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  • OZY logo
    Excerpt from OZY -- "Today, InMobi comes up as the kind of company Google might buy, though Google declined to comment. 'It would be good for Google,' Ghose says, adding that InMobi is 'a bit away' from being true competition for Google or Facebook. For InMobi to wear the big-kid shoes in its own right, Ghose figures it’d want to ace the data game, getting access to really 'fine-grained' data about user preference."
  • xinhua logo feature
    Excerpt from Xinhua -- "Michael Spence, a Nobel prize winner in economics, told Xinhua while the biggest challenge is to keep growth in the neighborhood of 6.5 and 7 percent before 2020, the completion of structural changes and supporting reforms are more important."
  • economist logo feature
    Excerpt from The Economist -- "The problem leading up to the crisis, as Lord King sees it, is that commercial banks had little incentive to hold large quantities of safe, liquid assets. They knew that in a panic, the central bank would provide liquidity, no matter the quality of their balance-sheets; in response they loaded up on risky investments."
  • international business times logo feature
    Excerpt from the International Business Times -- "'The financial sector has been important for the New York economy since Peter Stuyvesant’s time 400 years ago,' said Lawrence J. White, professor of economics at New York University’s Stern School of Business. 'There is no question there’s a ripple effect if bonuses aren’t going to be what they’ve been in the past.'"
  • washington post logo feature
    Excerpt from The Washington Post -- "... liberal professors should temper their preference for like-minded colleagues by considering the virtues of viewpoint diversity. That case is being made more forcefully than ever at Heterodox Academy, a new initiative created by New York University psychologist Jonathan Haidt."
  • eater logo 192 x 144
    Excerpt from Eater -- "Restaurants drawing down-the-block-lines is not a new phenomenon. 'Humans move in herds,' says Adam Alter, a behavioral economist and marketing professor at New York University Stern School of Business. 'When one or two influential people —€” or a larger number of everyday people —€” flock to a product, their endorsement suggests to other people that the product is worth pursuing.'"
  • bloomberg logo feat
    Excerpt from Bloomberg -- "Extendable deals are useful to reduce banks’ risk, according to Bruce Tuckman, a finance professor at New York University’s Stern School of Business. Yet they aren’t fool-proof during a crisis if many have a similar 30-day term because of mandates concerning liquidity-coverage ratios. ... 'These evergreens help you over the first bump in a crisis, but they won’t necessarily be around after that,' Tuckman, who’s also a senior fellow at research group Center for Financial Stability, said in an interview. 'We saw that during the financial crisis, when evergreen funding dried up as nobody wanted to offer it anymore. Also, if everyone is doing 30- or 31-day evergreens, then if we get into a liquidity crunch all the lenders will refuse to extend and start the countdown at the same time.'"
  • China Radio International - NewsPlus Radio logo
    Excerpt from China Radio International -- "Obviously, the [Chinese] government wants to boost confidence at the moment, and that's absolutely the right thing to do. There's been a serious issue with regard to capital flight, for example. And anything that reduces confidence in the ability of governments--the central government or the local government--to pay their debt is obviously going to reduce confidence and then increase the possibility of capital flight because people are going to fear that perhaps it will have negative implications for the currency."
  • Waking Up with Sam Harris Logo
    Excerpt from Waking Up with Sam Harris -- "... while our experiences of suffering and flourishing is important, there are other elements. And a big part of it is the story we tell about ourselves, our sense of meaning, it isn't just the total number of moments."
  • sinovision logo 192 x 144
    Excerpt from SinoVision -- "Globalization is really challenging for three main reasons: Because cultures are different, political systems are different, and economic systems are different. And when companies expand abroad, they enter markets that are very, very different in those ways from their home markets and they struggle to adapt. Walmart in China. Walmart entered Shenzhen in 1996 and opened its first superstore. It took Walmart 12 years to become profitable in China. What Walmart discovered is that China is a very big market. But it's a very, very difficult market to conquer nationally. They found that people across China in different regions had different tastes."
  • mit sloan management review logo feature
    Excerpt from MIT Sloan Management Review -- "Ten years ago, we saw significant disruption in a few areas like print journalism, advertising, music and movies, and information products. However, disruption today is in every business sector — travel, commercial real estate, transportation and soon health care and energy. Companies need to get past the mindset that because their business serves a physical world, it won’t be digitized. Even if the product itself can’t be digitized, the manner in which it is found, marketed, and distributed can change significantly. The very model of consumption could change. For example, if people start calling Ubers and Lyfts rather than buying cars, this will be hugely disruptive to the auto industry."
  • ABC Science logo
    Excerpt from ABC Online -- "Research psychologists, and in particular New York University social psychologist Jonathan Haidt, have articulated six moral foundations that underlie our values-based decisions. Their research shows that the interpretation and adoption of these moral foundations can differ between liberals and conservatives."
