Faculty News

Faculty News

Prof. Joel Rubinson on belief repositories

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Excerpt from Business Insider -- “Belief repositories are fueled by hard evidence but can lead marketing teams to make investments where no experiment or marketing mix model has yet been run.”
Faculty News

Prof. Aswath Damodaran on stock yields

The Gobe and Mail logo
Excerpt from The Globe and Mail -- "According to data from New York University finance professor Aswath Damodaran, the average earnings yield for the S&P 500 from 1960 to 2010 was 6.86 percent."
Faculty News

Prof. Nouriel Roubini is highlighted for his views on China

Forbes logo
Excerpt from Forbes -- "Famous names like Paul Krugman and Nouriel Roubini are highly cautious on China, and well known CNBC guest and hedge fund manager, Jim Chanos, has been whistling by China’s grave before the dead body even arrives." Additional coverage appeared in another Forbes piece.
Faculty News

Prof. Richard Sylla on the oldest US bank

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Excerpt from Boston Globe -- ‘‘My personal view is we ought to regard Bank of New York as the oldest bank. The other two banks, North America and Massachusetts, were taken over by others, and so they have less of a claim to ‘oldest US bank.'"
Faculty News

In an op-ed, Prof. Nouriel Roubini says policy makers must start making the tough decisions

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Excerpt from Financial Times -- "If the world’s biggest economies continue to play the same game and try to kick the cans further down the road for another year, the cans will become bigger and heavier and eventually hit a brick wall." Additional coverage appeared in Reuters blog, CNBC, and Handelsblatt.
Faculty News

Prof. Stephen Figlewski on volatility

Excerpt from The Options Insider -- "Volatility Viewpoint: Mark and Don discuss volatility with Stephen Figlewski, Professor of Finance at NYU's Stern School of Business, founding editor of the Journal of Derivatives, and Director at the Nasdaq OMX Derivatives Research Project."
Faculty News

Prof. Jennifer Bergenfeld will lead a webinar on the best practices to follow when advising a CEO

Excerpt from Wireless News -- "The webinar is led by an expert on general counsel best practices for advising their CEO, Jennifer Bergenfeld (Professor, New York University's Stern School of Business), and focuses on: Everything you need to know in 60 minutes about best practices for general counsel to follow when advising their CEO. ... "
Faculty News

An interview with Prof. Scott Galloway on the patent-infringement ruling against HTC

Excerpt from Bloomberg TV -- "I think the endgame here isn't against HTC and it's not to keep certain HTC phones out of the US, I think largely they're looking for the entree and the legal justification to go after all Android phones which arguably, legally this now sets a precedent for."
Faculty News

Prof. Jonathan Haidt on social disgust

Excerpt from Business2Community.com -- "Social disgust can then be understood as the emotional reaction people have to witness­ing others moving 'down,' or exhibiting their lower, baser, less God-like nature." Additional coverage appeared in 435 South Magazine.
Faculty News

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

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Excerpt from The Atlantic -- "Liberals should not, as Jonathan Haidt argues in his forthcoming "The Righteous Mind," condescend to conservatives or ignore the advantages of their lifestyles."
School News

A discussion between Prof. Nouriel Roubini & journalist Roberto Saviano at NYU Stern is featured

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Excerpt from The Huffington Post -- "The Roubini-Saviano panel was not a night of stringent, economic analysis, but very trenchantly Saviano, the brave, provided an overview of criminal activities by "legitimate" financial institutions, who in many instances share the same ignorance towards the law as organized crime."
Faculty News

Prof. Lawrence White says banks should use capital as the buffer against losses

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Excerpt from CNNMoney -- "Capital is the buffer that protects banks against losses. Something north of 10% would be much better and much safer." Additional coverage appeared in WMUR.
Faculty News

