Wagner Professor Jason Furman Testifies on Social Security Reform Before U.S Senate SubcommitteeWagner Professor Jason Furman testified before the Subcommittee on Securities and Investment of the U.S Senate Committee on Banking, Housing, and Urban Affairs. Furman's testimony, "The Financial Costs of Individual Accounts," outlines the potential costs and drawbacks to the proposed privatization of Social Security.
Former OMB Director Rivlin to Speak at NYU WagnerAlice Rivlin, founding director of the Congressional Budget Office, director of the President's Office of Management and Budget, and vice chair of the Federal Reserve Board under Alan Greenspan, will be speaking at NYU Wagner on Wednesday, Dec. 1, from 6pm to 8pm.
Wagner Professor Dwight Denison in US News & World ReportWagner professor Dwight Denison was quoted in US News & World Report for a story about rising property taxes.
Wagner Professors in Education WeekWagner professors Amy Schwartz (public policy) and Leanna Stiefel (economics), recently co-authored an article for Education Week that called for school systems to use efficiency as a basis for determining which elementary and secondary schools are successful, and which need to be impoved.
Micro-insurance: The Next RevolutionMost citizens and businesses in developing countries cannot buy insurance against common risks; insurance markets are thin and public responses are limited. Health insurance, life insurance, and property insurance are unobtainable for average citizens in most of the world, and this is doubly so for the poorest. Wagner Associate Professor of Public Policy and Economics Jonathan Morduch describes why, and how new ideas can change things. Others have so far focused mainly on how to build strong institutions that can provide insurance. In this essay instead the focus is on the design of products that can most help poor customers deal with risks.
Conversations in Public Service with US Trust's Linda Franciscovich.Linda Franciscovich, a managing director and manager of Philanthropic Advisory Services at U. S. Trust, will be the featured speaker at the next Conversations in Public Service, to be held Friday, April 30, at 8:30am. If you are interested in participating, send an e-mail to firstname.lastname@example.org with your name, degree, specialization, year of graduation, and a short statement indicating your career interests and reasons for wishing to attend (so that Dean Schall can introduce you at the event). The deadline to submit this e-mail is Friday, April 23rd at 5 pm. We will notify the students who have been selected by Tuesday, April 27th.
Congressional Budget Office Director to Speak at NYUDouglas Holtz-Eakin, director of the Congressional Budget Office, will speak at NYU on Thursday, March 25, from 6pm to 7:45pm. The event will be held at the Stern School's Kaufman Management Center, at 44 West 4th Street, Suite 5-50. Please RSVP to email@example.com with your name and affiliation.
Test Score Gaps in New York State Schools: What do Fourth and Eighth Grade Results Show?Wagner professor Leanna Stiefel will discuss findings from a study conducted with professor Amy Schwartz and doctoral student Colin Chellman at a brownbag lunch on Wednesday, Nov. 19.
Jonathan Morduch Joins U.N. Committee to Design Systems of Poverty MeasurementNYU Wagner Professor Jonathan Morduch has been appointed to an expert steering committee of a multi-year United Nations project that will focus on designing and implementing systems of poverty measurement. Morduch was also recently interviewed at length about prospects and tensions in microfinance by the director of the United Nations Commission on the Private Sector and Development. The commission aims to identify innovative ways to foster private sector activity that enhances the well-being of low-income households.
Jonathan Morduch Lectures at Asian Development Bank InstituteNYU Wagner Professor Jonathan Morduch was the invited lecturer at the Asian Development Bank Institute in Tokyo. Morduch presented new research on financial markets in Indonesia completed in 2002-3 while Morduch was an Abe Fellow and visiting professor at the University of Tokyo. The research finds that a substantial number of very poor households in Indonesia have economic returns to investments that make them viable as bank borrowers. The new findings contrast with arguments made by microfinance experts who have argued that the very poor are inappropriate targets for bank loans. While in Tokyo, Morduch also presented new research at Hitotsubashi University, FASID/GRIPS Institute, The University of Tokyo, and JICA, the Japanese foreign aid agency.
