Faculty News

Prof. Joe Foudy on the potential effects of the fiscal cliff

Excerpt from the New York Daily News -- "'Suddenly everyone is going to see their paycheck go down and that’s going to slow consumer spending,' said associate professor of economics Joe Foudy, at the New York University’s Stern School of Business."
School News

In an op-ed, Daria Burke (MBA '08) discusses what business schools can do to foster female leaders

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Excerpt from the Huffington Post -- "Currently, only a handful of business schools -- Stern (NYU), Darden (UVA), HBS (Harvard) -- offer courses that focus on women in leadership."
Faculty News

Prof. Thomas Cooley discusses the fiscal cliff

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Excerpt from the Financial Times -- "I think that the worst consequence of the fiscal cliff is that it's really taking attention away from what really needs to be done for the long run."
Faculty News

Prof. April Klein on companies that shrink their cash holdings

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Excerpt from Nightly Business Report -- "I know they say you can't be too rich or too thin, but companies can in fact be too rich and sometimes you want to shrink out the cash."
School News

MBA student Marisa Rosenthal recommends a holiday gift for MBAs

Excerpt from Bloomberg BusinessWeek -- "Marisa Rosenthal, a student at New York University’s Stern School of Business, encourages people to buy an iPhone case through Bonobos to benefit charity:water, a nonprofit that provides clean drinking water to those in developing nations."
Faculty News

Prof. Thomas Cooley on banks that avoid regulation

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Excerpt from Reuters -- "'What we are seeing now is a gamesmanship dance in which firms do whatever they can to avoid regulation, which is an age-old phenomenon,' said Thomas Cooley, a professor of economics at New York University's Stern School of Business."
Faculty News

Prof. William Baumol's Cost Disease theory is cited

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Excerpt from the Star Tribune -- "The concept comes from economist William Baumol, whose groundbreaking work studying the arts in the 1960s with a Princeton University colleague led to his simple observation that productivity gains in the performing arts are all but impossible to achieve."
Faculty News

Profs Nouriel Roubini, Paul Romer and Jonathan Haidt are named FP Top 100 Global Thinkers

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Excerpt from Foreign Policy -- "NOURIEL ROUBINI, For being not just gloomy, but right... PAUL ROMER, For dreaming big about how to reinvent cities... JONATHAN HAIDT, For revealing the psychology of partisanship."
Faculty News

In an op-ed, Prof. George Smith explains how executives can leverage the history of their companies

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Excerpt from the Harvard Business Review -- "A sophisticated understanding of the past is one of the most powerful tools we have for shaping the future."
Faculty News

Prof. Bryan Bollinger on patterns of solar power adoption

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Excerpt from The New York Times -- "'If you can talk to someone who’s gone through it who has a positive view, then they could really alleviate some of the concerns,' said Bryan Bollinger, an assistant professor of marketing at the Stern School of Business at New York University who has studied patterns of solar adoption."
Faculty News

Prof. Ralph Gomory and Richard Sylla's research on American Corporations is featured

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Excerpt from the Wall Street Journal -- "Ralph Gomory, former head of Sloan Foundation, and NYU economic historian Richard Sylla, trace the history of the corporation in a long essay to be published next year in Daedalus, and ask, 'How do we align the actions of corporations with the broader interests of the country?'"
Faculty News

In an op-ed, Prof. David Backus shares his theoretical approach to Europe's economy

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Excerpt from The Huffington Post -- "Perhaps the central challenge for the future of Europe is to decide which risks qualify for insurance and which do not. Their choices must balance insurance with incentives. And once they decide, they must make a firm commitment to paying any claims that make their list."
Research Center Events

NYU Start Up Job Expo 2012

The first NYU Start Up Job Expo, hosted by NYU Stern's Berkley Center for Entrepreneurship & Innovation, Office of Career Development, Career Center for Working Professionals and Entrepreneurs Exchange Club, as well as the NYU Wasserman Center for Career Development, the Wasserman Center for Career Development at NYU-Poly, the NYU Entrepreneurs Network and NY Tech Meetup, to be held on Thursday November 29. This event will provide students with a chance to connect with professionals in the entrepreneurial community, such as, ffVentures, Lore, Lot18, Quirky, TargetSpot, Venmo and Yipit.
Student Club Events

