Nationally recognized UC San Diego macroeconomist Valerie A. Ramey has offered objective analysis on the major issue dividing Democrats and Republicans on how best to get the economy moving again. Her estimates show that a $1 increase in government spending raises GDP by about $1.40.
Professional development experts at the University of Wisconsin-Madison are available to discuss the impact of American Recovery and Reinvestment Act of 2009 (ARRA 2009) on the nation's infrastructure.
Leading business executives from a variety of industries will be panelists during an Economic Summit at The University of Findlay. They will discuss the foundations of the current economic crisis, emerging business opportunities and the impact of the crisis on today's student.
The typical American consumer is accustomed to unwrapping a hamburger from their favorite fast food establishment and finding "the works": lettuce, tomatoes, pickles and a few packets of ketchup on the side. However, according to John Stanton, Ph.D., chair of food marketing at Saint Joseph's University in Philadelphia, the "frills" that come with fast food or restaurant meals could become a thing of the past.
"Research parks are key drivers of regional development," said J. Michael Bowman, Chairman & President, Delaware Technology Park. "Today, research parks spur business startups, retention and expansion with a focus on providing crucial services." In that regard, the Association of University Research Parks (AURP) will host its annual Washington Summit meeting "The Gathered Storm: Navigating the Turbulent Times" on Thursday, February 26, 2009.
Super Bowl ads are a good buy at $3 million for 30 seconds, says marketing professor John Antil. General Motors and FedEx have chosen not to advertise this year, and that could cost them.
In addition to spending $825 billion on an economic stimulus package, President A A finance professor at The University of Alabama in Huntsville said President Obama and the new Congress should consider "importing" taxpayers as a quick, low-cost way to boost the economy.
Those fortunate enough to have held onto their jobs during the economic downturn may experience Post Downsizing Stress Syndrome, a psychological response to a combination of widespread layoffs and high levels of job stress, according to a business professor at the University of New Hampshire.
"Make no mistake, there is a new economy," says sociologist Stephen Sweet, whose book "Changing Contours of Work" examines the structure of the new economy, including the dismantling of protections, and the effect on workers and families. He further calls for a "new deal" to address the lack of protection and upward mobility in the workplace as well as the racial and gender chasms. ReadyCam Satellite uplink on site.
Losing a job usually comes with the double whammy of losing any employer-sponsored health insurance. Timothy McBride, Ph.D., leading health economist and associate dean for public health at WUSTL's George Warren Brown School of Social Work, is available to discuss current coverage options and the future of health insurance for low-income people.
A new report by The George Washington University School of Public Health and Health Services (GW/SPHHS) spells out the potential health consequences of this, and other aspects of the recession. It also reviews proposals that are part of federal efforts to stimulate an economic recovery, and that would help to reduce impoverishment, strengthen access to health care, and protect the health of more Americans.
Tough economic times are causing many people to tighten the belt on personal finances. But trimming fat from the budget doesn't have to lead to an expanding waistline. Experts at Dana-Farber Cancer Institute offer the following free and low-cost strategies to help maintain good health as well as possibly reduce various cancer risks.
A University of Utah study indicates the U.S. bankruptcy system has a silver lining: it works. The study found 80 percent of fundamentally sound firms emerge with most of their assets, compared with 37 percent of firms with bad business models. The study suggests Chapter 11 bankruptcy reorganization may be better for U.S. automakers than a federal bailout.
The Wall Street Journal reports U.S. retailers are already cutting prices on early spring merchandise in order to move inventory out the door. New research from the University of California, Berkeley's Haas School of Business shows that retailers can forecast demand more accurately when manufacturers offer a variety of rebate/return incentives upfront.
A well-respected finance professor makes a case for lowering the existing tax rates on long-term capital gains to stimulate the economy.
The regulation of banks and other financial institutions in the United States is a "crazy quilt" of decentralized federal agencies that need to be reorganized to make future market meltdowns less likely, according to University of Iowa law professor and securities law expert Hillary Sale.
