You couldn't ignore the news if you tried. The economic crisis is all over magazines, newspapers and television news programs. So, it's no wonder people are feeling anxious and stressed out. But this stress may be having more of an impact on women than men.
Increasing the tax on capital gains is not the way to go, says a finance professor at Rowan University, who explains why in detail.
Research by Washington and Lee University economist Arthur H. Goldsmith points to the potential for permanent psychological effects of joblessness.
Jonathan Duchac, Fulbright Distinguished Chair at Vienna University of Business and Economics and Merrill Lynch Professor of Accountancy and director of the Enterprise Risk Management program at Wake Forest University's Calloway School of Business and Accountancy, will address the global financial crisis in a speech at 6 p.m. Oct. 30 at the United States Embassy in Vienna, Austria.
Expert Tom Simpson, Federal Reserve Board veteran and University of North Carolina Wilmington executive in residence explains why global economic recovery will be slow in 2009, the elements that lead to our declining economic situation and the reasons why our current crisis is not as severe as the depression of the 1930s.
In the midst of an economic crisis that's sparked massive layoffs, new research by a U of T professor shows that even optimists get the blues when facing a pink slip.
Retailers like Kmart and TJ Maxx have experienced a sharp increase in customer demand for their layaway programs, according to a report in the Wall Street Journal. Holiday consumers see layaway as a payment alternative at a time when credit card companies are reducing purchase limits and access to loans is tightening amid the country's ongoing financial crisis.
Johns Hopkins economists and other experts who can talk about aspects of the world finance and economic crisis.
In the first study to examine the impact of Federal Home Loan Bank membership and funding on commercial bank risk, a University of Arkansas researcher and colleagues at two Federal Reserve banks found evidence to suggest that member banks have somewhat higher risk profiles than non-member banks.
With the economy in crisis and foreclosures at an all time high, financial anxiety among Americans seems to be soaring to new heights. In a poll distributed by the American Psychological Association (APA) to more than 1,700 U.S. adults, eight out of 10 surveyed said the economy is a significant cause of stress. Menninger clinicians offer seven tips to ease financial anxiety.
In these exciting, hopeful and fearful times the rational quantitative views of one of the nation's leading economic analysts will be expressed when James Hamilton addresses the UC San Diego Social Sciences Supper Club beginning at 5:30 p.m. on Nov. 5 at the Faculty Club on the UCSD Campus. The public is invited to what promises to be a most lively and engaging discussion.
19th Annual Conference on Financial Reporting and Management gathers standard setters, enforcement officials, financial executives, practitioners and academicians to address the critical role and future of financial reporting worldwide.
While the United States economy has yet to hit the official benchmark of a recession, two Iowa State University economists agree that it appears headed there fast, particularly in the wake of the financial crisis. And they warn that businesses and consumers should make plans for tougher economic times ahead.
Sam Webb, Ph.D., a UAB associate professor of history, says the Great Depression caused southern voters in the 1930s to choose more liberal political candidates, and the same could happen again today as a result of the current economic crisis.
For centuries, autumn has been the season for financial disaster. Modern practices of managing our credit system were supposed to have changed all that. But the panic of 2008 and the market crash of 1987 are possible signs that autumn may still be the weakest link in the financial chain.
Political leaders, economic analysts and journalists are comparing the current financial meltdown to the Great Depression. "Worst Crisis Since the '30s, With No End Yet in Sight" was a recent baleful headline from The Wall Street Journal. But while many senior citizens who lived during that time have personal memories of the Depression, for most Americans, the events that occurred between 1929 and the early 40s seem long ago and far away, and they are difficult to imagine as a likely eventuality for the near future.
Members of the Erivan K. Haub School of Business faculty at Saint Joseph's University in Philadelphia are available to speak about the financial crisis: consumer psychology as it relates to personal finance; impact on business education; mechanics of what's happening on Wall Street; ethical mistakes made at every stage of the subprime-mortgage debacle; taxpayer reaction to the "bailout"; and the job market for graduates.
TV and radio use will likely increase during a prolonged recession, predicts University of Maryland media economist Douglas Gomery. He bases his comments of current audience behavior as well as Great Depression era trends.
In the first three days of the country's economic meltdown that began Sept. 29, 81 percent of Americans surveyed in a national poll agreed or strongly agreed that the financial crisis "poses a greater threat to the quality of my life than does the threat of terrorism." And researchers found little trust in the government and even less in business leaders.
Bryant Simon, professor of history and director of American studies at Temple University, says that there are some obvious similarities and differences between today's crisis and the Great Depression. But one key difference, said Simon, is that society in the 1930s was better organized, and social groups -- such as labor and even small business groups -- were better able to push back against Congress.
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