About the Salomon Center
The primary objectives of the Salomon Center are to bring NYU Stern’s research on financial institutions and financial markets to the attention of policymakers, regulators, practitioners, fellow academics, the media, and the general public; to facilitate the flow of ideas among these constituents; and to support the creation of cutting-edge research at NYU Stern.
The Salomon Center interfaces with its external constituents in a variety of ways, including regular conferences, workshops, and public lectures, often in collaboration with external sponsors and collaborators, such as Nasdaq, Standard & Poor’s, the Federal Reserve Bank of New York, Moody’s Investor Service, the International Securities Exchange, Natixis, Institutional Investor, The Clearing House, Cornerstone Research, Charles River Associates, Navigant, and the CFA Institute.
In the wake of the 2007-2009 financial crisis, the Center has played a leading role in the development of the new regulatory architecture of global finance. The Center added its voice to the public policy debate through a series of publications and events, including Restoring Financial Stability: How to Repair a Failed System (Wiley 2009), Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance (Wiley 2010), and Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance (Princeton Press 2011).
The Center’s activities are grouped into the following six research programs, each directed by an NYU Stern professor:
- Alternative Investments, directed by Matthew Richardson
- Credit & Debt Markets, directed by Edward I. Altman
- Financial Policy and Institutions, directed by Philipp Schnabl
- Household Finance, directed by Johannes Stroebel
- Market Microstructure, directed by Joel Hasbrouck
Two of the Center’s previous research initiatives have since been spun out as stand-alone entities:
- NYU Pollack Center for Law and Business, directed by David Yermack
- The Volatility Institute, directed by Robert F. Engle