Experience Stern | News & Events

Excerpt from The Economist -- "If we go back and look at the paper by Michael Spence and Sandile Hlatshwayo on net job creation, we see that while non-tradable sectors have been responsible for nearly all of the economy's employment growth since 1990, the tradable sector has generated the bulk of the economy's increase in value added."

Excerpt from Union Leader -- "Beyond the intricate Chinese pictograms captured in iridescent neon and the incense spirals that smolder in the Man Mo Taoist Temple on Hollywood Road, Hong Kong's most exotic gift to a visiting American is a reminder of how economic dynamism looks."

Excerpt from Slate -- "Taking their money and giving it to people who need it more produces a much more efficient allocation of society's material resources. That's why Robert Frank and many of the rest of us think a steeply progressive consumption tax would be a big winner for America."

Excerpt from The Fiscal Times -- "As Robert Frank explains in his book 'The Darwin Economy,' requiring the rich to pay a larger share allows us to have more goods and services than we would have with a more equal tax structure – we can make everyone better off – and this improves economic efficiency."

Excerpt from Business Insider -- “Belief repositories are fueled by hard evidence but can lead marketing teams to make investments where no experiment or marketing mix model has yet been run.”

Excerpt from The Globe and Mail -- "According to data from New York University finance professor Aswath Damodaran, the average earnings yield for the S&P 500 from 1960 to 2010 was 6.86 percent."

Excerpt from Forbes -- "Famous names like Paul Krugman and Nouriel Roubini are highly cautious on China, and well known CNBC guest and hedge fund manager, Jim Chanos, has been whistling by China’s grave before the dead body even arrives." Additional coverage appeared in another Forbes piece.

Excerpt from Boston Globe -- ‘‘My personal view is we ought to regard Bank of New York as the oldest bank. The other two banks, North America and Massachusetts, were taken over by others, and so they have less of a claim to ‘oldest US bank.'"

Excerpt from Financial Times -- "If the world’s biggest economies continue to play the same game and try to kick the cans further down the road for another year, the cans will become bigger and heavier and eventually hit a brick wall." Additional coverage appeared in Reuters blog, CNBC, and Handelsblatt.

Excerpt from The Options Insider -- "Volatility Viewpoint: Mark and Don discuss volatility with Stephen Figlewski, Professor of Finance at NYU's Stern School of Business, founding editor of the Journal of Derivatives, and Director at the Nasdaq OMX Derivatives Research Project."

Excerpt from Wireless News -- "The webinar is led by an expert on general counsel best practices for advising their CEO, Jennifer Bergenfeld (Professor, New York University's Stern School of Business), and focuses on: Everything you need to know in 60 minutes about best practices for general counsel to follow when advising their CEO. ... "

Excerpt from Bloomberg TV -- "I think the endgame here isn't against HTC and it's not to keep certain HTC phones out of the US, I think largely they're looking for the entree and the legal justification to go after all Android phones which arguably, legally this now sets a precedent for."

Excerpt from Business2Community.com -- "Social disgust can then be understood as the emotional reaction people have to witness­ing others moving 'down,' or exhibiting their lower, baser, less God-like nature." Additional coverage appeared in 435 South Magazine.

Excerpt from The Atlantic -- "Liberals should not, as Jonathan Haidt argues in his forthcoming "The Righteous Mind," condescend to conservatives or ignore the advantages of their lifestyles."

Excerpt from The Huffington Post -- "The Roubini-Saviano panel was not a night of stringent, economic analysis, but very trenchantly Saviano, the brave, provided an overview of criminal activities by "legitimate" financial institutions, who in many instances share the same ignorance towards the law as organized crime."

Excerpt from CNNMoney -- "Capital is the buffer that protects banks against losses. Something north of 10% would be much better and much safer." Additional coverage appeared in WMUR.

Excerpt from Project-Syndicate -- "In the US, productivity deficiencies have led to a pattern of disconnection from global supply chains. So the challenge for America is not only to restore productivity, but also to restore its links to the main currents of world trade." Additional coverage appeared in China Daily, NEurope.eu and Today's Zaman.

Excerpt from Benzinga -- "As George Akerlof and Paul Romer explained in their famous 1993 article ('Looting: the Economic Underworld of Bankruptcy for Profit'), accounting control fraud is a 'sure thing.'"

Excerpt from Reuters -- "Kaufman earned the sobriquet Dr. Doom in the 1970s - long before Nouriel Roubini acquired the title in recent years. Like Roubini, Kaufman was prescient in his warnings about excessive debt in the financial system." Additional coverage appeared in WKZO, The Huffington Post, Reuters India, and CNBC.

Excerpt from The Wall Street Journal -- "Interventionist economists like Paul Krugman ("The Return of Depression Economics and the Crisis of 2008") and Nouriel Roubini ("Crisis Economics") say that we haven't borrowed enough to get out of a crisis brought on by too much borrowing."

Excerpt from Times of India -- "The list of distinguished speakers at the conference includes Prabuddha De ( Purdue University), Varghese S Jacob (Texas Dallas), Sridhar Narsimhan (Georgia Tech), Arun Sundararajan (Stern Business School), and Sumit Sarkar (Texas Dallas)."

Excerpt from Globe and Mail -- "'All consumption norms are local,' writes Mr. Frank. '… The important practical point is that when the rich build bigger, they shift the frame of reference that shaped the demands of the near rich, who travel in the same social circles … and so on, all the way down.'" Additional coverage appeared in the Times Union blog.

Excerpt from The Wall Street Journal Japan -- "The U.S. and Japan are also different immigration policies. In the United States, including the influx of highly educated immigrants, young and still growing population, has been the driving force for the U.S. economy" (Japanese to English translation).

Excerpt from SmartMoney -- "Some research has found that the best-performing stocks over long periods are in the 'sinful' categories like tobacco, says Marcin Kacperczyk, an assistant professor of finance at New York University's Stern School of Business."