Faculty News

Prof. Rosa Abrantes-Metz on Libor

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Excerpt from Bloomberg -- “'Libor is just the beginning,' said Rosa Abrantes-Metz, an economist with New York-based consulting firm Global Economics Group Inc., an associate professor at New York University’s Stern School of Business and co-author of 'Libor Manipulation?' a paper published in August 2008."
Faculty News

Prof. Gian Luca Clementi participated in DealBook's Post-Election Conference

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Excerpt from The New York Times -- "Fixing Europe will not be easy or fast, according to the panel’s members. Mr. Clementi says that he isn’t expecting the demise of a European nation or a 'catastrophe' anytime soon, but he thinks that an Italy or a France or a Spain will suffer from what he calls a depression."
Faculty News

Prof. Anthony Saunders on global bank regulation

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Excerpt from the Australian Financial Review -- "'Why should you invest in a bank when the return on equity will be so low?' Professor Saunders said in a speech to a Financial Services Institute of Australia conference. 'Why not just invest in a public utility like a gas company?'"
School News

CourseHorse, winner of the 2010-2011 Entrepreneurs Challenge, is featured

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Excerpt from Forbes -- "CourseHorse, winner of the 2011 New Venture Competition, recently raised $500,000 in a seed funding round and launched a co-branded site with Time Out New York."
Faculty News

Prof. Sam Craig on Pepsi's partnership with Beyoncé

Excerpt from the New York Daily News -- "'Letting the talent be part of the process and letting her connect with the audience achieves that and moves beyond her simply being a puppet,' added Craig, director of the Entertainment, Media and Technology Program at NYU's Stern School of Business."
Faculty News

Prof. Marti Subrahmanyam participated in a Forbes panel on innovation in financial services

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Excerpt from Forbes -- "My co-host in the discussion about financial innovation was Prasad Chintamaneni, the head of global markets, banking and financial services at Cognizant. We were joined by Raj Dhinsa, a managing principal at Verizon's financial services practice, Marti Subrahmanyam, the Charles E. Merrill professor of finance at Stern School of Business at New York University and Steven Liles, a senior vice president of enterprise automation and innovation at BB&T Corp. in Winston-Salem, N.C."
News

Prof. Robert Engle on why pension funds, climate change and Europe are hidden risks to the market

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Excerpt from Fox Business -- "I think that we should be paying more attention to Europe. I think that the attention we're paying to the fiscal cliff is not actually productive. In fact, it's leading to polarization of positions that have to be negotiated in private and the less I hear from Washington, the better I like the fiscal cliff."
School News

SunCulture, Audience Choice Award winner of the 2010-2011 Entrepreneurs Challenge, is featured

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Excerpt from Forbes -- "All entrepreneurs are inherently risk-takers, but some are willing to go above and beyond for an idea they believe in. NYU Stern alumnus Samir Ibrahim and serial entrepreneur Charles Nichols, winners of the Audience Choice Award at the 2011-12 Entrepreneur’s Challenge fit this description perfectly."
Faculty News

Prof. Arun Sundararajan on regulation in the sharing economy

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Excerpt from TechCrunch -- "For Sundararajan, the sharing economy provides a way for real-world assets to be disaggregated in space and time and repackaged into standalone services. That’s disrupted the scope of what can be disrupted by digital tools, and allows people to time-share goods that would otherwise go unused at certain times."
Faculty News

In an op-ed, Research Scholar Robert Frank explains why the fiscal cliff is a fiscal slope

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Excerpt from The New York Times -- "Getting to January without a deal would cause anxiety that everyone wants to avoid — especially Republicans, since opinion polls suggest that most voters will blame them if negotiations break down. But the president and Republicans would prefer to reach agreement now on whatever they would be willing to agree to after new year."
Faculty News

Prof. David Backus on the manufacturing and housing job sectors

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Excerpt from the Huffington Post -- "'Manufacturing and housing are the most cyclical sectors of the economy,' said David Backus, chair of the economics department at NYU's Stern School of Business. 'What you see in a typical recession is that they're going to go down a lot and then they're going to go back up a lot. The latter hasn't happened yet.'"
Press Releases

NYU Stern Hosts Inaugural India Business Forum in Mumbai on January 11, 2013

On January 11, 2013, New York University Stern School of Business will convene its faculty thought leaders and some of India’s top corporate leaders and policymakers for a full-day event entitled, “India in the 21st Century: From Potential to Progress.” The participants will investigate the unique opportunities and challenges facing India, an emerging market leader and driving force in the global economy.
Business and Policy Leader Events

