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  • marketplace radio logo feature
    Excerpt from Marketplace -- "The economy is this system that absorbs shocks, and either prices move when a shock hits the economy or quantities move when a shock hits the economy. What are these quantities I’m talking about? These are like the numbers of firms or the numbers of workers. So if we don’t make little adjustments in prices that help the economy adjust to these shocks, instead what we'll see is firms going bankrupt and people losing their jobs."
  • bloomberg logo new
    Excerpt from Bloomberg -- "In a working paper for the National Bureau of Economic Research, a group of researchers looked at 8.5 million credit card accounts. They found that for every 1 percentage point reduction in what it costs banks to borrow, banks extended $127 in credit to families with credit scores below 660. Those families spent 58¢ for every new dollar in credit. Under the same conditions, families with credit scores above 740 got $2,203 in extra credit. But they didn’t spend a penny of it. Says Johannes Stroebel of the NYU Stern School of Business, one of the authors: 'The targeting of these credit expansions is potentially to the wrong people, to the people that don’t want to borrow more.'"
  • cnbc logo feature
    Excerpt from CNBC -- "We should not let populist opinion drive regulation: it doesn't make sense to kill high frequency traders and the associated liquidity they provide just because they make money through intelligent machines. However, if the data quickly reveal patterns of behavior that destabilize markets, we should take focused action on the basis of such evidence."
  • Loretta Mester_feature
    NYU Stern's Center for Global Economy and Business welcomed Loretta J. Mester, President and CEO, Federal Reserve Bank of Cleveland for a talk on “Long-Run Economic Growth” with the Stern community on Thursday, October 15.
  • marketwatch logo feature
    Excerpt from MarketWatch -- "The costs of financial intermediation—including banking, investment management and legal, accounting and custodial support—has generally been rising since 1970, and today is equivalent to about 7% of U.S. gross domestic product, despite cost-obliterating new technologies and market deregulation, according to Thomas Philippon, a finance professor at New York University."
  • reuters logo feature
    Excerpt from Reuters -- "'We are in an era now where transparency is the watchword. It raises the issue of: Who is going to have the information? Is it just insiders?' said C. Samuel Craig, professor of marketing and international business at New York University’s Stern School of Business."
  • – Faculty News

    Professor Jeffrey Carr is profiled

    October 14, 2015
    mbamission logo
    Excerpt from mbaMission -- "... Jeffrey Carr joined Stern’s full-time faculty in 2007 and is now a clinical professor of marketing and entrepreneurship. ... As one first year we interviewed said of his experience at Stern, 'So far, the most impressive class has been Marketing with Jeff Carr,' adding, 'He’s super engaging and makes you think more about the consequences of your actions in marketing than simply teaching you the tools. The class structure is very informal, but all of the students are learning a ton.'"
  • washington post logo feature
    Excerpt from The Washington Post -- "'Is it just a matter of time, or are social media firms trying to force an unnatural act?' wonders Scott Galloway, a professor who teaches marketing and branding at New York University’s Stern School of Business. Galloway said it seems that perhaps people view social networks as more of the digital equivalent of a hanging out at a bar — a place where it feels right to socialize, but would seem awfully weird to buy a sweater or a plane ticket."
  • national post logo feature
    Excerpt from National Post -- "In his seminal 1990 article 'Endogenous Technical Change,' Paul Romer identified a couple of crucial features about new ideas. Firstly, they are what economists call non-rival goods: more than one person can share a new idea without affecting its usefulness to other people. In the absence of at least some IP protection, it would be almost impossible for firms or researchers to cover the costs of R&D. IP devices such as patents give their holders a temporary monopoly in the use of a certain technology, and those monopoly profits can be used to cover the costs of R&D."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "'Jes has had a long career in banking doing a lot more than the securities business,' said Roy Smith, a professor at New York University and a former Goldman Sachs Group Inc. banker. 'But that’s a tough part of Barclays’s business for it to get right. Jes’s experience at the top levels of J.P. Morgan can only help."'
  • bbc news logo feature
    Excerpt from BBC -- "There are plenty of jobs where you don't actually have to be physically co-located with the customer... and certainly for those kinds of jobs, I think you're not really constrained as much as you were by immigration policy or by whether the person is actually in the same city as the customer... For the jobs where the geographic barriers break down and anyone from anywhere can provide work, you do see in the short run sort of a downward pressure on wages, but for a lot of the other jobs where actually being physically present in the same place is important, I'm actually seeing an increase in wages relative to the US averages."
  • BusinessBecause
    Excerpt from BusinessBecause -- "At NYU Stern School of Business for example, the accounting department is developing new courses in statistical and data analysis, says Alex Dontoh, professor of accounting and deputy chair of the department. He says there is a 'need for students to develop technical skills in data analytics and information technology, in order to stay relevant in the professional accounting marketplace'."
  • orange county OC register logo
    Excerpt from Orange County Register -- "Orange County currently has eight EB-5 projects getting $404 million from EB-5 investors. Ninety percent of that investment is at the $500,000 level. That makes sense: If your choice is to invest $500,000 or $1 million to get the same green card, you’re going to choose the smaller investment, said Gary Friedland, a lecturer and research scholar at New York University who co-authored a study of EB-5 projects. 'It’s a no-brainer,' he said. “That’s why the developers do cartwheels to make sure their development qualifies as a TEA.'"
  • techcrunch logo feature
    Excerpt from TechCrunch -- "Each week brings more Uber stories, with some containing good news for those who believe that the company is on a glide path to a $100 billion IPO, and some containing bad news, which evoke predictions of catastrophe from Uber doubters. For me, the test with each news story is to see how that story affects my narrative for Uber, and by extension, my estimate of its value."
  • new york times logo feature
    Excerpt from The New York Times -- "On average, from 1990 to 2005, when a stock was added to the S.&P. 500 — effectively requiring many investors to hold the stock for the first time — the mere inclusion added almost 9 percent to share prices, according to Jeffrey Wurgler, a professor of finance at New York University."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "Notes Scott Galloway, a professor of marketing at New York University’s Stern School of Business, all feedback on content is useful to companies. 'And then you can make an adult decision about whether you want to stop putting it out there.' Which is exactly what Facebook is doing with its new emojis – finding out how Irish and Spanish users feel about them."
  • SarderTV logo
    Excerpt from SarderTV -- "On the business side, what our data suggest is that if you have inflated intuitions about how globalized the world is, you're also much more likely to agree with, at least within the field of international business, what are treated as highly dubious propositions, like 'globalization means competing exactly the same way everywhere around the world.' This hurts profits, because companies still are quite separated as these low levels of cross-border flows indicate."
  • – Business and Policy Leader Events

