July 2009

Wiwi Online
A Handshake is Still Stronger Than a ‘Tweet’ - The MBA Tour
July 27, 2009
Mae Jennifer Shores, director of MBA admissions at UCLA Anderson, was quoted in a Wiwi-Online article about the importance of face-to-face interaction during the MBA admissions process.

The Hartford Courant
Housing Slump Prompts Home Buyers To Shop Without Agent; Some Predict Thinning Of Industry Ranks
July 26, 2009
Stuart Gabriel, director of the Ziman Center for Real Estate at UCLA Anderson, was quoted in The Hartford Courant about the decline of real-estate agents. The story originally appeared in the Los Angeles Times on May 25, 2009.

USA Today
Protests grow with Calif. budget struggles
July 24, 2009
Daniel J. B. Mitchell, professor of human resources and organizational behavior at UCLA Anderson, was quoted today in a
USA Today article about California's struggle to raise cash.

Investment Dealer's Digest
California's Fix Won't Last Long
July 24, 2009
Jerry Nickelsburg, senior economist at the UCLA Anderson Forecast, was quoted in an
Investment Dealer's Digest article about California's budget crisis. The text of the article is included below.

The Economist
Rebalancing the world economy: America
July 23, 2009
Jerry Nickelsburg, senior economist at the UCLA Anderson Forecast, was quoted in the first article of a series in
The Economist about how the world's four biggest economies must change to ensure sustainable global growth.

The Daily Transcript
Innovation is key to recovery
July 23, 2009
UCLA Anderson dean Judy Olian was quoted and the San Diego UCLA Anderson Forecast cited in a column by John Patrick Ford in
The Daily Transcript about the state of San Diego's Economy. UCLA Forecast director Edward Leamer was also mentioned.

BNET.com|
The Art of Cutting Pay, Not People
July 22, 2009
David Lewin, professor of human resources and organizational behavior at UCLA Anderson, was quoted in a
BNET.com post about salary cuts during the recession.

The New York Times
Pinch of Reality Threatens the California Dream
July 22, 2009
Daniel J. B. Mitchell, professor of human resources and organizational behavior at UCLA Anderson, was quoted in
The New York Times about California's budget crisis and its impact on public programs.

National Public Radio
Marketplace: Wall Street Poker Faces Hiding Humility?
July 21, 2009
David Shulman, senior economist at the UCLA Anderson Forecast, was a participant in a discussion on NPR's show
"Marketplace" with Jeremy Hobson.

UCLA Today
California – golden dream to golden mean
July 20, 2009
UCLA Anderson professor of human resources and organizational behavior Dan Mitchell's article "California – golden dream to golden mean" about the evolution of California's economy to its present state appeared in the "Voices" section of UCLA Today.

California Real Estate Journal
Job Losses Drive Outlook for Office Sector
July 20, 2009
David Shulman, senior economist at the UCLA Anderson Forecast, was quoted and the UCLA Anderson Forecast was cited in the
California Real Estate Journal in an article about job losses in the office sector.

California Real Estate Journal
InSites
July 20, 2009
Jerry Nickelsburg, senior economist at the UCLA Anderson Forecast, was quoted and the UCLA Anderson Forecast was cited in the
California Real Estate Journal in a news brief about when Los Angeles could expect its real estate market to recover.

The New York Times
Experience May Not Count
July 19, 2009
Mark Garmaise, associate professor of global economics and management at UCLA Anderson, was quoted and his study findings cited in an article in
The New York Times about the crisis in the mortgage industry.

The Modesto Bee
Hill: Valley job news getting no better
July 19, 2009
The UCLA Anderson Forecast was cited in the
Modesto Bee by columnist and business editor David Hill in his column "On The Money".

KCBS-AM 740 (San Francisco)
The Morning Drive
July 17, 2009
Jerry Nickelsburg, senior economist of the UCLA Anderson Forecast, was quoted and the UCLA Anderson Forecast report cited by KCBS-AM 740 (San Francisco) on their program "The Morning Drive".