New Research: An Empirical Examination of the Determinants of Insured Municipal Bond IssuesDwight V. Denison, Assistant Professor of Public and Nonprofit Finance at NYU Wagner, examines the theoretical determinants of bond insurance in this paper published in Public Budgeting and Finance (March 2003).
Emanuel Tobier, Professor Emeritus of Economics and Planning, dies at 73Emanuel Tobier, Professor Emeritus of Economics and Planning, dies at 73.
Forum: Paying Off the Debt: The Future of New York City Hospitals (Thurs, April 3 at NYU)
�Paying Off the Debt: The Future of New York City Hospitals� is the subject of this year�s Kovner Berman Event, sponsored annually at the NYU Wagner Graduate School of Public Service.
New Working Paper: Derivative Financial Instruments and Nonprofit Health Care ProvidersLouis J. Stewart, Assistant Professor of Health Financial Management at NYU Wagner, and Vincent Owhoso, Associate Professor of Accounting at Bentley College, conduct an exploratory study of derivative financial instruments use among U.S nonprofit hospitals and health systems.
Denison Published in the Municipal Finance JournalAssistant Professor Dwight Denison�s paper, �How Conservative Are Municipal Investment Practices in Large Cities?� was published in the Municipal Finance Journal [(2002) Vol. 23, (#1 Spring) pp 35-51] based on his research findings about the investment practices of urban cities which found that the array of investments that are permissible for the investment of idle cash balances has expanded in the last decade as a result of strained fiscal resources, and that within the expanded array the investments most frequently utilized are those generally perceived as low-risk.
Prof. Netzer elected to AICP College of Fellows
Professor Emeritus Dick Netzer was elected to the College of Fellows of the American Institute of Certified Planners, a select group of about 200 planners chosen from among the much larger American Institute of Certified Planners (AICP). Election to Fellow is one of the highest honors that the AICP bestows upon a member. This honor is a recognition of the achievements of the planner as an individual, elevating the Fellow before the public and the profession as a model planner who has made significant contributions to planning and society. Fellowship is granted to planners who have been members of AICP and have achieved excellence in professional practice, teaching and mentoring, research, public/ community service, and leadership. Those chosen become members of the College of Fellows, which is primarily concerned with mentoring and future advancement of the profession of planning.
Professor Stiefel gives Presidential Address at American Education Finance Association
Professor Leanna Stiefel completed her year as president of the American Education Finance Association, with delivery of the presidential address at the AEFA’s annual research conference in Albuquerque, New Mexico in March. She traced the intellectual history of the organization, pointing out several areas that needed more attention at the conferences, including the federal role in school finance and the financial implications and consequences of school racial segregation in the U.S. At the conference, Professor Amy Ellen Schwartz, presented a paper on the Campaign for Fiscal Equity court case co-authored with Wagner’s former Dean Robert Berne and Professor Stiefel. Also presenting papers were Wagner PhD’s Patrice Iatarola, Ross Rubenstein, and Michele Moser and Wagner doctoral students Hella Bel Hadj Amor, Dae Yeop Kim and Carole Portas.
Prof. Finkler wins Nursing Award
Professor Steven Finkler won the 2002 Ross Products-AACN Pioneering Spirit Award by the American Association of Critical-Care Nurses in recognition of his pacesetting contributions that have made financial management knowledge readily accessible to nurses, and his continued collaboration with nurses as a teacher and co-investigator. The award, to be presented at the Association’s May 7th Atlanta conference, recognizes far-reaching contributions that exemplify a pioneering spirit and influences the direction of acute and critical care nursing.
Adjunct Prof. Martin Ives Wins Budgeting and Financial Management Award
Adjunct Professor Martin Ives was awarded the S. Kenneth Howard Award by the Association for Budgeting and Financial Management (ABFM) at its annual meeting in January held in Washington DC. The Howard Award recognizes a practitioner for lifetime achievements in the field of budgeting and financial management. Professor Ives has served as the deputy comptroller of both New York City and New York State, and is the past director of research of the Governmental Accounting Standards Board.