# Professor Nathan Pettit's joint research on the connection between the purchase of high-status goods and self-esteem is featured

1 Faculty News December 11, 2016 ![Daily Mail logo](/sites/default/files/styles/246w/public/assets/images/con_032858.jpg?itok=m26FE-Qc)>

Excerpt from the [Daily Mail](http://www.dailymail.co.uk/news/article-4023468/Guilt-free-tap-pay-cards-fuel-debt-crisis.html) -- "Research by Dr Sivanathan and his co-author [Nathan Pettit](http://www.stern.nyu.edu/faculty/bio/nathan-pettit), Assistant Professor of Management and Organisations, NYU Stern School of Business, found purchasing luxury goods on credit is especially attractive to those who have low self-esteem."

[Read more](http://www.dailymail.co.uk/news/article-4023468/Guilt-free-tap-pay-cards-fuel-debt-crisis.html)