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  • channel news asia logo
    Excerpt from Channel News Asia -- "'They won't just be playing catchup,' said Prasanna Tambe, associate professor at New York University’s Stern School of Business. 'They'll be leapfrogging the competition in some ways because this is a problem that many countries have tried to solve and it's been difficult. I think everyone is still struggling to figure out how to achieve better gender balance in the high-tech workforce.'"
  • – Research Center Events

    Economic Outlook Forum

    September 3, 2014
    Economic Outlook Forum 2014
    The NYU Stern Center for Global Economy and Business hosted the Economic Outlook Forum on September 3, 2014.
  • dow jones logo feature
    Excerpt from Dow Jones Newswires -- "The key to avoiding corporate crises could lie with approachable supervisors. New research from New York University and Singapore's SIM University finds that employees often won't speak up if they see something wrong because they feel that they lack power as compared to others at their organization. But one factor mitigates that response: a boss that the employee perceives as being open, "interested in input from others and willing to give fair consideration to ideas and suggestions," according to the paper. The authors note that the consequences of silence 'can be disastrous,' citing examples like the faulty ignition switches in General Motors (GM) cars and massive fraud at Enron."

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    Excerpt from US News University Directory -- "While in 2003-2004, New York University's Stern School of Business only had two entrepreneurship classes with 62 students, that number jumped to seven courses with 281 students enrolled in 2012-2013, Bloomberg BusinessWeek reported. In 2012, the school also introduced a specialized academic track in entrepreneurship."
  • bloomberg businessweek logo feature
    Excerpt from Bloomberg Businessweek -- "Jon Haidt thinks corporate culture in America works relatively well. But that hasn’t stopped him from launching a crusade to up-end the way Wall Street titans do business. Haidt, a professor of business ethics at New York University’s Stern School of Business, founded a nonprofit called Ethical Systems this year. He started Ethical Systems as a research hub to study the best ways to make business people behave ethically. No one can accuse Haidt of underestimating what’s at stake. 'If we at Ethical Systems can, over the course of 10 years, improve business ethics by 1 percent, we’ve justified our life on this planet,' he says."
  • Newsweek Logo
    Excerpt from Newsweek -- "In a world where technology and efficiency have provoked greater loneliness, something as simple as sharing a ride in a taxi may improve our health and well-being. Arun Sundararajan, a New York University professor specializing in the digital economy, says that while technological progress yields greater institutional efficiency, 'a byproduct is a growing drop in the level of connectedness people have.' Sundararajan points to studies that show loneliness can have negative health effects. But there might be a way to counteract this depressing fact of contemporary life. The sharing economy, he says, can 'bring back that human connectedness into economic interactions that used to be individual, isolated, solitary and faceless.'"
  • thestreet logo feature
    Excerpt from TheStreet.com -- "'Clearly it's a win-win,' said Stijn Van Nieuwerburgh, professor of finance and director of the Center for Real Estate Finance Research at NYU's Stern School of Business. 'Banks are able to reduce their non-performing loans and improve their own financial health and that of the financial system more broadly in the process.'"
  • institutional money logo
    Excerpt from Institutional Money -- "Transaction tax is bad for investors."

