Faculty News

Prof. Hal Hershfield's research on the lack of retirement savings is featured

Excerpt from the Boston College Financial Security Project -- "Economists’ explanation for why people don’t save for retirement is that they “discount” the future, placing a higher value on today’s pleasures."
Faculty News

Prof. Scott Galloway's digital IQ ranking of prestige brands in China is featured

Excerpt from PR Newswire -- "Audi took the top rank in the second-annual Prestige 100®: China IQ, which measures the digital footprint of 100 prestige brands in China, the world's fastest-growing luxury market."  Additional coverage appeared on Newswise, MarketWatch, Betanews, StreetInsider.com, Yahoo! News, TheStreet.com, At the Center of it All, Newsblaze.com and Bradenton.com.
Faculty News

Prof. Amity Shlaes on fiscal stimuli

Excerpt from Brainerd Daily Dispatch -- “If a stimulus doesn’t take effect quickly, it isn’t really a stimulus, which is what Obama discovered after many millions of his 2009 spending package went unspent.”
Faculty News

Prof. Nouriel Roubini's economic predictions for China are highlighted

CNBC logo
Excerpt from CNBC -- "The big risk for Mongolia, however, remains its dependence on mining exports, especially to China. A crash landing for China’s economy forecasted by hedge fund investors such as Jim Chanos and economist Nouriel Roubini, could set back the country’s ambitious GDP growth targets."
School News

The NYU Stern Berkley Center's Leadership Team is featured as the 2011 Opel Award recipient

Excerpt from Washington Square News -- "For their dedication to New York's business community, the Stern School of Business's Berkley Center was presented the first-ever Outstanding Professionals for their Entrepreneurial Leadership award last week."
Faculty News

School News

The 2010 NYU Stern Business Plan Competition Winner, ToVieFor.com, is featured

The New York Observer logo
Excerpt from New York Observer -- "At the beginning, ToVieFor had incredible momentum. The startup won the $75,000 grand prize at NYU’s Stern School business plan competition, debuted at TechCrunch Disrupt and went on to make the cut into the first TechStars NY class that ended April 15"
Faculty News

A paper by Prof. Paul Romer on growth economics is referenced

Nightly Business Report logo
Excerpt from PBS Nightly Business Report -- "A recent paper by Stanford economists Paul Romer and Charles Jones summarizes the state of growth econ."
Faculty News

Prof. Samuel Craig on products commemorating the tenth anniversary of 9/11

TIME logo
Excerpt from TIME -- "You get the feeling that some of these items have an extremely tangential connection to 9/11, and they seem to want to trade on the event. ... At certain times, it feels excessive."
Faculty News

Prof. Jeffrey Carr on the need for mentors in the New York start-up scene

Excerpt from Xconomy.com -- “One of the hurdles New York City has is, as good as the tech scene is, you’ve got to get those people together.”  Additional coverage appeared on XYDO.com and NYConvergence.
Faculty News

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

Excerpt from Benzinga.com -- "The accounting control fraud recipe, as Akerlof & Romer warned, is a 'sure thing' – it produces record (albeit fictional) short-term income."
Faculty News

In an op-ed, Prof. Amity Shlaes discusses Frederic Bastiat's 1850 Paris campaign

Excerpt from Bloomberg -- "Bastiat noted that over time laws and lawsuits come to accrue more importance than the people and activities they govern."  Additional coverage appeared on Oregonlive.com, Projo.com, Journal Gazette, Powerlineblog, Bloomberg and Vancouver Sun.
Faculty News

Prof. Nouriel Roubini's warnings before the US housing crash are cited

Excerpt from Bloomberg -- "The challenge to the shortage numbers echoes warnings before the U.S. housing crash from doomsayers including New York University Professor Nouriel Roubini, 'The Black Swan' author Nassim Taleb, and Peter Schiff, chief executive officer of Euro Pacific Capital Inc."  Additional covereage appeared in Bloomberg Businessweek.
Faculty News

Prof. Roy Smith advises breaking up the big banks to avoid a recession

MarketWatch logo
Excerpt from MarketWatch -- "Fears of recession, tough trading conditions, an ocean of unresolved litigation and the worsening euro-zone mess have delivered a real pounding to bank stocks this summer. Former Goldman Sachs partner Roy Smith joins Mean Street to offer a solution: Break up the banks."  Additional coverage appeared on The Kevin Trudeau Show.
Faculty News

In an interview, Prof. Richard Sylla discusses predicting stock market performance

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "Richard Sylla, economic historian and professor of economics at New York University's Stern School of Business, talks with WSJ's E.S. Browning about his formula for predicting market performance."  Additional coverage appeared in Barron's, Dow Jones, Reuters, Business Insider and MarketWatch.
Faculty News

Vice Dean and Prof. Adam Brandenburger is cited for co-coining the term "co-opetition"

Excerpt from Sustainable Business Forum -- "Fifteen years ago Barry Nalebuff and Adam Brandenburger coined the term co-opetition to describe 'a revolutionary mind-set that combines competition and cooperation.'"
Faculty News

Nobel Laureate Prof. Robert Engle will speak on financial issues at a colloquium

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "Robert Engle (2003 winner), Christopher Pissarides (2010) and James Mirrlees (1996) will speak on "An Era of Macro and Micro Frictions"—issues facing asset managers, the labor market and younger generations."
Faculty News

Prof. Nouriel Roubini's book, "Crisis Economics," is highlighted

Excerpt from The Hindu Business Line -- "U, V, or W? No, this is not a test of your knowledge of the alphabet, but a question about recoveries, because they come in different forms, reflecting their relative vigour or sustainability, as Nouriel Roubini highlights in ‘Crisis Economics: A crash course in the future of finance'. A V-shaped recovery, he explains, is swift and vigorous."
Faculty News

Prof. Edward Altman on junk bonds

Forbes logo
Excerpt from Forbes -- "Ed Altman of NYU’s Stern School of Business, who proved prescient about junk bonds going into the crisis, says the current spread implies an annual default rate of around 6-7%."
Faculty News

Nobel Laureate Prof. Michael Spence on US job creation

Marketplace Logo
Excerpt from Marketplace -- "What makes the current situation so hard is that we're trying to solve a long-term problem with a very constrained fiscal situation."  Additional coverage appeared on Council on Foreign Relations and Boston.com
Faculty News

Prof. Menachem Brenner on the CBOE Volatility Index (VIX)

CNNMoney logo
Excerpt from CNNMoney -- "A lot of people look at the VIX as possibly a predictor of the market direction. I think that is totally wrong."
Faculty News

Prof. Michael Moses's fine art research is highlighted

Excerpt from Motley Fool -- "In a 2002 paper by New York University's Michael Moses and Jianping Mei, the authors reviewed more than 100 years of art sales by major auctioneers and found that art beats bonds, underperforms stocks, is less volatile, and has low correlation with other markets."
Faculty News

Prof. Laura Callanan is highlighted for participating in SOCAP11

Excerpt from Care2.com -- "This morning I attended the SOCAP11 'The Long View: What Institutional Investors Want Every Social Entrepreneur to Know.' It was a very popular session with roughly two hundred and fifty participants. The moderator and panelists represented institutional investors: Laura Callanan from McKinsey & Company ... "