An op-ed by Nobel Laureate Prof. Michael Spence on the US trade deficits

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Excerpt from Project-Syndicate -- "In the US, productivity deficiencies have led to a pattern of disconnection from global supply chains. So the challenge for America is not only to restore productivity, but also to restore its links to the main currents of world trade." Additional coverage appeared in China Daily, NEurope.eu and Today's Zaman.
Faculty News

Prof. Paul Romer's research on accounting fraud is cited

Excerpt from Benzinga -- "As George Akerlof and Paul Romer explained in their famous 1993 article ('Looting: the Economic Underworld of Bankruptcy for Profit'), accounting control fraud is a 'sure thing.'"
School News

NYU Life Trustee & Emeritus Chair of the Overseers Henry Kaufman & Prof. Nouriel Roubini are cited

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Excerpt from Reuters -- "Kaufman earned the sobriquet Dr. Doom in the 1970s - long before Nouriel Roubini acquired the title in recent years. Like Roubini, Kaufman was prescient in his warnings about excessive debt in the financial system." Additional coverage appeared in WKZO, The Huffington Post, Reuters India, and CNBC.
Faculty News

Prof. Nouriel Roubini's views on the global financial crisis are cited

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "Interventionist economists like Paul Krugman ("The Return of Depression Economics and the Crisis of 2008") and Nouriel Roubini ("Crisis Economics") say that we haven't borrowed enough to get out of a crisis brought on by too much borrowing."
Faculty News

Prof. Arun Sundararajan will speak at the Indian Institute of Management, Kozhikode

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Excerpt from Times of India -- "The list of distinguished speakers at the conference includes Prabuddha De ( Purdue University), Varghese S Jacob (Texas Dallas), Sridhar Narsimhan (Georgia Tech), Arun Sundararajan (Stern Business School), and Sumit Sarkar (Texas Dallas)."
Faculty News

Research Scholar Robert Frank on status emulation

The Gobe and Mail logo
Excerpt from Globe and Mail -- "'All consumption norms are local,' writes Mr. Frank. '… The important practical point is that when the rich build bigger, they shift the frame of reference that shaped the demands of the near rich, who travel in the same social circles … and so on, all the way down.'" Additional coverage appeared in the Times Union blog.
Faculty News

Prof. Paul Wachtel on the US and Japanese economies

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Excerpt from The Wall Street Journal Japan -- "The U.S. and Japan are also different immigration policies. In the United States, including the influx of highly educated immigrants, young and still growing population, has been the driving force for the U.S. economy" (Japanese to English translation).
Faculty News

Prof. Marcin Kacperczyk's research on sin stocks is highlighted

Excerpt from SmartMoney -- "Some research has found that the best-performing stocks over long periods are in the 'sinful' categories like tobacco, says Marcin Kacperczyk, an assistant professor of finance at New York University's Stern School of Business."
Faculty News

Prof. Thomas Philippon on European debt

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Excerpt from Agence France Presse -- "'The French banks, for example, will no longer buy Italian debt. They did it once, not twice,' warned Thomas Philippon, a professor at Stern School of Business (French to English translation)."  Additional coverage appeared in AWP Swiss News.
Faculty News

Executive Board Member & Prof. Richard Bernstein offers investment advice for 2012

USA Today logo
Excerpt from USA Today -- "Buy U.S. small-company stocks. These volatile and economically sensitive stocks will work well and outperform if the dreaded 'double dip' recession doesn't occur, Bernstein says." Additional coverage appeared in another USA Today piece, MSN Money and MoneyShow.com.
Faculty News

Prof. Scott Galloway's Digital IQ rankings of European specialty retailers is featured

Excerpt from PRWeb -- “While European retail growth is off 2.3 percent year-on-year, the e-commerce channel is expected to grow at 12.2 percent annually.”
Faculty News

Prof. Matthew Richardson on the regulation of the derivatives market

Reuters logo
Excerpt from Reuters -- "What they’re struggling with both here and abroad is being able to differentiate between risk mitigation and risk taking. We will probably have a second-best solution that will decrease the amount of derivatives in the world, but maybe that’s the best we can do."