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  • boston globe logo feature
    Excerpt from Boston Globe -- "The meaning [of a name] is important, too, notes one of the study’s coauthors, Adam Alter, a psychologist at New York University’s Stern School of Business. 'We’re sensitive to associations — positive and negative — between any two concept,' Alter said. The effect 'is probably small, but it’s automatic and we’re unlikely to be able to avoid it completely when we consider people by their names.'... The name Trump carries a range of strong associations... As Alter points out, the word 'implies victory and dominance.' ... Trump himself may derive confidence from these strong, positive meanings to trumpet forth his own eloquence, Alter suggests — although he added, 'Of course the effect of [Trump’s] name is likely to be far weaker than the effects of his inherited wealth and self-assured personality.'"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Many of such projects could easily have been financed on the private market, according to Gary Friedland, who wrote the NYU paper with fellow professor Jeanne Calderon. 'It’s a profit enhancement,' he said. 'The original argument was more of a ‘but for’ argument,” in which EB-5 was meant to spur projects that wouldn’t otherwise have happened. “That focus has been lost."
  • linkedin logo
    Excerpt from LinkedIn -- "The top tier customer who is willing to spend $5k and up on a new Apple gadget is one who values both technology and design. The collaboration between the two brands responds to both these preferences. The Hermès customer (who may already own an Hermès watch among others) is the same customer who equips her life in all products Apple. She values the quality and taste of the French brand and wishes that all products were designed with such refinement."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "I think Google is leaking value to Facebook. If you look, Facebook now does a billion queries a day, versus Google's three billion. Google is basically one core brand that is doing very well. Facebook [has the] best acquisitions in tech; 20% of all mobile time is on now on Facebook... Facebook's going to be the most valuable company in the world within 3 years - it has meaningful relationships with 2.2 billion people."
  • new york times logo feature
    Excerpt from The New York Times -- "Amazon invites its carefully selected talent to redefine the boundaries of possibilities and participate in turning an extraordinary vision into an extraordinary reality. Employee’s happiness is not written on Amazon’s flag nor is stable employment the Amazon holy grail. Customer centrism is...Visionary leaders and visionary companies often spend years in discomfort and difficulty, countered with a sense of purpose and resilience. Happiness, when experienced, is not about handling the hygienes, but instead, it’s achieved through exercising the vision, meeting the vision metrics and taking pride in realizing its tremendous value."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Steven Brown, a professor of finance at New York University’s Stern School of Business, urges caution in acting on the paper’s findings. 'I think there needs to be a lot more work done on this [hedge fund research],' he says. 'I would be careful about giving inexperienced funds large contributions.'"
  • bloomberg logo feat
    Excerpt from Bloomberg -- "A more substantive reason to say no, [Karen] Brenner says, is that a candidate may get a bad feeling about becoming responsible for a company’s direction. 'They might ask questions and not feel right about the dynamics or challenges a company might face or if it's a good fit,' she says...The most important question, for the candidate, is whether he or she wants to be permanently associated with this company. 'People are pledging their reputation in this process,' Brenner says. “It’s really important that you do so in a way that you can be fully informed."
  • financial times logo feature
    Excerpt from Financial Times -- "There were other things too that Spain could have done differently, such as stronger 'macroprudential' limits on private borrowing. Philippe Martin and Thomas Philippon have demonstrated this alone could have prevented 4 percentage points of the 12 per cent fall in employment from 2008 to 2012; the same benefit as a more conservative boomtime fiscal policy."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "A lot of the innovation that we're seeing with what are called the sharing economy platforms - be it Uber or AirBnB or Etsy or Instacart - rests on the fact that they have invented a new way of organizing economic activity and we want to nurture that. We want to protect labor, of course, but we don't want to do it by pulling these companies back to 20th century employment models."
  • huffington post logo feature
    Excerpt from The Huffington Post -- "As countries prepare for this on-demand future of work, it is crucial that their social safety nets -- ranging from health and insurance benefits to paid vacations and stable incomes -- are not lost in the transition. The challenge is especially acute in economies like the U.S. and the U.K., where access to such benefits is very frequently tied to full-time employment in a corporation or with the government."
  • bloomberg logo
    Excerpt from Bloomberg -- "China is in an economic slowdown, but I think that the markets have gone from extreme optimism a few months ago, to soft landing, to now the view of a real hard landing, that the economy is in free fall. My view has been all along that the Chinese slowdown is going to be a bumpy, rough landing, but something short of a real hard landing. So I think that markets are becoming too pessimistic about Chinese economic growth and the ability of the policy authority to manage that growth slowdown and also to manage the movements of the currency and of the stock market."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Most people who sign up for an unlimited service subscription expect to up their consumption, she says. But after a week’s binge, 'You’ll return to your former state.' Still, unlimited plans offer intangible benefits. Consumers love the feeling of freedom, she says. And studies have shown that the psychological pain of paying $120 at the start of the month is far less than shelling out $4 a day for a morning cappuccino."
  • exame logo feature image
