Experience Stern | News & Events

Excerpt from Financial Times -- "'It’s the paradox of a free market,' Mr. Sargent said. 'Markets are great, they function very well, but nobody has the incentive to create the set of rules.'"

Excerpt from US News & World Report -- "'The valuation [of Facebook] does seem high relative to their most recent revenues. However, I don't think the optimism is unwarranted,' says Arun Sundararajan, an associate professor of Information, Operations and Management Sciences at NYU's Stern School of Business."

Excerpt from Risk Magazine -- "Unlike many in the quantitative finance world, Robert Engle, the Michael Armellino professor of finance at New York University (NYU) is no physicist or mathematician – he is an economist through and through. Before going into finance, he worked in urban economics and econometrics, and even studied the effect of weather on electricity demand ... "

Excerpt from Bloomberg TV -- "There's a whole bunch of [anti-austerity parties in Greece], both from the left and from the right. ... They don't like the present situation, they want to change it, but they don't have any concrete plans, except possibly some would say Greece would leave the euro."

Excerpt from CNBC -- 'People who believe that in five years we’re going to be energy-independent are deluding themselves. It’s going to be a 10- to 20-year story,' he said."

Excerpt from Marketplace -- "If you sell more ad time you increase the clutter, it becomes less desirable as a watching experience place for consumers. So you're ultimately between a rock and a hard place."

Excerpt from Chief Executive Magazine -- "'Anything that can be delegated so that the executive assistant can focus on the CEO's needs saves the CEO time,' says Sheila W. Wellington, clinical professor of management and organizations at New York University's Stern School of Business."

Excerpt from Innovation News Daily -- "'There are going to be much more reliable ways of people keeping track of and demonstrating human capital in ways that I haven't seen in any other country,' Sundararajan told InnovationNewsDaily."

Excerpt from The New York Times -- "Geeta Menon, a professor of marketing and dean of the undergraduate college at the Stern School of Business at New York University, said she liked the ads’ suggestion of 'tactical things people can do to be healthier.'"

Excerpt from Bloomberg -- “A little bit of inflation would do a whole lot of good for the U.S. economy, would certainly do a lot of good for the housing market.”

Excerpt from Bloomberg -- "I think one of the real dilemmas in bank regulation is that so much of it's based on accounting numbers. And the accounting numbers don't typically reflect market values and the forward-looking views of financial investors."

Excerpt from CRM Magazine -- "'Everything is about the integration across different communication channels, and many classic advertising agencies now offer consulting or creative services in all domains,' Erdem observes."

Excerpt from Development Asia Magazine -- "'Instead of focusing on poor nations and how to change their rules, we should focus on poor people and how they can move somewhere with better rules,' [Romer] wrote in 2009. 'One way to do this is with dozens, perhaps hundreds, of new 'charter cities,' where developed countries frame the rules and hundreds of millions of poor families could become residents.'"

Excerpt from The Atlantic -- "Thanks to Professor Baumol's friendly but demanding tutelage, I gained a quiet confidence that was (is) a gift of incredible value. An impersonal educational setting, or studying with a much less gifted teacher, would not have permitted that kind of learning."

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."

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."

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 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."

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."

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."