Faculty News

An interview with Nobel Laureate Prof. Michael Spence on jobs

CNN logo
Excerpt from CNN -- "Hundreds of millions of people in the developing world have entered the global labor force which is in an - an increasingly a great global economy." Additional coverage appeared in Orlando Sentinel, The Boston Globe, and Los Angeles Times.
Faculty News

Prof Jacob Jacoby and Research Scholar Robert Frank on Black Friday deals

Associated Press logo
Excerpt from Associated Press -- "There's the notion of scarcity — when something's scarce it's more valued. And a resource that can be very scarce is time: If you don't get there in time, it's going to be gone." Additional Coverage appeared in The Wall Street Journal, TwinCities.com, PressHerald.com, The Washington Post, USA Today, Hawaii Tribune, CBC.ca, AZCentral.com, Politico.com, NBC New York, Yahoo! News, Freep.com, among other outlets.
Faculty News

Prof. Viral Acharya on bank subsidies

Excerpt from Bloomberg -- “Banks don’t give lines of credit to corporations for free ... Why should all these government guarantees and liquidity facilities be for free?”
Faculty News

Prof. Richard Sylla on a check written by Abraham Lincoln

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "This is a classic example of one bank acquiring another bank and coming up with some old records as a result."
Faculty News

Prof. Tom Meyvis on the psychology behind Black Friday shopping

Newsday logo
Excerpt from Newsday -- "The bigger the line and the earlier the line forms implies that there's a good deal, said Tom Meyvis, associate professor of marketing at New York University's Stern School of Business." Additional coverage appeared in AM New York.
Faculty News

Prof. Baruch Lev shares what he is thankful for this year

Barron's logo
Excerpt from Barron's -- "New York University finance professor Baruch Lev admits to being thankful for 'our divided government and do-nothing Congress.' Lev adds, 'With a unified Congress, we would have stringent climate-change laws, higher taxes on millionaires and billionaires, and public-employee pension-fund bailouts.'"
Faculty News

Executive Board Member and Prof. Richard Bernstein on using acronyms

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "Acronyms may be catchy, says Richard Bernstein, chief executive of Richard Bernstein Advisors, 'but anytime you hear one, you have to wonder what part of the story hasn't been told.'"
Faculty News

Research Scholar Robert Frank's book, "Luxury Fever," is cited

Associated Press logo
Excerpt from Associated Press -- "Authors as varied as the economist Robert H. Frank (1999's 'Luxury Fever') and the political theorist Benjamin R. Barber (2007's 'Consumed') have ganged up on what they see as the particularly unequal and excessive American spending habits." Additional coverage appeared in The Wall Street Journal.
Faculty News

Prof. Nouriel Roubini predicts a double-dip recession if the US does not cut spending

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Excerpt from Financial Times -- "Nouriel Roubini, economics professor at New York university, points out that the failure makes a double-dip recession as soon as next year likely as it results not only in automatic cuts that begin in 2013 but also endangers other measures that were to be part of the compromise."
Faculty News

Executive Board Member and Prof. Richard Bernstein on Mitt Romney's hair

CNBC logo
Excerpt from CNBC -- "I'm jealous. I'd love to have this problem, you know, having people noticing my hair was a little misplaced."
Faculty News

Research Scholar Robert Frank's book, "The Darwin Economy," is reviewed

Excerpt from Arab News -- "One of the main ideas of the book is that individual interests expressed in free markets do not always produce outcomes that are best from the perspective of the group. This Darwinian understanding of the competition, according to the author, is currently lacking in our view of things."
Faculty News

Prof. Nouriel Roubini on the global economic crisis

Yahoo Finance logo
Excerpt from Yahoo! Finance -- "The contagion has now gone viral, cross Atlantic and global." Additional coverage appeared in Business Insider, Forbes, and The Wall Street Journal blog.
Faculty News

