NYU Stern
Share / Print
  • huffington post logo feature
    Excerpt from The Huffington Post -- "While the Federal Reserve Transparency Act of 2015 - aka, the 'Audit the Fed' Act - doesn't shut down the Federal Reserve, it would go a long way to putting Congress directly in charge of monetary policy and to weakening the Fed's effectiveness as a lender of last resort."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- “Technology is now the largest single slice of the equity market,” [Damodaran] writes. “Just as growth becomes more difficult for a company as it gets larger and becomes a larger part of the economy, technology collectively is running into a scaling problem, where its growth rate is converging on the growth rate for the economy.”
  • financial times logo feature
    Excerpt from Financial Times -- "To hear enthusiasts describe them, economic sanctions are trusty swords. By excluding hostile governments and their senior officials from western financial markets, America and its allies can pursue diplomacy with a streak of coercion. The number of US sanctions programmes has doubled in recent years, and they now target the personal assets of a rogue state’s political and economic elite."
  • bloomberg logo new
    Excerpt from Bloomberg -- "While China probably will avoid prolonged Japan-style stagnation, a major crisis could expose weaknesses that aren't apparent now, according to Smith. 'Most people today are talking about China displacing the United States as the great power of the 21st century,' he said in a telephone interview last week. 'My view is that it is more likely to end up like Japan - that is, the status of a former would-be superpower that isn't.'"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "'I don’t see the lunacy I saw in the dot-com bubble,' said financial historian Richard Sylla of New York University’s Stern School of Business. 'Computer clicks are still important in our lives, but we don’t use the number of clicks to decide how promising a company is, as people did then. Investors are much more circumspect about thinking, is this thing really going to pay off?'"
  • – Research Center Events

    How to Spark Breakthrough Innovation with Google's Regina Dugan

    March 3, 2015
    nyu street feat shot 2012
    The NYU Stern Berkley Center for Entrepreneurship and Innovation will host a conversation with Regina Dugan, leader of Google’s Advanced Technology and Projects group, on March 3.
  • washington post logo feature
    Excerpt from The Washington Post -- "Alexander Ljungqvist, one of the authors of that study and an economist at New York University, said that investors are not necessarily at fault for the inertia at public firms. When the leadership of a publicly traded corporation becomes aware of a new opportunity to invest, they have to find a way to explain their plans to shareholders without divulging any sensitive information their competitors can use against them, he noted. That could be one reason why public firms hesitate to invest."
  • nbc logo feature
    Excerpt from NBC -- "J.P. Eggers, an associate professor at New York University’s Stern School of Business, compared the phenomenon to pop-up stores, increasingly popular in high-traffic areas where rents are high. A seasonal shop in a vacation location has little value once visitors go home, but real estate costs remain high for a store in a place like Brooklyn, he noted. 'The idea of leaving it with either no business because it’s closed or with a business that is just not going to make any money at that time of day or in that season just doesn’t make any sense,' he said. 'It’s far too valuable a property to do that.'"
  • fortune logo feature
    Excerpt from Fortune -- "Last week, the Federal Communications Commission (FCC) formalized the non-discrimination tradition on the Internet and preserved net neutrality. This is good news to ensure that the Internet remains a free market for innovation and provides consumers with unbiased choices when it comes to content."
  • – Research Center Events

