Harold Bierman, Jr., an expert on taxation and Professor of Management at Cornell University’s Johnson Graduate School of Management, comments on the inefficiency of federal income tax law and the need to completely revise it.
Escalating fiscal challenges facing cities make municipal financial information increasingly important to taxpayers and investors, yet only 22 of the 75 largest American cities post any information beyond annual financial reports, according to a survey conducted by a professor at the University of Illinois at Chicago.
Companies looking to engineer an eco-friendly diesel fuel have more red lights in their path. According to Kansas State University researchers, making petroleum diesel completely green would not only bend the laws of physics, it would cost too much green.
The meltdown of private pension plans, 401(k)s and Individual Retirement Accounts during the recession demonstrates that Social Security is more essential than ever, says Merton C. Bernstein, LLB, the Walter D. Coles Professor Emeritus at Washington University in St. Louis School of Law. Bernstein discussed the crucial role of Social Security in a report for the university’s Weidenbaum Center on the Economy, Government, and Public Policy. According to Bernstein, Social Security is on course to provide full benefits to its expected beneficiaries through 2036 due to its multi-trillion dollar trust fund.
Research by McGill Sociology Professor Eran Shor, working in collaboration with researchers from Stony Brook University, has revealed that unemployment increases the risk of premature mortality by 63 per cent. Shor reached these conclusions by surveying existing research covering 20 million people in 15 (mainly western) countries, over the last 40 years.
Kunz and his coauthors review the role of bats in providing ecosystem services, focusing primarily on those that regulate and provide services needed to sustain humankind, with a brief overview of supporting and cultural services. One of the grand challenges that society faces is how best to identify, protect and conserve services that are critical for human and ecosystem health.
How do we determine what impact financial innovations and financial policy changes will have on the economies of developing countries? A new book by economist Robert M. Townsend explains for the first time how economists and policymakers can merge rigorous economic models with extensive data to answer important questions like these.
The mortgage interest deduction, or MID, is the second largest tax break in the federal tax code. A study into how effectively it promotes homeownership found that in denser urban areas the MID reduces ownership by inflating housing prices.
As figures from the 2010 census are released, political scientist Todd Shields of the University of Arkansas is available to discuss findings from the 2010 Blair-Rockefeller Poll that offer insight into changing U.S. demographics. The poll revealed uneven economic hardships across race and region and shifting support for the Democratic Party among American elderly.
Darden School of Business Professor Gal Raz shows that when small suppliers keep their cost information private, they actually give power to bigger suppliers competing with them for the same contract.
Arthur Wheaton, an automotive expert and senior extension associate at Cornell University’s School of Industrial and Labor Relations, comments on the impact of the Japanese earthquake on Honda, Toyota and other automakers.
When the Glass-Steagall Act of 1933 was repealed 11 years ago, financial institutions were allowed to engage in commercial and investment activities under the same roof. But a new study finds it’s difficult to maintain an information firewall between those activities when they are housed in the same financial institution.
A new report by the University of Utah’s Bureau of Economic and Business Research (BEBR) concludes that the economic impacts of startup companies at the university are “significant and impressive.”
The federal financial bailouts of the last few years received tremendous publicity, but multiple sources of “hidden bailouts” eluded notice, says Cheryl D. Block, JD, law professor at Washington University in St. Louis. Some hidden sources of federal financial rescue include new, expanded tax credits, the more liberal IRS interpretation of regulations, and “off-off budget” bailouts by quasi-governmental agencies such as the Federal Reserve Bank, according to research by Block.
As figures from the 2010 census are released, political scientist Pearl Ford Dowe of the University of Arkansas is available to discuss opinions of African-Americans on politics and social issues, both in the South and nationally. She draws on findings from the 2010 Blair-Rockefeller Poll.
Markets and economy drive engineering jobs.
Christine Shea, associate dean for graduate programs and research, and professor of technology and operations management at the UNH Whittemore School of Business and Economics, is available to discuss supply chain and operations management issues that may develop as a result of the crisis in Japan.
A gallon of gas is already getting pricy, but one UAB professor says the problems in Japan could lead to a domino effect on gas prices.
Monday, April 18, is the deadline for Americans to file their federal and state income tax returns and American University faculty experts are available to comment on a variety of tax-related issues, including federal income taxes, corporate and partnership taxes, and tax accounting and procedures.
How much would the public be willing to pay for a government-sponsored identity theft prevention program? The answer: about $87 per year. That’s the finding from a four-state survey conducted by Florida State University criminologists, who report that two-thirds of their respondents expressed a willingness to pay for a hypothetical program promising to reduce identity theft by 75 percent.
A new policy research brief released today by the Geiger Gibson/RCHN Community Health Foundation Research Collaborative at The George Washington University School of Public Health and Health Services evaluates the consequences of the proposed reductions in federal health center funding for access and cost savings.
Robert Frank, professor of economics at Cornell University’s Johnson Graduate School of Management and Robert Hockett, professor of Law at Cornell University, comment on the pressing need for the U.S. to invest in its infrastructure.
Two Darden School of Business researchers discuss how emerging economies can grow their housing markets.
As retail environments become more competitive, manufacturers experience greater pressure to strike a balance between satisfying customers and minimizing costs. These suppliers struggle to accurately predict or forecast demand for goods. A new study by a University of Arkansas logistics researcher confirms that relying on retail point-of-sale data can increase the accuracy of predictions and reduce forecasting error. But contrary to recent findings, the new study also revealed that in specific situations point-of-sale data might not be as accurate as simple order data from client stores.
