Experience Stern | News & Events

Excerpt from Bloomberg -- "'We’re in the middle of a global slowdown, and this slowdown is particularly more severe in Europe and the euro zone,' Nouriel Roubini, chief executive officer of Roubini Macro Associates Inc., told Francine Lacqua and Tom Keene on Bloomberg Television. 'Europe is on the verge of a recession.'"

Excerpt from The Globe and Mail -- "We need to just say, ‘Look, we’re going to start to put a tax on this.’ And that will mean that the people who were thinking about using carbon-based fuels will ... have an incentive to switch, and others will have an incentive to discover new solutions."

Excerpt from Forbes -- "Accounting professors like Bob Kaplan and Tom Johnson long ago provided more detail on why traditional accounting no longer makes sense, and some like Baruch Lev can tell you about alternative methods that properly take intangible assets into account."

Excerpt from The Cut -- "'The issue is that they tip into negative territory when they inspire obsessions,' he explains. 'A streak that gets you to take 10,000 steps every day is good until you have a stress injury, and push through it because you don’t want to abandon the streak.'"

Excerpt from ETF.com -- “Equity risk premiums can change quickly and by large amounts even in mature equity markets. Consequently, I have forsaken my practice of staying with a fixed equity risk premium for mature markets, and I now vary it year to year, and even on an intra-year basis, if conditions warrant.”

Excerpt from Brookings Institute blog -- "Geng Li of the Federal Reserve Board and Yiwei Dou and Joshua Ronen of New York University find that, following passage of the CARD Act, competition declined significantly in the market for consumer credit cards relative to the market for small business credit cards, which were not subject to the Act."

Excerpt from CNBC -- "Will AI replace us? Will there be anything left to do for humans? ... Yeah, there will be plenty left for humans to do. The question is will that be meaningful and will that have opportunities for growth and will that be where the value is being added, right? So after the machine does its stuff, how much value will humans add?"

Excerpt from Vogue Business -- "In addition to teaching a course on licensing, Topiol has advised his mentee about job interviews and her potential career trajectory. ... employers have shifted from relying on homegrown talent to requiring graduate expertise, says candidate Christian Trautwein. ... Gina Dai, who worked for two years in the consumer beauty finance division of Coty, says that she doesn’t think she would have been able to switch to the marketing role she’s now targeting without going to Stern and benefiting from the expertise of professors."

Excerpt from BusinessBecause -- "If one is exploring prospects for switching careers, the two-year MBA offers you much greater flexibility in terms of exploring different career opportunities, doing an internship -- the internship is a crucial part of the two-year MBA -- and deciding what it is that you'd really like to do. The one-year MBA is more appropriate when you're clear about what area you want to go into and it's more optimized for people who are very specific about their career path."

Excerpt from Gulf News -- "For all the talk about global supply chains, most international supply chains are actually regional — a pattern that is documented in the 2018 edition of the DHL Global Connectedness Index, developed by scholars at the NYU Stern and IESE business schools."

Excerpt from Evening Standard -- "The research discovered that people composing shots to share suffered 'self-presentational concern' about 'how others perceive them', although they could feel pride or joy when the online likes began appearing."

Excerpt from Wirecutter -- "A study by researchers at the NYU Stern School of Business found that coupons for higher-priced items induce people to spend more money than they would otherwise. The study’s authors attribute the effect to 'reference-dependent gain,' where you think you’re getting a deal because you’re saving 5% on the cost of a nice meal, even if you wouldn’t have bought that meal otherwise. You might save $5 on a fancy $100 steak dinner, but you could have just spent $5 on ingredients to cook at home—and not spent that extra $95 at all."

On Wednesday, April 3, the NYU Stern Center for Business and Human Rights will host a discussion entitled, "Online Advertising, Human Rights and the Rule of Law." The conversation will consider the human rights implications of current online advertising practices, and how advertisers, internet platforms and advertising companies can be expected to address these risks.

Excerpt from ReachX Podcast -- "I believe we are still in a benign credit cycle, and we have been, actually, for over eight years—we're into the ninth year—which is the longest in the history of modern financial markets. Low default rates, high recovery rates if there are defaults, low interest rates and required rates of return for investors, and, finally, high liquidity. Those are the four metrics I look at. So, we're in a benign cycle, and we'll probably remain there for at least another year. My concerns are beyond that period, based on the enormous build up in debt, globally and particularly in the US markets."

Excerpt from China Daily -- "Michael Spence, a professor at New York University and a Nobel laureate in economics, said the Chinese economy will 'slow a bit' this year amid the slowing global economy and trade frictions. 'And I think the reforms, which have been announced, are serious reforms, ... helping get rid of at least a component of the trade frictions,' Spence said on March 23 at the University of International Business and Economics in Beijing."

Excerpt from GreenBiz -- "Sustainable Share Index (NYU Stern's Center for Sustainable Business) finds that sustainability-marketed products delivered 50.1 percent of market growth in consumer packaged goods (CPG) from 2013 to 2018, while representing 16.6 percent of the CPG market in dollar sales in 2018 — up from 14.3 percent in 2013."

Excerpt from the Unchained podcast -- "...there’s no shame in saying, hey, you know, we’ve been around as a regulator since the 1930s. A few things have changed since then. We might want to, you know, just ask a few questions about whether the framework’s working the way it should, and if it’s not, let’s change it so that everyone’s better off and everyone has more freedom to make their own decisions and to do things that allow them to participate better in society, to contribute their talents and their resources to society."

Excerpt from Forbes -- "She described the source of her seeming support or at least open attitude to the crypto industry, especially compared to the other SEC commissioners. 'I really identify with some of what’s driving people in this space, which is a desire to look at the world with fresh eyes and say, are there things we can do things better?' she said."

New York University’s Stern School of Business today announced the appointment of alumnus Andre J.L. Koo (MBA '94), Chairman, Chailease Group, as Chair of the School’s Board of Overseers, effective July 1, 2019. Andre Koo is the first internationally-based business leader to serve in this position.

On Tuesday, April 2, NYU Stern's Department of Accounting, Stern Accounting Society, Business Analytics Club and Beta Alpha Psi will welcome Chuck Saia, risk and financial advisory CEO of Deloitte, for a discussion on how to leverage innovation and technology to help clients embrace complexity and accelerate performance.

The NYU Stern Salomon Center for the Study of Financial Institutions and the Bank Policy Institute welcomed Raghuram G. Rajan, distinguished service professor of finance at the University of Chicago Booth School of Business, for the Gallatin Lecture Series on Banking on Tuesday, April 2.

Excerpt from Bloomberg -- "I think you saw on Friday that the markets have entered into—or that Lyft's shareholders entered into—consensual hallucination with management that this company garners anything resembling this valuation."

Excerpt from NPR -- "There's a wonderful body of literature these days led by Jonathan Haidt who teaches at New York University about 'moral foundations.' What he finds is that everybody in society basically shares two moral foundations: We all care about compassion, and we all care about fairness. We don't define those things in the same way, but we care about those things."

Excerpt from Channel News Asia -- "The dramatic increase in use of social media and digital media for conversations helps these small niche products where people are very passionate about whatever that product area is."

Excerpt from The Guardian -- "Deaths in Bangladesh’s garment sector have fallen in the past five years since the accord was introduced from about 71 a year to 17, according to research from New York University’s Stern Centre."