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  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "At the RBI, Mr. Acharya will be in charge of monetary policy and research, according to a statement issued by the central bank. The role has been overseen by R. Gandhi–another of the four deputy governors–since September when the then-Deputy Governor Urjit Patel was promoted to governor to succeed Mr. Rajan."
  • scientific american logo feature
    Excerpt from Scientific American -- "Psychologists have known for some time, thanks to work led by Nira Liberman from Tel Aviv University and Yaacov Trope from New York University, that goals look different in the distant versus near future. Three months ago, when you booked your holiday travel, you probably had some abstract notions of 'family togetherness,' 'relaxation,' or 'adventure.' The night before you left, however, you probably had some more immediate concerns in mind. Concerns like, 'How is all this stuff going to fit in the suitcase?' and 'Will I be able to get an Uber driver at 4:45 AM?'"
  • japan times logo feature
    Excerpt from the Japan Times -- "Arun Sundararajan, a professor researching the sharing economy at New York University’s Stern School of Business, noted the industry’s potential in his keynote speech at the summit. 'Japan has a huge advantage in growing in sharing economy because it seems that there is a fundamentally high level of trust in society within groups,' he said."
  • – Faculty News

    Lord Mervyn King shares his outlook on Brexit

    December 26, 2016
    financial times logo feature
    Excerpt from the Financial Times -- "Although it was too early to determine what the economic consequences of Brexit would be, 'we should look at it in a much more self-confident way than either side is approaching it at present', Lord King added."
  • christian science monitor
    Excerpt from The Christian Science Monitor -- "That’s probably an anomaly – globalization isn’t going into reverse, says Pankaj Ghemawat, who directs the Center for the Globalization of Education and Management at New York University. But 'globalization is still in the doldrums,' says Mr. Ghemawat via email. 'It is clearly not advancing like it was before the financial crisis, but it has not (at least not yet) collapsed.'"
  • cbc logo feature
    Excerpt from CBC News -- "Salomon said while no one knows what Trump will do, his best guess is that NAFTA will be tweaked, not trashed. 'If he wants to rip it up, Canada will bear the consequences as well. But I hope that Trump sees the broader value of NAFTA and works to renegotiate elements of it, rather than rip it up entirely.'"
  • associated press logo feature
    Excerpt from the Associated Press -- "Do you remember what Pat Nixon or Laura Bush wore? She has the ability to hold the interest of the consumer in a way that almost no one else does. I've looked far and wide — Kate Middleton, Carla Bruni. Nobody begins to approach Mrs. Obama on this."
  • the guardian logo feature
    Excerpt from The Guardian -- "Latin America has 31% of the world’s fresh water, the largest of any region. Since fresh water appeared to be plentiful, up until recently governments hadn’t focused on freshwater conservation or investment in water infrastructure, and communities weren’t educated about how to protect their water supply, says Tensie Whelan, director of New York University’s Center for Sustainable Business."
  • economic times logo feature
    Excerpt from the Economic Times -- "To be quite honest, 2% to 2.5% is the long term growth and I do not see growth in the US economy going to 6% or 7%. It is not that kind of economy. 3.5% is really a good year and 1% is a bad year and 2.5% is the middle. That is why when I said earlier that Asia has got to provide that extra growth, the US economy is not capable of providing 6%, 7%, 8% growth. It is a mature economy. So 2.5% might become 3% or 3.25% but I do not see it jumping going forward even if good things happen."
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    Excerpt from LinkedIn -- "[Sundararajan's] excellent analysis is appropriately sceptical at times about whether there is anything virtuous about this sort of 'sharing', and sets out with great clarity why regulators need to keep a close eye on what is going on and why the potential implications for workers may require new policies and institutions to manage the insecurities of eking out a living in the 'gig economy' of Uber World."
  • seeking alpha logo feature
    Excerpt from Seeking Alpha -- "German Gutierrez Gallardo and Thomas Philippon, in their paper "Investment-Less Growth: An Empirical Investigation" published this month by NBER do exactly that. The authors 'analyze private fixed investment in the U.S. over the past 30 years.' First, the authors establish that indeed, 'investment is weak relative to measures of [firm] profitability and valuation - particularly Tobin's Q, and that this weakness starts in the early 2000s.' In other words, whilst firms remain profitable, they simply do not reinvest their profits at the same rate today as in the 1990s."
  • new york times logo feature
    Excerpt from The New York Times -- "As David Yermack, a professor of finance at New York University, noted, Michelle was also a bonanza, generating $2.7 billion in a single year for the companies she showcased."
  • financial times logo feature
    Excerpt from the Financial Times -- "In areas roughly related to my work, I was really interested in Robert Gordon’s The Rise and Fall of American Growth. I hadn’t really seen the bits of this story pulled together in a narrative arc before. It ends with speculation, which has attracted criticism, but this book is an important antidote to some of the naive optimism about technology. When it talks about what happens to jobs in the age of automation, it also lays out the agenda for what happens next."
  • atlantic logo feature
