Author Archives: Krista Carver

Economists Need to Analyze and Explain, Don’t Prognosticate by Dean Peter Henry

The following is an excerpt from an op-ed published in the New York Times, written by NYU Stern Dean Peter Henry: Because the economics profession failed to predict the financial crisis in advanced nations, critics claim that economists have little … Continue reading

Posted in NYU Stern | Tagged , , | Leave a comment

What’s Next for Cuba? by NYU Stern Professor Ingo Walter

The following is an excerpt from CNBC: Now that the decision has been made in Washington to reset Cuban-American relations, it’s a good time for an outside perspective on where things may go from here. Bottom line: Cuba may well … Continue reading

Posted in Market Risk, NYU Stern, Sovereign Risk | Tagged , , , | Leave a comment

The Human Element in Investment Decisions

Excerpt - Making strategic investment decisions is not a task that should be taken haphazardly. Managers and MBA students spend time studying appropriate decision criteria such as net present value (NPV) to aid in making profit-maximizing decisions. However, in discussing investment … Continue reading

Posted in Behavioral Finance | Tagged , , , | Leave a comment

Professor Edward Altman’s Z-Score Measure is Featured

The following is an excerpt from USA Today: Ever hear of the Altman Z-Score? If not, it’s time to start – just ask investors in Caesars Entertainment (CZR). Caesars’ shares Thursday are down nearly 8% to $11.72 on news one … Continue reading

Posted in Bankruptcy, NYU Stern | Tagged , , , , | Leave a comment

MSRM Alumni Highlight: Dante Disparte Class of 2014, Founder and CEO of Risk Cooperative

Risk Cooperative is a specialized strategy, risk and capital management firm founded around the question of what people would do in a world without risk? With this guiding principle, Risk Cooperative addresses the most pressing strategic questions of market expansion … Continue reading

Posted in MS in Risk Management Program, NYU Stern | Tagged , , , , | Leave a comment

The Best Defense to Litigation Is a Good Bank Culture by Professors Ingo Walter and Roy Smith

The following is an excerpt from an op-ed in American Banker written by Professors Ingo Walter and Roy Smith: Of all the financial markets that should be resistant to manipulation, foreign exchange surely tops the list. With $5.3 trillion traded … Continue reading

Posted in NYU Stern, Reputational Risk | Tagged , , , , | Leave a comment

Professor Nouriel Roubini Shares his Predictions for the Economy in 2015

The following is an excerpt from Yahoo Finance: In February of 2013, Nouriel Roubini, New York University professor and chairman of Roubini Global Economics, told Yahoo Finance that the U.S. was about to enter an asset bubble that would be … Continue reading

Posted in Credit Risk, Market Risk, NYU Stern | Tagged , , , | Leave a comment

NYU Stern Volatility Institute Launches at NYU Shanghai

NYU Shanghai is celebrating the launch of the Volatility Institute at NYU Shanghai. The Volatility Institute at NYU Shanghai, located at the NYU Shanghai Pudong Academic Building in the heart of Liujiazui, Shanghai’s financial center, aims to create opportunities for … Continue reading

Posted in NYU Stern, Systemic Risk | Tagged , , , , | Leave a comment

Benchmarking the European Central Bank’s Asset Quality Review and Stress Test: A Tale of Two Leverage Ratios

The following is an excerpt from a recent paper written by NYU Stern Professor Viral Acharya and Sascha Steffen: In November 2014, the ECB published its asset quality review (AQR) and comprehensive assessment (ECB 2014), as well as capital shortfall … Continue reading

Posted in NYU Stern, Systemic Risk | Tagged , , , , | Leave a comment

MS in Risk Management Alumni Event Featured on the NYU Stern Homepage!

Nobel Laureate and NYU Stern Professor Robert Engle spoke to MS in Risk Management students and alumni on his research and future global collaborations with the NYU Stern Volatility Institute. On November 7, MS in Risk Management Academic Director Ingo … Continue reading

Posted in MS in Risk Management Program, NYU Stern | Tagged , , , , | Leave a comment