Experience Stern | News & Events

Excerpt from The Huffington Post -- "Among policymakers and investors alike, the sense has taken hold that a pair of European rescue funds -- collectively holding perhaps $1 trillion in lending capacity -- are insufficient to assuage the market's fears. Bailing out Spain and Italy could absorb four times that sum, according to Roubini." Additional coverage appeared in Bloomberg TV, New Zealand Herald, Proactive Investors, The Telegraph, Reuters, Bloomberg, Irish Times, The New York Times and Bloomberg Businessweek.

Excerpt from The New York Times -- "Higher spending on many forms of public consumption would produce clear gains in satisfaction for the wealthy. It’s reasonable to assume, for example, that driving on well-maintained roads is safer and less stressful than driving on pothole-ridden ones."

Excerpt from Associated Press -- "The euro zone 'could be a slow-motion train wreck,' Roubini said." Additional coverage appeared in CBS News, Bloomberg Businessweek, Bloomberg, The Wall Street Journal and CNBC.

Excerpt from Fortune -- "Spence points to Germany as a model where manufacturing makes up about 30% of its GDP compared to only 16% for the U.S. Germany focuses on high-end products that have appeal in global markets."

Excerpt from NDTV -- In an exclusive interview, Nobel Laureate Professor Michael Spence says India can achieve nine percent economic growth.

Excerpt from Techdirt.com -- "Economist Paul Romer's famous research really showed how knowledge and information as a resource is what creates economic growth."

Excerpt from Reuters -- "It seemed [Pandit] was saying that we should measure the riskiness of a bank's portfolio based on some benchmark portfolio and not by whatever the bank is doing. That doesn't make any sense at all."

Excerpt from The New Zealand Herald -- "In his excellent new book Winning Investors Over, Baruch Lev of New York University's Stern School of Business writes that 'the lonely CEO often faces a `team of rivals', sometimes adversaries.'"

Excerpt from The Gulf Today -- “When I heard of my achievement, my initial reaction was that it was unbelievable. I was just delighted. I had been working extremely diligently for the last two years and my hard work had finally paid off.”

Excerpt from The Jakarta Post -- "Spence said the US now has a broad understanding of the structural changes it needs to make in the medium and long terms to get the economy back on track. But politics poses an obstacle."

Excerpt from TIME blog -- "Raghubir and Srivastava’s results—what they’ve described in previous research as the 'denomination effect'—are consistent with an idea we’ve discussed several times: mental accounting. Small bills tend to get assigned to something like a mental petty cash account, and so we’re willing to spend them on petty things." Additional coverage appeared in Business Insider.

Excerpt from CNC World -- "I think there is some substance to the idea that the United States economy is starting to recover. Unemployment has been dropping for the last few months. The housing market may be stabilizing."

Excerpt from Metro New York -- " ... Nouriel Roubini and Lawrence White at NYU do not believe 'government needs to provide more stimulus to create jobs and prosperity' as you assert as 'reality.' In fact, they believe the opposite ... "

Excerpt from Bloomberg -- "From Social Security to Iranian nuclear power, Gingrich articulates better than any other candidate what’s wrong with U.S. policy and how to change it." Additional coverage appeared in San Francisco Chronicle.

Excerpt from Bloomberg -- "China’s economy will slow in 2012, prompting policy makers to reduce interest rates and ease lending restrictions, Nouriel Roubini, an economist who predicted the 2008 financial crisis, said last week."

Leading academics and marketing professionals from around the world convened for NYU Stern’s Center for Measurable Marketing conference. Attendees explored the latest research on social media metrics, social media’s impact and the integration of social media into the marketing mix.

Excerpt from Associated Press -- "Nouriel Roubini, Professor of Economics and International Business, Leonard N. Stern School of Business, New York University speaks during a panel session on the first day of the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland." Additional coverage appeared in Financial Times blog, CNN blog, Business Insider, and The New York Times Dealbook blog.

Excerpt from Reuters -- "Having 15 percent tax on carried interest, or capital gains or dividends, is something that is creating a wedge in the country, so that's an issue that has to be addressed. So politically it's going to help Obama this year."

Excerpt from Foreign Policy -- "I felt quite positive about Indonesia when I visited there recently, and I am going to go soon again. Another rising power outside of the BRICS is Turkey. It is rising economically and flexing its diplomatic muscle throughout the Middle East."

Excerpt from Downtown Express -- “A lot of the people who were going to pre-k at P.S. 89 that were put into the 276 [due to the rezoning] preferred going to 276 because it was closer to where they lived."

Excerpt from Bloomberg TV -- "Martin Sorrell, chief executive officer of WPP Plc, Paul Walsh, CEO of Diageo Plc, and Michael Spence, a 2001 Nobel Prize winner, talk about investing in emerging markets and Western Europe, and the outlook for the US and European economies in 2012."

Excerpt from BigGovernment.com -- "Nobel Prize-winning economist Michael Spence and co-author Sandile Hlatshwayo estimate that from 1990 to 2008 all net job creation has been in the 'non-tradable sector,' chief among them health care and government jobs."Excerpt from BigGovernment.com -- "Nobel Prize-winning economist Michael Spence and co-author Sandile Hlatshwayo estimate that from 1990 to 2008 all net job creation has been in the 'non-tradable sector,' chief among them health care and government jobs."

Excerpt from This is Money -- "Nobody knows how well we’re going to respond both on the public and private-sector side and restore competitiveness. Does his set of policies do it? My answer would be no."

Excerpt from The Huffington Post -- "It can help households and businesses make decisions and make fewer decisions that are costly. [Americans] won't be buying houses they can't afford, or businesses won't be hiring workers they have to fire later."

Excerpt from NY1 -- "There have been some dissents to a tentative settlement that's been announced. Mr. Schneiderman was one of the dissenters. This may be an effort to try to bring him back into the fold, see if there can be a settlement."