Experience Stern | News & Events

As a part of the Conversations on Urbanization series held by NYU Stern’s Urbanization Project, Paul Romer, Director of the Urbanization Project and Professor of Economics spoke in a public presentation with Sergio Fajardo, Governor of Antioquia and former Mayor of Medellín.

John Sexton, president of New York University, delivered the 2015 Ashok C. Sani Distinguished Scholar-in-Residence Lecture to a packed auditorium of undergraduate students, alumni and guests from the family of alumnus Ashok C. Sani (BS ’74).

Excerpt from Quartz -- "In a new study of a trucking company in the midst of adopting Toyota’s famous lean principles (which emphasize respect, humility, and collective outcomes over individual ones) researchers from NYU and Columbia found that putting up a leaderboard comparing individual performance had vastly different effects, depending on whether or not an individual site had undergone the new cultural training."

Excerpt from HuffPost Live -- "[The potential merger] gets closer to a monopoly, but keep in mind that these companies are in different local areas, so they're not typically competing head-to-head. On the other hand, they all participate in the market of buying movies and video to show and there they will have much more power to squeeze the studios to give them lower prices. So that's a major issue, I think, for the Department of Justice."

Excerpt from TIME -- "Just 110 miles off the coast of Florida, Cuba should be a natural magnet for American travelers. Despite needing to meet special criteria to receive a visa from the State Department—allowable categories include educational and journalistic activities—170,000 Americans visited the country last year. As the restrictions slacken, the sky is literally the limit."

Excerpt from Poets & Quants -- "'Focusing on the questions that you want to ask students, that really helped me become a better teacher,' Hegde says. He also learned how important it was for a professor to listen to students, and focus on what they were taking away from class content, to be sure they had the necessary understanding, and to adjust the content to maximize learning, he says. And finally, Hegde says, it’s important for B-school instructors to avoid teaching the answers to questions and problems. 'Students are both more likely to enjoy learning and to enjoy lessons by discovering it themselves.'"

Excerpt from Forbes -- "Prof. Pankaj Ghemawat, (Redefining Global Strategy, 2007), a leading expert on globalization, outlines three generic strategies to create value..."

Excerpt from China Daily -- "Analysts in academia from across the globe reviewed that market on April 17 at New York University's Stern School of Business. It was sponsored by Stern's Center for Global Economy and Business and the Center for Real Estate Finance Research."

Excerpt from The New Yorker -- "Indeed, a major study by the economists Xavier Gabaix and Augustin Landier, who happen to believe that current compensation levels are economically efficient, found that if the company with the two-hundred-and-fiftieth-most-talented C.E.O. suddenly managed to hire the most talented C.E.O. its value would increase by a mere 0.016 per cent."

Excerpt from The News Journal -- "April Klein, an accounting professor at New York University's Leonard N. Stern School of Business, agreed that Peltz's plans for DuPont has commanded institutional investor's attention. 'Once other investors see a hedge fund has a plan to increase shareholder value, they begin to support that hedge fund,' Klein said. 'It's really that simple.'"

Two teams from NYU Stern were among the 10 finalists in the Morgan Stanley Sustainable Investing Challenge, which seeks to develop institutional-quality investment vehicles that produce positive environmental or social impact in addition to competitive financial returns.

Excerpt from Marketplace -- "In recent years Cadillac has had little to tout besides its high end Escalade SUV. In order to become relevant again, Serdari believes the brand needs to cut back its offerings, and go upmarket to firmly re-establish itself on the high end of luxury, a place BMW, Audi and Mercedes already occupy. 'Then perhaps they can reverse their strategy and start targeting the mass market with less expensive models.'"

Excerpt from Forbes -- "'Google+ is already dead,' said Scott Galloway, Clinical Professor of Marketing, NYU Stern, Founder & CEO of L2, a business intelligence firm, in Munich last month. 'It has a 98% decline in engagement rate, year-over-year.'"