Public support of labor unions has reached its lowest level in a quarter century. According to a February 2011 Pew Research Poll Center poll, only 45 percent of respondents expressed positive views of unions. In his studies of major speeches of the American labor movement, Casey Kelly, Ph.D., a communication instructor for Butler University, has found some key historic messages that unions might use to regain support.
In its 27th survey of American spending priorities since 1973 conducted as part of its General Social Survey (GSS), NORC at the University of Chicago Wednesday released a report on its most recent findings. By a notable margin, education is the top priority.
By applying the Stock/Watson methodology, Bryant U. professor develops a Current Economic Indicator and a Leading Indicator for Rhode Island.
Have you ever been upset with your boss? Perhaps he or she overlooked an accomplishment or didn’t give you a raise that you thought you deserved. According to a study by labor relations expert David I. Levine, retaliating against one’s boss is more acceptable to employees if the retaliation is an act of omission or inaction, rather than active efforts to harm an unfair boss.
The Current Economic Indicator, a new way to evaluate the health of Rhode Island’s economy, will be discussed on Tuesday, March 8, at Bryant University’s economic forum on the state’s business climate.
Former IRS Agent Dennis Raible, M.B.A., C.P.A., an accounting professor at Saint Joseph's University in Philadelphia, has recommendations for 2011 tax season. Above all, Raible advises to file on-time. “The penalty for failure-to-file is a real killer," he says.
Because of antitrust exemptions, an Ithaca College professor thinks the NFL’s current labor woes may have more in common with the union disputes in Wisconsin than you might think.
Wisconsin Gov. Scott Walker’s move to strip or significantly narrow his state’s public-sector workers’ collective bargaining rights has significant implications for all unionized workers, both in the public and private sector, says Marion Crain, JD, the Wiley B. Rutledge Professor of Law and director of the Center for the Interdisciplinary Study of Work & Social Capital.
With many Americans concerned about rising gas prices, state budgets and inflation — and with battle lines drawn in several states between governments and unions — the U.S. can expect more social media “wars’ in the near future.
The projected sharp, across-the-board price increases over the next five to eight months mean fewer consumers for many brick-and-mortar and online retailers. With limited monies up for grabs, an electronic marketing professor predicts likely changes that consumers will see both in-store and online.
Lucrative incentives for executives at the nation’s top banks encouraged them to take excessive risks prior to the financial meltdown that the country still is digging itself out of three years later, according to a new study from the University of New Hampshire.
Steven Kyle, a professor at Cornell University’s Dyson School of Applied Economics and Management, comments on the impact of the current oil price spike on global economic recovery.
In “Beyond Mechanical Markets,” Michael Goldberg, the Roland H. O'Neal Professor at the University of New Hampshire, offers a fresh, nontechnical appraisal of the reasons why economists’ ideas are so often flawed and how contemporary macroeconomic and finance theory made the recent financial crisis more likely, if not inevitable.
Federal government initiatives are the driving force behind current healthcare information technology (IT) spending, suggest results of the 22nd Annual HIMSS Leadership Survey, sponsored by Citrix Systems.
Economics Professor Hyman Minsky’s 1982 research identified the factors that led to the financial meltdown but was overlooked until recently.
The American Society of Nephrology (ASN) strongly opposes the proposed $1.6 billion reduction to the NIH budget included in the continuing resolution (fiscal year 2011) being debated in the House of Representatives. The nation’s longstanding commitment to better health has established the United States as a world leader in medical research and innovation. This leading position will be endangered should the 5.2 percent decrease in the NIH budget be implemented.
Today over 100 members of the Innovation Coalition will join policymakers and advocates at the Reserve Officers Association to focus on policy initiatives and legislation that will spur job creation and economic recovery. The kick-off briefing features speakers from across the public and private sectors, including John Fernandez, Assistant Secretary of Commerce for Economic Development, Senator Mark Pryor (D-AR), and Brian Darmody, University of Maryland Associate Vice President for Research & Economic Development.
Harry M. Kaiser, Professor of Applied Economics at Cornell University, comments on the impact of global food price increases on U.S. retail food prices.
"Master the Card" calls amassing credit card debt a behavioral problem that requires a motivational approach.
Robert C. Hockett, an expert on international finance and professor of law at Cornell University, comments on this week’s meeting of G20 finance ministers and the importance of reforming the international monetary system.
The University of Chicago has received a $50,000 grant to help fund a green roof atop the new Chicago Theological Seminary building, now under construction at 1407 E. 60th St.
One factor, little-known by borrowers, can play a large role in whether banks are willing to renegotiate mortgages with homeowners who are struggling to meet payments.
Josh Braun, Cornell University doctoral candidate in communication, comments on the sale of the Huffington Post to AOL. He researches how new-media newsrooms work.
Steven Kyle, professor of Applied Economics and Management at Cornell University, comments on recent reports that consumer borrowing has increased for the third consecutive month.
Innovation leaders will educate the 112th Congress about innovation at the 2011 Innovation Coalition Fly-In Meeting, February 16, 2011. Lawmakers and their staffs will be briefed about the innovation process and why innovation is so important in creating a thriving economy.
A new study from a University of Iowa accounting researcher finds that the earlier a firm announces bad earnings news, the less likely it is to be sued by unhappy shareholders.
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