Experience Stern | News & Events

Excerpt from The Jakarta Post -- "Spence said the US now has a broad understanding of the structural changes it needs to make in the medium and long terms to get the economy back on track. But politics poses an obstacle."

Excerpt from TIME blog -- "Raghubir and Srivastava’s results—what they’ve described in previous research as the 'denomination effect'—are consistent with an idea we’ve discussed several times: mental accounting. Small bills tend to get assigned to something like a mental petty cash account, and so we’re willing to spend them on petty things." Additional coverage appeared in Business Insider.

Excerpt from CNC World -- "I think there is some substance to the idea that the United States economy is starting to recover. Unemployment has been dropping for the last few months. The housing market may be stabilizing."

Excerpt from Metro New York -- " ... Nouriel Roubini and Lawrence White at NYU do not believe 'government needs to provide more stimulus to create jobs and prosperity' as you assert as 'reality.' In fact, they believe the opposite ... "

Excerpt from Bloomberg -- "From Social Security to Iranian nuclear power, Gingrich articulates better than any other candidate what’s wrong with U.S. policy and how to change it." Additional coverage appeared in San Francisco Chronicle.

Excerpt from Bloomberg -- "China’s economy will slow in 2012, prompting policy makers to reduce interest rates and ease lending restrictions, Nouriel Roubini, an economist who predicted the 2008 financial crisis, said last week."

Leading academics and marketing professionals from around the world convened for NYU Stern’s Center for Measurable Marketing conference. Attendees explored the latest research on social media metrics, social media’s impact and the integration of social media into the marketing mix.

Excerpt from Associated Press -- "Nouriel Roubini, Professor of Economics and International Business, Leonard N. Stern School of Business, New York University speaks during a panel session on the first day of the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland." Additional coverage appeared in Financial Times blog, CNN blog, Business Insider, and The New York Times Dealbook blog.

Excerpt from Reuters -- "Having 15 percent tax on carried interest, or capital gains or dividends, is something that is creating a wedge in the country, so that's an issue that has to be addressed. So politically it's going to help Obama this year."

Excerpt from Foreign Policy -- "I felt quite positive about Indonesia when I visited there recently, and I am going to go soon again. Another rising power outside of the BRICS is Turkey. It is rising economically and flexing its diplomatic muscle throughout the Middle East."

Excerpt from Downtown Express -- “A lot of the people who were going to pre-k at P.S. 89 that were put into the 276 [due to the rezoning] preferred going to 276 because it was closer to where they lived."

Excerpt from Bloomberg TV -- "Martin Sorrell, chief executive officer of WPP Plc, Paul Walsh, CEO of Diageo Plc, and Michael Spence, a 2001 Nobel Prize winner, talk about investing in emerging markets and Western Europe, and the outlook for the US and European economies in 2012."

Excerpt from BigGovernment.com -- "Nobel Prize-winning economist Michael Spence and co-author Sandile Hlatshwayo estimate that from 1990 to 2008 all net job creation has been in the 'non-tradable sector,' chief among them health care and government jobs."Excerpt from BigGovernment.com -- "Nobel Prize-winning economist Michael Spence and co-author Sandile Hlatshwayo estimate that from 1990 to 2008 all net job creation has been in the 'non-tradable sector,' chief among them health care and government jobs."

Excerpt from This is Money -- "Nobody knows how well we’re going to respond both on the public and private-sector side and restore competitiveness. Does his set of policies do it? My answer would be no."

Excerpt from The Huffington Post -- "It can help households and businesses make decisions and make fewer decisions that are costly. [Americans] won't be buying houses they can't afford, or businesses won't be hiring workers they have to fire later."

Excerpt from NY1 -- "There have been some dissents to a tentative settlement that's been announced. Mr. Schneiderman was one of the dissenters. This may be an effort to try to bring him back into the fold, see if there can be a settlement."

Excerpt from Reuters India -- "Our number is closer to a trillion dollars for European banks and that is as of last week. This is what they would need to withstand a financial crisis kind of like the last one."

Excerpt from The Huffington Post -- "In fact, an ongoing study by the Volatility Institute at New York University's Stern School of Business confirms the danger posed by the bank. Of all U.S. financial institutions, Bank of America contributes the most to systemic risk."

Excerpt from Forbes -- “If investors are going to rely on these firms the way they rely on credit agencies, we’re in for the same outcome."

Excerpt from CNBC -- “There’s an important connection between social unrest and economic trouble, which we are seeing now. There are major inequalities coming from the effects of the financial crisis.” Additional coverage appeared in CNN blog.

Excerpt from CNBC -- "Europe needs 'massive monetary easing' to end the debt crisis, says economist Nouriel Roubini." Additional coverage appeared in The Guardian and Bloomberg.

Excerpt from Bond Buyer -- “The economy is still pretty sluggish and the Fed has promised to keep its target fed funds rate close to zero into 2013, if not longer. And the Obama administration seems to want to raise marginal tax rates on 'the rich,’ however defined; that by itself would make munis more appealing to investors.”

Excerpt from INC Magazine -- " ... specializing in a single product is hardly a new idea: Dunkin' Donuts has been around since 1950, Baskin & Robbins since 1945, pizza shops it seems like forever, and the current cupcake craze is endemic worldwide."

Excerpt from ANSA -- "I think that Italy has a good chance of completing the reforms by the new government (Italian to English translation)."

Excerpt from The Economist blog -- "THIS week's interesting economics research: ... International capital flows and house prices (Jack Favilukis, David Kohn, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh)."