For visual evidence of just how bad the global financial crisis has become, visit the Web site of the University of Iowa Center for International Finance and Development. If you dare. The page has a meticulously detailed timeline of events leading up to the economic collapse, and it highlights news reports of every struggling investment bank, failed mortgage company, missed-earnings warning, lousy housing report, cut dividend, and various other portents of impending financial doom. And that's just up to December 2007, before things really got bad.
Current research shows the worsening economy is causing many people to cut down on their prescription medications, postpone visits with their health-care providers and put off important routine health screenings and vaccinations. These actions may save money in the short run, but is it the best thing to do?
With a new year often comes a new resolution to eat better and make healthier choices. But as the economy continues to struggle, many parents are left wondering how to provide healthy food options while shopping on a budget. Although nutrient-dense foods, such as fruits, vegetables and whole grains, are often more costly than less healthful options, there are ways families can pull the purse strings tighter without compromising on nutrition.
University of Maryland economist Anton Korinek and illustrator Brian Payne teamed up for a down-to-earth, year-end look at the 2008 financial crisis in pictures. Note to editors: This image is available for free use with attribution.
Perhaps the only people who find some delight in the current economic crisis are analysts and ethicists. The financial meltdown has spawned a number of intriguing questions that challenge market paradigms and invite examination of key ethical questions related to business.
The Rosenberg Center Franchise 50 Index weathered the brutal correction under way in the financial markets far better than the S&P 500 in the third quarter of 2008, dipping a mere .4 percent compared with a 9 percent drop in the S&P 500. Buffalo Wild Wings led the Franchise 50 Index with a 62.3 percent increase in market value.
As the year comes to a close, many spend time reflecting on the past 12 months as well as making resolutions about the coming year. As 2008 ends, what new dieting and exercise trends can be expected for 2009? Beth Hubrich, MS, RD, of the Calorie Control Council weighed in on this issue stating, "With the continued rise in obesity, weight gain prevention has become just as important as weight loss. This, coupled with a decline in the economy, has many consumers searching for quality nutrition on a budget."
Should U.S. taxpayers' dollars be used to bailout General Motors, Ford and Chrysler (80.1 percent owned by Cerberus Capital Management, a private equity firm)? My answer is NO. The bankruptcy system (Chapter 11) administered by the courts is designed to preside over financial situations like those being experienced by these auto makers. Let the bankruptcy courts handle the reorganization, not the politicians.
Indiana University Kelley School of Business faculty members are available to comment on Tuesday's reduction of the benchmark federal funds rate to historic low levels.
The incomes of American families with children have become increasingly stratified since 1975, with income inequality increasing two-thirds during a 30-year period, according to findings published in the December issue of the peer-reviewed science journal American Sociological Review.
The impact of a Big-3 bankruptcy and restructuring would be severe, but frequently-quoted job loss figures are misleading and overstated, according to a new projection by the University of Maryland's Inforum economic research unit. In the worse case scenario, peak job dislocation from restructuring would be half of the 3 million commonly cited in the media.
Companies considering downsizing as a strategy for surviving the current economic recession should know one thing about the experience that many companies had with downsizing: It didn't work. Cutting payroll without a plan to improve productivity and efficiency dooms many companies.
As a result of the current economic slow down, many people have lost their jobs -- and their health insurance. Dr. Adam Goldstein of the University of North Carolina at Chapel Hill explains how people in this situation can continue getting the health care they need.
Congress's failure to pass a $14 billion emergency bailout proposal for the U.S. auto industry could mean the end of manufacturing in America, according to Dr. Kenneth Ragsdell, a professor of engineering management at Missouri University of Science and Technology who has worked with U.S. and foreign car companies for 40 years.
For months, individuals and families across the country have been feeling the brunt of the current economic crisis. Some have lost long-held jobs or watched retirement savings quickly dissolve. Many are still struggling to pay mortgages and other bills. Others are on the brink of homelessness.
Terry Baker, associate professor of accounting at Wake Forest, asked graduate students in his class, "Accounting for Derivatives," to examine the 1998 collapse of the hedge fund, Long-Term Capital Management (LTCM). As they prepare to embark on careers in finance and accounting, the students gained valuable insight into the lessons learned, and especially those not learned.
