Experience Stern | News & Events

Excerpt from KHOU -- "'The main reason people use zero-based budgeting is to control their spending habits in the face of impulsive behavior,' says Dr. Constantine Yannelis, an assistant professor of finance at NYU Leonard N. Stern School of Business."

Excerpt from Quartz -- "'This is not so much about capital structure as it is about control,' Aswath Damodaran, a professor and valuation expert at New York University, told Quartz. 'I don’t like it, as an investor, but my guess is that the investors who like Snap will let it go by, just as they have for Google and Facebook.'"

Excerpt from Clear Admit -- "The vision behind the scholarship is very much in line with the efforts and initiatives of the popular student club Stern Women in Business (SWIB). Devoted to building a supportive community focused on topics significant to women in business, SWIB counts men as well as women among its members, including on its leadership board. This is in keeping with the club’s goal of providing a forum where diverse experiences, perspectives and resources can be shared."

NYU Stern is establishing a new merit-based scholarship, the Advancing Women in Business Scholarship, for incoming full-time MBA students. The scholarships will be awarded to students who demonstrate a deep and abiding commitment to advancing women in business and will cover the first year of tuition and mandatory fees. 

On Thursday, February 2, NYU Stern’s Master of Science in Risk Management program hosted a roundtable entitled “New U.S. Administration:Risky Spotlight on Economy, Trade and China.” Featured speakers included Michael Waugh, NYU Stern Associate Professor of Economics, and David Denoon, Professor of Politics and Economics and Director of the NYU Center on U.S.-China Relations.

On February 1, Professor Kim Schoenholtz moderated a discussion among three leading economists.

Excerpt from The Boston Globe -- "'There’s a reason why teams have fish and [birds] on their helmets and not people,' said Scott Galloway, a professor of marketing at NYU’s Stern School of Business. 'It’s very dangerous for a team to associate itself with anyone but the most likable people in a public way. And politicians are almost always going to alienate at least half your base.'"

Excerpt from the Los Angeles Times -- "'Trump's grandfather immigrated from Germany, so there's a double dose of irony,' said Russell S. Winer, a marketing professor at the New York University Leonard N. Stern School of Business. 'I think Americans will like the ad, as they don't think of immigrants from Europe the same way as immigrants from Africa or Muslim countries in the Middle East.'"

Excerpt from Clear Admit -- "'As President Hamilton so eloquently stated, the order and its immediate impact have left many of us with heavy hearts and deep concerns for those who are directly or indirectly affected,' [Henry] wrote. 'As an immigrant who was welcomed to this country almost 40 years ago and proudly became a U.S. citizen, it is a particularly sobering time for me.'"

Excerpt from CityLab -- "...as Friedland and Jeanne Calderon explain in a report for the Stern Center, in EB-5 deals, the developer often serves as both lender and borrower, setting terms for the loan it both generates and receives. 'The fraud uncovered to date spans all parts of the nation,' Friedland and Calderon write."

Excerpt from US News & World Report -- "'Some people may find it surprising that runners actually pick one and another out [to try to beat] at these kind of races, but my experiences speaking with them suggests they indeed do,' said lead author Gavin Kilduff..."

Excerpt from Marketplace -- "Those are going to have a higher price, and that is going to put a dent on the wallet of American consumers and also on the bottom line of American companies."

Excerpt from the Financial Times -- "Participation in the projects 'widens students’ perspective of humanity', says Shlomo 'Solly' Angel, a professor at NYU’s Marron Institute of Urban Planning. 'Projects like this have nothing to do with making money,' he says. 'They have to do with students getting acquainted with people who are so different from them in terms of culture, income and outlook.'"

Excerpt from Motherboard -- "The way Eriksson has been living her life for the past year is a glimpse of how a growing number of us will be living in the future, according to Arun Sundararajan, New York University business professor and author of The Sharing Economy. ... 'We’re transitioning into an alternative of corporations and mass production,' Sundararajan says."

Excerpt from The Chronicle of Higher Education -- "No economy ever achieves an absolute separation of commerce and cooperation. Market traders have always needed some basis on which to trust one another, be that recommendation, regulation, or repeat interaction. In his new book, The Sharing Economy, Arun Sundararajan, a professor in New York University’s Stern School of Business, argues that the border between market exchange and social reciprocity is becoming more porous than ever."

Excerpt from The New York Times -- "Jonathan Haidt, a social psychologist at New York University, calls it the clash between globalists and nationalists. The globalists, who tend to be urban and college educated, want a world like the one described in John Lennon’s song 'Imagine' — no religion, walls or borders dividing people. The nationalists see that as a vision of hell. They want to defend their culture and emphasize the bonds of nationhood — flag, Constitution, patriotism. They also want to limit immigration, an instinct that globalists are often quick to condemn as racist."
 

Excerpt from USA Today -- "Thomas Cooley, an economics professor at New York University and former dean of the university's Leonard N. Stern School of Business, agreed, saying that a stronger dollar could cushion the fallout for retailers and other importers. Still, if the proposal goes into effect, 'there will be winners and losers,' he said, with companies that have U.S.-based factories faring far better than their counterparts that don't. 'In that sense,' Cooley said, the proposed tax change 'encourages domestic investment ... in the U.S.'"

Excerpt from Bloomberg View -- "As social psychologist Jonathan Haidt has argued for years, doing things in groups is really hard, and the larger the group, the harder it gets. Moral values like group loyalty -- an instinctive group loyalty, not some dry intellectual thing carefully reasoned from first principles and self-interest -- make it possible for us to do this very difficult thing."

Excerpt from Citi 97.3 FM -- "The five-year project by the NYU Stern School of Business (SIV Ghana) and Adanu, is to among other things to improve education, potable water, health care and small scale businesses in the area. Waodze-Tsatoe community is one of the numerous communities deprived of basic social amenities in the Afadzato South District."

Excerpt from Fortune -- "Belen Villalonga of New York University has found that controlled companies have higher-than-average profitability."

Excerpt from Forbes -- "The new book from a professor of psychology and marketing at NYU Stern and the author of Drunk Tank Pink, the bestselling study of how environmental factors shape how we think and behave. Here, Alter tracks the rise of behavioral addiction – to social media, TV binge-watching, work and more – and explores how we can both set better boundaries and learn to use addictive products for good."

Excerpt from the Foundation for Economic Education -- "Paul Wachtel, an NYU economics professor who was on Greenspan's dissertation committee, defends Greenspan’s work, claiming, 'the chapter written by Greenspan in 1959 on investment risk and stock prices anticipated by 10 years the Q ratio developed in 1969 by the late James Tobin,' who would become a Nobel laureate."

Excerpt from Quartz -- "'There’s a growing concern about the gap between what’s true on the internet and what’s not, and how the internet and these social networks and platforms are affecting both political and social interactions,' said Posner, a former member of the Obama administration and professor at New York University’s Stern School of Business. Donald Trump’s upset in the US presidential election was viewed as the first 'earth-shaking impact of this kind of bias,' Arun Sundararajan, a professor at NYU Stern who attended the meeting, told Quartz."

Excerpt from The Wall Street Journal -- "In November, investors were expecting to earn 6.3 percentage points more by owning risky stocks instead of safe bonds, according to Aswath Damodaran, a finance professor at New York University. By Wednesday that premium had shrunk to 5.7 percentage points."