Experience Stern | News & Events

Excerpt from Benzinga.com -- "Accounting control fraud, as criminologists, economists, and (competent) financial regulators recognize is a 'sure thing.' See George Akerlof and Paul Romer, 'Looting: the Economic Underworld of Bankruptcy for Profit' (1993)."

Excerpt from Downtown Express -- “If the D.O.E. refuses to acknowledge the need for more schools Downtown and doesn’t try to get those schools built, then the forecasts that say we need more schools will be wrong because people will move out.”

Excerpt from The Economist -- "As Thomas Philippon, a French economist, pointed out in 'Le Capitalisme d’Héritiers,' a 2007 book, too many big French companies rely on educational and governmental elites rather than promoting internally according to performance on the job."

Excerpt from The Wall Street Journal -- "New York University's influential Nouriel Roubini argued that not only Greece but also Italy would have to leave—or be kicked out of—the euro zone." Additional coverage appeared in The Wall Street Journal, Financial Times, and CNBC.

Excerpt from Los Angeles Times -- "They've come to be the poster children for the bond market."

Excerpt from The New York Times -- "Michael Spence, a Nobel Prize-winning economist who shares a concern about rising inequality, told me that we’ve seen 'an evolution from one propertied man, one vote; to one man, one vote; to one person, one vote; trending to one dollar, one vote.'"

Excerpt from PBS NewsHour -- "A hundred years from now, if people poll professional economists, people like me, and ask, who's the founder of your discipline, most people are going to say Charles Darwin." Additional coverage appeared in The Guardian.

Excerpt from Forbes -- "Mr. Roubini’s predictions have not gotten substantially more optimistic, as he sees a long period ahead wherein the U.S. must struggle to find a new viable economic growth model. Moreover, he sees a global economic future that more resembles a zero-sum game than a cooperative model."

Excerpt from The Atlantic -- "As Paul Romer proposed in his New Growth Theory, investing in innovation is a crucial endogenous factor - and therefore one firmly in the grasp of policymakers - that creates economic growth."

Excerpt from China Daily -- "Robert Engle, winner of the 2003 Nobel Memorial Prize in Economic Sciences, said at a recent China innovation seminar that when China is planning for the future with wonderful five-year plans, Americans are merely planning for the next election."

Excerpt from Daily Mail -- "The world of investment bankers and especially the trading floor region is notoriously hermetically sealed."

Excerpt from PBS NewsHour -- "Jonathan Haidt ... says we are the giraffes of cooperation. We are really good at cooperating."

Excerpt from National Review -- "To understand the anger of the tea-party movement, just imagine how you would feel if you learned that government physicists were building a particle accelerator that might, as a side effect of its experiments, nullify the law of gravity." Additional coverage appeared in The Atlantic Wire.

Excerpt from George Washington University Business School blog -- "As part of GWSB’s ongoing Dean’s Distinguished Lecture series, Joe Porac, the George Daly Professor in Business Leadership at NYU Stern School of Business, discusses how perceptions of elite CEOs change with increased recognition."

Excerpt from Wireless News -- "There used to be a time when there was not enough information. Today, there is information overload on the Internet. However, by automatically mining the plethora of unstructured data on the web, we can harness the wisdom of the crowds to work to the consumer's advantage."  Additional coverage appeared in Health & Beauty Close-Up.

Excerpt from Economics Week -- "Joining Mr. Ferik in the panel discussion was Carol O'Rourke, a Certified Financial Planner(R) and executive director of the Coalition for Debtor Education, a nonprofit organization housed at Fordham University Law School, and Lawrence J. White, Ph.D., distinguished economics professor and economics department deputy chair at New York University's Stern School of Business."

Excerpt from Green Spaces -- "Jill does believe there is a community of new social entrepreneurs in NYC, its just fragmented. There are schools and programs that create community, but you have to be part of that program (apply, be admitted)."

Excerpt from PRWeb -- “Establishing direct relationships with end consumers through e-commerce and social media represents a significant opportunity for European niche fashion brands to grow.”

Excerpt from Bloomberg Radio -- "Michael Spence, Winner of the 2001 Nobel Prize in economics and professor of economics at NYU Stern School of Business, discusses Greece, Italy and jobs in the U.S."

Excerpt from American Progress Action Fund -- "According to financial statement research by New York University professor Aswath Damodaran, drug and biotechnology firms paid a small fraction of the statutory rate (effective rates of 4.5 and 5.6 percent, respectively); while heavy construction and trucking firms paid close to 35 percent (33.8 percent and 30.9 percent, respectively)."

Excerpt from The Huffington Post -- "Unless relatively low interest rates prevail in France, Italy, Spain, and so on, it will be hard for the euro to be held together."

Excerpt from Knowledge@Wharton -- "The benefits that accrue from such access to a company's top management appear to be substantial, including 'significant increases in trade sizes' and 'significant potential trading gains.'"

Excerpt from US News & World Report -- "The Mei Moses index, created in 2000 by New York University professors Jianping Mei and Michael Moses, tracks a proprietary database of some 27,000 repeat sales at worldwide auctions of investment-grade art." Additional coverage appeared in ArtNet and ArtVest.com

Excerpt from CFA Institute blog -- "Damodaran points to the increasing correlation between international markets as evidence that country risk cannot be diversified away entirely. He considers three measures for estimating the country risk premium: the default spread on a country’s sovereign debt, a premium based on equity market volatility relative to the U.S., and a hybrid approach."

Excerpt from St. Petersburg Times -- "The U.S.'s ranking 'is a far cry from 'most difficult,' wrote Lawrence J. White of New York University in an e-mail, pointing to the World Bank ratings."