Faculty News

Professor Lawrence White remarks on President Trump's desire to revitalize employment in manufacturing

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Excerpt from Newsweek -- Mr. Trump for over two years has been huffing and puffing about reviving manufacturing employment. This is a pipe dream, Lawrence White, an economics professor at NYU's Stern School of Business, told Newsweek.
Faculty News

Professor Jeffrey Simonoff weighs in on how producers who vote for their own shows at the Tony Awards impact the final results

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Excerpt from Broadway Journal -- '"It could actually make a big difference, depending on how evenly matched the shows really are,' said Jeffrey Simonoff, a statistics professor at New York University’s Stern School of Business, who has studied Broadway."
Faculty News

Professor and Dean Emeritus Peter Henry discusses the potential outcome of Jamaica's single-digit inflation targeting

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Excerpt from Jamaica Gleaner -- "On the panel, Peter Blair Henry, Professor at the Stern Business School at New York University, stated that Jamaica’s single-digit inflation targeting, along with the Economic Programme Oversight Committee, has realigned the development path of Jamaica towards that of Barbados, credited as one of the most developed black nations."
Faculty News

Professor Joe Magee provides insight into the psychological effects of power

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Excerpt from Business Insider -- "'The point is that power moves people in some predictable directions on average,' Joe Magee, a New York University psychologist who studies the psychological effects of power, told Business Insider in a phone interview. It's not so much a bias, he's careful to note, but a cognitive tendency or propensity."
Faculty News

Professor James Finch shares his perspective on the US-China currency conflict

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Excerpt from South China Morning Post -- "James Finch, clinical associate professor of finance at New York University’s Leonard N. Stern School of Business, said: 'The overwhelming driver in China is political control. To have a trade currency, you have to have to get rid of all the controls on the currency.'"
Faculty News

In a podcast interview, Professor Amy Webb addresses key takeaways from her book, "The Big Nine"

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Excerpt from KPCW -- "'Contrary to what a lot of people think, futurists do not make predictions. Most of what we do is make connections. And the point of that is to reduce uncertainty as much as we possibly can so that people can make smarter decisions.'"
Faculty News

Professor Kim Schoenholtz's joint research on improving U.S.monetary policy communications is featured

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Excerpt from Bloomberg -- "In a research paper on Fed communications presented at the conference that generated a lot of buzz, Stephen Cecchetti, of Brandeis University, and New York University’s Kermit Schoenholtz, called for a major change in the dot plot. Rather than being anonymous, it should name which policy maker is making each forecast for rates and the economy, including the chairman’s dot."
Faculty News

Professor Adam Alter's comments on technology addiction are featured; His book, "Irresistible," is referenced

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Excerpt from The Daily Register -- "Is technology liberating? Does science-driven 'progress' make us happier? Not so, says social psychologist Adam Alter in his book, Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'In the past, we thought of addiction as mostly related to chemical substances: heroin, cocaine, nicotine,' says Dr. Alter, an associate professor at the Stern School of Business at New York University."
Faculty News

Professor Robert Seamans offers advice for how the US government should approach tech regulation

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Excerpt from BuzzFeed -- “'I think there is a lot of appetite for letting the market sort lots of things out,' Robert Seamans, an associate professor at NYU’s Stern School of Business who spent a year as a senior economist at the White House Council of Economic Advisers, told BuzzFeed News. 'We don’t want to pick a China model where the government decides everything that should happen.'”
Faculty News

Professor Stephen Brown's joint research on the Dow Theory is cited

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Excerpt from TheStreet.com -- "Conducted by Stephen J. Brown of New York University, William Goetzmann of Yale University, and Alok Kumar of the University of Miami, the study found that the Dow Theory over that period beat a buy-and-hold by an annual average of 4.4 percentage points."
Faculty News

Professor Paul Hardart discusses the business impact Georgia's recently-enacted Heartbeat Bill will have on entertainment companies

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Excerpt from The Atlantic -- "Paul Hardart, a marketing professor at New York University and a veteran of the film industry, says that celebrities have forced studios’ hands. 'Studios also have to keep in mind that they have talent they want to keep happy,' he explains."
Faculty News

Professor Anindya Ghose offers insights on Amazon's use of influencer marketing strategies

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Excerpt from CNN -- "'This time window often creates this scarcity factor,' said Anindya Ghose, a professor at New York University's Stern School of Business. 'There's a nudge and pressure on customers to act within that period.'"
Faculty News

Professor Kim Schoenholtz's joint research on improving U.S.monetary policy communications is featured

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Excerpt from Yahoo Finance -- "A paper from Brandeis’s Stephen Cecchetti and New York University’s Kermit Schoenholtz recommended that the Fed release a “matrix” that links projections for growth, unemployment, inflation, and interest rates to each FOMC participant."
Faculty News