  • luxury daily logo feature
    Excerpt from Luxury Daily -- "'This is a different kind of transparency,' said Thomaï Serdari, Ph.D., founder of PIQLuxury, Co-editor of Luxury: History Culture Consumption and adjunct professor of luxury marketing at New York University, New York. 'It is not about the heritage or artisanship of the brand (one takes these for granted) but rather about the creative process of designing new objects for Petit h, all of which are crafted with discarded materials from the parent brand, Hermès.'"
  • financial times logo feature
    Excerpt from the Financial Times -- "Brad Hintz, a professor at NYU Stern who has written extensively on global investment banking, says US banks were winning because they adjusted faster to the shifting sands of their industry. 'No US bank clung tenaciously to bond trading like Deutsche Bank,' he says. 'No US bank completely reversed strategy like Barclays and no US bank had to face Swiss capital rules like Credit Suisse.'"
  • cfa logo feature
    Excerpt from the CFA Institute blog -- "When Engle started tracking SRISK a few years ago, China ranked fifth on the list. It moved up into the first spot two or three years ago. The stock market euphoria since then brought temporary relief, but SRISK has again increased since the market’s collapse. 'Right now, it’s just about back on the trend line for what it was before the stock market took off,' Engle said. So why is SRISK so high in China? Engle pointed to the banks’ lending to state-owned enterprises and municipal governments. As many of these loans are in fact non-performing, they drag down bank stocks’ valuation."
  • new york magazine
    Excerpt from New York Magazine -- "Many memory researchers believe in the so-called 'end effect.' When we evaluate something that happened to us, the thinking goes, the final moments of it are disproportionately influential. ... But a new study suggests it might not be. Writing in the Journal of Experimental Psychology: General, doctors Stephanie Tully of the University of Southern California and Tom Meyvis of New York University present a set of experimental findings that, taken together, suggest the end effect may not be real."
  • the guardian logo feature
    Excerpt from The Guardian -- "A May 2015 report from the Center for Real Estate Finance Research at New York University’s Stern School of Business was blunt about the visa’s use: '[W]hen the traditional capital markets evaporated during the Great Recession, developers’ demand for alternative capital sources rejuvenated the program.' EB-5, the Stern report said, represents 'a capital source providing extraordinary flexibility and attractive terms, especially to finance commercial real estate projects'."
  • Kellogg Insight Logo 192 x 144
    Excerpt from Kellogg Insight -- "In 1918, the U.S. confiscated thousands of German-owned patents under the Trading With the Enemy Act (TWEA). While the boom in American innovation following this period is well studied, no one has previously examined how CL affected the German inventors who lost their patents. The researchers found that, in this scenario, having a patent licensed by the U.S. actually increased innovation."
  • financial times logo feature
    Excerpt from the Financial Times -- "David Yermack, a professor at the Stern School of Business at New York University, conducted an analysis in 2005 that established a link between aircraft perks and inferior shareholder returns. Mr Yermack analysed a decade’s worth of data on 237 large companies and found those that disclosed corporate aircraft benefits underperformed market benchmarks by more than 4 per cent a year on average. This chief executive perk, where disclosed, 'is associated with severe and significant underperformance of their employers' stocks', Mr Yermack said."
  • fortune logo feature
    Excerpt from Fortune -- "Beyond its well-documented troubles in China, it is also struggling in Europe. The young tech company has committed a classic globalization mistake: it naively assumed that its business model and market approach, which ultimately solidified its market-leading position in the U.S., could translate just as seamlessly to other countries."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Roy Smith, professor of finance at New York University’s Stern School of Business, raises another concern about the data used by the researchers. Performance data for hedge funds is reported on a voluntary basis, 'with some firms not reporting, or reporting incorrectly,' he says, meaning it may not accurately reflect the industry, casting some doubt on the study’s conclusions."
  • El Pais
    Excerpt from El Pais -- "'Regional trade has always been a priority for every country in the world ... But in Latin America it is relevant to note that, while investment has been rising, trade has stagnated,' says Pankaj Ghemawat, economist and professor ..."
  • washington post logo feature
    Excerpt from The Washington Post -- "Arun Sundararajan, a business professor at New York University, said the ride-sharing option could empower paratransit users, because it would give them more travel freedom. Governments can set requirements related to driver screening and accessible vehicles, he said, much like Metro is proposing. Some transit officials predict that if they provide the customers and show a growing demand, the companies will move toward building accessible fleets."
  • telegraph logo feature
    Excerpt from The Telegraph -- "Part-memoir, part-policy missive, King’s chunky 430-page volume isn’t just an elegant guide to the history of economic ideas. It also gives a genuine insider’s account of how, following relative prosperity before Western banks began imploding in 2007, 'within little more than a year, what had been viewed as the age of wisdom was seen as the age of foolishness'."
  • time magazine logo feature
    Excerpt from TIME -- "It was just a couple of years ago that 'Africa Rising' was a hot story, as a continent best known for tragedy gained attention for rapid economic growth and real hope. The slowdown of the global economy and slumping commodity prices have dampened that enthusiasm a bit, but there are still positive longer-term trends across Africa that deserve attention."


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;

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