Reuters
California's budget gap won't close for long
July 17, 2009
The UCLA Anderson Forecast was cited in a
Reuters article about California's budget crisis.

On Point with Tom Ashbrook (NPR)
Infomercial Mania
July 17, 2009
Noah Goldstein, professor of human resources and organizational behavior at UCLA Anderson, was a guest on NPR's
"On Point with Tom Ashbrook" about the booming business of infomercials.

The Repository
Do-it-yourself home shoppers go online
July 16, 2009
Stuart Gabriel, director of the Ziman Center at UCLA Anderson, was quoted in an article in
The Repository about the declining number of real estate agents. The article was originally published in the Los Angeles Times on May 25, 2009.

San Francisco Chronicle
SoCal median home price jumps 6.4 percent
July 15, 2009
Stuart Gabriel, director of the Ziman Center at UCLA Anderson, was quoted in a
San Francisco Chronicle article about increasing Southern California median home prices.

Investors Chronicle
The equity premium puzzle
July 13, 2009
UCLA Anderson professor of accounting Shlomo Benartzi’s co-authored research on “myopic loss aversion” was cited in an Investors Chronicle piece about equity premiums.

Bloomberg
California IOUs Spurned as Schwarzenegger State Shutdowns Begin
July 10, 2009
Jerry Nickelsburg, senior economist at the UCLA Anderson Forecast, was quoted in a Bloomberg article about California IOUs and government shutdowns.

La Voz de Houston
Legado de Schwarzenegger arruinado por crisis económica
July 7, 2009
Daniel Mitchell, professor of human resources and organizational behavior at UCLA Anderson, was quoted in a story in the Spanish-language newspaper
La Voz de Houston about California governor Arnold Schwarzenegger's legacy in office being largely defined by the economic crisis. The original Associated Press article was first published on Saturday, July 4, 2009.

The Oregonian
Graduation rate dismal: Ideas wanted
July 7, 2009
UCLA Anderson professor of human resources and organizational behavior William Ouchi’s research on total student loads per teacher (TSL) was cited in an Oregonian column about the state’s falling high school graduation rates.

Financial Times
Broker-banker marriage hit by breaches of trust
July 5, 2009
The  
Financial Times featured research by Mark Garmaise, associate professor of global economics and management at UCLA Anderson, showing that U.S. mortgage brokers dealt loans of deteriorating quality to banks. Garmaise was quoted.

Associated Press
Schwarzenegger legacy entwined with fiscal crisis
July 4, 2009
Dan Mitchell, professor of human resources and organizational behavior at UCLA Anderson, was quoted in an
Associated Press article about Governor Schwarzenegger’s performance in handling the state budget crisis.

Washington Post
Job Losses Dampen Hopes for Recovery
July 3, 2009
David Shulman, senior economist at the UCLA Anderson Forecast, was quoted in a
Washington Post story about mounting job losses in the United States.

The Wall Street Journal
Economist Sees Exchange Rate As Chile's Main Econ Recovery Concern
July 1, 2009
Sebastian Edwards, professor of global economics and management, was quoted in a
Wall Street Journal article about the importance of raising the peso’s value to Chile’s economic recovery.

The Associated Press
As deficit grows, Calif. prepares to issue IOUs
July 1, 2009
Jerry Nickelsburg, senior economist at the UCLA Anderson Forecast, was quoted in an
Associated Press story about California’s plan to issue IOUs to cover costs.

Bloomberg
California Misses Deadline to Avoid Issuing Need IOUs
July 1, 2009
Jerry Nickelsburg, senior economist at the UCLA Anderson Forecast, was quoted in a
Bloomberg piece about California’s budget woes.

The Washington Post
California: A Dream Decimated
July 1, 2009
The recent UCLA Anderson Forecast was cited in a Washington Post article about California’s budget crisis.

Miami Herald
Herald staff wins Loeb prize
July 1, 2009
The Miami Herald reported the Loeb Award winners.