Faculty News

Cantor Fitzgerald Chairman and CEO Howard Lutnick on Prof. Amity Shlaes's book, "The Forgotten Man"

Crain's New York logo
Excerpt from Crain's New York Business -- “We all know about the Depression, but there's so much about it that's new to us and which we can learn from if we only take a look."
Faculty News

In an op-ed, Nobel Laureate Prof. Thomas Sargent says Europe can learn a lesson from US history

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "It was by refusing to bail out the states a second time in the 1840s that the United States preserved its federal system, with substantial fiscal independence for state governments. Facing a similar moment, Europe might learn from our experience."
Faculty News

Prof. Aswath Damodaran on the S&P's implied equity risk premium

Excerpt from BVWire News -- "Professor Aswath Damodaran (NYU Stern School of Business) has just updated the implied equity risk premium (ERP) for the S&P 500 to 6.04% at the start of 2012, up from 5.20% at the start of last year."
Faculty News

Prof. Aswath Damodaran on how to value a brand

Excerpt from Business2Community.com -- "Damodaran noted that the key number driving the valuation is the companies’ operating margins — Coca-Cola’s margin is 15.57%, while Cott’s is 5.28%."
Faculty News

Prof. Stephen Brown's research on hedge fund managers is referenced

Excerpt from The Columbia Star -- "According to research from New York University’s Stern School of Business, as reported in The Columbia Star in late 2009, one in five hedge fund managers misrepresents her (or his) fund or its performance to investors during formal due diligence investigations."
Faculty News

Prof. Arjun Mathrani is cited as a member of the Principal Financial Group Inc.'s board

Associated Press logo
Excerpt from Associated Press -- "The appointment increases the Principal board to 12 members until the May annual meeting, when board member Arjun Mathrani plans to retire returning the board back to 11."
Faculty News

Prof. Joe Magee on questions to ask your boss in order to boost your success at work

Excerpt from Professional Manager -- "10 questions is all it takes to give you crucial insight into your boss and boost your success at work, says professor Joe Magee of New York University’s Stern School of Business."
Faculty News

Prof. Jonathan Haidt on the psychological underpinnings of our culture

Excerpt from Bill Moyers -- “When it gets so that your opponents are not just people you disagree with, but… the mental state in which I am fighting for good, and you are fighting for evil, it’s very difficult to compromise."
Faculty News

Research Scholar Robert Frank on taxing the wealthy

Excerpt from Justia Verdict -- "In addition, as the economist Robert Frank pointed out in a column in last Sunday’s 'New York Times,' charging relatively high tax rates on wealthy people’s income—regardless of its source—will not discourage them from trying to earn more money, so long as the tax rates apply uniformly to all rich people."
Research Center Events

NASDAQ DRP Research Day Conference 2012

NYU Stern’s Salomon Center holds its annual NASDAQ DRP Research Day Conference where Stern’s finance faculty will present research. New this year will be a panel discussion on the current state of the world economy and financial system.
Faculty News

In an op-ed, Prof. Amity Shlaes says to lower taxes on the rich

Excerpt from Bloomberg -- "Voters have no reason to endorse a tax cut that’s not for them. The group that pays high rates represents an electoral minority."
Faculty News

Prof. Scott Galloway and L2's five predictions for the "Prestige 100 brands" are featured

Excerpt from Portfolio.com -- "Get to know Tumblr, Instagram, and Pinterest. Several emerging platforms offer visual opportunities that fit hand in glove with most prestige brands' digital marketing strategies, says L2."
Faculty News

Prof. Bryan Bollinger's research on the diffusion of solar panels is featured

Excerpt from RenewableEnergyWorld.com -- "At the street level, the study found that a one percent increase in installed solar leads to a nine percent increase in the street adoption rate."
Faculty News

Nobel Laureate Prof. Robert Engle on calculating systemic risk

Excerpt from AGEFI Weekly -- "Instead of having to weight each asset, we should look at all the business in the portfolio of a bank and calculate its risk. The advantage is to take into account the correlation between assets and their volatility (French to English translation)."
Faculty News

Prof. Luis Cabral on economic reforms in Portugal

The New York Times Logo
Excerpt from The New York Times -- “Economic reforms of this sort take a long time to produce results ... it is likely that Portugal will need longer debt repayment terms or simply additional bailout funds." Additional coverage appeared in The International Herald Tribune.
Faculty News

Prof. Jonathan Haidt's book, "The Righteous Mind," is highlighted

Excerpt from Reason.com -- "'The Chronicle of Higher Education,' in advance of the publication of [Haidt's] brilliant (I have had the pleasure of reading the galleys) new book, 'The Righteous Mind: Why Good People Are Divided by Politics and Religion,' muses at his provocative notion of affirmative action for conservative scholars in academic psychology. " Additional coverage appeared in Science 2.0 and on Boston.com.
Faculty News

Prof. Nouriel Roubini's views on Russia are cited

Foreign Policy logo
Excerpt from Foreign Policy -- "Nouriel Roubini and I both used the [Davos] conference to announce Russia shouldn't be a BRIC -- the response was very positive."
Faculty News

Nobel Laureate Prof. Michael Spence comments on President Obama's proposal to create US jobs

The New York Times Logo
Excerpt from The New York Times -- “We’re not going to get very labor-intensive, relatively low-skilled jobs in America, and I don’t think we want them. But sometimes it makes sense to have a little help developing technologies that will make us competitive. And sometimes public support for upgrading workers’ skills makes sense.” Additional coverage appeared in CNBC.
Faculty News

Prof. Stephen Brown is featured for his research on operational risk in hedge funds

Excerpt from Opalesque -- "Professor Stephen Brown describes how his recent research reports into operational due diligence have shown that operational risk is the 'disease' that plagues hedge funds and funds of funds, and accounts for low market-adjusted returns along with many of the fund failures that occurred in 2008."
Faculty News

Prof. Nouriel Roubini is highlighted for his global economic forecasts

The New York Times Logo
Excerpt from The New York Times -- "Roubini, now one of the world’s most visible economic thinkers, has a similar view, though he sees the timing differently, with the worst coming in 2013 or 2014, when China will face a situation like the one the United States experienced in 2008."
Faculty News

Nobel Laureate Prof. Michael Spence on having a portfolio of employment opportunities

Excerpt from Bloomberg -- “It is fine to have low-skilled jobs as part of the mix or portfolio of employment opportunities. ... It is better than no jobs. But the mix is important too." Additional coverage appeared in Bloomberg Businessweek.
Faculty News

Prof. Thomas Cooley on Greek debt

CNC World logo
Excerpt from CNC World -- "A lot of hedge funds bought Greek debt that's maturing in March, in the hope that they bought it at deep discounts, in the hope that it would be paid out something close to par and that they would make a quick killing."
Faculty News

Prof. Eric Greenleaf on identifying suitable sites for new elementary schools in lower Manhattan

Excerpt from Downtown Express -- “We need to be thinking about the long term. Once you’ve sold off a building it’s gone and it’s so hard to find a good building site Downtown for a school.”