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Study: Banks Hired Risk Officers to Mitigate Risk in Years Before Collapse. It Didn’t Go So Well

New research suggests a significant number of national and international American banks hired new Chief Risk Officers to mitigate risk but may have actually helped lead the industry into widespread insolvency.

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Education

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school supplies, Budgeting, Back To School, Back To School Tips, Online Shopping

Shop Smart When Going Back to School This Fall on a Budget

University of Alabama at Birmingham director of the Regions Institute for Financial Education Stephanie Yates, Ph.D., provides insight into how parents can use budgeting to plan and save on back-to-school items this fall.

Medicine

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Penn Medicine, Behavioral Economics, nudges, Health Care Costs, Gamification, Financial Incentives, Infectious Diseases

When Push Comes to Nudge

The idea that better decisions can be made simply by guiding people to them is the principle behind the Penn Medicine’s Nudge Unit, which officially launched last year. Looking to the year ahead, projects both on-going and up-coming are using some of the most basic principles of behavioral economics – gamification, financial incentives, and default settings – to tackle costly health interventions and some of the leading causes of death and other health risks, including statin and opioid use, cardiovascular disease, diabetes, and readmissions.

Life

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Law and Public Policy

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Consumer Confidence, Hispanics, Economy, Economic Outlook, President Donald Trump, approval ratings, Polls, poll results, BEPI, Business

FAU National Index Shows Hispanics Optimistic About Economy While Showing Growing Disfavor for Trump

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Hispanics in the U.S. are more optimistic about their financial situation as well as the U.S. economy as a whole but their dissatisfaction for U.S. President Donald Trump continues to increase, according to a new national consumer sentiment index conducted by the FAU Business and Economics Polling Initiative.

Life

Social and Behavioral Sciences

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Northwestern University, Socioeconomic Status, Research, Education

Academic Motivation Suffers When Economic Mobility Seems Out of Reach

New studies from Northwestern University show that high school and college students from low socioeconomic status (SES) backgrounds are much less motivated to overcome academic hardships when they have doubts about the likelihood of people from their backgrounds achieving upward mobility.

Life

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medical marijuana dispensaries, merage school, UCI School of Business

Closing Medical Marijuana Dispensaries Increases Crime, According to New Study

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A new study published in the July issue of the Journal of Urban Economics finds that contrary to popular belief, medical marijuana dispensaries (MMDs) reduce crime in their immediate areas.

Business

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world economic forum, Singapore, National University Of Singapore, Honorary Doctorate

NUS Confers Highest Honour on World Economic Forum Founder and Executive Chairman Prof Klaus Schwab and Social Service Champion Gerard Ee

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The National University of Singapore (NUS) today awarded honorary degrees – the University’s highest honour – to Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (the Forum), and Mr Gerard Ee, who is Chairman of Charity Council, Chairman of Eastern Health Alliance and President of the Institute of Singapore Chartered Accountants.

Business

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Economics, Gender Gap, occupational segregation, Red States, blue states, university of nebraska-lincoln, Feminism, labor market

Economists Find Gender Gap Follows Red-Blue Border Lines

An analysis of Census and Bureau of Labor Statistics data shows women in red states are less likely to hold high-paying, high-status jobs than their counterparts in blue states. Researchers say United States political divide extends into the labor market..

Business

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Gig Economy, Lyft, Uber, Upstate New York, Louis Hyman

Upstate New York Ride-Hailing Drives Gig Economy

Life

Education

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Higher Education, Economics

Palmer to Lead Ness Division of Management and Economics

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David Palmer has been named director of the Ness Division of Management and Economics at South Dakota State University. The division serves as a cross-college, interdisciplinary entity comprising faculty from academic programs that share a commitment to education and research in management, economics and data analytics.







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