Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "Kim Corfman, a professor of marketing and academic director of NYU Stern’s new fashion-focused program, says the new degree is a good fit for the school, given classes like 'Luxury Marketing' and 'Next Generation Fashion' that the school already offered to M.B.A. students."

Excerpt from The Wall Street Journal -- "Mervyn King, former governor of the Bank of England, went further, arguing, 'President Trump is right when he identifies a problem with current international trading and monetary relationships.'"

Excerpt from Associated Press -- "Gutteres never mentioned the American leader by name in his speech at New York University’s Stern School of Business, his first major address on climate change since taking the reins of the United Nations on Jan. 1. But he said in response to a question afterward that the United Nations believes 'it would be important for the U.S. not to leave the Paris agreement.'"

Excerpt from NASDAQ -- "From 2007 to 2016, Standard & Poor's 500-stock index delivered an average annual total return of 8.7%, according to Aswath Damodaran of New York University's Stern School of Business."

Excerpt from WashingTECH -- "In my book, I talk about the important distinction that policymakers should provide between government use of our data and corporate use of our data. So what I mean by that is, if Amazon or Google or Apple, any other company, is trying to send me an offer or a message and that's not relevant or that's not well targeted, it may end up being annoying. But it's not going to completely change my life. Whereas, we've also seen issues about government use of our data that goes to the extent of extreme surveillance. So I would like the average consumer to be embracing the distinction between government use of data and corporate use of data, and I think policymakers should also embrace that distinction."

On Tuesday, May 30, The United Nations and New York University Stern School of Business welcomed António Guterres, Secretary-General of the United Nations, for an event entitled "Climate Action: Mobilizing the World."  

Excerpt from Business Insider -- "Alter said in his talk that screens 'rob us of stopping cues,' which are signals that remind us to move on. The distraction and entertainment is constant, unlike a newspaper which finishes when you reach the end. Instead, there is no obvious time to stop — so we don't."

Excerpt from WIRED -- "'But do you really expect to keep seeing returns of 200 to 300 percent?' says David Yermack, a New York University professor of finance. 'You'd have to have all the wealth in the world in bitcoin to keep that up.' In other words, past performance is not indicative of future results."

Excerpt from Forbes -- "The recognition that the few hundred people in the room had barely started their journey was reflected in remarks by NYU Stern Business School professor Luke Williams. 'It takes a long time for people’s thinking to catch up to the technology,' he said. 'One of the reasons we’re here today is to allow our thinking to keep track with the mechanism of technology. Thinking changes much slower because we’re dealing with really well-established concepts like money.'"

Excerpt from Commodity Trade Mantra -- "I also spoke to Professor Rosa Abrantes-Metz at the New York University Stern School of Business. She is the leading expert on globe price manipulation. She actually testifies in gold price manipulation cases that are going on. She wrote a report reaching the same conclusions. It’s not just an opinion, it’s not just a deep, dark conspiracy theory. Here’s a PhD statistician and a prominent market expert lawyer, expert witness in litigation qualified by the courts, who independently reached the same conclusion."

Excerpt from Xinhua -- "Robert Engle, from the New York University's Stern School of Business and the Nobel prize winner in 2003, has been awarded almost 324,000 U.S. dollars for the period of three years. Engle will try to measure the connection between climate changes and risk and return in the management of oil fund money."

Excerpt from ETF.com -- "As Stijn Van Nieuwerburgh shows in his April 2017 paper 'Why Are REITs Currently So Expensive?,' REIT valuations have changed over time. He showed that for the period 1972 through 2004, the price-dividend ratio (the inverse of the dividend yield, or D/P) on publicly owned REITs ranged between about 12 and 18."

Excerpt from Coindesk.com -- "To kick off the event, hosted at the NYU Stern School of Business, one of the earliest innovators in the crypto-space, Erik Voorhees – who sold his first bitcoin company, Satoshi Dice, in 2013 – revealed more details about digital currency exchange ShapeShift's new product, Prism."

Excerpt from Fox News -- "Every time you check an email, it could be something fantastic or it could be something mundane or maybe you don't have one at all. The same is true of every social media experience you have. You send something out into the world, sometimes you get great feedback, sometimes you don't. And that question mark is something that humans find really compelling."