Restore the economy with loans to all taxpayers, proposes T. Nicolaus Tideman, professor of economics at Virginia Tech.
The financial system rescue package necessary; but think twice about politicians running the auto industry. "There are a number of significant misconceptions about the economic crisis," said George Morgan, the SunTrust Professor of Finance in the Pamplin College of Business at Virginia Tech.
With news of a recession, it's no wonder that many Americans are feeling anxious about their financial situation this holiday season. According to Saint Joseph's University Psychologist Phyllis Anastasio, Ph.D., these anxieties are amplified by constant media reminders.
Out of economic necessity, many parents will have to say "˜no' to their child this Christmas. Sally Black, Ph.D., assistant professor in health services at Saint Joseph's University, warns parents to do more than just say "˜no.'
The fallout on the Big Three's proposed bailout will have immediate and lasting implications for Michigan and the nation. The University of Michigan has experts who can lend insights on these issues.
Some 10 million Americas borrow money through payday loans each year, and payday lenders now have more storefronts than McDonald's and Starbucks combined. New research by Vanderbilt Law School Assistant Professor Paige Marta Skiba found payday loan applicants who received the quick cash after their first application were significantly more likely to file for Chapter 13 bankruptcy than those whose initial application was denied.
The Grapes of Wrath is not the only Depression-era work worth taking a second (or a first) look at from our current perspective in what some are calling the New Depression. "If it's true that adversity and hardship can bring out creativity," said Miles Orvell, professor of English and American studies at Temple University, "then the Great Depression was one of the great creative periods of our time."
"The unrelenting, month-by-month loss of American jobs throughout 2008 provides a revealing snapshot of our path into this recession," says University of Maryland economist Peter Morici, who predicted the recession early on "“ late last year when holiday sales proved disappointing. He expects the trend to continue this Friday when November figures come out.
BusinessWeek judges the University of Virginia's McIntire School of Commerce to be in a "virtual dead heat" with University of Pennsylvania's Wharton School as the best undergraduate business school in the country. U.Va.'s separate graduate business school, the Darden School of Business, is also highly ranked. Together they have more than a dozen faculty who are regularly featured in national and international media discussing the financial crisis, from problems with the bailout strategy to global capital flows and America's low savings rate, to lessons from past financial crises.
A joint study outlines a new theory - "trustee theory" - to explain the relationship between elected officials and government bureaucracies. The authors explain how this theory can be applied to explaining the current economic crisis.
As the nation enters a period of economic uncertainty, many of the 50 million Americans living near or below the poverty line are increasingly vulnerable. The help they need to get a job, locate housing, access health care, or provide for their children is less likely to be found in their neighborhoods as service agencies potential financial problems.
Parents who are struggling financially this year will have a tougher time purchasing holiday gifts for their children. University of Alabama at Birmingham (UAB) child psychologist Vivian Friedman, Ph.D., and UAB child development expert Jerry Aldridge, Ed.D., are available this month to provide answers to the following questions.
As the stock market continues its dive, economists and business columnists have spilled a lot of ink assigning responsibility for the ongoing financial calamity. While hindsight might be clear as day, researchers at the U.S. Department of Energy's Argonne National Laboratory are trying to create new economic models that will provide policymakers with more realistic pictures of different types of markets so they can better avert future economic catastrophe.
With the U.S. economy facing its worst financial crisis since the Great Depression more and more people are facing the prospect of homelessness, and among those ranks are a growing number of middle class families. That's putting a strain on organizations like Project Homeless Connect who are trying to help the homeless.
As economic gloom permeates the lives of Americans, older adults face increasing anxiety and depression. George Grossberg, M.D., Saint Louis University psychiatrist, can offer advice to deal with economic worry.
Widespread layoffs that stem corporate financial losses but leave workers out in the cold would deepen the looming recession that sparked them, a University of Illinois labor expert warns.
Auto industry rescue plan or not, Michigan's economy will continue to be stuck in reverse, say University of Michigan economists.
Looking ahead to the Christmas shopping season, retailers are stuck between a rock and a hard place. So says marketing Professor Michael Hartline of The Florida State University, who forecasts weaker than normal holiday sales for most retailers.
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