    Excerpt from Exame -- "'It is not a coincidence that [Indian executives] have reached prominent positions so quickly in the technology sector,' says economist Pankaj Ghemawat, professor at the IESE Business School in Barcelona and at New York University... [While] it is difficult to prove the hypothesis of an appropriate style of management, ‘some research shows that Indian executives have high emotional intelligence…'"
  • wired logo feature
    Excerpt from WIRED -- "Getting these new frameworks right in New York City is particularly important, says NYU Stern School of Business professor Arun Sundararajan, who is a member of the advisory board. 'The services in question are more fundamental to our day-to-day life than in most other cities,' he says. 'A number of cities around the world will look to New York as the template, as the model of how you deal with this kind of digital disruption in a forward-looking way.'"
  • cbs logo feature
    Excerpt from CBS News -- "Despite the market upheaval caused by China's slowdown and the hit Canada is feeling from the collapse in oil prices, A. Michael Spence, a Nobel laureate and fellow with the Council on Foreign Relations, remains sanguine. 'China and the markets really overestimated on the demand side, and what China was doing was just not sustainable economically or environmentally,' Spence told CBS MoneyWatch. 'The export markets (China was) selling into were no longer growing at the rates they once were.'"
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    Excerpt from HuffPost Live -- "I don't think anybody would argue against the fact that it's good to provide workers with protections. I think the larger issue at stake here is whether we want those protections to come by boxing people who have a wide range of flexible work arrangements into one of these categories of employee or independent contractor, or if we want to actually reflect the reality of today's marketplace, where people have a wide range of flexible forms of work, and start to expand the set of categorizations that are made available to companies like Uber and Lyft."
  • inc logo feature
    Excerpt from Inc. -- "In March, New York University’s Stern School of Business released a study that demonstrates something most people know intuitively: Serial entrepreneurs fare better when they stick to their knitting. Startup founders benefit from the experience gained running a prior business in the same industry, even if that prior business failed. 'Leveraging your industry-specific knowledge from one venture to the next can be incredibly valuable,' says J.P. Eggers, an associate professor at Stern."
  • financial times logo feature
    Excerpt from Financial Times -- "In a thoughtful article earlier this summer, Stephen Cecchetti and Kermit Schoenholtz argued that a pan-eurozone deposit insurance scheme would be cheaper and more effective than national insurance schemes — much as in the US, the Federal Deposit Insurance Corporation has done a better job than state-run ones. The authors note that the last state-run deposit guarantee schemes in the US failed in 1985."
  • accepted logo feature
    Excerpt from -- "First, recognize that failure is inevitable. Nobody who's been successful in a career in a corporation or in financial services can say that he or she has been successful without failing. How you react to a failure is going to be much more important than anything else you do in an organization. It will be much more important to anything you do to be a guarantor of your future success. If you react to a failure by getting depressed and by losing your will to go on and be as enthusiastic and as driven as you were prior to the failure, you will have lost the game."
  • financial times logo feature
    Excerpt from Financial Times -- "Damodaran makes the case that just about everybody can be fooled by the big market phenomenon and that bubble-like situations can thus arise. For example, he takes a situation where a big market exists and a whole load of overconfident VCs are backing a whole load of entrepreneurs who think they can fill said market’s potential."
  • KMC Full Shot
    NYU Stern welcomes new faculty for the 2015-2016 academic year.
  • portafolio logo feature image
    Excerpt from Portafolio -- "We tell officials in rapidly growing cities that they have to set aside now the public space in the area where the city is likely to expand. To stay ahead of rapid growth, the city needs to look far into the future. We encourage cities today to plan for the expansion that will take place between now and 2050 under a fast growth scenario. If the city is growing rapidly, this can require a plan that could accommodate a 10-fold increase in the city’s built area. The land can continue to be farmed until the expansion comes. If there is less growth and the city does not need all this land for urban expansion, there is virtually no cost to having planned for too much. In contrast, if a city does not plan for enough and it suffers from disorganized informal development, the cost is very high."
  • thestreet logo feature
    Excerpt from -- "'Board service is becoming more and more demanding,' [Brenner] said. 'As a result, there's more of a tendency to specify limits on the other boards and other committees that directors can be on.'"
  • voxeu logo feature
    Excerpt from Vox -- "The interesting question is: What does it take to have a stable currency area? In my view, the traditional approach missed the most important piece –the banking union. Forget labour mobility, a common language, or even a federal budget.(1) A banking union is the one piece of financial architecture that should have been built before the crisis."
  • foreign policy logo feature
    Excerpt from Foreign Policy -- "But as the episode unfolds, you realize some things about the use of debt-fueled stimulus for the economy... It produces short-term gains by making investment and output seem stable but carries the long-term risk of a protracted slowdown... It seems each country needs its own crisis to learn the hard lesson. It must be that the underlying political imperative to generate short-term growth at all costs is too strong, and political time horizons are far too short."


Contact NYU Stern Public Affairs

If you're a member of the press, please contact Stern’s Office of Public Affairs at:

Phone: 212-998-0670
Fax: 212-995-4950

Or contact us directly:

Jessica Neville, Executive Director
(416) 516-7677;

Rika Nazem, Executive Director
(212) 998-0678;

Carolyn Ritter, Senior Associate Director
(212) 998-0624;

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