The Salomon Center at New York University Stern School of Business was founded in 1972 as a vehicle for focusing high quality research attention on the global financial services industry and its principal institutions. Among its activities, the Center conducts new research on a variety of financial topics; conducts high profile conference for academics, practitioners and regulators; and distributes newsletters to the relevant community highlighting important research developments in specific areas covered by the Center.
The Center has an excellent reputation outside the NYU community and benefits from an outstanding external academic board, including Myron Scholes (1997 Nobel Laureate in Economics and past AFA president), Sanford Grossman (1987 John Bates Clark Medal in Economics and past AFA president), and Robert Litzenberger (past AFA president).
- Asset Management directed by Martin J. Gruber (Director, National Bureau of Economic Research (NBER) and past AFA President) - focuses on examining and explaining the existence, management, and performance of pools of capital, concentrating on institutions such as pension funds, mutual funds, and hedge funds.
- Credit and Debt Markets directed by Edward I. Altman (past FMA President) -focuses on efficient functioning and dynamic nature of the world's credit and debt markets.
- The NASDAQ Derivatives Research Project directed by Stephen Figlewski (Founding Editor, Journal of Derivatives) - focuses on theoretical and applied research on derivative instruments and markets, risk management and financial engineering.
- Center for Financial Econometrics directed by Robert F. Engle (2003 Nobel Laureate in Economics) - focuses on the application of econometrics to the field of finance with special attention to the development of techniques for risk management, derivatives pricing, and market performance
- Financial Institutions directed by Alexander Ljungqvist-focuses not only on "traditional" banking questions, such as the regulation of commercial banks and the monetary transmission channels between the banking sector and the real economy, but also on the role and efficiency of investment banks and private equity funds in helping companies raise capital.
The NYU Salomon Center's partnership with a number of important financial institutions, called Corporate Associates, has led to the formation of a Database Center. The Database Center allows academics to address questions using a variety of proprietary data sources. In addition, the Center processes particular data of interest to practitioners. For example, the Center maintains a monthly time-series of indices on defaulted bond and bank loan prices since the 1980s. With the recent development of the database facility, this type of offering is an expanding part of the Salomon Center. Using this data, the Center's various research programs are becoming online portals for news, academic research, and data processing in their particular areas of interest.
- The NASDAQ Derivatives Research Project Symposium on ETFs, April 4, 2008
- Second Annual Conference on the Intersection of Taxes and Investing, May 1, 2008
- Fifth Annual Credit Risk Conference: Recent Advances in Credit Risk Research, May 14-15, 2008
- The Society for Financial Econometrics Inaugural Conference 2008, June 4-6, 2008
- NASDAQ Derivatives Research Project Symposium on Securitization, February 9, 2007
- The Intersection of Taxes and Investing, April 27, 2007
- Derivatives 2007: New Ideas, New Instruments, New Markets (sponsored by International
Securities Exchange and The NASDAQ Stock Market), May 18, 2007 - 18th Annual Conference on Financial Economics and Accounting,, October 26-27, 2007
- Third Annual New York Fed/NYU Stern Conference on Financial Intermediation, November 16, 2007
- NASDAQ Derivatives Research Project Symposium on Finance in a Time of Turbulence, November 30, 2007
- NYU Stern Five-Star Conference on Research in Finance, December 7, 2007
- The NASDAQ Derivatives Research Project Research Day 2008, February 1, 2008