Excerpt from Bloomberg View -- "Xavier Gabaix of New York University, for example, has been experimenting with one that seeks to account for human limitations in foreseeing the future and adjusting their behavior. One important insight: Because people don’t actually smooth their consumption perfectly over the life cycle, fiscal stimulus or 'helicopter drops of money' really can get them to spend more and help pull an economy out of recession."

Excerpt from A Sweet Life -- "Her 2016 paper in the Journal of Alzheimer’s Disease estimated that 40% of all Alzheimer’s cases were connected to hyperinsulinemia, or excess levels of insulin relative to glucose in the blood. That would include not just people with diabetes but the 86 million Americans estimated by the CDC to have prediabetes. 'If we can raise awareness and get more people tested for hyperinsulinemia … it could significantly lessen the incidence of Alzheimer’s disease and vascular dementia, as well as other diabetes-related health problems,' Schilling said in a press release."

Excerpt from Reuters -- "'A background in computer science or generally programming is incredibly helpful for the finance industry,' said Stephen Benvenuto Jr., a junior at the Stern School of Business at New York University, who is majoring in finance and considering pursuing a CFA credential. 'It's definitely moving in that direction.'"

Excerpt from Accepted.com -- "New York University’s Stern School of Business’s new Tech MBA and Fashion & Luxury MBAs will enable students who are firmly committed to business careers in those areas to build applicable skills and knowledge, gain relevant real-world experience, and earn an MBA in one year by taking 51 credits over the 12-month period. The first class for the Tech MBA and Fashion & Luxury MBA will enroll at Stern in May 2018. Stern anticipates that the inaugural classes will have 30 students in each specialty."

Excerpt from BusinessWorld Online -- "'Davao is a rapidly growing city and it has a lot of potential for open public spaces,' NYU Urban Expansion Program research team head Patrick Lamson-Hall said in an interview. Mr. Lamson and MBA students from NYU’s Stern School of Business are spearheading the research and have trained members of the Sustainable Davao Movement, city government officials and volunteers for the data gathering conducted on May 20-21."

Excerpt from Bloomberg BNA -- "'It would make sense for the company to put out as much information as it can to quell concerns about regulatory pushback,' Sundararajan told Bloomberg BNA. 'They’ve expanded globally, they’re far and away the market leader in their category, so the single biggest source of uncertainty about Airbnb’s revenue stream is regulator risk.'"

Excerpt from Project Syndicate -- "Another explanation is that the 2008 crisis is lingering in our minds, in the form of heightened fear that rare but consequential 'black swan' events could be imminent, despite moderately strong consumer-confidence measures and relatively low financial-market volatility (with some exceptions). A recent paper by New York University’s Julian Kozlowski, Laura Veldkamp, and Venky Venkateswaran argues that it is rational to harbor such fears, because once a formerly unthinkable event actually occurs, one is justified in not forgetting it."

On May 23, the NYU Stern Center for Sustainable Business and Ethical Systems welcomed Jack Ewing, European Economics Correspondent for The New York Times, for a discussion of his new book Faster, Higher, Farther: The Volkswagen Scandal.

Excerpt from Smart People Podcast -- "...What's happening over the last 4 or 5 years is that consumer usage of mobile phones and tablets has dramatically increased. It means we are spending more and more of our time there, whereas we're essentially reducing our time spent on television and newspapers and magazines, so on. Businesses find it valuable to be in those spaces, where consumers are, because then you can have a conversation with your consumer. You can have their attention."

Excerpt from Fast Company -- "Arun Sundararajan, a professor at New York University and author of the upcoming book The Sharing Economy, says that Hello Alfred has a business model that lends itself to hiring employees. 'It doesn’t make sense for them to use contractors on-demand because they’re trying to get individuals who keep going back to the same apartment,' he says. 'There’s trust that needs to build up between the customer and the Alfred.'"

Excerpt from Fast Company -- "Research on student debt and its potential effects on the economy abounds, but it tends to focus on millennials. 'Students in Distress,' an excellent study on default-related labor market shocks from NYU Stern’s Holger Mueller and Constantine Yannelis, is one recent example."