Faculty News

Professor Kristen Sosulski is quoted in a story on Python's popularity as a computer-programming language

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Excerpt from TechRepublic -- "'Python is very popular because of its set of robust libraries that make it such a dynamic and a fast programming language,' said Kristen Sosulski, clinical associate professor of information, operations, and management sciences in the Leonard N. Stern School of Business at New York University, and author of Data Visualization Made Simple. 'It's object-oriented, and it really allows for everything from creating a website, to app development, to creating different types of data models.'"
Research Center Events

NYU Students, Alumni and Faculty Learn More about Stern’s $300K Entrepreneurs Challenge

Audience at the $300K Entrepreneurs Challenge
The W. R. Berkley Innovation Labs hosted the $300K Entrepreneurs Challenge Kick-Off & Info Session on Wednesday, September 12, 2018.
Faculty News

Professor Thomas Philippon's research on financial markets and inequality is referenced

Excerpt from MoneyControl -- "Moreover, financial markets were also central to rising inequality, as initially shown by researchers such as Thomas Philippon and Simon Johnson."
Faculty News

Professor Dolly Chugh is interviewed about unconscious bias, from her new book, "The Person You Mean to Be"

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Excerpt from NPR -- (1:42:48) "We have lots of evidence in my field of psychology that we don't always hit the mark of who we see ourselves as...as psychologists what we can tell you is we have unconscious bias, we have blind spots, we have all sorts of ways in which outside of our own awareness we are swayed by situational forces around us..."
Faculty News

Professor Richard Sylla discusses the evolution of the banking industry

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Excerpt from Marketplace -- "'There's been a tremendous amount of consolidation during the last four decades,' Sylla said. 'The American banking system went from about 13 or 14,000 commercial banks four decades ago down to closer to 5,000 now.'"
Faculty News

Professor Anindya Ghose highlights Alibaba CEO Daniel Zhang's accomplishments

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Excerpt from Quartz -- "'(Zhang) is one of the sharpest analytical thinkers today in China,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School."
School News

In a feature story on NYU Stern, 10 Class of 2020 MBA students are profiled; Dean Raghu Sundaram highlights the growth in Stern Solutions projects; and Professor and Vice Dean of MBA Programs JP Eggers cites the School's strength in technology

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Excerpt from Poets & Quants -- "We launched the new Focused MBA program in Technology & Entrepreneurship in May 2018 (Andre Koo Tech MBA), and Technology has become the #3 employer of Stern MBA graduates (behind Finance and Consulting), with Amazon as #1 for the Class of 2017. This means more courses (across all programs) in technology, fintech, analytics, and entrepreneurship, and more technology companies on campus for projects and recruiting. Whatever your career aspirations, technology and exposure to technology are central to everyone’s success."
Faculty News

Professor Tensie Whelan's nomination as an independent director to Aston Martin's board as part of the company's preparation for its IPO is highlighted

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Excerpt from the Financial Times -- "As well as Mrs Hughes, Aston also named former InterContinental Hotels chief executive Richard Solomons, and former Sainsbury’s executive Imelda Walsh to its board, along with former Deutsche Bank and Deloitte director Peter Espenhahn, director of the Arab British Chambers of Commerce Lord Matthew Carrington, and Professor Tensie Whelan from the New York University Stern Center for Sustainable Business."
Faculty News

In an in-depth interview, Professor Jonathan Haidt shares his views on how the perception of freedom of expression has shifted in the US, from his new book, "The Coddling of the American Mind"

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Excerpt from CNN -- (1:21) "What began happening in 2014, 2015, is that professors and students who would say something, somebody would react to one word and there would be protests and there would be demands that the person be punished or fired and it took everyone by surprise. It seemed very strange. That's what we are seeing now, the new generation of students -- these are not millennials, these are the kids born after 1995. They have been raised in a very protected way, they are very sensitive to the power of words but there is this huge clash on campus now that is making it very difficult for example, to teach a class. You speak for an hour and if one person is offended by one word, they can report you."
Faculty News

In a Q&A profile, Professor Melissa Schilling discusses the behavior of Elon Musk and other serial breakthrough innovators, from her book, "Quirky"

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Excerpt from Bloomberg -- "When you study these serial breakthrough innovators, you'll discover that a lot of them are what in management we would call 'low self-monitors,' meaning they don't monitor their persona or the way they present themselves very carefully. This is actually relevant to their ability to generate unusual ideas and to persist in the face of criticism. A person who cares a lot what people think of them is a person that’s going to make concessions when people disagree with their ideas."
Faculty News

Professor Sabrina Howell explains the impact private equity investment in for-profit colleges has on student outcomes, from her recent joint research

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Excerpt from MarketWatch -- "'Private equity-owned schools are better at capturing government aid and that is coming at the expense of student outcomes, said Sabrina Howell, a finance professor at NYU Stern and one of the authors of the study."
Faculty News

Professor Kim Schoenholtz explains how US policymakers are still incentivizing home ownership to a dangerous degree, in a story about the 10th anniversary of the financial crisis

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Excerpt from the Los Angeles Times -- "'We’re encouraging people to adopt very risky financial behavior — to acquire an illiquid, undiversified asset and to borrow heavily against it,' [Schoenholtz] said."
Faculty News

Professor Adam Alter explains the impact that a person's name can have on his or her success in life, drawing from his research

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Excerpt from CBS -- "We know that we pay a lot of attention to our names. There's an effect known as the cocktail party effect. And it's this idea that if you're at a cocktail party, there could be 100 people in a room. You could be at one corner of the room. There's a lot of noise. But if someone at the other corner of the room says your first name, you will hear it."
 
