Experience News & Events

Excerpt from Welt -- (translated from German using Google Translate) "In a recently published study, they correct the data series for three possible confounding factors - and come to twelve countries, including the US, France and Germany to a clear conclusion: 'We find no general decline in the wage share in our sample of highly developed economies.'"

Excerpt from Knowledge@Wharton -- "Up til now, it's been easier to fuzz it up and—with tariffs on steel and aluminum, you know, economists, other trade-oriented people, understand that's going to basically work it through to... final prices. But now we've got the tariffs on the final goods themselves. Mr. Trump is trying to play both sides of the street by saying he still doesn't think that... he still believes that China is paying, but just in case, and so he's playing both sides of the street."

Excerpt from Knowledge@Wharton -- "The key here is the desirability of the location, which is true -- it's still very much alive and it creates a lot of competition amongst retailers to get to these highly desirable spots that, in turn, drive the rent high up. But the issue here is the marketing strategy that a lot of these retailers are applying... The gap is between having foot traffic and having activations that actually convert the desirability to purchases. I think this is where a lot of these retailers miss out and this is why we see such a high turnover even on Madison Avenue."

Excerpt from Marketplace -- "'The idea of focusing on your strengths and outsourcing the rest is not new,” he said. What is new: the advent of technology platforms that seamlessly connect companies with contract workers — the 'Uberizing' of everything. Sundararajan said that allows businesses to be increasingly picky about which jobs they want to be in house and which they’ll contract out."

Excerpt from Adweek -- "And it’s SMBs like these sellers that are in a more vulnerable position now. Ironically, that’s in part because of the opportunity they found. Many Amazon shoppers don’t care about brand name products, but are instead looking for items with good reviews at a certain price point, Adamson said. By raising prices, however, those sellers become less competitive on the platform, which could ultimately put them out of business, he added."

Excerpt from China Daily -- "Paul Romer, co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences, said during the Lujiazui Forum that there is still much work that China needs to explore the social value of equity financing. That will make a big difference to China's financial opening-up."

Excerpt from CGTN -- "Dr. Carla Della Gatta from the University of Southern California said she was quite impressed by all the competitors while Professor Robert Lyon from New York University said he believes the Chinese students are going to be future leaders."

Excerpt from CQ Researcher -- "'The United States has a reasonable concern that itself and its allies do not use equipment that spies on them,' says Nicholas Economides, an economics professor at New York University who has worked on 5G issues under a National Science Foundation grant."

Excerpt from Financial Times -- "'Younger people care more about values than ever before,' said Ms Greenwald. '[Tech companies] have all kinds of amenities, free food and gym memberships,' she said. 'But another criteria is: what do they stand for?'"

Excerpt from Bloomberg Quint -- "[Damodaran] touched upon the practice of valuing an asset first and then working backwards to arrive at the necessary calculations, stressing all along that a combination of numbers and narrative make for a perfect combination to find the right valuation."

Excerpt from Inc. -- "'The Wienermobile is just such an iconic thing. Everyone knows about it, even if you've never seen one on the street,' says Carr. But really, he adds: 'It comes down to the uniqueness of the experience that the brand can offer.'"

Excerpt from Marketplace -- "I don’t think it’s wrong to say that we all have some role to play as individual consumers. But there is really an army of people who are doing everything they can with considerable resources, with access to huge amounts of data, to ensure that we spend every spare minute on our phones. It’s not really a fair fight."

Excerpt from CGTN -- "A rate cut is always good news for the financial markets, but I think that the financial markets overreacted today. I expect that the Fed will proceed with one or two cuts in the fall, so it won't be contrary to most of the desires of the financial markets."

Excerpt from Bloomberg Businessweek -- "Next year 'is shaping up to be The Hunger Games for the streaming services,' says Jamyn Edis, an adjunct associate professor at the New York University Stern School of Business."

Excerpt from Retail Dive -- "Retail innovation will result from strategic thinking that is risk taking and laser focused. A private company (think of retail space STORY) or a majority privately held business can create the long-term horizon necessary to tackle the challenge."

Excerpt from The New York Times -- "'It's bad news from the investor's perspective because no price discovery is happening. It's bad news from the company's perspective because if they're trying to do funding investors will be looking for independent research. If they don't find it they'd be reluctant to fund the company,' said Segram."

Excerpt from amNewYork-- "'The composition is changing and changing toward occupations that have shorter hours. That is a big driver of this overall average effect,' White said."

Excerpt from Mother Jones -- "Michael North, assistant professor of management and organizations at New York University, has researched intergenerational tensions for more than a decade. North’s research shows that older people often face pressure to adhere to the idea of succession, which 'prescribes for older generations that they have had their turn at prime influence or prime power and it is for the older generation to step aside and make way for younger generations.'"

Excerpt from Business Insider -- "'Good talent take their ideas and capabilities with them,' Lechner said. 'And their work, loaded on others, is never well-performed.'"

Excerpt from the Harvard Business Review -- "Deep uncertainty merits deep questions, and the answers aren’t necessarily tied to a fixed date in the future. Where do you want to have impact? What it will take to achieve success? How will the organization evolve to meet challenges on the horizon? These are the kinds of deep, foundational questions that are best addressed with long-term planning."

Excerpt from Adweek -- "'In pretty much every sector of the media landscape, from films to plays to music, we are seeing franchises and/or known artists with built-in awarenesses drawing the largest audiences,' said Paul Hardart, clinical professor of marketing at NYU Stern School of Business. 'People are busy, and getting their attention is hard. [Surprise] drops are a potential way to get consumer attention.'"

Excerpt from Reuters -- "'What we need is an improvement in the payments and exchange system and not necessarily a new currency,' Richard Levich, professor of finance and international business at NYU’s Stern School of Business, told Regulatory Intelligence."

Excerpt from Business Insider -- "Since there are more people who could wait tables than who could be doctors, waitressing jobs pay less, White said. Yet use of the term in economics is not meant to qualify low-paying or high-paying jobs as being hard or easy."

Excerpt from PR Week -- "Adam Alter, author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, says our brain responds to receiving social media likes the same way it responds to drugs - and that not knowing how many likes you’ll get makes it highly addictive."

Excerpt from The Wall Street Journal -- "Gary Friedland, a scholar-in-residence at New York University Stern School of Business who has studied the EB-5 program, said he was surprised that an administration with ties to the real-estate industry is changing the program. 'Since Trump took office, we’ve been predicting that the regulations would be buried in regulatory purgatory, never completed,' he said."