Experience Stern | News & Events

Excerpt from the San Francisco Chronicle -- "Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University, calculated the average tax rate of various business sectors using public financial statements." Additional coverage appeared in FInancial Edge.

Excerpt from Business Recorder -- "I don't think there's much he can do about it. We need fiscal stimulus and monetary policy has done as much as it could do."

Excerpt from VoxEU.org -- "A useful review of such strategies is provided by Acharya et al (2009); the IMF (2010) highlights the importance of recognising tail risk in financial stability analysis."

Excerpt from Bloomberg -- "This week, we looked at the so-called Congressional Effect, the phenomenon whereby stocks rise more when Congress is out of session. The data underlying that effect suggest that active government chills markets."

Excerpt from Reuters -- "'Mr. Buffett is a very shrewd investor and is not altruistic at all. The terms he gets are very favorable to him,' said Richard Bernstein."

Excerpt from Xinhua News -- "Stiglitz was awarded the Nobel Economics Prize in 2001 together with George Akerlof and Michael Spence for their analyses of markets with asymmetric information."

Excerpt from NASDAQ -- "Robert Engle, who was awarded the 2003 Nobel Prize in economics, said Friday that the U.S. 'hasn't learned the lessons of 1929,' and that the U.S. economy needs more short-term stimulus to recover."

Excerpt from NBC -- "Start putting 15 or $20 a month into that Roth IRA retirement account. You'll benefit from the compounding interest and watch your money grow."

Excerpt from the Financial Times -- "Robert Lucas ... and Chicago colleagues, along with others such as Edward Prescott and Thomas Sargent, are the founders of the programme known as 'dynamic stochastic general equilibrium' (DSGE), which dominates teaching and research in macroeconomics."

Excerpt from The Huffington Post -- "Or to echo Ralph Gomory, former president of the Sloan Foundation and head scientist at IBM, America's response to the Chinese challenge requires an alignment of the interests of its companies with the interest of the country."  Additional coverage appeared on NewDeal20.org.

Excerpt from Reuters -- "'The real question is, despite their early apparent success maintaining the client relationships they had, are they going to be able to hang on to all that?' Smith said."  Additional coverage appeared on CNBC.

Excerpt from BigThink -- "In their recent paper The Single Bottom Line, Altman and Berman argue that companies need to evaluate their social and environmental efforts in terms of their impact on the classic, single bottom line – profit."

Excerpt from CNBC -- "A third round of quantitative easing by the Federal Reserve is coming by year end, influential economist Nouriel Roubini told CNBC Thursday."  Additional coverage appeared in Forbes, Business Insider, Creditwritedowns.com, Forex news Now, First Post and Toronto Star.

Excerpt from The New York Times -- "A. Michael Spence, the winner in 2001 of the Nobel Memorial Prize in Economic Science and the former dean of the Stanford Graduate School of Business in California, will be the chairman of the academic board."  Additional coverage appeared in The Standard, Associated Press, Financial Times blog, BusinessDay and more than 50 additional outlets.

Incorporating advice from others can improve decision making, yet all too often, powerful people ignore it, according to new research from NYU Stern Management Professors Kelly E. See and Elizabeth W. Morrison, along with co-authors Naomi B. Rothman of Lehigh University and Jack B. Soll of Duke University.

Excerpt from States News Service -- "Tuck valuation expert Anant Sundaram has collaborated with Stern school’s Aswath Damodaran to create a new valuation app called uValue for all levels of investors."

Excerpt from Forbes -- “'Once you’re in a position of power, it tends to make you more confident in your decisions,' explains See."

Excerpt from Bloomberg TV -- "Eugene Munster, analyst at Piper Jaffray Cos., Scott Galloway, professor at New York University, Alan Deutschman, a professor at the University of Nevada, Reno, and Om Malik, founder of the technology blog GigaOM, talk about Steve Jobs's resignation as chief executive officer of Apple Inc." Additional coverage appeared on Bloomberg TV and two Washington Post pieces.

Excerpt from Forbes -- "We examine whether investors benefit from 'selective access' to corporate managers, which we define as the opportunity for investors to meet privately with management in individual or small-group settings."

Excerpt from USA Today -- "For them, 'producing original scripted content for the summer doesn't work out on the bottom line,' says CBS research chief David Poltrack."

Excerpt from the Council on Foreign Relations -- "The Fed is doing what it can--and that is mainly not to do anything to damage a fragile return to economic health."

Excerpt from Seeking Alpha -- "For more detail, check out this presentation by Paul Zarowin, a Professor of Accounting at the Stern School of Business, New York University."

Excerpt from CNBC -- "And with the Dow coming off its best gain in two weeks, we'll be speaking with investment strategist Richard Bernstein about his S&P target for the end of the year and what he expects from Fed Chief Ben Bernanke on Friday."  Additional coverage appeared on CNBC and Seeking Alpha.

Excerpt from NPR -- "The biggest effect of removal of subsidies is going to be that people will buy the houses they can afford."

Excerpt from Forbes -- "'Since gold has no intrinsic value,' says Dr.Doom, 'there are significant risks of a downward correction.'"  Additional coverage appeared in two TheNational pieces, MetalMiner, two Seeking Alpha pieces, Moneyweek, Financial Times Alphaville, GoldSeek, Business Insider, BusinessSpectator and New York Observer.