Faculty News

Professor Baruch Lev's views on the decreasing relevance of traditional financial reporting are featured, from his co-authored book, "The End of Accounting"

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Excerpt from The Wall Street Journal -- "'Every aspect of the financial report is adversely affected by this dated, industrial-age treatment of intangible capital,' Prof. Lev argued in his 2016 book, 'The End of Accounting and the Path Forward for Investors and Managers,' co-written with Feng Gu, a professor of accounting and law at the University at Buffalo"
Faculty News

Professor Vasant Dhar is quoted in a feature story on AI-powered hedge funds

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Excerpt from Bloomberg Quint -- "'Just because you have special tech and AI doesn’t mean you’re off to the races,' said Vasant Dhar, a professor at New York University who has run an AI-powered hedge fund for about a decade. 'This tech is interesting but fraught with all kinds of risks.'"
Faculty News

Professor Nouriel Roubini is interviewed about the rise of populism in Italy at the “Intelligence on the World, Europe, and Italy” forum

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Excerpt from Bloomberg -- "'This new government promised the moon, but when the spread rose to about 300 they panicked,' Nouriel Roubini, chief economist at Roubini Global Economics, said at the conference in Cernobbio. 'On the one side they promised a lot and have to deliver, on the other there is the deficit constraint.'"
 
Faculty News

Professor Lawrence White shares insights on the labor market, unemployment and wages

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Excerpt from Knowledge@Wharton -- "...The issue of the puzzle that wages weren't increasing even though the economy was strong, unemployment rate was low, we weren't seeing wages increasing was a continuing puzzle. [It's] still not clear why that was so six months ago, a year ago, two years ago, but it is clear now that the ... labor market is having some consequence for wages. However, it's important to remember that inflation is kicking up a little bit as well..."
Faculty News

Professor Scott Galloway's views on the impact of Nike's "Just Do It" campaign are referenced

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Excerpt from Fast Company -- "After an initial drop, Nike’s stock is on working its way back up. The emotional, knee-jerk reactions of many will subside, and overall the brand will be stronger for being on the right side of history. Besides, as NYU marketing professor Scott Galloway tweeted yesterday, the American market is less than half of the company’s overall revenues."
Faculty News

Senior Research Scholar Shlomo Angel's work on urban expansion is referenced

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Excerpt from The Economist -- "The Atlas of Urban Expansion, a project run by Shlomo Angel of New York University, has good data on Cairo, Dhaka, Lagos, Manila and São Paulo. All are at least twice as densely populated as Paris. Dhaka, with an overall density of 552 people per hectare in its built-up area, is ten times as crowded as Paris."
School News

Center for Business and Human Rights deputy director Paul Barrett discusses how some tech workers have taken a stand against their companies' leadership

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Excerpt from NBC News -- "'To a much greater degree than outside Silicon Valley, the employees of these companies have a sense of purpose and idealism,' said Paul Barrett, deputy director of the Center for Business and Human Rights at New York University."
Faculty News

Professor Harry Chernoff highlights key factors prospective homebuyers should consider

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Excerpt from WalletHub -- "I advise potential homeowners (including private houses, condos, and coops) to follow three rules. Buying now is a good idea if: 1. You will love living there, 2. You can afford it, 3.You have no short-term (<5 years) constraints that would force you to move and sell."
Faculty News

Professor Anindya Ghose explains the power Amazon’s brand provides for entrepreneurs accepted into the Delivery Service Partners program

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Excerpt from CNBC -- "'Associating yourself with the Amazon brand, even if you are one of several hundred delivery companies, is extremely powerful,' Ghose explains. If you start your own low-cost small business on your own, 'then, it's just your brand. And it's going to take forever for anybody to establish their own brand. I think that, for me, is the biggest difference.'"
Faculty News

Professor Nicholas Economides comments on competition and service in the telecommunications industry

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Excerpt from AZCentral -- "'In most parts of the country, there are only one or two providers,' Economides, the NYU economist, said. 'That's very little competition actually, and that's one of the reasons why prices are high. If you only have two companies, and you're dissatisfied with one, you have to go to the other. You might be dissatisfied with both.'"
Research Center Events

Economic Outlook Forum

NYU flags outside of the Henry Kaufman Management Center
The NYU Stern Center for Global Economy and Business will host the Economic Outlook Forum on September 6, 2018.
Faculty News

Professor Adam Alter explains why data from fitness trackers is valuable to marketers

Excerpt from Popular Science -- "In his own research, for example, Alter has shown we’re more likely to run a marathon when our age ends in a nine—29, 39, 49—because the dawn of a new decade prompts people to seek meaning. 'With that knowledge you might advise running shoe companies to advertise to people who are approaching a new decade, or people, more broadly, who might be experiencing life transitions,' Alter writes."