Prof. Amity Shlaes on Newt Gingrich's recent rise in the polls

Excerpt from Bloomberg -- "Whether his recent rise in the polls is lasting or not, Newt Gingrich has already shifted Campaign 2012 for the better. The feisty former speaker of the House has reminded us through his debate performances that knowledge is an important part of a president’s work." Additional coverage appeared in Brainerd Dispatch, New York Post, NewsMax.com, and Bloomberg Businessweek.
Faculty News

Prof. Edward Altman's Z-Score tool for predicting the probability of bankruptcy is featured

Excerpt from Benzinga.com -- "Dr. Altman developed the widely-used Altman Z-score, which was initially designed to estimate the probability of a firm defaulting. Recently, he has reworked his metrics to apply them toward analyzing sovereign risk."
Faculty News

An op-ed by Research Scholar Robert Frank on ending the Black Friday madness

The New York Times Logo
Excerpt from The New York Times -- "Few people actually want to shop in the wee hours, and the purchases that do occur then are presumably offset, dollar for dollar, by reduced sales during normal business hours." Additional coverage appeared in The Washington Post, Wicked Local, Forbes, Telegraph.co.uk, Business Insider, Newser.com and The New American.
Faculty News

Research Scholar Robert Frank participated in a poll on the future of the euro zone

Reuters logo
Excerpt from Reuters -- "Fourteen out of 20 prominent academics, former policymakers and independent thinkers polled over the last 10 days agreed the euro zone's make-up would change."
Faculty News

An op-ed by Prof. Viral Acharya on re-capitalizing European banks

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Excerpt from VoxEU -- "The aim of the recapitalisation is to ensure that European banks can absorb potential losses from sovereign-debt restructuring." Additional coverage appeared in the Financial Times blog.
Faculty News

Nobel Laureate Prof. Michael Spence's book, "The Next Convergence," is reviewed

Strategy and Business logo
Excerpt from Strategy + Business -- "The fact that "The Next Convergence" covers so much ground means that it has little time for the folksiness and redundancy that make for easy reading. The payoff is coherence — the argument of the book fits together as tightly as the formal models that Spence once built for a living." Additional coverage appeared in Science Mag.
Faculty News

Prof. Roy Smith on the euro zone's debt

Financial News logo
Excerpt from Financial News -- “Bankers will have to do all this – and when they have, the markets are likely to create further opportunities to exchange privately held Irish and Portuguese debt in the same way, maybe even Spanish and Italian debt, too ... Banks handled exchange offers of Brady Bonds for 17 countries in the 1990s, why not again?”
Faculty News

Prof. David Poltrack is hopeful Bluefin will improve TV analytics

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Excerpt from Fast Company -- "'We're looking for Bluefin to add something new,' says CBS chief research officer David Poltrack, who is intrigued by the product."
Faculty News

Prof. Robert Frank on "keeping up with the Joneses"

Malaysia Star logo
Excerpt from The Malaysia Star -- "As described by economist Robert H. Frank, the desire to keep up with the Joneses is similar to the arms race among countries."
Faculty News

A photo of Prof. Nomi Ghez is featuredE

Excerpt from Bloomberg -- "They had gathered for the S.L.E. Lupus Foundation gala honoring U.S. Senator Frank Lautenberg and his wife, Bonnie Englebardt Lautenberg, and featuring a performance by Carole King, including the apt 'You’ve Got a Friend.'"
Faculty News

Prof. Anindya Ghose on collecting consumer data from social media sites

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Excerpt from Knowledge@Wharton -- "... 'social media is democratizing marketing,' Ghose argues, because the viral spread of information is forcing companies to communicate better with their customers and is giving consumers a greater voice."
Faculty News

Prof. Joseph Foudy shares his outlook for the global economy

CNC World logo
Excerpt from CNC World -- "The global outlook is quite tough. Not only do we see continued weakness in Europe ... we see weak economic numbers in the U.S. and ... we see a housing market in China that shows signs of slowing ..."

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