Experience Stern | News & Events

Excerpt from The Economist -- "This week’s proposal—for a new asset, sovereign-bond-backed securities (SBBS)—both leaves states responsible for their own debts and encourages banks to diversify sovereign risk. Issuers of SBBS, which could be public- or private-sector entities, would buy euro-area government bonds at market prices, and repackage them. Buyers of SBBS would be paid interest and principal (and be exposed to default) as if they owned the underlying bonds."

Excerpt from Business Insider -- "I think there's a challenge on the business side figuring out how to both be profitable. I'm pro company; I want companies to make a profit. But how to then operate in a globalized environment — globalized world — where we have very weak governments and very powerful companies. And so the idea that government alone is going to protect people from all the things that can go wrong — inequality, mistreatment of workers, etc. — it's not realistic."

Excerpt from Professional Planner -- "'The frantic pace of many of our lives leads us to rely on' fast thinking, which may not be suited to facing ethical dilemmas, which may require a slower thought process, Dolly Chugh wrote in a paper published in Social Justice Research."

Excerpt from the Stamford Advocate -- "'Shrinking its footprint generally has been part of the recovery for RBS,' Lawrence J. White, a professor of economics in New York University’s business school, said in a recent interview. 'It shouldn’t come as a big surprise that as part of the overall shrinking that they would be shrinking their North American operations.'"

Excerpt from China News -- "We understand the importance of creative thinking in the local entrepreneurial ecosystem and we are honored to work with the WeWork Creator Contest to help creators realize their dreams."

Excerpt from Fox Business -- "Scott Galloway, a professor at New York University Stern School of Business and author of the best-selling 'The Four,' said these companies distort financial markets and capital flows. 'The reason why they need to be curbed or specifically broken up is that as evidence today, we don’t have fair competition,' he told FOX Business’ Liz Claman on 'Countdown to the Closing Bell.'"

Exerpt from MIT Sloan Management Review -- “Smartphones rule our lives. We text, swipe, and shop from our devices. And every time businesses tap into these phones, they are generating valuable streams of data that, using combinations of machine learning, data science, and artificial intelligence, they can put together and figure out a better way to curate their messages and their offers.”

Excerpt from Moneyish -- "'If you think of the kinds of opportunities that these new capabilities will lead to, it’s almost like the sky’s the limit,' Dhar concluded. 'If you’re a writer and suddenly you have the ability to query the entire world … and have the computer come back and give you an intelligent answer — the scope of productivity is just huge.'"

Excerpt from CNBC -- "...I think Amazon already knows where they want to be and they're just creating this hunger games environment to mature the best term sheet possible and then give it to the city's mayor where they want to be and ask him or her to match it, which will be irresistible."

Excerpt from Evolllution -- "I think it’s more and more important for schools to develop a sound point of difference or what we call a value proposition to try to get through a quarter of all the schools on contact. How do you develop a compelling message to our prospective enrollees at the college when they’re being exposed to all kinds of media, all kinds of information from other schools all the usual kinds of marketing devices? Colleges and universities have reacted by becoming much more consumer oriented, reaching students, reaching their parents, reaching the guidance counselors, and reaching the senior educators."

Excerpt from Publishers Weekly -- "But as booksellers consider new models, keynoter Amy Webb (The Signals Are Talking: Why Today’s Fringe Is Tomorrow’s Mainstream), founder of the Future Today Institute, advised them to take into account technology and an automated future. 'I’m pro–independent bookstores,' Webb said. 'But I’m also a pragmatist. While I know you’re doing well today, my concern is that things change, and I am not entirely convinced that you’re prepared for the next 10 years or for the next 20 years.'"

Excerpt from Women's Wear Daily -- "'It challenges other brands that are charging a lot of money for magic potions based on secret ingredients but it would take a radical transformation of society to assume that only transparent brands will sell,’ said Serdari. ‘People’s motives in buying beauty products is deeply rooted in [the] psychological, rather than only physical, insecurities. These insecurities are healed as much by the product sold as by the type of escapism the brand offers.'"

