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  • time magazine logo feature
    Excerpt from TIME -- "Polls are close but swinging toward exit. The danger is that with the public divided, the passion of the anti-Europe side will carry the day. The cold economic logic favoring remaining in the union won’t do much to excite voters who are seeing constant headlines about how Europe is falling apart. Prime Minister David Cameron has acknowledged as much, saying this month that his biggest concern was low voter turnout for the 'in' campaign."
  • forbes logo feature
    Excerpt from Forbes -- "Accelerators serve an important need for startups that may have great, viable ideas but lack the diversity of expertise to pull them off and maximize their potential. Accelerators serve important roles for existing companies, infusing them with new perspectives, an entrepreneurial spirit and providing cutting-edge learning through mutual problem solving."
  • valuewalk logo feature
    Excerpt from ValueWalk -- "Most mathematical articles in peer reviewed academic finance journals suffer from lack of model specificity, failing either to properly define terms or to specify exactly what they are trying to prove, or drawing conclusions in ordinary language that aren’t warranted by the mathematics. In these respects, they resemble more what economist Paul Romer has called mathiness than real mathematics." 
  • BusinessBecause
    Excerpt from BusinessBecuase -- "'The potential appears to be enormous. Most of the large banks and other financial record-keeping institutions are looking closely at the technology,' says David Yermack, chair of NYU Stern’s finance department. 'It may turn out to be as important as the advent of double-entry bookkeeping in the Renaissance.'"
  • project syndicate logo feature
    Excerpt from Project Syndicate -- "Over the last 35 years, Western democracies have seen a rapid rise in political instability, characterized by frequent shifts in governing parties and their programs and philosophies, driven at least partly by economic transformation and hardship. The question now is how to improve economic performance at a time when political instability is impeding effective policymaking."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "[Alter] said plenty of people want to leave reviews, 'especially if they're really really happy or really really unhappy.' Alter said companies use this feedback in different ways. 'So some will just use the numbers as a threshold just to help them make very broad personnel decisions,' Alter said 'Others might even tie compensation to the numbers.'"
  • marketwatch logo feature
    Excerpt from MarketWatch -- "I think that, in Europe particularly, and increasingly now in China and probably other emerging markets, that the bank system is a lot weaker than people would like to feel it is and we should be concerned about that because we haven’t made the fundamental reforms to banking that I think are necessary to mean that we are immune from bank runs. And a loss of confidence in the banking system in another part of the world will impact back on us. One of the things I do feel is that people in the United States often do not give sufficient weight to the impact of what’s happening in the rest of the world. It feeds back on the U.S."
  • fortune logo feature
    Excerpt from Fortune -- "Such regulations level the playing field of competition between the cable company and the streaming services. The big beneficiaries are the consumers who will end up paying only for what they watch, and paying much less. Expect millions to cut the cable cord. And innovation will finally reach the cable TV world." 
  • BusinessBecause
    Excerpt from BusinessBecause -- "Applications to these programs have surged. Stijn Van Nieuwerburgh, director of NYU Stern’s Center for Real Estate Finance Research, says: 'The tangibility of real estate assets differentiates it from finance in a way that many students find very attractive.'"
  • pix 11 news logo
    Excerpt from WPIX -- "This is just the beginning, as an economist at the NYU Stern School of Business pointed out. 'They've got a lot of catching up to do,' Lawrence White said about Cuba's economy in an interview with PIX11 News. '[Cuba will] achieve bigger gains. [But] to the extent that Americans want to spend leisure time' in Cuba, and in other ways that Americans want to take advantage of their neighbor to the south, 'It's not a zero sum game, that's for sure,' White said."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Under current accounting rules, U.S. companies don’t record those items on their books as assets. 'It’s 19th-century accounting,' said Baruch Lev, an accounting and finance professor at New York University’s Stern School of Business. The absence of abstractions like brand value on corporate balance sheets prevents investors from properly gauging their risks, said Mr. Lev. 'It’s an incredibly important issue,” he said. “Investment in intangibles is almost completely obscured from investors.'"
  • bbc news logo feature
    Excerpt from BBC News -- "'[Mr Ackman] has put his credibility on the line and it could make or break him,' Aswath Damodaran a professor of finance at New York University, told the BBC. 'The markets are going to decide [Valeant's] value- his words could initially stem the problem, but they don't mean as much now,' said Mr Damodaran."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "'Five years from now, if there is not enough structural reform, if eventually the fiscal problems are not resolved, you are going to run out of monetary policy bullets,' Roubini said. 'The right thing can be done and therefore there will be light at the end of the tunnel for Japan. So I would not give up on Japan.'"
  • foreign affairs logo feature
