# Professor Jeffrey Wurgler's research on stocks and index funds is cited

1 Faculty News October 9, 2015 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2015/10/11/business/mutfund/the-ease-of-index-funds-comes-with-risk.html) -- "On average, from 1990 to 2005, when a stock was added to the S.&P. 500 — effectively requiring many investors to hold the stock for the first time — the mere inclusion added almost 9 percent to share prices, according to [Jeffrey Wurgler](http://www.stern.nyu.edu/faculty/bio/jeffrey-wurgler), a professor of finance at New York University."

[Read more](http://www.nytimes.com/2015/10/11/business/mutfund/the-ease-of-index-funds-comes-with-risk.html)