Experience Stern | News & Events

Excerpt from The New Yorker -- “For how long can consumption grow much faster than income and households run down their savings as income growth in Q1 was very mediocre?”

Excerpt from Dow Jones -- "Acharya has his doubts that the FDIC has the expertise to resolve a financial institution with significant exposure to the shadow banking system. 'At the midnight hour, we call the FDIC, but these institutions are more complex than the FDIC can handle,' Acharya said."

Excerpt from Bloomberg -- "Looking back two centuries to the presidential administration of Madison, who was first elected in 1808, long- term municipal yields have averaged 4.65 percent, according to Kozlik. He used data from 'A History of Interest Rates' by Sidney Homer and Richard Sylla for his calculation."

Excerpt from Index Universe -- "Not only are index fund owners experiencing extra risk in the form of low-frequency detachment; index-based trading creates more risk at higher frequency."

On April 26, NYU Stern’s Association of Hispanic and Black Business Students (AHBBS) and NYU Wagner’s Black Student Alliance (BSA) co-hosted Maggie Anderson, author of "Our Black Year: One Family's Quest to Buy Black in America's Racially Divided Economy" (published by PublicAffairs, February 2012).

Excerpt from The Wall Street Journal blog -- "Abigail B. Sussman, a doctoral candidate at Princeton, and Adam L. Alter, an assistant professor of marketing at New York University’s business school, conducted several experiments to explore how people think about 'unusual and infrequent' expenditures."

Stern’s annual Passport Day will be held on Thursday, April 26th, as MBA students from all cultural backgrounds share their rich heritage with fellow classmates.

Excerpt from Forbes -- "According to ComScore, social media now reaches over 82% of the worlds online population. Nearly 1 out of every 5 minutes spent online is used to engage on Facebook, tweet on Twitter, connect on LinkedIn – along with other social media activities."

Excerpt from Washington Square News -- "'We see the MS in business analytics as a market-driven new offering that responds to the incredible explosion of data and the new ways in which data is being used in making strategic business decisions,' Zemel said."

Excerpt from The Globe and Mail -- "The RED offers a new way to think about development assistance, one that, like trade, relies on mutually beneficial exchange rather than charity. It’s an effort to build on the success of existing special zones based around the export-processing maquila industry."

Excerpt from The Wall Street Journal -- "Mr. Sundararajan said the results point to 'excellent' targeting by the UID program so far. 'It’s validation of the fact that this is not a digital infrastructure for the privileged. It’s for the people who aren’t included,' Mr. Sundararajan said."

Excerpt from BBC -- " ... as the recession deepens, resulting in even wider fiscal deficits, another round of austerity will be needed. And now, thanks to the fiscal compact, even the euro zone's core will be forced into front-loaded recessionary austerity."

New York University Stern School of Business today announced a new Master of Science in Business Analytics that will be offered in Shanghai and at the School’s Washington Square campus beginning in May 2013.

In an April 23rd, 2012 plenary to the NYU Stern UC Class of 2015, Professor Arun Sundararajan describes India's fascinating digital identity initiative, shares video clips of his conversations with UIDAI Chairman Nandan Nilekani, and outlines a research program with Professor Ravi Bapna and ISB Hyderabad that will measure the socioeconomic impact of the UID over the coming decade.

Excerpt from Financial Times -- "The Stern School of Business at New York University is to launch a Master of Science in Business Analytics degree in both New York and Shanghai, making Stern the first school at the university to launch a degree on its Pudong campus, now under construction."

Excerpt from Reuters -- "The new policy measures could be taken if stress makes a comeback in Europe, 'but I don't see a need now,' Nowotny said in a speech at New York University [Stern School of Business]."

Excerpt from Project Syndicate -- "China’s role is changing: once the West’s low-cost supplier, it is now becoming a major customer for Western products. This represents a major opportunity for advanced economies to re-balance their growth and employment, provided that they are positioned to compete for the appropriate parts of evolving supply chains."

The Stern Center for Global Economy and Business presents Dr. Ewald Nowotny, Governor of the Oesterreichische Nationalbank and Member of the Governing Council of the European Central Bank. Governor Nowotny will discuss “Monetary Issues - The European View.”

Excerpt from Crain's New York Business -- "'We'd found that it was hard to choose winners,' said Jeffrey Carr, who heads NYU Stern's Berkley Center for Entrepreneurship & Innovation. 'So we decided last year to pull out the tech competition [into a standalone category].'"

Excerpt from Financial Times -- "A 2011 study led by Stephen Brown, a professor at New York University Stern School of Business, suggested that at least 14 per cent of hedge funds distribute unverifiable or inaccurate performance data."

Excerpt from The New York Times -- "Although a school’s quality depends on much more than the size of its budget, additional resources can obviously help. And given the vast sums of money that some parents now have at their disposal, an explosive — and largely unproductive — arms race is inevitable."

Excerpt from The Economist -- "David Yermack of Stern Business School uses corporate-jet flight data and holiday-home records to reconstruct 230 holidays of big-company bosses between 2007 and 2010. He finds that firms tend to release good news just before their bosses leave and shortly after they return, with few announcements in the middle."

The second annual EEX Summit, themed “Build Something,” focused on the brainstorming phase of a venture life cycle. The event featured speakers Dan Porter, CEO of OMGPOP, and John Maloney, president at Tumblr,

Scholars from across the country and around the world gathered to share the latest research in the field of network economics at the 2012 Networks, Electronic Commerce and Telecommunications (NET) Institute conference, held in partnership with NYU Stern’s Center for Global Economy and Business.

On April 20, the NYU Stern Latin American Business Association (LABA) held its third annual conference, “The Latin American Decade: Emerging Challenges and New Opportunities.” The conference closed with a fireside chat, titled, “Using Reform Zones to Change Norms and Law,” with Professor Paul Romer and Octavio Sanchez, the Chief of Staff to the President of Honduras. The two speakers discussed Professor Romer’s charter city concept and the economic and political climate in Honduras.