Professor Kim Schoenholtz's presentation of his joint research on monetary policy communications at a conference at the Federal Reserve Bank of Chicago is highlighted

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Excerpt from Reuters -- "The Fed’s policy statements 'tend to be complex, jargon-laden, press releases that a casual reader cannot easily absorb,' Brandeis University professor Stephen Cecchetti and New York University professor Kermit Schoenholtz wrote in calling for the Fed to overhaul many of its core documents."
Faculty News

Professor Robert Engle's method for statistical modeling of volatility in financial markets is cited

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Excerpt from MarketWatch -- "The Nobel Prize-winning economist whose work confirms Bollinger’s core insight is Robert Engle of New York University. He was awarded the prize in 2003 (along with the late Clive Granger) for developing a statistical understanding of why and how a security’s volatility changes over time."
Faculty News

Professor Ari Ginsberg explains why traditional retailers are forming partnerships with the resale industry

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Excerpt from CNN -- "'This is an old story of when you see industry disruption,' said Ginsberg. 'If you don't develop those capabilities or go into those markets, you might be extinct pretty soon.'"
Faculty News

Professor Baruch Lev explains why releasing quarterly guidance is still common among tech companies

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Excerpt from OZY -- "Lev says Apple has good reasons to buck the trend: Quarterly guidance is still the norm in the tech industry. 'If most of your competitors are guiding, if you won’t guide it’s a very bad sign,' he says. 'It’s a sign either you are not confident as a manager or you are hiding information.'"
Faculty News

Professor James Rosenwald is highlighted in a roundup of notable Vassar College alumni in business

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Excerpt from Money Inc. -- "James B. Rosenwald III received his Bachelor of Arts in Economics from Vassar College in 1980, before obtaining his M.B.A from the Graduate School of Business at New York University in 1984. ... In addition to his business activities, Rosenwald has served as an adjunct professor of Global Value: Investing Theory and Practice at the Stern School of Business at New York University since 2012."
Faculty News

Professor Nicholas Economides comments on the Justice Department's antitrust probe of Google

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Excerpt from The Wall Street Journal -- "'Google has become much more prominent than it was 10 years ago. The usual behavioral remedies—stop this behavior—are not going to restore competition,' said Nicholas Economides, an economics professor at New York University Stern School of Business. 'In my view that’s a failure of the regulatory system which acted very slowly in Europe and did not act in the U.S.'"
Faculty News

Professor Adam Alter shares insights on how hobbies and passions are developed

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Excerpt from Car and Driver -- "'It's easy to believe that we spend time doing what we're passionate about, but my sense is that we become passionate about the things that we happen to spend time doing (the reverse of the standard causal path). For whatever reason, you were exposed to cars where Mark Zuckerberg was exposed to computers."
Faculty News

Professor John Horton's research on Uber drivers is referenced

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Excerpt from The New York Times -- "And so it is with ride-share drivers today. Another study, by a New York University professor and two Uber employees, found the same dynamic: Higher prices increased driver incomes, but only for a few weeks."
Faculty News

Professor Aswath Damodaran shares his views on the impact of the trade war on the stock market

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Excerpt from CNBC -- "'The market is pricing in an extended trade war, which means if you’re buying these stocks, you’re not buying them for the near term, you’re buying them for the long term,' he said. 'Now, [it depends on] how much of a strong stomach you have, but that’s what I’d look at.'"
Faculty News

Professor Arun Sundararajan's book, "The Sharing Economy," is referenced

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Excerpt from Sierra Magazine -- "In his book The Sharing Economy, New York University business professor Arun Sundararajan writes, 'Today’s digital technologies seem to be taking us back to familiar behaviors, self-employment, and forms of community-based exchange.'"
Faculty News

Professor Michael Posner offers insights on socially responsible investing

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Excerpt from MarketWatch -- "'If you’re dealing with companies that you know have serious human-rights problems, you have an affirmative obligation to confront those problems, and evaluate what the companies do. And if the company simply says its too hard or it’s too expensive, you ought to make a decision to divest it, or put them on notice,' said Posner, conceding that efforts to assess and measure human rights remained in their infancy."
Faculty News

In an op-ed, Professor Suraj Patel arguest against the Democratic Congressional Campaign Committee's policy against doing business with consultants who have worked with candidates running against democratic incumbents

Excerpt from the New York Daily News -- "It’s yet another example of incumbents limiting voters’ choices and Washington dictating preferences to New Yorkers. Incumbents already win 98% of the time — they don’t need more help from Washington. And silencing dissent and attacking activists isn’t a recipe for growing an effective party."

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