    Spotted on Campus: James Gorman, Chairman and CEO of Morgan Stanley

    October 8, 2015
    James Gorman_feature
    James Gorman, Chairman and CEO of Morgan Stanley, addressed a packed auditorium of NYU Stern students, faculty and alumni this fall.
  • Stern's Center for Real Estate Finance Research Fall 2015_feature
    NYU Stern's Center for Real Estate Finance Research partnered with Bloomberg L.P. this fall to host the Fourth Annual Fall Symposium, "The Nexus between Real Estate and Infrastructure Investing." The symposium featured leading institutional investors, compared investments in real estate and infrastructure assets, and investigated how green building and new energy are changing the landscape.
  • Today show logo
    Excerpt from TODAY -- "New York University's Stern School of Business also has its own Snapchat account that anyone can follow regardless of their proximity to campus. Potter said this account helps prospective students see that, although New York University is a large school in an urban area, individual voices are still heard. 'By and large the content that we're providing on Snapchat is created by current students, so we're really allowing prospective students to see and hear an authentic voice,' she said."
  • voxeu logo feature
    Excerpt from Vox -- "The concern is that this foreign currency cross-border corporate borrowing will put emerging market economy financial systems at risk when the Fed inevitably begins to raise rates."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "The private-company numbers suggest slowing growth for larger companies, said Edward Altman, a professor at New York University who helped create the Golub Index. He said there’s a high rate of correlation between the Golub index and public company performance, suggesting big companies will report weaker growth during the third-quarter earnings season, which begins this week."
  • Michael Jung research on investor access to management
    New research from NYU Stern Professor Michael Jung and University at Buffalo School of Management Professor Jing Chen finds that, on average, firms are less likely to issue public management forecasts, also known as management guidance, after investment by an activist hedge fund.
  • daily beast logo feature
    Excerpt from The Daily Beast -- "The paper suggests that, instead of engaging in a technological race with producers of hate content, policy should be implemented to educate youth on digital media, racial and social justice, stereotypical messages, and how to interpret multiple meanings."
  • business insider logo feature
    Excerpt from Business Insider -- "[Professor Scott Galloway's] research has shown that customers want a multi-channel experience, and that Bonobos is smart to expand its physical presence. 'I don't believe any pure-play e-commerce firm will survive,' he said."


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;

Follow us on Twitter @NYUStern

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