps make video more expensive in wireless competition."
Faculty News

Lord Mervyn King's new book, "The End of Alchemy," is discussed

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Excerpt from Bloomberg View -- "The book asks deep, difficult questions about the theory and practice of finance and economics, and comes up with interesting answers every time. They're sobering answers too, in many cases, because they show how hard it will be for policy makers to avoid the next crisis."
Faculty News

Professor Jonathan Haidt's research on political affiliations within the field of social psychology is cited

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Excerpt from The Wall Street Journal -- "... a recent study by Jonathan Haidt of New York University showed that 96% of social psychologists identify as left of center, 3.7% as centrist/moderate and only 0.03% as right of center."
Faculty News

Professor Scott Galloway discusses Amazon's Dash Button

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Excerpt from The New York Times -- "Scott Galloway, a professor of marketing at New York University’s Stern School of Business, said Amazon would one day go even further by analyzing customer shopping patterns and proactively sending people replenishments of common household items. 'I think that’s where this is all headed,' he said. 'I will get a box once a week with stuff they figure I need.'"
Faculty News

Lord Mervyn King's new book, "The End of Alchemy," is discussed

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Excerpt from Financial News -- "For a while 2015 looked like a year that would signify the end of the post-crisis slump for the banks: mergers, equities, debt and leveraged buyouts all were firing away, and some predicted that the long wait for a profits recovery would soon be over. But, the first quarter data shows it was not to be. The oil glut rattled stock, debt and currency markets and recession fears forced unexpected credit write-downs."
Press Releases

NYU Trustee Larry Silverstein Gives $1 Million to Stern in Honor of NYU Trustee Chairman William R. Berkley and in Support of High-Achieving, Low-Income Business Students

Street View of NYU Stern
Thanks to the generosity of NYU Trustee Larry Silverstein, Arts ‘52, New York University Stern School of Business has established the William R. Berkley Scholars Fund, and provides $1 million endowed scholarship to support high-achieving, low-income students admitted to the Undergraduate College.
Faculty News

Professor Thomaï Serdari discusses Stern’s luxury marketing offerings

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Excerpt from TopMBA -- "'The financial results of companies that operate in the luxury sector have piqued MBA students' interest. Many more people wish to understand why is it that these companies can weather most financial crises practically unscathed,' reflects Thomaï Serdari, a professor specializing in luxury brands at NYU Stern. She notes that after the school introduced the specialization, there was increasing interest in high-end product development across the board – quality and prestige, it seems, will always out."