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    Excerpt from -- "And although June 2009 technically marked the Great Recession's end, only some believed at the time that the 2007-09 global financial crisis was actually coming to a close. Part of the reason for that was that generally speaking, there's a sharp economic rebound following a recession. 'The rebound is missing' from the Great Recession, said Stern School Professor Veldkamp. But given that the U.S. economy has been expanding at a slow and steady pace, she believes there's a good chance the current expansion will become the longest one on record."

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  • new york times logo feature
    Excerpt from The New York Times -- "People are attracted by goodness and repelled by selfishness. N.Y.U. social psychologist Jonathan Haidt has studied the surges of elevation we feel when we see somebody performing a selfless action. Haidt describes the time a guy spontaneously leapt out of a car to help an old lady shovel snow from her driveway. One of his friends, who witnessed this small act, later wrote: 'I felt like jumping out of the car and hugging this guy. I felt like singing and running, or skipping and laughing. Just being active. I felt like saying nice things about people. Writing a beautiful poem or love song. Playing in the snow like a child. Telling everybody about his deed.'"
  • Maeil Business Newspaper logo 192 x 144
    Excerpt from Maeil Business Newspaper -- "You should always be aware of each employee's capabilities and deficiencies. You have to invest in things that can be done more easily (older workers) than on a larger computer screen or factory floor."
  • barrons logo feature
    Excerpt from Barron's -- "'Amazon has effectively conspired, with voice and technology and about a half-billion consumers, to destroy brands,' said Scott Galloway, a New York University marketing professor in an April talk that still is discussed on Wall Street. Amazon’s view, he argues, is that brands have an 'unearned' price premium that doesn’t match their benefits to consumers."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "I think the road to prosperity in the United States has gotten a lot steeper, and the road to prosperity in developing countries also got a lot steeper. And it's not surprising. Just two days ago, the Secretary General from the UN, Antonio Guterres, came to Stern to give a speech about climate change, and I think he chose the business school at NYU for a reason. This agreement is about business, and jobs are a critical part of this."
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    Excerpt from EPFL Magazine -- "The ARCH model is sort of a fundamental tool, the most commonly used tool for short-run risk measure by financial institutions, hedge funds, pension funds, banks — all sorts of institutions use this measure and I think it helps provide some measure of security and discipline to managing risk. But more broadly, ARCH is a tool that helps finance people do better statistics."
  • entrepreneur logo feature
    Excerpt from Entrepreneur -- "'Uber is good at a lot of things -- technology, global scaling -- but its weakness for years has been its relationship with its drivers,' says Arun Sundararajan, a professor at New York University and an expert on the sharing economy. 'That left open an opportunity for an entrant to differentiate themselves on that weakness.'"
  • washington post logo feature
    Excerpt from The Washington Post -- "'Many of these affluent-area projects would have been built and jobs created without the infusion of EB-5 capital,' said Gary Friedland, a scholar in residence at New York University’s Stern School of Business. 'Consequently, deserving projects can’t be built and the resulting jobs are lost because the projects are deprived of the essential capital to proceed.'"
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    Excerpt from BuzzFeed -- "'Each ride-sharing market is sort of independently contestable city by city,' said Arun Sundararajan, a professor at New York University and author of the book The Sharing Economy."
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    Excerpt from Bloomberg -- "A 2016 study by Ethan Mollick of the University of Pennsylvania’s Wharton School and Jason Greenberg of New York University’s Stern School on crowdfunding campaigns showed that potential male funders didn’t care whether a project was created by a man or women. Two-thirds of women thought a project was better when told it was created by a man than the project created by a woman, even when it was exactly the same project."
  • international business times logo feature
    Excerpt from the International Business Times -- "Some, however, like Lawrence White, an economics professor at New York University’s Stern School of Business, aren’t too worried about the burden of a nationwide stimulus being thrown on the shoulders of local debt issuers, as much of the funding should come from the federal government or public-private partnerships if the projects are federally-mandated. 'There will be some kind of presence there. The feds are going to be involved,' White said. Still, he added, citing the general uncertainty associated with the Trump administration, 'Who knows?'"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Mervyn King, former governor of the Bank of England, went further, arguing, 'President Trump is right when he identifies a problem with current international trading and monetary relationships.'"
  • nasdaq logo feature
    Excerpt from NASDAQ -- "From 2007 to 2016, Standard & Poor's 500-stock index delivered an average annual total return of 8.7%, according to Aswath Damodaran of New York University's Stern School of Business."
  • WashingTECH podcast logo 192 x 144
