Faculty News

Prof. Daniel Altman on the negative side of competition

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Excerpt from BigThink.com -- "Altman argues that leading nations need to take the long view in deciding immigration policy, rather than engaging in politically motivated internal squabbles or shortsighted international competition."
Faculty News

Prof. Nouriel Roubini on the European Central Bank's bond-purchase program

Excerpt from Bloomberg -- "Nouriel Roubini, a New York University professor and the co-founder of Nouriel Roubini Global Economics LLC, discusses the outlook for the European Central Bank's bond-purchase program to stem the sovereign debt crisis, and the economic outlook for Europe and the U.S. Roubini spoke with Bloomberg's Tom Keene yesterday."  Additional coverage appeared on MarketWatch and San Francisco Chronicle.
Faculty News

Prof. Nouriel Roubini on the European Central Bank's bond-purchase program

Excerpt from Bloomberg -- "Nouriel Roubini, a New York University professor and the co-founder of Nouriel Roubini Global Economics LLC, discusses the outlook for the European Central Bank's bond-purchase program to stem the sovereign debt crisis, and the economic outlook for Europe and the U.S. Roubini spoke with Bloomberg's Tom Keene yesterday."  Additional coverage appeared on MarketWatch and San Francisco Chronicle.
Faculty News

Prof. Nouriel Roubini on the S&P's downgrade of the US credit rating

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Excerpt from NPR -- "The downgrade was a mistake," says Nouriel Roubini, a NYU professor who famously predicted the housing market crash and recession before the vast majority of other economists. "S&P could have waited a few months to see whether Democrats and Republicans reached an agreement on deficit reduction."  Additional coverage appeared on North Country Public Radio, Houston Public Radio, Sydney Morning Herald, International Business Times, two Bloomberg TV segments, Bloomberg, The Washington Post, TodayOnline.com, Bloomberg Businessweek and KOSU.org.
Business and Policy Leader Events

Leadership Luncheon Series Brings Real Estate Investor, Saks CEO and Marine Corps Captain to Campus

Having a chance to sit down to lunch with an expert in their respective field doesn’t happen every day, but it did happen this spring for students in NYU Stern’s full-time MBA program. As part of the School’s Leadership Luncheon Series, coordinated by the Leadership Development team, students had a chance to hear from NYC real estate investor and developer Larry Silverstein, president and CEO of Silverstein Properties; Stephen Sadove, chairman and CEO of Saks Inc.; and Captain Jamie Peace, veteran of the United States Marine Corps.
School News

NYU Stern's 2011-2012 admission deadlines and essay topics are outlined

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Excerpt from Clear Admit -- "The 2011-2012 NYU / Stern deadlines and essay topics have been released!"  Additional coverage appeared on Clear Admit and BusinessSchoolAdmissionsFormula.com.
Faculty News

Prof. Nouriel Roubini on how policy changes can prevent a second depression

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Excerpt from Financial Times -- "Until last year policymakers could always produce a new rabbit from their hat to trigger asset reflation and economic recovery. Zero policy rates, QE1, QE2, credit easing, fiscal stimulus, ring-fencing, liquidity provision to the tune of trillions of dollars and bailing out banks and financial institutions – all have been tried. But now we have run out of rabbits to reveal."  Additional coverage appeared on Bloomberg, Hurriyet Daily News, The Telegraph, The Independent, Thisismoney.co.uk, San Francisco Chronicle, ABC.az, three CNBC pieces, Reuters, LeftFootForward.org, Daily Mail, Bloomberg Businessweek, two The New York Times blogs, Herald Tribune, Yahoo! Business, MSN.com, Alarabiya.net, RealClearMarkets.com, Arab News, Publicbroadcasting.net, Financial Post, Sydney Morning Herald, Sharecast.com, CNN blog, WA Today and Business District.
Faculty News

Nobel Laureate Prof. Michael Spence on US job creation

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Excerpt from San Francisco Chronicle -- "We've got an economy that creates lots of opportunity for a subset of Americans - the highly educated - but not for the middle incomes, and that's going to be going on for a while."
Faculty News

Prof. Richard Sylla on the recent stock market plunge

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Excerpt from The New York Times -- "Richard Sylla, a finance professor at the Stern School of Business at New York University who has written about market sell-offs, said the plunge last week had all the hallmarks of a classic panic attack." Additional coverage appeared in China Daily.
Faculty News

Nobel Laureate Prof. Michael Spence's new book, The Next Convergence

Excerpt from Big Government -- "How will the US respond to rising powers like China and India? In The Next Convergence: The Future of Economic Growth in a Multispeed World, Michael Spence predicts that the US will lose its dominance but will persevere, much like the British after the Industrial Revolution."  Additional coverage appeared in Boise Weekly.
Faculty News

