Faculty News

Prof. Amity Shlaes discusses right-to-work laws in an op-ed

Excerpt from Bloomberg -- "This chart bears out that assertion: right-to-work states have for many years performed better on this measure than non-right-to-work states."
Faculty News

Prof. Nouriel Roubini on quantitative easing

Excerpt from Reuters HedgeWorld -- "'You might have to directly go and buy assets of the private sector that have a high spread as a way of reducing those spreads and, therefore, inducing reduction in the borrowing cost,' Roubini says."  Additional coverage appeared on WealthWire.com, NASDAQ, Seeking Alpha and DepositAccounts.com.
Faculty News

Nobel Laureate Prof. Michael Spence on the chance of a global recession

Excerpt from Bloomberg Businessweek -- "The world economy has a 50 percent chance of slipping into recession, Michael Spence, a professor at New York University’s Stern School of Business who won the Nobel Prize in economics in 2001, said in an Aug. 25 interview on Bloomberg Television."  Additional coverage appeared in Treasury & Risk.
Faculty News

Nobel Laureate Prof. Michael Spence will oversee research at the Fung Global Institute

Excerpt from Bloomberg -- "Fung last month founded the Fung Global Institute, a think tank with Nobel laureate Michael Spence overseeing its research agenda."
Faculty News

Prof. Viral Acharya on the housing market

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Excerpt from MSNBC -- "I would say we have to basically hammer home the message that we can't support the housing market without actually sometimes cleansing the housing book, We have to fix bankruptcies."
Faculty News

Nobel Laureate Prof. Michael Spence on job growth

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Excerpt from The New York Times -- "As economist Michael Spence has argued, nearly all of the job growth over the past 20 years has been in sectors where American workers don’t have to compete with workers overseas."  Additional coverage appeared on a CNN blog, The Economist, China Daily, Slate.com and Foreign Policy.
Faculty News

Prof. Nouriel Roubini was referenced in a question to First Minister Alex Salmond

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Excerpt from BBC -- "Mr Gray quotes American economist Professor Nouriel Roubini saying his approach was fiscal integration and not economic nationalism."
Faculty News

An interview with Prof. Steven Godeke on impact investing

Excerpt from Mission Markets -- "Impact investing is a strategy where investments are made with the intention of creating environmental and social impacts in addition to some level of financial return."
Faculty News

Prof. Evan Polman on people who identify themselves as maximizers

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Excerpt from Psychology Today -- "'Most people come to terms with their decisions, but a maximizer may continue looking at apartments even after signing a lease,' says Evan Polman, a visiting assistant professor at New York University."
Faculty News

Prof. Stijn Van Nieuwerburgh's research on measuring systemic risk is referenced

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Excerpt from The New York Times Economix blog -- "... in a new working paper, 'Too-Systemic-to-Fail: What Option Markets Imply About Sector-Wide Government Guarantees,' Bryan T. Kelly, Hanno Lustig and Stijn Van Nieuwerburgh compare the price of put options for the financial sector stock index relative to put options on individual banks' stocks."  Additional coverage appeared in Sarasota Herald-Tribune.
Faculty News

Prof. Martin Gruber on the differing definitions of growth and value across index providers

Excerpt from Financial Planning -- "'If you went to six different restaurants and ordered coq au vin, you'd get six slightly different variations of the recipe,' Gruber says. He believes it's the same with indexes."
Faculty News

In an interview, Prof. Nouriel Roubini shares his expectations for the world economy

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Excerpt from Moneyweb -- "In my view, this double dip or recession will occur regardless of whether the Central Bank of the United States, etcetera tries to do more quantitative easing."  Additional coverage appeared on Moneyweb and The Citizen.
Faculty News

Prof. Nouriel Roubini says we are entering a recession

Excerpt from Sydney Morning Herald -- “The market is going to fizzle out when the real economy is going to go and tank. We’re entering a recession based on my numbers.”  Additional coverage appeared in New Zealand Herald, Business Insider and Vancouver Sun.
School News