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  • la repubblica logo
    Excerpt from La Repubblica -- (Translated from Italian using Google Translate) "The Laureate Robert Engle warns that quantitative easing creates bubbles of liquidity and that in America the problem will emerge soon."
  • cnbc logo feature
    Excerpt from CNBC -- "'It now appears – based on European Central Bank President Mario Draghi's recent Jackson Hole speech – that the ECB has a similar plan in store for the euro zone,' Nouriel Roubini, chairman of Roubini Global Economics wrote in an op-ed published on Project Syndicate's website on Sunday, referring to 'Abenomics' – Abe's economic revival plan consisting of fiscal stimulus, monetary easing and structural reforms."
  • project syndicate logo feature
    Excerpt from Project Syndicate -- "It now appears – based on European Central Bank President Mario Draghi’s recent Jackson Hole speech – that the ECB has a similar plan in store for the eurozone. The first element of 'Draghinomics' is an acceleration of the structural reforms needed to boost the eurozone’s potential output growth. Progress on such vital reforms has been disappointing, with more effort made in some countries (Spain and Ireland, for example) and less in others (Italy and France, to cite just two)."
  • cnbc logo feature
    Excerpt from CNBC -- "'Yahoo is actually better off just throwing in the towel,' said New York University finance professor Aswath Damodaran, a valuation expert. 'The most sensible thing that they can do is give the money back to stockholders. They have lost the game to others (Google, Netflix, Amazon) and it is time for [CEO] Marissa Mayer to concede and not throw good money after bad,' Damodaran said in an email to CNBC."
  • fox business logo feature
    Excerpt from Fox Business -- "The business implications are really exciting because what we've got here - let's get away from the specifics of the drone - what we've got here is Google X, and this is what I love about the Google X program - they're basically starting from a blank sheet of paper, they're disrupting the old infrastructure model...which is the airport, go to a depot, go to a truck model which was based on the railways, so they're starting from a blank sheet and saying if we came here today and we had to get stuff to people, how would we look at doing that. So it's a new infrastructure idea from the ground up and that's what's exciting."
  • insidecounsel logo
    Excerpt from InsideCounsel -- "'It’s not a very common structure,' Joseph Porac, a professor at New York University’s Stern School of Business, said in an interview with InsideCounsel, about co-CEOs. 'It can work.' When it is effective, the two CEOs may have complementary skills, there is a good relationship between them, and it can add value to the company, Porac said. There should be a culture of cooperation for the system to work effectively, he added."
  • poets and quants logo
    Excerpt from Poets & Quants -- "Hori, arguably the most successful business school career management director of her generation, had been in charge of the placement of Northwestern University’s Kellogg MBAs for nearly 17 years. The hire is a major coup for NYU Stern which significantly expanded Hori’s role at the school. Stern said Hori will 'build, sustain and manage a broad array of corporate relationships that underpin the career development program for MBA students and alumni, as well as forge new relationships with companies across sectors and markets around the world.'"
  • Bustle logo
    Excerpt from Bustle -- "Readers may be too immersed in a tragic story to consider its fictional nature … As a result, consumers’ emotional reactions to these experiences may be just as strong as their reactions to experiences that involve more proximal events (such as real-life stories)."
  • Roxanne Hori
    New York University Stern School of Business announced that Roxanne Hori has joined its leadership team in the newly created position of Associate Dean of Corporate Relations, Career Services and Leadership Development.
  • venturebeat logo
    Excerpt from VentureBeat -- "NYU’s Jason Greenberg and University of Pennsylvania’s Ethan Mollick found that the extraordinary success of women on Kickstarter was partly due to activist women backers who have 'the motivation to help someone that shares one’s gender overcome perceived structural barriers..'"
  • international business times logo feature
    Excerpt from International Business Times -- "The International Monetary Fund (IMF) has identified twenty-five young economists who it expects will shape the world's thinking about the global economy in the future."
  • project syndicate logo feature
    Excerpt from Project Syndicate -- "...experience in a wide range of countries suggests that high and rising levels of inequality, especially inequality of opportunity, can indeed be detrimental to growth. One reason is that inequality undercuts the political and social consensus around growth-oriented strategies and policies. It can lead to gridlock, conflict, or poor policy choices."
  • Vice logo
    Excerpt from VICE -- "According to the researchers, at issue is a preemptive 'priming' impulse in users that ultimately affects how much they donate. Presenting users with information controls before payment likely scared off some users not already aware of privacy issues on the web and encouraged users who were to donate more, knowing that the exact amount would remain hidden."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Small boards are more likely to dismiss CEOs for poor performance—a threat that declines significantly as boards grow in numbers, said David Yermack, a finance professor at New York University's business school who has studied the issue."
  • racked logo
    Excerpt from Racked -- "[Serdari] noted that in recent years, Chanel has added a slew of new products that fall within the $600-$1000 price range. This is, of course, still expensive, but these purchases are considerably more affordable than a $5,000 purse. 'In order to maintain exclusivity and to keep increasing profit, they must increase the price of bags,' she explained."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "Lawrence J. White teaches economics at the NYU Stern School of Business. He says it makes sense for banks to loosen up credit right now for the less-than-perfect consumer: 'Because the economy is better, he or she is more likely to stay employed and be in a position where he or she can repay.' And White says consumers have learned not to live beyond their means; they don’t want to slide back to where they were during the Great Recession, and are using credit more wisely."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "Clearly, McDonald's has been struggling with a way to communicate with a new generation in a lot of ways... They've been trying to spin their wheels to keep creating new products to try and solve the problem and that's created its own set of problems because that's been very inefficient within the stores. But the reality is millennials clearly don't value McDonald's products the way earlier generations do and they don't have the same relationship with the brand that previous generations have had."


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
Email: paffairs@stern.nyu.edu

Or contact us directly:

Joanne Hvala, Associate Dean
(212) 998-0995; jhvala@stern.nyu.edu

Jessica Neville, Executive Director
(416) 516-7677; jneville@stern.nyu.edu

Rika Nazem, Director
(212) 998-0678; rnazem@stern.nyu.edu

Carolyn Ritter, Senior Associate Director
(212) 998-0624; critter@stern.nyu.edu

Anna Christensen, Associate Director
(212) 998-0561; achriste@stern.nyu.edu

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