Faculty News

Prof. Edward Altman on the Greek economy

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Excerpt from Marketplace Radio -- "Fashion, technology, energy and a very wealthy private and corporate sector -- which Greece does not have, and there's no chance for a country to survive over the long run without some sort of competitive advantages."
Faculty News

Prof. Aswath Damodaran on micro-managing stock market data

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Excerpt from The Globe and Mail -- “Once you start micro-managing the data looking for patterns, you will find them simply because there is so much data that there have to be patterns."
Faculty News

In an op-ed Profs David Backus & Thomas Cooley look at 2011 Nobel Laureate Prof. Thomas Sargent

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Excerpt from VoxEU.org -- "Thomas Sargent and Christopher Sims gave us a coherent framework with which to think about and discuss these critical policy issues. And they fully anticipated the difficult dilemmas we now face as a consequence of recent fiscal policy."  Additional coverage appeared on Wall Street Pit.
Faculty News

An op-ed by Prof. Robert Frank on building bridges between liberals and conservatives

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Excerpt from USA Today -- "Visionary politics from both the left and right has caused deadlock in our legislative system. And, given eminent domain, public goods and free rider issues, plus the American love of a bureaucratic planning wrangle, we couldn't get politics out of infrastructure even if Ron Paul were king." Additional coverage appeared in The Daily Beast.
Faculty News

An op-ed by Prof. Eric Schoenberg on taxes

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Excerpt from The Huffington Post -- "I think that the claim that anybody who favors higher taxes is morally obliged to pay more than they legally owe shows a fundamental misconception about the basis for the social compact we call government." Additional coverage appeared in AllVoices, Reuters, CNNMoney, ABC News, The Huffington Post, CommonDreams.org, enewspf.com, Accounting Today, Afro.com and ThirdAge.
Faculty News

Prof. Anthony Marciano on the AT&T-T-Mobile merger debate

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Excerpt from International Business Times -- "Marciano pointed out that in this economy, it may be politically toxic to approve of a merger that would lead to significant job cuts."
Faculty News

Prof. Anat Lechner on the rapper Baba Brinkman

Excerpt from MacCleans -- “He’s a walking example of innovation, differentiation, value-adding and the bizarre. ... These are exactly the things we teach business students to do.”
Faculty News

Prof. Eric Greenleaf on downtown Manhattan's school overcrowding

Excerpt from Downtown Express -- "When Peck Slip opens in 2015, the neighborhood’s overall school capacity will be four years behind its demand, according to Eric Greenleaf, a professor of New York University’s Stern School of Business and an active member of NYS Assembly Speaker Sheldon Silver’s School Overcrowding Task Force."
Faculty News

Prof. Daniel Altman on investing in public health

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Excerpt from Foreign Affairs -- "As development economist Daniel Altman recently explained, in a global economy, 'these people are your consumers, your workers, your investors.'"
Faculty News

A new paper by Prof. Nouriel Roubini on the European fiscal crisis is featured

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Excerpt from Financial Times -- "The fundamental difficulty throughout has been the failure to understand the nature of the crisis. Nouriel Roubini of New York University’s Stern School of Business makes the relevant points in a recent paper."
Faculty News

Prof. Tulin Erdem on P&G's marketing revamp for Ivory soap

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Excerpt from The New York Times -- "Tulin Erdem, a professor of marketing at the NYU Stern School of Business, said the campaign tried to keep up 'with the times without sounding too trendy,' while 'mocking lightheartedly the soap industry.'"
Faculty News

Prof. Nouriel Roubini on economic growth in Indonesia

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Excerpt from Financial Times -- “If Indonesia is going to grow, it is important that this increasing demand is met by supply. It needs more investment in infrastructure, but also in human capital."
Faculty News

Prof. Panos Ipeirotis on the negative impact of "good-enough" reviews

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Excerpt from O'Reilly Radar -- "The problem with sentiment analysis ... is that it tends to be rather generic, and it's not customized to the context in which people read." Additional coverage appeared in Forbes
Faculty News

Prof. William Baumol is cited for influencing the work of Economist Dr. Ha-Joon Chang

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Excerpt from Huffington Post -- "Chang acknowledges his work is grounded on welfare economics and market failure theories; he cites Joseph Stieglitz, Amartya Sen and William Baumol among his influences."
Faculty News

Prof. Nouriel Roubini on the Brazilian economy

Excerpt from Estadao -- "Banks are liquid and solid, the country has grown well in recent years, and the administration of former President Luiz Inacio Lula da Silva was a significant reduction of social inequity from the improvement in income distribution, with the increased generation of jobs (translated from Portuguese to English)."
Faculty News

Prof. Amity Shlaes is cited as a Bastiat Prize 2002 winner & 2011 judge

Excerpt from PR Newswire -- "Previous Bastiat Prize winners were: ... 2002: Sauvik Chakraverti (Economic Times, India) and Amity Shlaes (The Financial Times). ..."
Faculty News

Faculty News

Prof. Nouriel Roubini on internal devaluations

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Excerpt from The New York Times Paul Krugman blog -- "The international experience of 'internal devaluations' is mostly one of failure. Argentina tried the deflation route to a real depreciation and, after three years of an ever-deepening recession/depression, it defaulted and exited its currency board peg."
Faculty News

Prof. Nouriel Roubini says larger firms may face MF Global's fate

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Excerpt from Forbes -- “What happened to MF Global could happen to Jefferies, Barclays, Goldman Sachs & Morgan Stanley. Leverage & maturity mismatch can lead to runs."  Additional coverage appeared in Forbes and Crain's New York Business.
Faculty News

Prof. Viral Acharya will serve on the 2012 Regulatory Innovation Award selection committee

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Excerpt from MarketWatch -- "This year's selection committee consists of: ... Viral Acharya is the C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Stern). ..."
Faculty News

Prof. Lawrence White participated in a panel discussion on personal financial decision-making

Excerpt from Wireless News -- "Joining Ferik in the panel discussion was ... Lawrence White, economics professor and economics department deputy chair at New York University's Stern School of Business and co-author of Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance, published earlier this year."
Faculty News

Prof. Aswath Damodaran's research on the long-term successes of IPOs is cited

Excerpt from Investment Week -- "The academic evidence on the long-term successes of IPOs is, to be generous, mixed. For example, a study of 5,821 IPOs highlighted by Loughran and Ritter in Investment Fables by Aswath Damodaran, calculated that IPO firms underperformed peers by high single digits per annum for up to four years."
Faculty News

Prof. Scott Galloway says magazines are behind when it comes to social media

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Excerpt from MediaPost -- "Magazine publishers received a public scolding at the American Magazine Conference from L2 founder Scott Galloway, who warned that magazines are behind the curve when it comes to social media."
Faculty News

Prof. Scott Galloway's Digital IQ ranking of fashion brands is featured

Excerpt from BizCommunity.com -- "Professor Scott Galloway's NYU-based think tank, LuxuryLab released fascinating findings in their third annual 'Digital IQ" report this week. The report assessed the digital competence of 49 global fashion and leather goods firms, to a small number of media outlets."

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