Excerpt from Big Think -- "My general takeaway for marketers and businesses is to try not to make the sharing goal salient for people right when they walk into an experience. You see more and more hashtags on walls of establishments and the menus of restaurants. Move that activation process to when customers are finished or when they’re leaving or finishing their meal or when they’ve already made their purchase, because that allows people to be more in the moment."

Excerpt from the London Review of Books -- "In the mid-1980s, the economists Menachem Brenner and Dan Galai began to lobby the US options exchanges to create a ‘volatility index’, based on options prices, that would measure stock-market volatility in a way loosely analogous to – albeit mathematically far more sophisticated than – how the Dow Jones average or the Standard & Poor 500 Index summarises the market’s overall level."

Excerpt from Bloomberg View -- "Paul Schmelzing, a doctoral candidate in history at Harvard University, recently published a Bank of England working paper that sought to remedy this dearth of information. He began with the work of Sidney Homer and Richard Sylla, whose monumental tome 'A History of Interest Rates' contains a wealth of data going back centuries."

Excerpt from U.S. News & World Report -- "The recently passed corporate tax cut from 35 to 21 percent is likely to help telecom companies more than most. The effective aggregate tax rate for telecom services companies is 34 percent, according to a recent analysis from Aswath Damodaran, professor of finance at NYU Stern."

Excerpt from InvestorPlace -- "'The Effect of Dividends on Consumption' a Brookings Paper on Economics by Baker, Nagel and Wurgler expounds on this topic: 'consumption indeed responds much more strongly to returns in the form of dividends than to returns in the form of capital gains.'"

Excerpt from NPR -- "But adapting a new safety net for the new workforce will take time, says Arun Sundararajan, a management professor at New York University. And he says the transition could be messy. 'Full-time employment didn't sort of come packaged with all of these wonderful things that we now associate with it; it was built sort of painstakingly over 100 years,' Sundararajan says."

Excerpt from The New York Times -- "As the social psychologist Jonathan Haidt concluded in his 2012 book, 'The Righteous Mind,' if we have 'affection, admiration, or desire to please' other people, we lean toward them and attempt to 'find the truth' in their arguments. Social proximity matters."

Excerpt from SHRM Magazine -- "'[Ageism] sneaks up on us,' North says. 'We really don’t think about age and aging until later in life. But we need to examine the issue and recognize the value that comes with age and experience.'"

Excerpt from Quartz -- "'Well, it is true that Softbank has tremendous clout given its investments. Traditionally, Softbank has supported local players over Uber in these markets,' Anindya Ghose, the Heinz Riehl professor of business at New York University (NYU), told Quartz. 'But to me, it does not seem like a great decision for Uber to move out of India. First, India continues to be a very important market and Uber’s performance in India has been stronger than ever of late.'"

Excerpt from Fast Company -- "According to Seth Freeman, a conflict and negotiation expert and a professor at NYU Stern School of Business, ultimately– no matter what type of personality you have, there are three important things that are critical to any successful negotiation: credibility, preparation, and listening. 'The perception is that negotiators are born and not made. People think that it’s about negotiating quickly on your feet. That’s not real negotiation. Really good negotiation is boring to watch, [because] lot of it is dependent on preparation.'"

Excerpt from CNBC -- "...Children especially don't have the resources, the capacity, to control themselves in the same way that adults do. Having said that, adults spend four hours a day on screens and that is growing every year. That has grown from three hours two years ago. So I think it is a concern for adults as well, but especially for children who need to be guided by adults."
 

Excerpt from NPR -- "'Twenty years from now, I don't think a typical college graduate is going to expect that full-time employment is their path to building a career,' Sundararajan says. He says that will ultimately lead to many other changes, from education to social structures and public services."

Excerpt from the Financial Times -- "NYU Stern, [Yermack] says, was in the right place to develop expertise — close to a culture of fintech entrepreneurship around Union Square and, what he calls, the 'legacy banks' of Wall Street that were looking for qualified staff for their new blockchain applications. His course was a gamble: three years ago it started with 30 students; this year 100 are enrolled. Next year, between 200 and 300 will take it."