Experience Stern | News & Events

Excerpt from The Globe and Mail -- "New research by economists at New York University’s Stern School of Business suggests that the Trump administration’s mix of import tariffs and tax breaks skewed to wealthier Americans will produce the worst of all outcomes for U.S. workers. 'The worst policy mix is a regressive tax system with a high tariff,' economists Spencer Lyon and Michael Waugh conclude in a working paper for the U.S. National Bureau of Economic Research."

Excerpt from CNNMoney -- "'Consumers are creatures of habit,' said Allen Adamson, co-founder of growth strategy firm Metaforce and adjunct professor at NYU's Stern business school. 'Any change is often difficult for them.'"

Excerpt from the Economic Times -- "'The fact that Asian investors are backing or plan to invest in India is a clear sign that have reached a point where they can compete head-to-head with western VCs searching for the next Amazon or Uber in emerging markets,' argues Anindya Ghose, a professor at New York University’s Stern School of Business."

Excerpt from Poets & Quants -- "'It’s a brand new idea and a new concept,' NYU Stern’s Isser Gallogly, associate dean of MBA admissions & innovation, explained in an interview with Poets&Quants. 'We are looking for students who are not only capable academically but also capable in leadership, managing teams and having emotional intelligence. So we really asked ourselves what can we do to get more insight into a person’s emotional intelligence into their character.'"

Excerpt from Bloomberg -- "Despite its popularity, two major challenges in crowdsourcing practice are: how to wisely use the limited querying budget and how to identify reliable workers. This research aims at addressing these challenges by developing a dynamic learning algorithm for crowdsourcing under budget constraints with online detection of workers’ quality and tasks’ difficulty and proposing new bandit learning algorithms for worker quality control that utilize rich contextual information of workers."

Excerpt from CBS News -- "EQ requires someone to regulate their own emotions and empathize with others. It's not an attribute that can be quantified such as profit and losses, but it's a key skill for corporate leaders nonetheless, Gallogly said."

Excerpt from Bloomberg -- "I did expect the government to appeal. The government might not be able to reverse the decision -- that is, to not allow the merger at all -- but maybe will be able to impose various conditions. The way that the previous district court decision came, it came without any conditions whatsoever, and there is some evidence that, AT&T, post-merger, has increased the prices of cable distribution. So the government might have a good chance in imposing some conditions."

Excerpt from Yahoo Finance -- "'The liquidity faucet gets turned off pretty quickly in a recession,' says finance professor Edward Altman of New York University’s Stern School of Business, an expert on corporate bankruptcy. 'The default rate is going to go up, and go up a lot. It could get very ugly.'"

This course teaches participants to harness the full potential of large quantities of data to make more informed decisions at all levels of their organizations.

Excerpt from Project Syndicate -- "In fact, recent studies by Petra Moser and Heidi Williams, among others, find little evidence that patents boost innovation. On the contrary, because they lock in incumbents’ advantages and drive up the costs of new technology, such protections are associated with less new or follow-on innovation, weaker diffusion, and increased market concentration."

Excerpt from Big Think -- "People who are against vaccination are a vocal if small group that doesn’t agree with the general scientific consensus that vaccines are safe and do not cause autism. It doesn’t matter to many in that camp more than a dozen studies failed to find a link between the two. How can this be? How can people flatly deny scientific consensus? Enter the Dunning-Kruger Effect, a cognitive bias that a new study uses to explain anti-vaccine policy attitudes."

Excerpt from the Financial Times -- "Turning setbacks in internships into opportunities has the added benefit of showing a potential employer your initiative, Ms Briggs notes. 'When something goes wrong it is important to take that step back and think about what actions need to be taken to be more successful,' she says. 'You can often find someone who can help you.'"

Excerpt from Financial News -- "Roubini, the famously bearish NYU economist, who earned the nickname ‘Dr Doom’ for predicting the financial crisis, said: 'For bitcoin to be a currency it has to be a unit of account, a means of payment, and a stable store of value. It is none of these. Bitcoin is not even accepted at Bitcoin conferences, and how can something that falls 20% one day and then rises 20% the next be a stable store of value.'"

Excerpt from The Wall Street Journal -- "'Some organizations already suffer from innovation fatigue. They are sick of being told they have to replace everything they are doing with something new,' said Luke Williams, a professor at New York University’s Stern School of Business and author of the book Disrupt: Think the Unthinkable to Spark Transformation in Your Business, during the 2017 Deloitte Analytics Symposium."

Excerpt from Bloomberg -- "'There is no doubt to me that there are talks going on behind the scenes, because they are always searching for diplomatic solutions to these trade issues. Nobody want these trade wars. But do I think they are easy to win? No. Do I think the Trump administration is becoming more and more entrenched? Yes.'"

Excerpt from Directors & Boards -- "'I think they just tried to bury whatever it is he did,' he continues, 'and not have it be part of the public discussion about Barnes & Noble. But that doesn’t mean they can bury it forever.' Smith acknowledges it is unusual for a board not to disclose the reasons for a top executive’s termination, but he sees Barnes & Noble’s board as an outlier overall given the number of CEOs that the firm has gone through in recent years."

Excerpt from Forbes -- "For instance, to cite just one of many, a magisterial study by Germán Gutiérrez and Thomas Philippon entitled 'Investment-less Growth: An Empirical Investigation' (NBER, 2016) shows that public corporations invest about half of the operating returns that they used to. The study shows that 'the ratio of net investment to net operating surplus for the non-financial business sector… between 1959 and 2001 is 20%. The average of the ratio from 2002 to 2015 is only 10%.'"

Excerpt from HuffPost -- "Vasant Dhar is a data scientist, and a professor at the Stern School of Business and the Center for Data Science at New York University, where his research focuses on artificial intelligence and machine learning. He is also the founder of a machine learning-based hedge fund."

Excerpt from The Motley Fool -- ""Albert Aldrich III attends NYU Stern School of Business where he is studying Finance and Management. His detailed review of how the 2008 financial crisis has formed millennials opinions around investing and personal finance was unique and interesting. Albert's argument around why over 50% of millennials don't feel comfortable putting their money in the stock market, and his discussion of the solutions for that, impressed the judges."
 

Excerpt from Bloomberg -- "'By December or early fall it could be a perfect storm where the U.S. is engaged with trade wars with Europe, with the NAFTA partners, and with China and therefore there could be a risk of a slow down of global economic growth.'"

Excerpt from Chief Executive -- "Seventh Generation saw the shift coming almost a generation ago. That is, the growing consumer desire for environmentally sustainable (i,e. green) products, along with the demand to know what ingredients are in the things they eat and drink, in the products they use to wash their children and their clothes, and in the lotions and potions they put on their bodies."

Excerpt from Quartz -- "In October 2017, researchers at Uber produced a paper (pdf) in collaboration with John Horton, an NYU Stern assistant professor of labor economics, market design and information systems, which asserted that Uber was effectively powerless to raise driver wages."

Excerpt from Stamford Advocate -- "'We’re looking at the end of the cash era, and that means everyone in the payments stack is looking to position themselves,' said Kathleen DeRose, a clinical associate professor of finance in New York University’s business school, said in a recent interview. 'From Synchrony’s perspective, they benefit from economies of scale.'”

Excerpt from Financial Post -- "According to the Stern School of Business’s Volatility Lab, the Shanghai index’s average weekly volatility is about nine percentage points higher than the S&P 500."

Excerpt from the L.A. Times -- “'Where you see examples where this is successful, you see them creating these boundaries,' Wiesenfeld said. 'The integration is mostly at the top, and you're not killing the goose that lays the golden egg.'"