Faculty News

Prof. Marcin Kacperczyk on the distinction between an investment fund and its manager

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Excerpt from The New York Times -- "One simple source of confusion is the distinction between a fund and its manager, said Marcin Kacperczyk, a finance professor at New York University. People often know and follow funds by name, even as managers come and go. Yet the manager can matter a lot."
Faculty News

Prof. Zur Shapira on purchasing multiple insurance policies

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Excerpt from The Wall Street Journal -- "Loading up on policies 'makes sense as a psychological phenomenon, but it doesn't make financial sense,' says Zur Shapira."
Faculty News

Prof. Paul Romer on the potential ROI from human capital investment

Excerpt from Cincinnati.com -- "New York University economist Paul Romer observes that investment in human capital, given its ability to continually innovate, has almost limitless potential returns."
Faculty News

Prof. Daniel Altman's participation in a discussion on Wall Street post-financial crisis, is cited

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Excerpt from BigThink -- "This past spring, Big Think convened a roundtable of distinguished economists moderated by Parag Khanna, that included Dambisa Moyo, Daniel Altman and Anand Giridharadas."
Faculty News

Prof. Nouriel Roubini says the US and other advanced economies are lapsing into recession

Excerpt from Bloomberg -- "Most advanced economies are lapsing into recession while the U.S. is already contracting, Nouriel Roubini, the economist who predicted the bubble in U.S. housing before the market peaked in 2006, said in New York last month."  Additional coverage appeared in Bloomberg Businessweek, CNBC, New York Post and MoneyControl.com.
Faculty News

Prof. Menachem Brenner on interpreting the VIX

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Excerpt from Barron's -- "In an interview, Brenner pointed out that it's hard to know what effect VIX options and VIX futures will have on the behavior of the VIX itself."  Additional coverage appeared on Dow Jones.
School News

NYU Stern Salomon Center will co-host a "Systemic Risk and Data Issues" conference

Excerpt from Economics Week -- "The Center for Financial Policy at the University of Maryland's Robert H. Smith School of Business will co-host a "Systemic Risk and Data Issues" conference, October 5-6, 2011, at the Ronald Reagan Building & International Trade Center, Washington, D.C. The Smith School has partnered with the Salomon Center for the Study of Financial Institutions at the NYU Stern School of Business ..."
Faculty News

Prof. Jonathan Haidt on political conservatism vs. liberalism

Excerpt from The Independent -- "The psychologist Jonathan Haidt argues that conservatism taps into more wellsprings of moral passion than liberalism, which gives the Right a powerful electoral advantage."
Faculty News

Profs Paul Romer and Luke Williams on innovation

Excerpt from the Innovation Investment Journal -- "'Ideas are the recipes we use to rearrange things to create new value and wealth,' Frog Design Fellow Luke Williams reading of economist Paul Romer. "
Faculty News

Prof. Amity Shlaes's book, "The Forgotten Man," is cited

Excerpt from Financial Post --"In her excellent book, 'The Forgotten Man,' Amity Shlaes notes that the 1932 tax increases were not the result of any 'fundamentalist' commitment to balanced budgets, but of fears about a run on the dollar."  Additional coverage appeared in The Phoenix and American Spectator.
Faculty News

Prof. David Poltrack commemorates Arthur C. Nielsen Jr.

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Excerpt from AdAge -- "While Nielsen today is a major public corporation, it is still imbued with the spirit of a proud family-owned business dedicated to the best principles and practices of the research profession."  Additional coverage appeared in the Associated Press.
Faculty News

Prof. Sharon Badal is cited for her support of director Hugo Fernandez

Excerpt from AddPR -- "Hugo’s screenplays had been cycling in industry circles and widely revered by film industry connoisseurs such as director/UCLA professor Philip Frank Messina, Tribeca Film Festival co-founder Sharon Badal ... "
Faculty News

