Experience Stern | News & Events

Excerpt from a MarketWatch blog -- "According to a fascinating body of research (championed in large part by Xavier Gabaix, a finance professor at New York University) plunges as big as 1987’s Black Monday—while rare—are an inherent part of the investment landscape."

Excerpt from CNBC -- " ... any company in the world that wants to build a plant in the united states will get an immediate investment tax credit against the cost of the plant, so the plant's actually tax free. you can then combine that with state and local governments incentives in one form or another to either reduce taxes further or improve education for workers, things like that."  Additional coverage appeared on MSNBC.

Excerpt from BigThink -- "While countries in North America and Europe suffer through a downturn that has people questioning the very foundations of their economies, something far more positive is happening in South America."

Excerpt from New York Daily News -- "'They bring in people who are unlikely to have gone to the area,' said Priya Raghubir, a professor of marketing at New York University."

Excerpt from Financial Times -- "If there are two things most economists can agree on they are that government policies cannot re-inflate bubbles and that the US economy has to move away from a levered, consumption-focused economy to one focused more on production and exports."  Additional coverage appeared in Financial Times.

Excerpt from Forbes -- “The Watches & Jewelry industry is running out of time online. Although these brands are beginning to invest in social media and mobile, transaction-orientation and digital marketing competence such as search, email, and retargeting lag other industries.”  Additional coverage appeared in Retail Jeweller.

Excerpt from The Economist blog -- " ... Nouriel Roubini (who has inherited the title of Doctor Doom from Henry Kaufman) ... outlined the case why he thinks there is a 60% chance of a developed world recession."

Excerpt from a Financial Times blog -- "[Roubini] said on Monday at a Helsinki seminar that China was heading for a hard landing in 2013 or 2014."  Additional coverage appeared in Forbes and three Bloomberg pieces.

Excerpt from Toronto Star -- "In a 2009 survey of who works for Mechanical Turk, New York University Professor Panos Ipeirotis found that half of the world’s Turkers live in the United States, while 40 per cent live in India."

Excerpt from Financial News -- "Jamie Dimon has been getting a lot of attention lately for his impassioned bashing of Basel III as too tight on capital terms and too loose on risk standards for European banks. Had he been more diplomatic, probably no one would have listened."

Excerpt from Project-Syndicate.org -- "Global economic-management institutions need to address whether the pace of globalization, and its implied structural change, is faster than the capacity of individuals, economies, and societies to adjust can withstand."  Additional coverage appeared in The Daily News Egypt, Delaware Online, Bloomberg, Bloomberg Businessweek, Nation of Change, China Daily, Business Insider and European Voice, among other outlets.

Excerpt from Washington Square News -- "They've handled payments for virtual-space (online) merchants in the past and that's where their presence is ... The pop-up store will help them draw in physical-space merchants and get them aware of PayPal as a payment option."  Additional coverage appeared on UWire.

Excerpt from Reuters -- "Credit unions are an alternative source for the kind of services a bank provides ... I'm hoping they would see the un-banked as part of their mission. That would be the most socially worthwhile thing they could do."  Additional coverage appeared in the Baltimore Sun and Yahoo! Finance.

Excerpt from Targeted News Service -- "Women executives, business owners, and entrepreneurs engaged in a discussion with White House Office of Public Engagement Senior Policy Advisor Bibi Hidalgo, NYU Stern School of Business' Senior Associate Director of the Berkley Center for Entrepreneurship & Innovation Cynthia Franklin, Managing Director of Golden Seeds Peggy Wallace, and Manhattan Chamber of Commerce President Nancy Ploeger on reaching the next level of success."  Additional coverage appeared in Congressional Documents and Publications.

Excerpt from BigThink -- "This paper by Jonathan Haidt, John Sabini, Dena Gromet, John Darley on 'What exactly makes revenge sweet? How anger is satisfied in real life and at the movies,' finds that women report taking a bit less satisfaction than men in avenged personal slights."

Excerpt from Bloomberg Businessweek -- "A Greek default could trigger a global economic shock on the scale of that suffered after Lehman Brother Holdings Inc.’s 2008 failure, said Nouriel Roubini."  Additional coverage appeared in Bloomberg Businesswee, four Bloomberg pieces, Yahoo! News blog, The Economist blog, Bloomberg Markets, New York Post, Boston Globe blog, two CNBC pieces, Barron's blog, The New York Times and Financial Times.

Excerpt from The Wall Street Journal -- "Over time, what we might call the Jobs Economy led to a jobs economy. In the past quarter-century, Apple and innovative companies like it yielded employment for a whole region, Silicon Valley; an improvement in America's standard of living with the creation of personal computing; and productivity gains throughout the economy."  Additional coverage appeared on History News Network and Future of Capitalism.

Excerpt from Crain's New York Business -- “NBC is not going to be feasting this year. The Playboy Club was a disaster for them. They've got to rethink.”

Excerpt from Crain's New York Business -- "The rule is essentially a backdoor-breakup plan for Wall Street, said Roy Smith." Additional coverage appeared in Investment News and Bloomberg.

Excerpt from PR.com -- "In any valuation exercise, the first principles are more important than any model technique used. These views were emphasized by Professor Aswath Damodaran while interacting with a group of second year students at IIM Lucknow."  Additional coverage appeared on SkyNewswire.com and CoolAvenues.

Excerpt from The Economist -- "['Guaranteed to Fail'] offers two useful things ... The first is a comparison of America’s mortgage system with those of other countries. Few have anything like the same level of state support, yet many have comparable levels of home ownership and housing affordability."

Excerpt from El Imparcial -- "The problem is Greece, and from that country spreads to the rest, until uncertainties are resolved will not end the debt crisis (translated from Spanish to English)."

Excerpt from The Economist -- "One or two [splits] had a whiff of desperation, says Aswath Damodaran of the Stern School of Business. It was as if, having ruthlessly cut costs and still not improved their performance, the mother companies had simply run out of other ideas."

Excerpt from The Economist -- "Macroeconomists must piece truths together one disaster at a time. That dismal scientists can tell us anything is in large part due to Thomas Sargent of New York University and Christopher Sims of Princeton University, who were awarded the Nobel prize for economics on October 10th."

Excerpt from Reuters -- "The euro zone debt crisis is still playing out. That remains a dark cloud on the horizon that can present a direct hit to the U.S. economic recovery." Additional coverage appeared in Economic Times.