Distinguished Citi Fellow Mindy Lubber of Ceres Challenges Students to Change the World

Distinguished Citi Fellow in Leadership & Ethics Mindy S. Lubber, president and founding board member of Ceres, a nonprofit organization that advocates for sustainable business and investment practices, spoke candidly with MBA and undergraduate students this fall.
Faculty News

Prof. Jonathan Haidt's research on the effects of emotions on experience is featured

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Excerpt from Science Daily -- "Research on the experience-altering nature of emotion has typically focused on nonperceptual experience, such as changes in cognitive appraisals. It is clear, however, that these influences extend to perception,' the researchers conclude."
Faculty News

Prof. Robert Engle on the volatility of the financial markets

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Excerpt from Bloomberg -- "When you look at the volatility numbers, what you see is actually very surprising. Volatility has been declining of broad market assets like the S&P and the Dow and so forth in the US but also in Europe."
Faculty News

Prof. Nouriel Roubini's postive outlook on Greece is featured

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Excerpt from the Wall Street Journal -- "'To keep Greece in the euro zone, effectively you need a transfer union, you have to realize that the problems of Greece are long-term, it’s going to take 10 to 20 years to do the austerity and the reform to stabilize Greece and therefore you have to give money and you have to be patient,' Mr. Roubini said."
Press Releases

Ceres’ Mindy Lubber to Serve As Stern Citi Leadership & Ethics Distinguished Fellow

Marking its tenth year, NYU Stern’s Citi Leadership & Ethics Program appointed Mindy S. Lubber, president and founding board member of Ceres, a nonprofit organization that advocates the adoption of sustainable business practices, as its 2012-2013 Distinguished Citi Fellow in Leadership and Ethics.
Faculty News

Prof. Nouriel Roubini on the fiscal compact in the eurozone

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Excerpt from Bloomberg -- "'Next year we are also going to have austerity in the core of the euro area because the newly agreed fiscal compact says that even Germany, Netherlands, Belgium, Finland and Austria have to cut their deficits,' Roubini told reporters at a conference today in Berlin organized by IG Metall, Germany’s biggest trade union."
Faculty News

Prof. Arun Sundararajan on peer-to-peer car sharing

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Excerpt from USA Today -- Now that RelayRides and other companies are starting to inch beyond San Francisco, ride sharing has gone from "niche" to "on its way to becoming mainstream," says Arun Sundararajan, a professor at New York University's Stern School of Business.
Faculty News

Prof. Belén Villalonga on family-controlled public companies

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Excerpt from Forbes -- "'Family ownership is actually good,' Villalonga told me. 'It’s better having power more concentrated, and owners more committed."
Faculty News

Profs Haidt, Roubini & Romer highlighted for being in Foreign Policy's Top 100 Global Thinkers list

Excerpt from Bloomberg BusinessWeek -- "Nouriel Roubini, Jonathan Haidt, and Paul Romer, professors at New York University’s Stern School of Business, were each named one of Foreign Policy magazine’s top 100 Global Thinkers for 2012 (@NYUStern, 11/26)."
Faculty News

Prof. Steven Koonin on NYU's Center for Urban Science and Progress

Excerpt from the New York Daily News -- "CUSP will address the challenges facing cities, including infrastructure, tech integration, energy efficiency, transportation congestion, public safety and public health, Koonin said."
Faculty News

Prof. William Silber's book, "Volcker: The Triumph of Persistence," is named a best book of 2012

Excerpt from Bloomberg -- "Silber delivers just the right amount of human portrait to make his main story engrossing: how the U.S. left the gold standard at the start of the 1970s; how it simultaneously lost control of inflation; and how it regained monetary credibility under Volcker’s Fed chairmanship from 1979 on."
Business and Policy Leader Events

Former Prime Minister Gordon Brown Stresses the Need for International Coordination to MBAs

“We are currently living through the most dramatic shift in global economic history,” argued The Right Honorable Gordon Brown, former prime minister of the United Kingdom and NYU’s first Distinguished Global Leader-in-Residence. As part of NYU Stern’s Block Lunch event series, hosted by Dean Peter Henry, Brown spoke to more than 100 MBA students this week.
Faculty News

In an op-ed, Prof. Arun Sundararajan recommends deregulating digital taxi services

Excerpt from the New York Daily News -- “The city has taken important strides towards becoming a tech-friendly place... Now it’s time for City Hall to take its tech-friendliness further and deliver more of its benefits to the average New Yorker. Deregulating digital taxi services would be a good place to start.”