Experience Stern | News & Events

Excerpt from TechCrunch -- "For Sundararajan, the sharing economy provides a way for real-world assets to be disaggregated in space and time and repackaged into standalone services. That’s disrupted the scope of what can be disrupted by digital tools, and allows people to time-share goods that would otherwise go unused at certain times."

Excerpt from The New York Times -- "Getting to January without a deal would cause anxiety that everyone wants to avoid — especially Republicans, since opinion polls suggest that most voters will blame them if negotiations break down. But the president and Republicans would prefer to reach agreement now on whatever they would be willing to agree to after new year."

Excerpt from the Huffington Post -- "'Manufacturing and housing are the most cyclical sectors of the economy,' said David Backus, chair of the economics department at NYU's Stern School of Business. 'What you see in a typical recession is that they're going to go down a lot and then they're going to go back up a lot. The latter hasn't happened yet.'"

Excerpt from Science Daily -- "Research on the experience-altering nature of emotion has typically focused on nonperceptual experience, such as changes in cognitive appraisals. It is clear, however, that these influences extend to perception,' the researchers conclude."

Excerpt from Bloomberg -- "When you look at the volatility numbers, what you see is actually very surprising. Volatility has been declining of broad market assets like the S&P and the Dow and so forth in the US but also in Europe."

Excerpt from the Wall Street Journal -- "'To keep Greece in the euro zone, effectively you need a transfer union, you have to realize that the problems of Greece are long-term, it’s going to take 10 to 20 years to do the austerity and the reform to stabilize Greece and therefore you have to give money and you have to be patient,' Mr. Roubini said."

Excerpt from Bloomberg -- "'Next year we are also going to have austerity in the core of the euro area because the newly agreed fiscal compact says that even Germany, Netherlands, Belgium, Finland and Austria have to cut their deficits,' Roubini told reporters at a conference today in Berlin organized by IG Metall, Germany’s biggest trade union."

Excerpt from USA Today -- Now that RelayRides and other companies are starting to inch beyond San Francisco, ride sharing has gone from "niche" to "on its way to becoming mainstream," says Arun Sundararajan, a professor at New York University's Stern School of Business.

Excerpt from Forbes -- "'Family ownership is actually good,' Villalonga told me. 'It’s better having power more concentrated, and owners more committed."

Excerpt from Bloomberg BusinessWeek -- "Nouriel Roubini, Jonathan Haidt, and Paul Romer, professors at New York University’s Stern School of Business, were each named one of Foreign Policy magazine’s top 100 Global Thinkers for 2012 (@NYUStern, 11/26)."

Excerpt from the New York Daily News -- "CUSP will address the challenges facing cities, including infrastructure, tech integration, energy efficiency, transportation congestion, public safety and public health, Koonin said."

Excerpt from Bloomberg -- "Silber delivers just the right amount of human portrait to make his main story engrossing: how the U.S. left the gold standard at the start of the 1970s; how it simultaneously lost control of inflation; and how it regained monetary credibility under Volcker’s Fed chairmanship from 1979 on."

Excerpt from the New York Daily News -- “The city has taken important strides towards becoming a tech-friendly place... Now it’s time for City Hall to take its tech-friendliness further and deliver more of its benefits to the average New Yorker. Deregulating digital taxi services would be a good place to start.”

Excerpt from the New York Daily News -- "'Suddenly everyone is going to see their paycheck go down and that’s going to slow consumer spending,' said associate professor of economics Joe Foudy, at the New York University’s Stern School of Business."

Excerpt from the Financial Times -- "I think that the worst consequence of the fiscal cliff is that it's really taking attention away from what really needs to be done for the long run."

Excerpt from Nightly Business Report -- "I know they say you can't be too rich or too thin, but companies can in fact be too rich and sometimes you want to shrink out the cash."

Excerpt from Reuters -- "'What we are seeing now is a gamesmanship dance in which firms do whatever they can to avoid regulation, which is an age-old phenomenon,' said Thomas Cooley, a professor of economics at New York University's Stern School of Business."

Excerpt from the Star Tribune -- "The concept comes from economist William Baumol, whose groundbreaking work studying the arts in the 1960s with a Princeton University colleague led to his simple observation that productivity gains in the performing arts are all but impossible to achieve."

Excerpt from Foreign Policy -- "NOURIEL ROUBINI, For being not just gloomy, but right... PAUL ROMER, For dreaming big about how to reinvent cities... JONATHAN HAIDT, For revealing the psychology of partisanship."

Excerpt from the Harvard Business Review -- "A sophisticated understanding of the past is one of the most powerful tools we have for shaping the future."

Excerpt from The New York Times -- "'If you can talk to someone who’s gone through it who has a positive view, then they could really alleviate some of the concerns,' said Bryan Bollinger, an assistant professor of marketing at the Stern School of Business at New York University who has studied patterns of solar adoption."

Excerpt from the Wall Street Journal -- "Ralph Gomory, former head of Sloan Foundation, and NYU economic historian Richard Sylla, trace the history of the corporation in a long essay to be published next year in Daedalus, and ask, 'How do we align the actions of corporations with the broader interests of the country?'"

Excerpt from The Huffington Post -- "Perhaps the central challenge for the future of Europe is to decide which risks qualify for insurance and which do not. Their choices must balance insurance with incentives. And once they decide, they must make a firm commitment to paying any claims that make their list."

Excerpt from CBS News -- "The chance of your winning if you don't play is zero, but the chance of your winning if you do play is about the same."

Excerpt from U.S. News -- "Ghose has also observed significant demand from job recruiters for analytical skills. 'Most companies understand that there is some value in business analytics and big data, but they just don't have, often, the in-house skills to do something with that,' he says."