Stern MBAs win Cable Interacts Interactive Launch Competition

On November 28, 2012, a team of five NYU Stern MBA students won the first place $2,000 prize in the second annual Cable Interacts Interactive Launch Competition. Kibi Anderson, Ben Colman, Joshua Cohen, Austin Clements and Taj Corinaldi, advised by Professor Alvin Lieberman, competed against teams from Columbia Business School, MIT Sloan, Georgetown McDonough School of Business, Boston University School of Management and Howard University School of Business.
Faculty News

Prof. Aaron Tenenbein on the odds of winning the Powerball lottery

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Excerpt from CBS News -- "The chance of your winning if you don't play is zero, but the chance of your winning if you do play is about the same."
Faculty News

Prof. Anindya Ghose and the M.S. in Business Analytics program are featured

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Excerpt from U.S. News -- "Ghose has also observed significant demand from job recruiters for analytical skills. 'Most companies understand that there is some value in business analytics and big data, but they just don't have, often, the in-house skills to do something with that,' he says."
Faculty News

Nobel Laureate Prof. Robert Engle discusses systemic risk

CNBC logo
Excerpt from CNBC -- "The fiscal cliff is on everybody's radar but I think it's not the only thing that needs to be on our radar because I think that the situation in Europe could actually turn out to be just as damaging for the US economy as the fiscal cliff."
Faculty News

Prof. Nicholas Economides on Greece's debt deal

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Excerpt from BBC -- "It's a temporary deal. It's not perfect. It's a compromise. It gives more time to Greece to improve things but ultimately I think we will find ourselves in the same spot in a few months or in a year."
School News

NY Fed's Simon Potter discusses central bank policy at NYU Stern

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Excerpt from the Wall Street Journal -- "Speaking at gathering held at the New York University‘s Stern School of Business, Simon Potter, who heads up the New York Fed’s critical Markets Group, said real-time information is critical to good policy making."
School News

Consulting practices at audit firms are discussed at the Ross Roundtable at Stern

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Excerpt from Forbes -- "Experts from the finance sector, industry, regulatory agencies, government, legal and accounting professions, and academia got together last night at NYU Stern School of Business for a Ross Roundtable to discuss the reemergence of consulting practices in the major audit firms."
Faculty News

In an op-ed, Prof. Jonathan Haidt discusses moral psychology and the fiscal cliff

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Excerpt from the Washington Post -- "If our leaders want to be statesmen rather than panderers, they need to do the same. Pledges to protect this or that group from all sacrifice are as counterproductive as pledges never to raise taxes. President Obama and Speaker Boehner should develop shared language to convey to the American people the severity of our problems and the need for all Americans to make some sacrifices."
Research Center Events

Ross Roundtable Discusses the Re-emergence of Consulting Practices at Major Audit Firms

Some 50 academics, practitioners and policymakers gathered at NYU Stern in November for a roundtable discussion on the re-emergence of consulting practices at the major audit firms. Industry experts discussed why the firms’ consulting revenues are increasing and whether the practice poses a conflict of interest.
Faculty News

Profs Andrea Frazzini and Lasse Pedersen's research on "embedded leverage" is featured

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Excerpt from Barron's -- "AQR Capital’s Andrea Frazzini and New York University’s Lasse H. Pedersen have a new paper on the subject of 'embedded leverage.' The term refers to options contracts or exchange-traded funds where leverage is built into the product."
Faculty News

Prof. Kim Schoenholtz on choosing central bankers

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Excerpt from Reuters -- "'We don't think twice about having the best surgeon or the best engineer or the best mathematician. Having the best central banker is not a bad idea,' said Kim Schoenholtz, director of the Center for Global Economy and Business at New York University, and a former chief economist at Citigroup."
Faculty News

Prof. William Silber's book, "Volcker: The Triumph of Persistence," is featured

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Excerpt from the Washington Post -- "The book offers behind-the-scenes accounts of Volcker’s time at the Department of Treasury and the Federal Reserve. It also chronicles his resolve and independent thinking during times of crisis."