Nobel Laureate Prof. Michael Spence is on heading a Commission on Growth and Development

Excerpt from Inquirer.net -- "Is population control one of the ingredients for high economic growth? No. This is the conclusion of the 2008 Commission on Growth and Development headed by Nobel prize winner Michael Spence. The factors for high growth are leadership, openness to knowledge, stable finances, market allocation, investment and savings."
Faculty News

Nobel Laureate Prof. Michael Spence's research on job creation is cited

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Excerpt from Business Standard -- "The famous Nobel-winning economist Michael Spence in a recent essay talked of the skew in job creation. He says that 98 per cent of the jobs created in the US between 1990 and 2008 were in the non-tradable sector of the economy — in services such as healthcare and the government."
Faculty News

Prof. Nouriel Roubini on China's economy

Excerpt from The Miami Herald -- "New York University’s economist Nouriel Roubini — who won world fame for rightly forecasting the 2008 economic crisis — recently predicted that China’s economy is likely to crash in 2013."  Additional coverage appeared in Interactive Investor, TIME Curious Capitalist blog, Seattle Times, San Francisco Sentinel, Seeking Alpha, Business Day, IMF Direct blog and Business Spectator.
Faculty News

Prof. Nouriel Roubini on the Fed's quantitative easing programs

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Excerpt from The Malaysia Star -- "Renowned economist and New York University professor Nouriel Roubini twitted over the week: “the Fed will eventually get to QE3 but it will be too little too late”, after Japan and Switzerland's intervention in the currency market to stem the appreciation of their currencies."  Additional coverage appeared on China Daily and Business Insider.
Faculty News

Prof. Anthony Lynch's research on stock portfolio choice is featured

Excerpt from Investment Weekly News -- "This paper matches the countercyclical volatility and procyclical mean of United States. labor income and finds that, consistent with United States data, young, poor agents now hold less stock than both young, rich agents and old agents, and no stock a large fraction of the time," wrote A.W. Lynch and colleagues, New York University.
Faculty News

Prof. Nouriel Roubini on the probability of a US recession

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Excerpt from CNN -- "We're at a stall speed and probably there's more than 50% probability of a recession in the next 12 months."  Additional coverage appeared in The Guardian, National Journal, FirstPost.com, International Business Times, Montreal Gazette, Business Insider, Business Day, CPI Financial, ExpressIndia.com, two Bloomberg pieces, WealthWire.com and Bloomberg Businessweek.
School News

TRIUM Global Executive MBA Program, the alliance of NYU Stern, LSE and HEC Paris, is highlighted

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Excerpt from US News & World Report -- "Symonds highlights notable programs such as Trium, the Global Executive M.B.A. program run jointly by New York University Stern School of Business, London School of Economics and Political Science, and HEC School of Management, Paris. The alliance celebrated its 10th anniversary in July by adding a second cohort in 2012." Additional coverage appeared on StacyBlackman.com.
Faculty News

Prof. Vijay Vaitheeswaran on the cars of the future

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Excerpt from The Huffington Post -- "According to Vijay Vaitheeswaran, a co-author of 'Zoom: The Global Race to Fuel the Car of the Future,' a two-way grid is part of the solution. He said in 2007 interview in BusinessWeek, 'We will see a smart, sophisticated, software-rich car of the future very soon.'"
Faculty News

Prof. Vasant Dhar on computerized trading

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Excerpt from Marketplace Radio -- "Vasant Dhar of NYU's Stern School of Business says investors shouldn't be worried by computerized trading. In fact, yesterday's sell off may have been exaggerated by people - and muted by computers."
Faculty News

Prof. David Backus on Brazil's political system

Excerpt from Treasury & Risk -- "As with any developing country, risks remain. David Backus, a professor at New York University’s Stern School of Business, says that unlike neighboring countries, however, Brazil’s political system has remained stable."
Faculty News

Prof. Viral Acharya on Bank of America's systemic risk

Excerpt from WFAE.org -- "NYU Stern finance professor Viral Acharya says Bank of America is now the weakest of the big banks and the most 'systemically risky.'"
Faculty News

Prof. Lawrence White on the weak outlook for the US economy

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Excerpt from Xinhua News -- "You never certain about these things. But there are some smart people whose opinions I respect on this that are saying the likelihood is substantial. So at this point, the odds are about fifty fifty that we could go into another recession because of all these weakness in economy. We can't use monetary policy. We can't use fiscal policy. Maybe exports can help but that takes a while."
Faculty News

An exclusive interview with Prof. Nouriel Roubini on the global economic outlook

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Excerpt from Foreign Policy -- "At this point there is serious risk of a double-dip recession in the U.S. and most other advanced economies."

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