Monthly Archives: April 2012

New Research Paper Calls For “Repo Resolution Authority”

A paper exploring the risks of the repo market by Viral Acharya and T. Sabri Öncü is referenced in a Nasdaq article. Excerpt from Nasdaq.com: The paper, presented last month at the Federal Reserve Board’s conference on central banking and … Continue reading

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NYU Stern Launches MS in Business Analytics Program

Press Release New York University Stern School of Business today announced a new Master of Science in Business Analytics  that will be offered in Shanghai and at the School’s Washington Square campus beginning in May 2013. The MS in Business … Continue reading

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How Shape-Shifting Banks Foil Dodd-Frank Act

In a new Bloomberg op-ed, NYU Stern economists Thomas Cooley and Kim Schoenholtz criticize banks for spinning off their investment activities to avoid compliance with Dodd-Frank. They propose that regulations should target financial instruments and markets instead of just the institutions. … Continue reading

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Student Profile: Rob Schreur of the Class of 2012

Graduate student Rob Schreur discusses his experience in the Master of Science in Risk Management Program for Executives at NYU Stern School of Business. Rob is CIO of Philips Pensionfund (PPF) in the Netherlands, with responsibility for asset liability management, … Continue reading

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NYU Stern Launches Center for Real Estate Finance Research

NYU Stern has announced the establishment of the Center for Real Estate Finance Research, which will be led by Professor Stijn Van Nieuwerburgh. Press Release: NYU Stern Establishes Center for Real Estate Finance Research May 15 Inaugural Conference Features NYC … Continue reading

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Another Troublesome Feature of CDS Usage

NYU Stern Professor Marti Subrahmanyam and ESADE Business School Professor Pablo Triana coauthored an op-ed in the Financial Times on credit default swaps. They argue that the most dangerous component of credit default swaps is the “empty creditor” phenomenon, in … Continue reading

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A Divorce Settlement for the Eurozone

NYU Stern Professor Nouriel Roubini coauthored an op-ed in the Financial Times with Arnab Das, Managing Director of Market Research and Strategy at Roubini Global Economics. They propose that the European Union remove troubled members to contain the debt crisis. … Continue reading

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Why Boring is Best

The research of NYU Stern Professor Lasse Pedersen and Andrea Frazzini of AQR is highlighted in a new Financial Times article. In “Why Boring is Best,” the genius of Warren Buffet’s stock picking style is attributed to his investment in … Continue reading

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Securitization Without Risk Transfer

Viral Acharya and Philipp Schnabl of NYU Stern and Gustavo Suarez of the Federal Reserve have a paper forthcoming in the Journal of Financial Economics. Abstract of “Securitization Without Risk Transfer” We analyze asset-backed commercial paper conduits, which experienced a … Continue reading

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Flexibility is Key for Currency Fund Managers

The Financial Times highlights an academic paper by Professor Richard Levich of NYU Stern and his co-author Momtchil Pojarliev, a senior portfolio manager at Hathersage. They analyze currency trading styles and determine that the most dominant strategies are not always … Continue reading

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