Excerpt from Poets & Quants -- "Alter provides Stern students with valuable insights into one of the most important skills in business: understanding what makes people tick. ... At Stern, Hegde has received extremely high ratings for his teaching in the part-time Langone MBA program. Of particular interest to his students may be Hegde’s research finding that venture capitalists are more likely to put money into startups with executives from the same ethnic background, and that when VCs and entrepreneurs shared the same ethnicity, startups were more successful."

Excerpt from The Chronicle of Higher Education -- "Efforts to increase diversity among the faculty will be stymied if female and minority students aren’t given the same encouragement and support to enter doctoral programs, the researchers note."

Excerpt from Bloomberg -- "I still have the view that, probably, the probability of a Greek exit from the Eurozone is very limited. Of course, both sides are playing hardball... There's not going to be any debt value reduction for the time being. Maybe maturity extension. So I'm still of the view that, step by step, they're going to reach a deal... This saga is going to continue, but short of a Greek exit."

Excerpt from OZY -- "Names induce certain sentiments in the same way. 'What does a name remind us of, and is it appealing — does it glide off the tongue? Those are the biggest drivers in name choice,' says Adam Alter, a marketing professor at NYU’s Stern School of Business who has studied the perception of names."

On April 17, NYU Stern’s Center for Global Economy and Business (CGEB) and Center for Real Estate Finance Research (CREFR) co-hosted the Conference on China's Real Estate Markets. The conference brought together leading experts on China's real estate markets for an in-depth discussion of the origins of the Chinese property boom and a study of its consequences for the Chinese macro-economy, financial institutions and markets, government and the rest of the world.

Distinguished academics from around the world will convene to share their research in the rapidly evolving field of network economics at the 2015 NET Institute Conference, held in partnership with NYU Stern’s Center for Global Economy and Business.

Excerpt from Livemint -- "The entire Net neutrality debate can be seen through the prism of such platform markets. After all, the telecom company providing Internet access deals with two sides: content providers and consumers. A fine analysis of digital networks as two-sided markets was made by the splendidly named Nicholas Economides of the Stern School of Business and the Swedish economist Joacim Tag."

Excerpt from Computer Weekly -- "At the Demandware Xchange 2015 conference in Las Vegas, Galloway claimed the Apple Watch signals a nail in the coffin of the wearables market, because everything people can do on a wearable they can do on their phone.According to Galloway the Apple Watch is the deathblow to the overestimated wearables market, because the current conception of wearables is just an extension of your phone that does not add much additional value."

Excerpt from Financial Times -- "The most recent US downturn was so painful because US households’ borrowing binge in the first half of the 2000s left them stuck repaying large debts (often against assets that had plunged in value) and unable to spend money on new goods and services that they actually wanted... A fascinating new paper by Xavier Giroud and Holger Mueller argues that many US companies went through a similar experience, and that this made the downturn about twice as worse as it otherwise would have been."

Excerpt from The Economist -- "Holger Mueller and Thomas Philippon, of New York University’s Stern Business School, suggest that family companies tend to have better labour relations than other firms. They keep their workers for longer and can call on deeper reserves of loyalty."

Excerpt from The Economist -- "Financial assets indicate how society values time. However, not many assets exist for very long but finite time periods... This is a problem when thinking of things far into the future—such as the long-term economic impacts of climate change... New research by Stefano Giglio, Matteo Maggiori and Johannes Stroebel of Chicago, Harvard and New York Universities tries to get around this problem. They exploit a quirk in the British and Singaporean real-estate markets... With this, the three economists can estimate the discount rate used to value very long-term assets."

Excerpt from TIME -- "Putin’s place on this year’s list comes thanks to his gravity-defying ability to confront the West in ways that boost his popularity in a country suffering through an economic meltdown for which his own policies are largely responsible. No leader arouses more fascination around the world, because his actions speak a language of defiance that so many of his people want to hear, lifting him to levels of popularity that other leaders can only envy."