Experience Stern | News & Events

Excerpt from The New York Times -- "Priya Raghubir, a marketing professor at the Stern School of Business at New York University, praised Burrell’s choice of a bulldog as a 'mascot' for the RAV4. 'It’s extremely memorable, like the Budweiser Clydesdale horses in their Super Bowl ads,' she said."

Excerpt from Journal of Robotics & Machine Learning -- "We consider the problem of cooperatively minimizing the sum of convex functions, where the functions represent local objective functions of the agents."

Xavier Serbia Gabriela Frias and Luis Cabral interview, IESE Business School of Spain.

Excerpt from Bloomberg -- "In Smith’s view, the power of Dodd-Frank can already be seen in moves like Citigroup Inc. (C)’s decision to sell off lines of business such as its consumer-lending unit. New regulations governing different lines of business, in addition to the substantial increase in the amount of liquid capital banks must hold, are making it too expensive for financial institutions to stay at their current size, Smith said."

Excerpt from Investment Weekly News -- "With the launch of the Group, Credit Suisse's Asset Management division is forming a Systematic Trading Advisory Board. The Board will initially consist of Robert Engle, Nobel Prize in Economics 2003."

Excerpt from Politics & Government Week -- "Plumper and Troeger (2007) propose a three-step procedure for the estimation of a fixed effects (FE) model that, it is claimed, 'provides the most reliable estimates under a wide variety of specifications common to real world data.'"

Excerpt from Politics & Government Week -- "We study the policy choices of an incumbent politician when voters imperfectly observe aggregate spending and the incumbent's ability."

Excerpt from USA Today -- "Drops in solar cell prices and surging interest in developing nations led to a 32% increase in investments in renewable energy globally in 2010, a United Nations report finds."

Excerpt from Bloomberg -- "Scott Galloway, founder of L2 Think Tank and a professor at New York University, talks about Facebook Inc.'s plan to offer free video calls over its site through a partnership with Skype Technologies SA, and Facebook's competition with Google Inc.'s social networking site Google+."

Excerpt from CNBC -- "My prediction for the perfect storm is not this year or next year but 2013, because everybody is kicking the can down the road," he said in a live interview. "We now have a problem in the US after the election if we don't resolve our fiscal problems. China is overheating...eventually it's going to have a hard landing."

Excerpt from Information Technology Newsweekly -- "In this paper we show that selecting mutual funds using alpha computed from a fund's holdings and security betas produces better future alphas than selecting funds using alpha computed from a time-series regression on fund returns."

Excerpt from Fast Company -- "Aral's viral strategies are up to 10 times more effective than banner ads in converting users and around twice as effective as email advertising. He also writes that "notifications and invites also vastly outperform the ad campaign used in our recruitment phase on Facebook," meaning that, for this particular product, there was little need for a traditional banner ad campaign to generate an existing base of users."

Excerpt from Bloomberg -- “The people they’re hiring from central banks tend to have valuable understandings of monetary policies, currencies, what’s going on with regulation and have access to all sorts of important people,” said Roy Smith, a finance professor at New York University and former Goldman Sachs partner. “Goldman Sachs has taken a bashing in the crisis. It’s bound to be near the bottom or recovering now, as there’s nothing of substance to follow the charges. Governments recognize that to be the case.”

Excerpt from The Wall Street Journal -- "More competition is almost always a good thing," said Lawrence White, an economics professor at New York University. "What worries me is…this is going to be a politically driven entity."

In June, NYU Stern generated more than 900 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including the debt ceiling debate, cross-cultural marketing theory and online social sharing in prominent outlets such as the Associated Press, Bloomberg, Forbes and The Wall Street Journal. Additionally, in 45 op-eds, Stern faculty discussed the risk of a double-dip recession, the potential break-up of the Eurozone and the Fed’s policy of quantitative easing.

Excerpt from Financial Times -- "The muddle-through approach to the eurozone crisis has failed to resolve the fundamental problems of economic and competitiveness divergence within the union. If this continues the euro will move towards disorderly debt workouts, and eventually a break-up of the monetary union itself, as some of the weaker members crash out."

Excerpt from Financial Times - "Western think-tanks are currently awash with ideas as to how the global south should deal with mass urbanisation. Californian writer Mike Davis suggests we face the dystopia of a Planet of Slums. For Paul Romer, the solution lies in a new generation of “charter cities”, with poor countries providing the land and rich countries the urban infrastructure and rule of law."

Excerpt from TIME Magazine -- "Nobel laureate Michael Spence, author of The Next Convergence, has looked at which American companies created jobs at home from 1990 to 2008, a period of extreme globalization. The results are startling. The companies that did business in global markets, including manufacturers, banks, exporters, energy firms and financial services, contributed almost nothing to overall American job growth."

Scott Galloway, founder of L2 Think Tank and a professor at New York University, talks about the outlook for companies' use of Facebook. He speaks with Julie Hyman and Bloomberg contributing editor Jay Margolis on Bloomberg Television's "Taking Stock."

Excerpt from Reuters -- "When Nouriel Roubini makes a prediction people stand up and listen. He was right about the financial crisis, now he has predicted a sovereign debt crisis (aka default) for Ireland in the next two to three years."  Additional coverage appeared on FinancialPost.com.

In May, NYU Stern generated more than 600 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including the impact of online customer reviews, the side effects of multi-tasking, the benefits of corporate blogging, and gender and group dynamics in prominent outlets such as Bloomberg, Financial Times, Reuters and The Wall Street Journal. Additionally, in 29 op-eds, Stern faculty discussed the Strauss-Kahn scandal, women in the Middle East workforce, the challenges of data governance and the Eurozone debt.

Excerpt from CIO -- "It took a global financial crisis to get the public to pay attention to systemic financial risk. There is equivalent and growing systemic risk in cyberspace. We hope it does not take a massive data breach at an Apple, Google or Facebook to make data governance a top executive priority."

In April, NYU Stern generated more than 450 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including pricing psychology, methods of creative thinking, CEO compensation and the relationship between blogging and productivity in a number of prominent outlets such as the BBC, The Economist, The New York Times and The Wall Street Journal. Additionally, in 33 op-eds, Stern faculty discussed the sustainability of China’s economy, Kate Middleton’s fashion influence, one percent tax rates for the rich and survival lessons for CEOs.

In March, NYU Stern generated more than 600 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including creativity, piracy in the music industry, workplace blogging, investment myths and jobs in the tradable sector in a number of prominent outlets such as Bloomberg, Financial Times and The New York Times. Additionally, in 54 op-eds, Stern faculty discussed the detection of deception, company data disclosure, the economic effects of Japan’s natural disasters and the expansion of social media company operations in New York City.

In February, NYU Stern generated nearly 650 media hits. Stern faculty were featured for their research and perspectives on a variety of subjects including systemic risk, entrepreneurship, CEO compensation, the flash crash and Middle East unrest in a number of prominent outlets such as CNBC, The Economist and The Wall Street Journal. Additionally, in 51 op-eds, Stern faculty discussed the Deutsche Boerse-NYSE Euronext merger, public sector unions, QE2, employee activism and the economic and intellectual benefits of cities.