Experience News & Events

Excerpt from Reuters -- "The Fed’s policy statements 'tend to be complex, jargon-laden, press releases that a casual reader cannot easily absorb,' Brandeis University professor Stephen Cecchetti and New York University professor Kermit Schoenholtz wrote in calling for the Fed to overhaul many of its core documents."

Excerpt from MarketWatch -- "The Nobel Prize-winning economist whose work confirms Bollinger’s core insight is Robert Engle of New York University. He was awarded the prize in 2003 (along with the late Clive Granger) for developing a statistical understanding of why and how a security’s volatility changes over time."

Excerpt from CNN -- "'This is an old story of when you see industry disruption,' said Ginsberg. 'If you don't develop those capabilities or go into those markets, you might be extinct pretty soon.'"

Excerpt from OZY -- "Lev says Apple has good reasons to buck the trend: Quarterly guidance is still the norm in the tech industry. 'If most of your competitors are guiding, if you won’t guide it’s a very bad sign,' he says. 'It’s a sign either you are not confident as a manager or you are hiding information.'"

Excerpt from Money Inc. -- "James B. Rosenwald III received his Bachelor of Arts in Economics from Vassar College in 1980, before obtaining his M.B.A from the Graduate School of Business at New York University in 1984. ... In addition to his business activities, Rosenwald has served as an adjunct professor of Global Value: Investing Theory and Practice at the Stern School of Business at New York University since 2012."

Excerpt from The Wall Street Journal -- "'Google has become much more prominent than it was 10 years ago. The usual behavioral remedies—stop this behavior—are not going to restore competition,' said Nicholas Economides, an economics professor at New York University Stern School of Business. 'In my view that’s a failure of the regulatory system which acted very slowly in Europe and did not act in the U.S.'"

Excerpt from Car and Driver -- "'It's easy to believe that we spend time doing what we're passionate about, but my sense is that we become passionate about the things that we happen to spend time doing (the reverse of the standard causal path). For whatever reason, you were exposed to cars where Mark Zuckerberg was exposed to computers."

Excerpt from The New York Times -- "And so it is with ride-share drivers today. Another study, by a New York University professor and two Uber employees, found the same dynamic: Higher prices increased driver incomes, but only for a few weeks."

Excerpt from CNBC -- "'The market is pricing in an extended trade war, which means if you’re buying these stocks, you’re not buying them for the near term, you’re buying them for the long term,' he said. 'Now, [it depends on] how much of a strong stomach you have, but that’s what I’d look at.'"

Excerpt from Sierra Magazine -- "In his book The Sharing Economy, New York University business professor Arun Sundararajan writes, 'Today’s digital technologies seem to be taking us back to familiar behaviors, self-employment, and forms of community-based exchange.'"

Excerpt from MarketWatch -- "'If you’re dealing with companies that you know have serious human-rights problems, you have an affirmative obligation to confront those problems, and evaluate what the companies do. And if the company simply says its too hard or it’s too expensive, you ought to make a decision to divest it, or put them on notice,' said Posner, conceding that efforts to assess and measure human rights remained in their infancy."

Excerpt from the New York Daily News -- "It’s yet another example of incumbents limiting voters’ choices and Washington dictating preferences to New Yorkers. Incumbents already win 98% of the time — they don’t need more help from Washington. And silencing dissent and attacking activists isn’t a recipe for growing an effective party."

Excerpt from Financial Times -- "Mr White added that Morningstar’s brand recognition in mutual funds has so far failed to carry over into credit ratings. 'The Morningstar imprimatur turned out not to be that important. What is important is the record of Moody’s, S&P and Fitch,' he said."

Excerpt from Techopedia -- "'Private individuals respond to incentives for keeping the data honest. My worry is governments who have other non-economic objectives immune to financial incentives,' David Yermack, Professor of Finance at the Stern Business School in New York University, surmised."

Excerpt from Consumer Reports -- "'Once people have spent time searching a price, they are less likely to start over when they see the fees,' says Vicki Morwitz, a professor of marketing at the New York University Stern School of Business. 'They often mistakenly assume competitors will have the same fees,' she says."

Excerpt from Business Insider -- "'I think investors are finally getting fed up,' he said on a Recode podcast with Kara Swisher published on Friday. 'My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there's real value there.'"

Excerpt from La Tercera -- (translated from Spanish using Google Translate) "Although he does not have great expectations regarding what is going to be agreed upon, Robert Engle, winner of the Nobel Prize in Economics, anticipates a speedy resolution to the trade war, thanks to an agreement that will benefit both the government of the United States and China."

Excerpt from Business Insider -- "Helio Fred Garcia, a crisis management professor at New York University and Columbia University and president of crisis management firm Logos Consulting Group, told Business Insider: 'Trust didn't fall because two of its plane crashes. Trust fell because they were seen to be indifferent.' ... Professor Irv Schenkler, who teaches crisis communication at NYU's Stern School of Business, told Business Insider that Boeing took an 'operational problem" and made it "a reputational crisis — driven by poor messaging at the start of the events, creating concern and fear.'"

Excerpt from CGTN -- "The fact that Uber’s IPO was not the success story that it should have been isn’t really about the fundamentals of the company today, said Arun Sundararajan, Professor of Business at New York University. 'It’s more about the fact that their valuation got too high too fast in the past and that severely constrained their ability to set a fair price for their IPO when they went public.'"

Excerpt from GARP Risk Intelligence -- "Said Berner: 'An easier way to achieve change [in data practices] is to have pilot projects and the idea of innovation sandboxes, endorsed and assisted by regulators. It is something that we should do more of in the U.S.'"

Excerpt from Mic -- "A recent study from New York University's Stern School of Business found that peer-to-peer apps like Uber and Lyft are designed to induce customer guilt, and thus promote rating inflation. The act of sitting in a car with your service provider, the study found, humanizes them in a way that, say, placing an online order with an anonymous Amazon merchant does not, and as a result, riders tend to give higher ratings."

Excerpt from SmartBrief -- "With a nod to Angela Duckworth, we support the notion of “grit” as the secret ingredient in creating innovative new brands. Gritty people who come up with gritty ideas and can assemble gritty teams with the passion and perseverance to execute every detail brilliantly. Predicting innovation success will always be challenging. That is why the rewards for winners are so high."

Excerpt from American Banker -- "'For economists, one of the things we like about crypto is that it pushes you back to first principles,' said David Yermack, chairman of the finance department at New York University's Stern School of Business. 'It makes you reconsider if we need banks to have banking.'"

Excerpt from Quartz -- "The traits of successful entrepreneurs haven’t changed much in the digital age: You need more builders than branders, and it’s key to have a technologist as part of, or near, the founding team."

Excerpt from the Australian Financial Review -- "'Once you go down this road it’s clear it’s hard to pull back,' says Lawrence J. White, professor of economics at New York University Stern School of Business, and a specialist in financial regulation and bank behaviour."