Experience Stern | News & Events

Excerpt from Forbes-- "Just like the Federal Reserve did before it, the ECB engaged in a multi-trillion euro bond-buying program designed to lower the absolute level of interest rates in the countries of the eurozone, Europe's single currency area. Unfortunately, that program had the unintended consequence of messing up Europe's bond market so allowing private financiers to profit via riskless trades to the tune of hundreds of millions of euros, new research shows."

Excerpt from Le Temps -- (translated from French using Google Translate) "'It's always smarter to mock oneself than to make fun of others,' said Thomai Serdari, Luxury Marketing Specialist at New York University."

Excerpt from Luxury Daily -- "'More than exploring the designer and his design process, this exhibit is important because it provides a textbook example of how singular fashion brands evolved during the 20th century,' said Thomaï Serdari, brand strategist and professor of luxury marketing at New York University and coeditor of 'Luxury: History Culture Consumption,' New York."

Excerpt from The Wall Street Journal -- "'This is Apple flexing its muscles and part of the Tim Cook indignation tour,' said Scott Galloway, a marketing professor at New York University who has criticized the dominance of big tech companies. He said the privacy fight is part of jostling among the giants as their businesses increasingly collide, but he thinks ultimately the companies will reach a truce because they have too much at stake financially."

Excerpt from Merion West -- "There is a deep sense that when you put some effort into something, when you’ve cultivated something and put some work into something, that you own it. Property rights have a deep psychological basis. Human beings are clearly territorial creatures: we mark territory, we improve territory, and then we defend it, often violently."

Excerpt from Adweek -- "'As audiences become more and more scattered with the proliferation of media (social and traditional), the Super Bowl remains one of the few occasions that garners over 100 [million] eyeballs,' Raghubir said."

Excerpt from The Globe and Mail --"Value investing done right requires incredible amounts of patience. For most people, that is very difficult. That’s why they can read about what Warren Buffett does, but never deliver the returns. Start slow. Stick with things that cannot hurt you. Don’t put your money in one big stock. Go with an index fund. Start a base for your portfolio that’s solid and then learn about stocks."

Excerpt from Paste -- "Led by Vishal Singh of New York University’s Stern School of Business, the project examined consumer tastes across 416 counties in the United States, measuring 26 product categories ranging from frozen pizza preference to toothpaste. Over six years, Singh and his associates analyzed data and came find that a consumer’s political subconscious affects brands and items."

Excerpt from Networks Asia -- "'This report on digitally enabled growth patterns in China is very interesting. The data show that the mobile internet, e-commerce, mobile payments and internet-based financial services together have accelerated overall growth and produced startlingly inclusive growth patterns in multiple dimensions. The report documents this, and explains why these effects occur,' said Michael Spence, 2001 Nobel Prize Laureate in Economics and professor at New York University."

Excerpt from Columbia Law School Blue Sky blog -- "As the pace of finance continues to reach ever more dizzying speeds, the value of high-quality information and the threats posed by information gaps continue to grow. Given the myriad frictions that stand in the way of optimal policy, leadership, creativity, and a willingness to look to the future and to work across firm, industry, and national bounds are critical to success. Some progress has been made already. More is needed, and we think possible. Only vision and leadership are the missing ingredients."

Excerpt from Law360 -- "Professor Kose John from New York University, the chair of the session at the AEA conference where these papers were presented, commented, 'As the U.S. is potentially approaching the start of another cycle of corporate distress and bankruptcy, academic research such as this is increasingly relevant for policy makers, executives, investors, attorneys, judges and consultants in the bankruptcy space.'"

Excerpt from HBS Working Knowledge -- "As green bonds continue to gain in popularity, the researchers are interested to see if they continue to command a premium price. As more green bonds are issued, especially by government entities in Europe and China, their price could fall due to an increase in supply. On the other hand, as they continue to gain in popularity, more investors could value green bonds, pushing up price due to increased demand."

Exceprt from the Harvard Law blog -- "Investors often ascribe higher valuations to family firms than to non-family firms, especially when founders serve as CEOs, in part due to expectations that owner-manager agency conflicts will be mitigated by the involvement of founding families with strong incentives to monitor. These favorable expectations about family firms extend to those companies’ corporate strategies, in that family firm acquisitions and divestitures have been shown to generate higher shareholder returns than non-family firm acquisitions and divestitures."

Excerpt from Harvard Business Review -- "Paul Romer won the 2018 Nobel Economics Prize for integrating technological innovation into macroeconomic analysis and showing that research and development (R&D) investments are becoming essential to a nation’s progress."

Excerpt from Chicago Booth Review -- "Studying a number of industries that have become increasingly concentrated in the US, Gutiérrez and Philippon find that the evolution of these same industries across Europe was toward stable or lower concentration. This has been true even though EU companies used similar technologies and faced the same foreign competition."

Excerpt from Forbes-- "Micro-influencers (generally considered to have followings in the range of 10,000 – 50,000) have skyrocketed in favor among marketers as one of the most effective marketing tools. Their engaged followers admire their values and aesthetics and trust them to create great content and bring to their attention brands they should know about."

Excerpt from Bloomberg -- "'They’re being dragged into this -- it’s very volatile for the brand,' said Allen Adamson, an independent branding expert and marketing professor at NYU’s Stern School of Business."

Excerpt from Yahoo Finance --"I think the concerns are a bit overrated. I don’t think China is the biggest driver of the US economy, so I don’t think that that should bring down the US stock market… it’s more psychology and more worries than real data that is driving the market."

Excerpt from Forbes-- "As noted by Professor J.P. Eggers of NYU's Stern School of Business, the 'effect of Amazon imitation should be to decrease innovation in categories sold on Amazon, as firms recognize imitation risk.'"

Excerpt from Ad Age India -- "Social Media is a natural part of a consumer’s multi-device, multi touchpoint consumer journey and brands need to start looking at the most organic, most natural way to become part of that journey."

Excerpt from Xinhua -- "Li had an in-depth exchange of views with renowned experts from the United States, Germany, Britain, Cuba and Sweden about their advice and suggestions on issues including economic growth, scientific innovation, intelligence manufacturing and environment protection."

Excerpt from Forbes-- "In the Talent Economy, the customer is actually buying the skill and expertise of the Talent - the platform is merely a “market maker” to paraphrase Arun Sundararajan and other pundits, that reduces the inefficiency of traditional employment and staffing markets, and enables the discovery of talent that is otherwise invisible to the customer."

Excerpt from DNA India -- "New York University (NYU) School of Business Professor Amy Webb said there is misplaced optimism as well as fear around AI. 'The key issue for us all to bear in mind is there are nine companies that control the future of AI. We ought to be paying attention to them,' she said."

Excerpt from Inc. -- "Yet Michael S. North, assistant professor of management and organizations at NYU's Stern School of Business, points out several persistent myths that generations often believe about others, especially at work. In a real-world, functional team setting, younger workers don't actually outperform older ones, and older workers aren't really slow to learn new methods and new technologies."

Excerpt from The Wrap -- "'There’s always the threat that once they hook you, they’ll raise the prices later,' NYU business professor Peter Newman says."