Center for Effective Public Management

The Initiative on 21st Century Capitalism

REUTERS/Yuya Shino-A woman using her mobile phone walks past an electronic board showing graphs of the recent exchange rate movements between the Japanese yen and foreign currencies including the U.S. dollar outside a brokerage in Tokyo January 24, 2014. Investors sought safety in gold, the yen and highly-rated government bonds, sending the 10-year U.S. Treasury yield to a seven-week low.

Paper

How Millennials Could Upend Wall Street and Corporate America

May 28, 2014, Morley Winograd and Michael Hais

Morley Winograd and Michael Hais outline the cultural force of the Millennial generation on the economy as Millennials increasingly dominate the nation’s workplaces and permeate its corporate culture. Winograd and Hais argue that the current culture on Wall Street is becoming increasingly isolated from the beliefs and values of America’s largest adult generation. The authors also include data on Millennials’ ideal employers, their financial behaviors, and their levels of institutional trust in order to provide further insight into this important demographic.

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