    Excerpt from WashingTECH -- "In my book, I talk about the important distinction that policymakers should provide between government use of our data and corporate use of our data. So what I mean by that is, if Amazon or Google or Apple, any other company, is trying to send me an offer or a message and that's not relevant or that's not well targeted, it may end up being annoying. But it's not going to completely change my life. Whereas, we've also seen issues about government use of our data that goes to the extent of extreme surveillance. So I would like the average consumer to be embracing the distinction between government use of data and corporate use of data, and I think policymakers should also embrace that distinction."
  • business insider logo feature
    Excerpt from Business Insider -- "Alter said in his talk that screens 'rob us of stopping cues,' which are signals that remind us to move on. The distraction and entertainment is constant, unlike a newspaper which finishes when you reach the end. Instead, there is no obvious time to stop — so we don't."
  • wired logo feature
    Excerpt from WIRED -- "'But do you really expect to keep seeing returns of 200 to 300 percent?' says David Yermack, a New York University professor of finance. 'You'd have to have all the wealth in the world in bitcoin to keep that up.' In other words, past performance is not indicative of future results."
  • forbes logo feature
    Excerpt from Forbes -- "The recognition that the few hundred people in the room had barely started their journey was reflected in remarks by NYU Stern Business School professor Luke Williams. 'It takes a long time for people’s thinking to catch up to the technology,' he said. 'One of the reasons we’re here today is to allow our thinking to keep track with the mechanism of technology. Thinking changes much slower because we’re dealing with really well-established concepts like money.'"
  • Commodity Trade Mantra Logo 192 x 144
    Excerpt from Commodity Trade Mantra -- "I also spoke to Professor Rosa Abrantes-Metz at the New York University Stern School of Business. She is the leading expert on globe price manipulation. She actually testifies in gold price manipulation cases that are going on. She wrote a report reaching the same conclusions. It’s not just an opinion, it’s not just a deep, dark conspiracy theory. Here’s a PhD statistician and a prominent market expert lawyer, expert witness in litigation qualified by the courts, who independently reached the same conclusion."
  • xinhua logo feature
    Excerpt from Xinhua -- "Robert Engle, from the New York University's Stern School of Business and the Nobel prize winner in 2003, has been awarded almost 324,000 U.S. dollars for the period of three years. Engle will try to measure the connection between climate changes and risk and return in the management of oil fund money."
  • washington post logo feature
    Excerpt from The Washington Post -- "Lisa Leslie, a professor at New York University, looked at the highest-paid executives in S&P 1500 companies and found what might be called a 'diversity premium,' in which women at the top earn more than men in these top-paid positions at big companies. The reason, Leslie told the Harvard Business Review, is that companies that have adopted organizational diversity goals — something common at the largest companies — are more likely to pay extra for high-potential women."
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    Excerpt from -- "As Stijn Van Nieuwerburgh shows in his April 2017 paper 'Why Are REITs Currently So Expensive?,' REIT valuations have changed over time. He showed that for the period 1972 through 2004, the price-dividend ratio (the inverse of the dividend yield, or D/P) on publicly owned REITs ranged between about 12 and 18."
  • fox news
    Excerpt from Fox News -- "Every time you check an email, it could be something fantastic or it could be something mundane or maybe you don't have one at all. The same is true of every social media experience you have. You send something out into the world, sometimes you get great feedback, sometimes you don't. And that question mark is something that humans find really compelling."
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    Excerpt from Bloomberg View -- "Xavier Gabaix of New York University, for example, has been experimenting with one that seeks to account for human limitations in foreseeing the future and adjusting their behavior. One important insight: Because people don’t actually smooth their consumption perfectly over the life cycle, fiscal stimulus or 'helicopter drops of money' really can get them to spend more and help pull an economy out of recession."
  • A Sweet Life logo 192 x 144
    Excerpt from A Sweet Life -- "Her 2016 paper in the Journal of Alzheimer’s Disease estimated that 40% of all Alzheimer’s cases were connected to hyperinsulinemia, or excess levels of insulin relative to glucose in the blood. That would include not just people with diabetes but the 86 million Americans estimated by the CDC to have prediabetes. 'If we can raise awareness and get more people tested for hyperinsulinemia … it could significantly lessen the incidence of Alzheimer’s disease and vascular dementia, as well as other diabetes-related health problems,' Schilling said in a press release."
  • bloomberg logo feat
    Excerpt from Bloomberg BNA -- "'It would make sense for the company to put out as much information as it can to quell concerns about regulatory pushback,' Sundararajan told Bloomberg BNA. 'They’ve expanded globally, they’re far and away the market leader in their category, so the single biggest source of uncertainty about Airbnb’s revenue stream is regulator risk.'"


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;

Follow us on Twitter @NYUStern

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