Experience Stern | News & Events

On Wednesday, May 16, 2012, NYU's All-University Commencement Exercises will be held at Yankee Stadium. On Thursday, May 17, 2012, NYU Stern's Undergraduate Baccalaureate Ceremony and NYU Stern's Graduate Convocation Ceremony will be held at Radio City Music Hall.

Excerpt from IMD.org -- "Dr. Spence focused on the challenges posed by big structural shifts in the world economy, which he said could triple in size in the next 20 years, from about $60trn to $180-200trn."

Excerpt from Deutschlandfunk -- "If you look at only the European market, then the proportion would be 95 percent, and that would be highly monopolistic. When in Chicago, New York, the stock exchanges in Japan and China to take, then shrinks the market share together for ten to 15 percent (German to English translation)."

Excerpt from Financial Times -- “Traditional asset allocation has provided diversification, superior returns, liquidity and cheaper fees. Alternatives have under-performed, are highly correlated to other asset classes, hinder liquidity, and charge high fees. This seems to be a comparison of a superior, less expensive product to an inferior, more expensive product.”

Excerpt from Forbes -- "I was lucky to work with colleagues Bruce Buchanan, Sally Blount and Batia Wiesenfeld who fought for, designed and taught courses like “Business and its Publics” and to have built a robust Business and Society Program."

Excerpt from The Huffington Post -- "As politically and economically motivated uprisings sprouted around the world this past year, these problems also coexisted at Davos, one seeking to help solve the other while at the same time being blamed for being its primary cause."

Excerpt from The Atlantic -- "How much of moral thinking is innate? Haidt sees morality as a 'social construction' that varies by time and place. We all live in a 'web of shared meanings and values' that become our moral matrix, he writes, and these matrices form what Haidt, quoting the science-fiction writer William Gibson, likens to 'a consensual hallucination.'"

Excerpt from The Huffington Post -- "If we genuinely long for a place for amateur performers to shine, if we sincerely want TV shows to help us find our next crop of young talent, then we MUST do some pruning." Additional coverage appeared in Popbytes.com.

Excerpt from The Wall Street Journal blog -- "One reason we don’t save enough for retirement, [Hersfield and co-authors] suggest, is that we think of the person who will be withdrawing from our IRA not as ourselves, just at a different spot on the timeline, but as separate people entirely."

Excerpt from CBC -- "Technologies that are internet based always sort of stay one step ahead ... there's a simple way to get around [Twitter's new rules]."

Excerpt from Crain's New York Business -- "Ultra Light Startups invites you to its INVESTOR FEEDBACK FORUM AND PITCH SHOWDOWN. The seminar will help early-stage startups refine their investor pitch, provide advice on each business model and demonstrate how investors evaluate startup pitches."

Excerpt from Stockopedia -- "High Bankruptcy Risk - the so called 'Altman Z-Score' is a scoring system developed by Prof. Edward Altman in the 1970s to highlight companies with a significant risk of financial distress."

Excerpt from Washington Square News -- "Stern professor Stijn Van Nieuwerburgh said this expected rent increase might affect the relationship between not only residents and landlords, but also employers and employees."

Excerpt from International Business Times -- "I do believe there is some underlying trend that gives us some reason to feel a little bit better about what lies ahead regarding spending, and the main reason is the labor market." Additional coverage appeared in Reuters.

Excerpt from Public Service Europe -- "This doesn't look like a G20 world; it looks like a G-Zero world. There is disagreement. There is no leadership. In a world where we have the rise of many powers, the United States cannot impose its will." Additional coverage appeared in National Multimedia.

Excerpt from All Things Digital -- "Fellow HuffPo cofounder Ken Lerer is also a BuzzFeed co-founder, and former HuffPo ad boss Greg Coleman has come on as an advisor."

Excerpt from Financial Times -- "Take a look, for example, at the work by Thomas Philippon and Ariell Reshef, two US-based economists. They have researched trends in banker pay over the past 150 years and found that, in the early 20th century, financial sector pay relative to the rest of the private sector was roughly at parity ... "

Excerpt from Seeking Alpha -- "Probably the best account of the causes of rising inequality comes from Robert Frank. He notes that rising inequality is a phenomenon of virtually all professions and to a considerable extent the result of pay by relative performance."

Excerpt from CNC World -- "There's a long-run problem that short-run austerity doesn't deal with and if the austerity is cutting into social investment, infrastructure, human investment, then that is not a recipe for long-term growth."

Excerpt from The Chronicle of Higher Education -- "Haidt also pointed to the extreme underrepresentation of conservatives in social psychology. When he surveyed the 1,000 colleagues who attended his talk, 80 to 90 percent identified themselves as liberals. Only three people said they were conservatives."

Excerpt from The Sunday Times -- "Denrell and Fang found the 'analyst with the largest number as well as the highest proportion of accurate and extreme forecasts, had, by far, the worst forecasting record.'"

Excerpt from Elmundo.es -- "Aswath Damodaran, a finance professor at the Stern School of Business at New York University, believes that it is not so easy and gives four reasons. First, because there is a basic inconsistency in the reasoning of the critics. What is the purpose of taxing financial transactions? Does it increase revenue or to punish the 'evil' speculators (Spanish to English translation)?"

Excerpt from The Chronicle of Higher Education -- "By laying out the science of morality—how it binds people into 'groupish righteousness' and blinds them to their own biases—[Haidt] hopes to drain some vitriol from public debate and enable conversations across ideological divides."

Excerpt from Crain's New York Business -- “This industry is almost winner-take-all. The global investor base uses them regularly, so it's very hard to not use them if you're a company.”

Excerpt from Reuters -- "'The euro zone is a slow-motion train wreck,' said economist Nouriel Roubini, nicknamed Dr Doom after he predicted the U.S. subprime crisis." Additional coverage appeared in The Telegraph, Financial Times blog, Bloomberg and Bloomberg Businessweek.