School News

NYU Stern's Launch 2011, Themed "An Education in Possible," is featured

Forbes logo
Excerpt from Forbes.com--NYU Stern continued the theme of long-term, socially responsible thinking with their new integration initiative, Launch 2011. Themed “An Education in Possible,” they began with a three-day intellectual “summit” divided into daily themes of World, Business and City. The intention was to inspire their students to think seriously about the major challenges facing the world (e.g., climate change, fiscal crises, energy, urbanization) and to expand their view of possibilities–what business can do, and what they can achieve, to create value.
School News

Prof. Lawrence Lenihan's Tech@NYU Startup Week workshop is highlighted

Excerpt from NYU Local -- "Thursday 10/6: Choose one of three concurrent workshops: (1) a compressed lesson from Lawrence Lenihan‘s “Ready, Fire! Aim” course on business development ..."
School News

eToro investment network's presentation at the NYU Stern WIN Conference is featured

Excerpt from PR Newswire -- "Dr. Yaniv Altshuler presented eToro sponsored research on social trading at WIN (Workshop on Information in Networks) at NYU Stern School of Business September 30 - October 1."  Additional coverage appeared in The Sacramento Bee.
Faculty News

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

Excerpt from iStockAnalyst.com -- "Banks need to be induced to write down the principals on mortgages and give households debt relief so they can resume spending." Additional coverage appeared on ABC News.
Faculty News

An interview with Prof. Nicholas Economides on the Greek economic crisis

Excerpt from NTN24 -- "Nicholas Economides, an adviser to the Federal Trade Commission USA, Greece, Ireland, New Zealand, Portugal and the Central Bank of Greece, spoke to NTN24 about the goals of this year and how they will suffer the eurozone (translated from Spanish to Engish)."
Faculty News

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

MarketWatch logo
Excerpt from MarketWatch -- "'Investors today are looking for ways to maximize returns while managing risk,' said Mr. Bernstein."  Additional coverage appeared on 4-traders.com.
Faculty News

Prof. Lasse Pedersen is cited as a member of the AQR Insight Award Committee

Excerpt from PR Newswire -- "AQR Capital Management, a $40-billion asset management firm with a particular focus on alternatives, today announced a new award for applied academic papers in finance: The AQR Insight Award. This $100,000 annual competition seeks to identify the current academic finance papers that have the most significant practical implication for investors."  Excerpt from PIOnline and Insurance News Net.
Faculty News

Prof. Lawrence Lenihan on the IPO market

Wall Street Journal logo
Excerpt from a Wall Street Journal blog -- [A]s an industry (both technology and venture), we are like the jilted lover who, after 20 years still stares longingly out to the horizon, waiting for our soulmate to return….The public markets as they exist today are never going to be what they were and we need to recognize this and change accordingly.”
Faculty News

Prof. Lawrence White on doing business in New York

Excerpt from Washington Square News -- "New York is a state with relatively high taxes, high costs and lots of regulation, [and] businesses generally would prefer less of all [these] things."
Faculty News

Profs Robert Engle and Michael Spence are cited as past winners of the Nobel Prize in Economics

Excerpt from LiveScience -- "Economics wasn't on the original list of prizes envisioned by Alfred Nobel. In 1968, Sweden's central bank, Sveriges Riksbank, donated money to the Nobel Foundation to extend a prize to economists. In 1969, the first Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded according to the same criteria used for the original prizes."  Additional coverage appeared on SIgnonSanDiego.
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

The Telegraph logo
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

U.S. News and World Report logo
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

Science Magazine logo
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

Voice of America logo
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

CNBC logo
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."