Experience Stern | News & Events

Excerpt from Bloomberg -- "The Eurobills proposal put forward by Christian Hellwig, a professor at Toulouse School of Economics, and Thomas Philippon, an associate professor of finance at New York University’s Leonard N. Stern School of Business, calls for a European debt management office as the monopoly seller of euro-denominated bills."

Excerpt from Financial Times -- "In 'The Righteous Mind,' [Haidt] draws primarily on his own pioneering work in social psychology to explain how morality “binds and blinds”. His book, which is already creating waves among the political classes on both sides of the Atlantic, employs a striking series of metaphors."

Leading academics and practitioners gathered for a conference on “Comovement of Volatilities, Returns and Tails,” this spring, organized by Stern’s Volatility Institute, led by Nobel Laureate and Professor Robert Engle.

Excerpt from The Wall Street Journal -- "'The Exception Is the Rule: Underestimating and Overspending on Exceptional Expenses,' Abigail B. Sussman and Adam L. Alter, Journal of Consumer Research (forthcoming)."

Excerpt from WIRED -- "As the world moves more and more information to cloud services from the likes of Amazon and Google, these services don’t always interact as effectively as they should. Amazon Web Services can save you money, but Ipeirotis’ tale also shows that there are cases where the cloud can backfire."

The third annual Tribeca Disruptive Innovation Awards, hosted at NYU Stern, honored several leading disruptive innovators who have impacted the worlds of business, technology, arts and entertainment. Founder of Twitter and Square Jack Dorsey and Room to Read founder John Wood received the Lifetime Achievement awards. Other honorees ranged from pop star Justin Bieber and Rick Rubin, who founded Def Jam Records in his NYU dorm room, to Steven A. Curley for his advances in cancer treatments and Dr. Patricia Bath, the first person to demonstrate Laserphaco cataract surgery.

Excerpt from Forbes -- "'The big problem in the high-tech industry is companies can very quickly go from a small market share to high market share, and the culture doesn’t change so quickly,' Economides said. 'They did the same things when they were at 15% market share, and suddenly they’re at 60% and they’re in trouble.'"

Excerpt from The Huffington Post -- "The Tribeca Film Festival, in association with Harvard Professor Clayton Christensen and the Disruptor Foundation, honored 18-year-old Bieber, along with his manager Scooter Braun, were honored [SIC] for breaking the music industry mold. Bieber, wearing his favorite varsity jacket, was on hand at New York University's Stern School of Business to accept his award."

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."