Faculty News

Professor Thomas Philippon offers insights from his research on market competition in the US and Europe, from his forthcoming book, "The Great Reversal"

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Excerpt from The Wall Street Journal -- "A growing mountain of research has focused on corporate concentration in the U.S. Mr. Philippon reviews much of this evidence and concludes competition has indeed declined to the detriment of consumers. His novel contribution, though, is to contrast this with the experience of Europe. Indeed, he was inspired by a mundane question many European visitors ask: 'Why on earth are U.S. cellphone plans so expensive?'"
Faculty News

Professor Russell Winer explains how trends are impacting the mens' shaving product market

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Excerpt from CGTN -- “You’ve got competition from the internet such as Dollar Shave Club and Harry’s … we’ve seen these kinds of trends over many many years hurt other kinds of industries … think hats for example … once upon a time most men wore stylish hats … now its baseball caps”
Faculty News

In a live interview, Professor Rosa Abrantes-Metz comments on a recent case of manipulation in the precious metals market

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Excerpt from BNN Bloomberg -- "These are episodic events, so they don't affect every trader every day, but they are frequent enough that real investors may be worried."
Faculty News

Professor Jonathan Haidt is named to the Prospect Magazine World's Top Thinkers list

Excerpt from Prospect Magazine -- "For their work in race studies and feminism respectively, Kimberlé Williams Crenshaw and Kate Manne were popular; as was social psychologist Jonathan Haidt..."
Faculty News

Professor Arun Sundararajan shares his views in an article about the value of driver names as trade secrets

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Excerpt from Bloomberg -- "Concerns over privacy could be a valid argument against releasing driver names, said New York University business school professor Arun Sundararajan."
Faculty News

Professor Anat Lechner is quoted in an article on Pattern, a startup designed to combat workplace burnout

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Excerpt from Quartz -- "There also are low-cost ways for employers also to help workers combat their fatigue. Chief among them is to simply create more meaningful relationships, says Anat Lechner, an associate professor at New York University Stern School of Business, whose research focuses on innovative organizations."
Faculty News

In an interview, Professor Lawrence White discusses economic indicators and the possibility of a forthcoming recession

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Excerpt from Channel News Asia -- "It's not a hard and fast relationship... it just indicates that the bond markets... are anticipating a weaker economy in the future."
Faculty News

In a live interview, Professor Paul Romer explains why he is skeptical of the idea of a 12-hour work week

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Excerpt from Bloomberg-- "People learn not just in school, but on the job. And there are a lot more people in jobs than in school, so... employment is a very important potential source of new skills and new capabilities... We should be aiming to make sure everybody's in some kind of a job and aim for jobs which are good at teaching people to take on new responsibilities."
Faculty News

Professor Tensie Whelan comments on the viability of an ESG-focused ETF

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Excerpt from MarketWatch -- "Tensie Whelan, director of the Center for Sustainable Business at the NYU Stern School of Business, told MarketWatch that KRMA’s approach looks solid, but she cautioned that investors should know what they’re buying. Because KRMA is agnostic about sectors, some investors may be surprised that the holdings aren’t the typical 'impacting investing' core holdings — clean energy, for example."
Faculty News

Professor Susan Stehlik offers insight into President Trump's behavior and body language at the G7 Summit

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Excerpt from Business Insider -- "At the summit, world leaders representing six countries and the European Union gather to discuss issues like climate change, trade, and defense. The summit held in Biarritz, France, was rife with awkward moments, and not only from President Trump. To explain those exchanges, Business Insider spoke with body language expert and director of New York University's Management Communication Program, Susan J. Stehlik, about Trump's behavior."
Faculty News

Professor Robert Engle's joint research analyzing systemic risk to predict a financial crisis is spotlighted

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Excerpt from Quartz -- "By aggregating SRISK across a country’s economy, Robert Engle, a Nobel Prize winner at NYU, and Tianyue Ruan of National University of Singapore, believe they can estimate the relationship between projected capital shortfalls and the likelihood of a financial crisis. Their work shines a spotlight on the interconnected nature of the economy, reminding investors that potential danger is rarely isolated in a single country."
Faculty News

Professor Anika Sharma is quoted in a feature article about Wayfair's business model

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Excerpt from Vox -- "'It’s important that packaging leads the customer journey,' says Anika Sharma, an adjunct assistant professor at NYU Stern and a marketing professional."
Faculty News

Professor Arun Sundararajan comments on YouTube's growth strategy and celebrity partnerships

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Excerpt from VICE -- "'Going after a greater fraction of the video entertainment market seems like a perfectly natural thing for them to be doing,' Sundararajan said. YouTube Premium, the platform’s paid subscription service, is another move toward slurping up the dollars people spend on 'mainstream home entertainment,” as he terms it."
Faculty News

In a live interview, Professor Arun Sundararajan discusses the case against a former Google engineer accused of stealing the company's trade secrets