An op-ed by Prof. Daniel Altman on Fed policy and Duvvuri Subbarao's recent NYU Stern speech

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Excerpt from BigThink -- "Last week my colleagues at New York University’s Stern School of Business hosted a lecture by the governor of the Reserve Bank of India, Duvvuri Subbarao, in which he openly sympathized with Bernanke’s plight. ... Flooding the economy with money is all Bernanke can do."
Faculty News

Prof. Viral Acharya on liquidity risk

Excerpt from RepoWatch -- "Liquidity risk – which was at the heart of the September 2008 financial meltdown and explains regulatory concerns about a Greek default today – remains an open issue in financial regulatory reform."
Faculty News

Prof. Scott Galloway on Steve Jobs's love-hate relationship with fame

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Excerpt from ABC News -- "He wasn't flaunting it like Donald Trump. ... He didn't do Architectural Digest. Do you even know what his wife looks like?"  Additional coverage appeared in Deseret News, Moneywatch and San Antonio Feeds!
Faculty News

Nobel Laureate Prof. Michael Spence's research on US job growth is referenced

Excerpt from The Economist -- " ... the vast majority of job growth has been in areas like education and health care, where productivity and wages are stagnant, a trend well documented by Michael Spence."  Additional coverage appeared in The Washington Post.
School News

Ryan Heller (MBA/MFA ’11) on NYU Stern and Tisch Kanbar’s dual MBA/MFA degree program for producers

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Excerpt from The Wall Street Journal -- "I felt the combination of these two degrees was going to make me a little more unique and give me that extra look for a job."
School News

Ariel Fish (MBA '10) on her positive experience at NYU Stern during the financial crisis

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Excerpt from The Wall Street Journal -- "In a way, the fall of '08 was a great time to be coming into business school. It gave me a little bit of protection. ... As much as [the mood] was uncertain, it was also very hopeful that things would change by the time we graduated."
Faculty News

Prof. David Poltrack on word-of-mouth vs. social media advertising for TV

Excerpt from GigaOm -- “If the conversation is on the Internet instead of in the workplace, you can immediately go and find that show."
Business and Policy Leader Events

Sir John Vickers Discusses the Vickers Report at NYU Stern

NYU Stern Salomon Center Hosted Sir John Vickers who discussed the proposed financial regulation set forth by the UK's Independent Commission on Banking. Following his speech, he joined a panel discussion led by Gillian Tett, US managing editor of the Financial Times; James Staley, CEO of JP Morgan's investment bank; and Ingo Walter, Seymour Milstein Professor of Finance, Corporate Governance and Ethics, and Vice Dean of Faculty.
Press Releases

Center for Measurable Marketing Studies the Impact of Social Media on Store Traffic

NYU Stern’s Center for Measurable Marketing Proves that Social Media Drives More Retail Store Traffic than Traditional Media
Faculty News

Prof. William Baumol is cited for his separate definitions of invention and innovation

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Excerpt from Forbes -- "We should divide 'technological advance' into two sections, as William Baumol (the goto economist on these matters) does. In his definitions, there is invention, which is the creation of spiffy new things. There is also innovation, which is using either these spiffy new things to do interesting things"
Faculty News

Prof. Nouriel Roubini on the ECB's policies

Excerpt from Bloombrg TV -- "Credibility means you decide, and then you speak. Today in the eurozone it's the opposite - everybody is talking, there's a cacophony of voices, and no decision is being taken."  Additional coverage appeared in The Washington Post, The Australian, Business Spectator, Dario Economico, five Bloomberg pieces, three Bloomberg Businessweek pieces, TIME, CNBC and The Wall Street Journal.
School News

Dean Henry will participate in an Q&A with Gordon Brown at a NYU Abu Dhabi Institute event

Excerpt from Middle East Events -- "Brown will answer questions from the Dean of the Stern School of Business at NYU, Peter Henry, a leading economist and financial observer, before taking questions from the audience."