    Excerpt from The Atlantic -- "In Jonathan Haidt’s book The Righteous Mind: Why Good People Are Divided by Politics and Religion, he explained that within the United States, members of the educated upper-middle class are outliers when it comes to their intuitions about morality, and that there is more to morality as many practice it than concerns about harm and fairness. Later, while sketching alternative foundations of moral concern, he writes about sanctity and degradation, and the human relationship to disgust."
  • bloomberg view logo
    Excerpt from Bloomberg View -- "Many people have criticized macroeconomics over the years, especially since the financial crisis. But perhaps none have done so as forcefully as Paul Romer, the new chief economist of the World Bank. Romer takes his fellow macroeconomists to task for failing to reconcile their theories with reality, and accuses them of acting more like a religion than a science."
  • bloomberg logo new
    Excerpt from Bloomberg -- "The Bank of Japan used to have a very poor policy arrangement. They did not aim at keeping prices stable. They encouraged the sustained deflation. But today's Bank of Japan is the most aggressive monetary policymaker on the planet. They've been doing more than virtually any other central bank to restore inflation expectations of about 2%. The problem for them is that it hasn't worked well."
  • mit sloan management review logo feature
    Excerpt from MIT Sloan Management Review -- "'Once everyone was speaking the same language vis-à-vis skills,' says Horton, 'we could build a bunch of new features without having to do lots of machine learning to figure out what people were talking about. This kicked off a more general attempt in the company, named "Project Babel" to find important unstructured data and then structure it.'"
  • new york times logo feature
    Excerpt from The New York Times -- "'I think he would be controversial — former Treasury secretaries have been top bankers and businessmen or lawyers and they were well-recognized top leaders in their professions,' said Prof. Richard Sylla at the Stern School of Business of New York University, whose research focuses on financial history and economics. 'But Mnuchin wasn’t that famous as a Goldman Sachs guy, and probably not even as a hedge fund guy, so why is he there? Well, he took the job of raising money for Trump.'"
  • inc logo feature
    Excerpt from Inc. -- "'Small businesses are disproportionately vulnerable to these events,' says Ari Ginsberg, professor of entrepreneurship and management at New York University's Stern School of Business. He notes that small businesses are plentiful, but that diversity can make corralling their economic might tough. 'Larger corporations have ways of muffling these events but small businesses don't.'"
  • bloomberg logo new
    Excerpt from Bloomberg -- "'I don’t think anyone has any idea what to expect,' said David Yermack, a professor at New York University’s Stern School of Business. 'Companies have to make educated guesses about what may happen when, but there’s a huge amount of uncertainty.'"
  • us news and world report logo feature
    Excerpt from US News & World Report -- "'Having a specialization will not get you the job, but it certainly will make it a lot easier to get the interview. It opens the door and that's the reason why students are so fond of specializations,' says Raghu Sundaram, vice dean of MBA programs at New York University's Stern School of Business."
  • financial times logo feature
    Excerpt from the Financial Times -- "Mr Romer portrays modern macroeconomics as a racket held together by people who protect their influence. ... Mr Romer claims that the state of macroeconomics is worse. It has regressed. His observations are disturbing in their own right. But what makes them relevant in the context of this discussion is that our economic policy institutions are premised on the idea that these theories are correct. Our independent central bankers are macroeconomists, who were trained in those very models that Mr Romer criticises."
  • Expansion logo 192 x 144
    Excerpt from Expansión -- "[Van Nieuwerburgh's] studies about how the real estate market is capable of transmitting shocks to the rest of the economy and financial assets have won him many accolades. Now, the reputed academic focuses his efforts on the proposal of the creation of a risk-free European asset which, in his view, would allow Europe to prevent crises."
  • bloomberg logo new
    Excerpt from Bloomberg -- "I think the most likely one is they extract their pound of flesh and they reduce the price. The other option is to walk from the deal. I think the stock would pop and it would show some discipline on behalf of Verizon management if they walked right now. The other thing is to try and create some sort of legal entity where they would put AOL and Yahoo into that distinct entity to try and, if you will, create a firewall around what might be an unbelievable amount of liability."
  • the guardian logo feature
    Excerpt from The Guardian -- "Experts note that Uber has an obvious financial interest in a system with minimal regulations. By ignoring California regulators, the corporation is attempting to preemptively create a framework in which self-driving cars are treated similarly to traditional vehicles, said Arun Sundararajan, a New York University business professor and expert on the sharing economy. 'The act of asking for permission is sort of a tacit admission that this needs to be regulated,' he said. 'They are playing a long game here … They’re trying to define what the regulatory space is going to look like.'"


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:

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

Janine Savarese, Executive Director
(212) 998-0202;

Carolyn Ritter, Director
(212) 998-0624;

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