Dean Peter Henry on the trends emerging in business education

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Excerpt from Delta Sky Magazine -- "At NYU Stern, our mission is to develop people and ideas that transform the challenges of the 21st century into opportunities to create value for business and society."
School News

NYU Stern is cited for utilizing Socialtext software

Excerpt from SunHerald.com -- "More than 6,500 businesses worldwide have accelerated their business performance with Socialtext, including Egon Zehnder, Getty Images, Symantec, Meredith Corporation, NYU Stern, OSIsoft, and Epitaph Records."  Additional coverage appeared on Computer Weekly News.
Press Releases

Rohit Deo named Associate Dean of Academic Affairs for NYU Stern Undergraduate College

Rohit Deo, Professor of Statistics and Operations Research and Robert Miller Faculty Fellow, has been named Associate Dean of Academic Affairs for the NYU Stern Undergraduate College, effective September 1, 2011.
School News

A speech by Timothy Geithner, hosted by NYU Stern in August 2010, is referenced

Excerpt from American Enterprise Institute -- "Treasury Secretary Timothy Geithner, in a speech at New York University's Stern School of Business in August 2010, declared that '[t]he largest and most interconnected firms cause more damage when they fail.'"
Faculty News

Prof. Jeff Shen on the problem of facility failure

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Excerpt from Computer Weekly News -- "We study a reliable facility location problem wherein some facilities are subject to failure from time to time."
School News

MBA student Chirag Sadana on America Smiles, winner of the 2010 NYU Stern Social Venture Competition

Excerpt from MBA Social -- "I firmly believe that graduate school has provided America Smiles with a solid ground for takeoff. The NYU Stern Berkley Entrepreneurship Center provided mentorship, pro-bono assistance such as lawyers, accountants, health care regulation professionals, and other volunteers."
School News

The NYU Stern Berkley Center for Entrepreneurship & Innovation Team will receive the 2011 Opel Award

Excerpt from NYConvergence -- "The first annual 2011 Opel Awards, presented by Brian S. Cohen, vice chairman of the VC organization New York Angels, will take place, Tuesday, September 6, 2011 ... the recipient of the award will be the NYU Stern School of Business, Berkley Center for Entrepreneurship & Innovation Leadership Team."
Faculty News

In an interview, Prof. Nouriel Roubini predicts a recession

Excerpt from Bloomberg TV -- "Roubini tells Brennan, 'we're going into a recession based on my numbers' and that the Federal Reserve and other authorities no longer have the ability to provide emergency support."  Additional coverage appeared in two Bloomberg pieces, three Bloomberg Businessweek pieces, AdvisorOne, Vancouver Sun, Courier-Journal and Portfolio.com.
Faculty News

Prof. William Silber on how 9/11 affected the financial industry

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Excerpt from CNBC -- "'The difference is whether the shock has a temporary liquidity impact versus an underlying credit impact. Nine-eleven didn’t necessarily go to the underlying credit-worthiness of the institutions,' says Silber, who chronicled the monetary crisis surrounding WWI in 'The Day Washington Shut Down Wall Street.'"
Faculty News

Prof. Vicki Morwitz's research shows self predictions can help reinforce good habits

Excerpt from Fitness Magazine -- "Predict you will eat better and work out more next week and you probably will, according to a recent study in the Journal of Consumer Research."
Faculty News

Profs Lasse Pedersen and Stanley Zin will speak at a NBIM conference

Excerpt from ENP Newswire -- "The conference is organised under the Norwegian Finance Initiative (NFI), newly set up by NBIM to promote financial economic research and education in areas relevant to the long-term management of the fund."
Faculty News

Nobel Laureate Prof. Michael Spence on the impact of globalization on employment

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Excerpt from Foreign Policy -- "Spence emphasizes further that because of the on-going restructuring of the global supply chain, 'the range of employment opportunities available in the tradable sector is declining, which is limiting choices for U.S. workers in the middle-income bracket.'"

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