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Excerpt from Yahoo Finance -- "If I were [Uber], I would just stay away from this, [and] hope that the US attorney takes it in a direction that really has nothing to with Uber, but has to do with Levandowski trade secrets and the culture of Silicon Valley..."
Faculty News

In a live interview, Professor Arun Sundararajan discusses the case against a former Google engineer accused of stealing the company's trade secrets

Yahoo Finance logo
Excerpt from Yahoo Finance -- "If I were [Uber], I would just stay away from this, [and] hope that the US attorney takes it in a direction that really has nothing to with Uber, but has to do with Levandowski trade secrets and the culture of Silicon Valley..."
Faculty News

In an interview, Professor Lawrence White comments on WeWork's future growth prospects

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Excerpt from Kanka News -- (Translated from Chinese using Google Translate) "White said that although WeWork's poor performance in the first half of this year was a loss of 900 million US dollars, the joint office model itself has great appeal to SMEs, and WeWork, which is a leading company in this field, still has bright prospects."
Faculty News

In a radio interview, Professor Thomaï Serdari highlights the challenges luxury retailers face in today's landscape

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Excerpt from Knowledge@Wharton -- "The key here is the desirability of the location, which is true -- it's still very much alive and it creates a lot of competition amongst retailers to get to these highly desirable spots that, in turn, drive the rent high up. But the issue here is the marketing strategy that a lot of these retailers are applying... The gap is between having foot traffic and having activations that actually convert the desirability to purchases. I think this is where a lot of these retailers miss out and this is why we see such a high turnover even on Madison Avenue."
Faculty News

Professor Jennifer Carpenter examines President Trump's remarks at the G7 summit regarding the US and Chinese economies

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Excerpt from The New York Times -- "The market capitalization for both the Shanghai and Shenzhen stock exchanges totaled $8 trillion in November 2017, and declined to about $7.5 trillion in July 2019, according to Jennifer Carpenter, a professor of finance at New York University’s Stern School of Business who studies Chinese markets."
Faculty News

Professors Samuel Craig and Alvin Lieberman provide commentary on the launch of new platforms in the saturated streaming market

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Excerpt from Kanka News -- (Translated from Chinese using Google Translate) "New York University Business School professor Alvin Lieberman said, 'Netflix relies mainly on getting quality content from others, and now we can see that Disney is expected to surpass Netflix, because Disney owns the companies that create content.'...Samuel Craig, another professor at New York University's business school, pointed out that Disney's long-term success is highly probable, but it still requires a lot of capital investment in the early stage, and it will cost a lot of time. 'This is a war of burning money, especially at the beginning. Disney will lose a lot of time at the beginning, because there will be a lot of upfront investment. The accumulation of consumers will be relatively slow, and users will not start to flock.'"
Faculty News

The DHL Global Connectedness Index, research by Professor Pankaj Ghemawat, Senior Research Scholar Steven Altman and Associate Research Scholar Phillip Bastian, is cited

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Excerpt from The Sun Daily -- "According to the World Bank’s Ease of Doing Business 2019 report, the country ranked 15th among 190 economies worldwide and it had maintained a strong position in the DHL Global Connectedness Index (GCI), ranking second in Southeast Asia and 12th out of 169 countries for trade connectivity."
Faculty News

Professor Alixandra Barasch is interviewed about her research on the effects of photo taking on experiences and memory

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Excerpt from The Telegraph -- "'Photo taking enhancing visual details but takes away from auditory details: people will remember what they saw, but fewer details about the facts they learned, or what the tour guide said,' she says."
Faculty News

Professor Joshua Ronen analyzes General Electric's accounting of its petroleum holdings

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Excerpt from The Economist -- "Joshua Ronen, an accounting professor at New York University’s Stern School of Business, has reviewed GE’s official filings about its holdings in Baker Hughes and found them 'confusing'."
Faculty News

In an in-depth interview, Professor Paul Romer shares his outlook on taxing targeted ad revenue and the importance of investing in human capital

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Excerpt from O Globo -- (translated from Portuguese using Google Translate) "Studying the impact of knowledge on growth, American Paul Romer - one of the 2018 Nobel Prize winners of economics - sees social skills as one of the trump cards of the future job market. But the New York University professor thinks these skills are neglected by schools and businesses, and may be undermined by children's exposure to digital-mediated interactions. For him, investing in human capital is the way to reduce inequality."
Faculty News

Professor Arun Sundararajan explains the impact of Facebook's internal bias report and a European regulator probe into Libra on the company

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Excerpt from Fox Business -- "'I think we've passed the tipping point of negative publicity on Facebook,' said Arun Sundararajan, a professor at New York University’s Stern School of Business. 'Users are likely getting immune to new reports relating to privacy or bias, so it is possible that Facebook is over the most challenging phase on this front. As the antitrust cases against Facebook pick up steam, they are likely to become the primary investor focus.'"

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