    Excerpt from Foreign Affairs -- "... lots of people look at say the Chinese stock market, specially given the huge run up and then the meltdown that's happened over the last year-and-a-half. Now, what's interesting is that between 1990 and 2013, Chinese stock prices were essentially flat while the country was growing rapidly. So this is a little bit of a reminder that we still have very different economic systems, and that stock prices are way less informative in countries like China, where pretty much all stocks tend to move up or down on a given day, than they tend to be in countries with well functioning capital markets, like the United States."
  • HK TV logo feature
    Excerpt from HK TV -- "Well, certainly for China, our national pride. There's certainly pride in having national champions out there operating on a global basis. This is something that provides economic pride. Something that folks in the Chinese economy can look at and say, 'Hey, wow, look, we're a player on the global stage now. We have companies that are operating all throughout the globe." 
  • Big Data logo
    Excerpt from Big Data -- "Google CEO Eric Schmidt gave the opening talk, listing the recent advancements in AI that have enabled capabilities for solving previously intractable problems. He stressed that AI should forge a future that benefits 'the many' instead of 'the few.' Challenges in water purification, synthetic food production, logistics of distribution, and optimal management of supply/demand of energy are some of the areas where our ability to leverage natural flows of data governs our ability to meet our collective needs."
  • christian science monitor
    Excerpt from Christian Science Monitor -- "The 2011 film 'The Adjustment Bureau,' which combined aspects of a thriller and a romance, was marketed using separate trailers aimed at women and at men, write Al Lieberman and Patricia Esgate in their 2011 book 'The Definitive Guide to Entertainment Marketing.' 'The trailers were accurate in their use of footage from the film but simply focused on the action and drama for the male audience and made the romantic scenes more prominent and expansive for the female audience,' they write. 'Neither audience was disappointed because both were satisfied by the story, content, and elements each was seeking.'"
  • bloomberg logo feat
    Excerpt from Bloomberg -- "I think they're really trying to squeeze this turnip as hard as they can, right? Little too big, little too small. But this is basically the iPhone 5 with updated components, and a lot of people like the small phone. So it makes a lot of sense. It's evolutionary, not revolutionary. But they'll get incremental profits and margins because this is arguably the first tech product in history that its margins have expanded as it's matured. People still love the iPhone."
  • wired logo feature
    Excerpt from WIRED -- "'The attitude is if you violate my values, you won’t get to speak,' says Jonathan Haidt, a social psychologist at the New York University Stern School of Business. In fact, Trump has blamed supporters of Democratic presidential candidate Bernie Sanders and the liberal group MoveOn for trouble at the rallies. 'Of course they hate Trump and what he stands for,' Haidt says. 'But what gives them the right to disrupt, interrupt and shut down a political event? If they do that at a Trump rally, are they surprised that people will try to hit them?'"
  • xinhua logo feature
    Excerpt from Xinhua -- "'Japan is not at the center of global concern as such, but certain policy decisions including the BOJ adopting a negative interest rate recently have had a ripple effect following similar moves in Europe, with banks there also going negative,' Roubini, also a professor of economics at New York University's Stern School of Business, explained."
  • wired logo feature
    Excerpt from WIRED -- "'This is unambiguously bad for theater owners,' says William Greene, an economics professor at the NYU Stern School of Business, who studies the media and entertainment industries. 'But I do not see much of an upside for studios.'''
  • south china morning post logo
    Excerpt from South China Morning Post -- "Michael Spence, another Nobel laureate, said China was 'well on the way' to shifting to the growth pattern that would underpin its ­future prosperity. The 'unsettled' issue in policymaking was about state-owned enterprises, including state firms in the financial sector, he said. 'One thing China has been very good at is managing the process – making steady progress and not trying to do everything at once,' Spence said."
  • Aspen Institute blog feature image
    Excerpt from Aspen Institute blog -- "The story for CSR, for Corporate Social Responsibility, is generally positive, though not always. The story for internal ethics, that is, can you trust the people you work with, that seems to always be associated with better financial returns in the long run."
  • wired logo feature
    Excerpt from WIRED -- "Sundararajan says proclaiming the demise of the on-demand idea overlooks the many ways on-demand businesses can be configured, from how prices are set to whether they hire independent contractors or official employees. Companies are still figuring out what works. Some will rise, some will fall. What the on-demand economy creates as a whole, he says, is the possibility of a more decentralized labor force, which consumers are increasingly coming to expect. 'A lot of economic activity down the road is going to flow through platforms that have a mix of centralized and decentralized labor,' Sundararajan says."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "It's been lasting for over 6 years now. And I've been predicting for the last 7-8 months that we were probably in the 7th inning of a 9-inning game. Now I think we're in the 9th inning, maybe over. Except the Fed is still kind of anxious about things, and as you know this week, they didn't raise interest rates. So they may try to keep that cycle going a little bit longer, but it's just about over."


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, Director
(212) 998-0624;

Follow us on Twitter @NYUStern

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