    A Conversation with Sheila Bair

    March 2, 2015
    Sheila Bair
    The NYU Stern Center for Global Economy and Business will welcome Sheila Bair, former chair of the Federal Deposit Insurance Corporation, for a talk and Q&A session on March 2.
  • new york times logo feature
    Excerpt from The New York Times -- "Thomas Philippon, a finance professor at New York University’s Stern School of Business, is another academic who has studied the role of finance in the economy. In a November 2012 article in The Quarterly Journal of Economics, Mr. Philippon and Ariell Reshef, an economist at the University of Virginia, reported on wages in the United States financial industry from 1909 to 2006. Among their findings: Finance accounted for 15 to 25 percent of the overall increase in wage inequality between 1980 and 2006."
  • project syndicate logo feature
    Excerpt from Project Syndicate -- "Over time, of course, negative nominal and real returns may lead savers to save less and spend more. And that is precisely the goal of negative interest rates: In a world where supply outstrips demand and too much saving chases too few productive investments, the equilibrium interest rate is low, if not negative. Indeed, if the advanced economies were to suffer from secular stagnation, a world with negative interest rates on both short- and long-term bonds could become the new normal."
  • economist logo feature
    Excerpt from The Economist -- "A recent paper* by Uma Karmarkar of Harvard Business School and Bryan Bollinger of Duke Fuqua School of Business finds that shoppers who bring their own bags when they buy groceries like to reward themselves for it. For two years the authors tracked transactions at a supermarket in America. Perhaps unsurprisingly, shoppers who brought their own bags bought more green products than those who used the store’s bags. But the eco-shoppers were also more likely to buy sweets, ice cream and crisps."
  • fox business logo feature
    Excerpt from Fox Business -- "When you're talking about economic growth, it is innovation that's the driver of that growth. So the way you increase growth, you have to have a vested increase in increasing the pace of innovation. And the way you increase the pace of innovation is increase the exchange of ideas - or between different industries. So, New York has a tremendous advantage because it's not just tech.... you know, fashion, media... it's all mixing of ideas."
  • bnn logo feature
    Excerpt from Business News Network -- "I think that when we, nowadays, have so much electronic trading, and we have guidelines on what type of collaborations among competitors are allowed, having five competitors chatting live in a way that is not disclosed to the market on what the prices of gold, on which they have a variety of derivatives benchmarked on, and at the time when they themselves are trading for their clients and their own books, and nobody is monitoring... and ensuring that this process is robust, that is extremely problematic. It's very problematic also because we do see the patterns in the data."
  • The New York Times
    Excerpt from The New York Times -- "If this era of war ever ends, and we emerge from the slumber of automated killing to the daylight of moral questioning, we will face a reckoning. If we are honest with ourselves, the answers won’t be simple."
  • peter henry feature image
    NYU Stern announced that Peter Henry, an economist and dean of the School, was awarded the Foreign Policy Association Medal at the organization’s annual Financial Services Dinner, held last evening at the Pierre Hotel in New York City.
  • – Student Club Events

    NYU Stern Private Equity Club 10th Annual Conference

    February 27, 2015
    SPEC 10th Annual Conference
    On Friday, February 27, the NYU Stern Private Equity Club will host its 10th Annual Stern Private Equity Conference.
  • – Research Center Events

    The Twelfth Annual NYU Stern-Citi Conference in Leadership & Ethics

    February 27, 2015
    Tensie Whelan
    Marking its 12th year, NYU Stern’s Citi Leadership & Ethics Program, sponsored by the Citi Foundation, has appointed NYU alumna Tensie Whelan (BA ’80) as its 2014-2015 Citi Leadership & Ethics Distinguished Fellow.
  • HuffPostLive_logo
    Excerpt from HuffPost Live -- "I do think that there are some merits to allowing states to have a say in directing the flow of immigration because they understand local costs imposed by immigrants... and also the benefits. I think one advantage that the state-based visa would have, for example, over an employment-based visa is that the immigrants themselves would have more flexibility within the states. So they'd be able to work for any number of different employers. That would create a thicker labor market, which would, of course, benefit employers as well. So there would be a higher potential for good matches between employers and workers. In the existing system, if you take, for example, the H1B specialty employment visa, it ties a worker to one employer. So you don't have that kind of labor market flexibility, which is ultimately detrimental to the immigrant and the economy and the labor market."
  • financial times logo feature
    Excerpt from Financial Times -- "'Something of this magnitude is rather unusual,' said Joshua Ronen, professor of accounting at New York University Stern School of Business and co-editor of the Journal of Law, Finance and Accounting."
  • the guardian logo feature
    Excerpt from The Guardian -- "In contrast, the Fair Labor Association launched its code alongside its charter. 'We realized we couldn’t just launch a set of principles,' Michael Posner, a former US assistant secretary of state for democracy, human rights and labor and head of New York University’s Center for Business and Human Rights, told me. 'It couldn’t just be that every company was "on a journey"; we needed metrics and ways to evaluate compliance.'"
  • – Student Club Events

    MCA/SOC 5th Annual Strategy Forum

    February 26, 2015
    MCA and SOC 5th Annual Strategy Forum
    On Thursday, February 26, NYU Stern's Management Consulting Association (MCA) and Strategy & Operations Club (SOC) will co-host the 5th Annual Strategy Forum. This year's conference is themed "WINNING: Business Strategy in Sports."
  • BusinessBecause
    Excerpt from BusinessBecause -- "Students on Stern’s master in business analytics program, which filled its class of 60 and closed the admissions process a month early, also 'get their hands dirty' with programming language. 'We are teaching the managers [and] executives who need to understand the language of analytics and how to leverage data to make strategic decisions,' said Roy Lee, Stern's assistant dean of global degree programs, in an interview with BusinessBecause."
  • – Faculty News

    Prof. Nicholas Economides discusses net neutrality

    February 25, 2015
    wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Nicholas Economides, an economics professor at New York University, says paid prioritization would let ISPs pick the Internet’s winners, which would naturally be the richest players. 'In an industry with lots of change and innovation, there are big dangers of allowing only the people who can pay you today to win,' he said."