Experience Stern | News & Events

Excerpt from CBS Moneywatch -- "Two and a half years ago, … the World Bank approached the Nobel laureate Michael Spence to ask him to lead a high-powered commission on economic growth."

Excerpt from Newswise -- "In three separate experiments, researchers found that high-status people tended to trust people more in initial encounters than did people with lower status."

Excerpt from The Wall Street Journal -- "New York University professor of economics Nouriel Roubini called for Greece to 'voluntarily exit the euro zone and return to the drachma' to escape a vicious cycle of insolvency, low competitiveness and ever-deepening depression."  Additional coverage appeared on FOX Business.

Excerpt from Bloomberg Businessweek -- "The reality is every time you invest in stocks you’re taking an implicit stance on the equity risk premium."

Excerpt from The Huffington Post -- "Restructuring Greek debt would cost the European Union just over $100 billion, according to NYU economist Nicholas Economides."

Excerpt from Bloomberg TV -- “The question is, will the recession be mild or severe? We are running out of policy bullets.”  Additional coverage appeared in The Washington Post.

Excerpt from The Wall Street Journal -- "Michael Spence, a Nobel Laureate economist at New York University, said the new finding reflected how prevailing theories of trade aren't up to the task of dealing with the breakneck pace of China and other developing economies. Since the world has never seen such large countries grow so quickly, history isn't much of a guide."  Additional coverage appeared on a CNN blog.

Excerpt from The Wall Street Journal Europe -- "We propose that these objectives can be accomplished by creating 'European Safe Bonds' (ESBies) that banks can hold and that the ECB would accept as collateral. Such bonds would help meet the worldwide hunger for safe assets, particularly in times of crisis, when investors seek a safe haven."

Economists and policy makers from the G20 countries gathered at NYU for a two-day, deep-dive on employment this September. Hosted by NYU Stern and the Indian Council for Research on International Economic Relations (ICRIER), and with support from the World Bank, the workshop entitled, “Employment – Global and Country Perspectives,” explored a number of trends and issues.

Researchers studying information in networks gathered at NYU Stern for the third annual Workshop on Information Networks (WIN) Summit, organized by Sinan Aral, assistant professor of information, operations and management sciences; Arun Sundararjan, associate professor of information, operations and management sciences; and Foster Provost, professor of information, operations and management sciences.

Excerpt from The Wall Street Journal -- "I believe that every student, no matter how rich or poor they are, should have the ability to travel and get a new perspective of the world."

Excerpt from Bloomberg -- "A rate of '4 to 6 percent is the short-term comfort range' for inflation, Subbarao said yesterday in remarks at New York University’s Stern School of Business."  Additional coverage appeared on Bloomberg, Reuters, Livemint, The Telegraph, Economic Times, India Infoline, Domain-B, Indian Government News, two India Banking News pieces, Finet International, Asia Pulse, Financial Express, MyDigitalFC.com and IndianExpress.com.

Third Annual WIN Conference at NYU Stern Explores Value of Networking Technologies and Data for Medicine, the Military, Marketing and More on September 30-October 1, 2011

Excerpt from All Things Digital -- "AOL Music’s most recent boss has left the company after a year. Jeff Bronikowski is now heading up corporate development and strategy for Echo Nest, a Boston-based startup that provides data for streaming music companies."  Additional coverage appeared on CMU Unlimited.

Excerpt from Crain's New York Business -- "Jeffrey Carr, executive director of the Berkley Center for Entrepreneurship & Innovation at NYU's Stern School of Business, is teaching in Colombia in September and in India in January, and says he has had 'a lot of requests from Chinese universities about setting up entrepreneurship programs there.'"

Excerpt from FXStreet.com -- "Another result of the zero interest rate world was the earlier investor rush to junk securities in their zeal for higher yields. That drove the spread between junk bonds and Treasurys from its 20 percentage point peak in December 2008 almost back to the previous low in June 2007, according to our friend, Prof. Ed Altman of NYU."

Excerpt from Bloomberg -- "Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC, speaks at the Bloomberg Dealmakers Summit in New York, on Sept. 27, 2011."  Additional coverage appeared in two Bloomberg pieces and TheStreet.com.

Excerpt from New York Post -- “The way I see the global economy, I think we’re entering into a recession again in most advanced economies.”  Additional coverage appeared in three Bloomberg pieces, four Bloomberg Businessweek pieces, an Economist blog, The Huffington Post and Forbes.com.

NYU Stern alumnus Mike Indursky (MBA ’90), president of Bliss World Holdings Inc., recently sat down with a group of MBA students through the School’s Leadership Luncheon Series. Indursky shared what he called, “Lessons Learned through a Career of Self-Discovery and Self-Actualization.”

Excerpt from Xinhua -- "We have a fragile recovery in America and difficulty in Japan, but Europe has the danger of really having a major crisis either in the banking system or in general."

Excerpt from Reuters -- "White noted that the SEC's investigation of S&P follows steps by Congress in the Dodd-Frank Act to make the agencies more responsible for their judgments."

Excerpt from The Japan Times -- "Nobel laureate Michael Spence in his recent seminal work has shown that the United States has not created jobs in the tradable sectors of the economy — basically manufacturing — for 20 years and that job creation has come in the less productive sectors."  Additional coverage appeared in Bahamas Tribune.

Excerpt from BigThink -- "Chinese incomes are a lot lower than American incomes right now. Even if they were to rise to the level of Korean incomes right now it would still be a pretty close match between the US and China for which was the biggest economy in the world."

Excerpt from Revamp.com -- "A three-day affair designed to allow shoppers to engage with the best of the Fall/Winter 2011/2012 season collections at various stores inside the posh Northern Virginia mall, this year’s festivities began with an engaging panel on Thursday evening featuring Washington Post Fashion Washington Editor-in-Chief Jennifer Barger, Ogilvy Senior Veep Rohit Bhargava, The Luxury Marketing Council founder Gregory Furma ... "