While many Americans took a big financial hit during the Great Recession, homeowners were less likely than renters to lose very large proportions of their wealth, finds a new study from Michal Grinstein-Weiss, PhD, associate director of the Center for Social Development in the Brown School at Washington University in St. Louis.
A new working paper from the National Bureau of Economic Research, authored by researchers from Baylor University, Texas A&M University and the University of California-Davis, examines the attitudes and preferences of white males toward black males by analyzing what affects the probability of choosing a black roommate at the U.S. Air Force Academy.
Health inequalities in young people have grown alongside socioeconomic disparities between the rich and poor. In a paper published Tuesday in The Lancet, an international team of researchers led by McGill University psychologist Frank Elgar said that rising income inequality in Europe and North America coincides with wider disparities in the mental and physical health of 11- to 15-year-olds.
Commentary provides evidence that the degree of income inequality can lead to a long list of health issues.
Millions of African Americans moved from the South in the early 20th century to seek better job opportunities and higher wages, but a new study on the historic Great Migration shows that with improved economic conditions came a greater risk of mortality.
Cornell College economics and business Professor Todd Knoop has written his fourth textbook, which explores the causes of business cycles and includes information and data gathered during the 2008 global financial crisis and its aftermath.
The life of a Bangladeshi garment factory worker is not an easy one. But new research from the University of Washington indicates that access to such factory jobs can improve the lives of young Bangladeshi women — motivating them to stay in school and lowering their likelihood of early marriage and childbirth.
Growing global trade is critically important for providing food when and where it’s needed — but it makes it harder to link the benefits of food and the environmental burden of its production. A study published this week in the journal BioScience by an interdisciplinary team of researchers at the University of Minnesota’s Institute on the Environment proposes to extend the way we characterize global food trade to include nutritional value and resource consumption alongside more conventional measures of trade’s value.
The current compensation arrangement for big-time college athletics is inefficient, inequitable and very likely unsustainable, according to a new study by economists from the University of Chicago and Vanderbilt University. The article concludes that an evolution to a competitive labor market with fewer restrictions on pay for top athletes may be inevitable, though the transition will be difficult.
The NCAA recently voted to allow schools to begin compensating its student-athletes for their entire cost of attendance, but economists from Vanderbilt University and the University of Chicago say it’s not nearly enough.
University of Florida Institute of Food and Agricultural Sciences’ Extension program, the Florida Department of Agriculture and Consumer Services and the Florida Department of Financial Services, are stepping up with the AgSave$ Program, designed to help farmers and ranchers make the transition from one generation to the next.
To help people make better choices when confronted by a large number of options, researchers have studied two decision-making strategies that break down the options into smaller groups that can be evaluated more effectively.
A study from the University of Iowa finds would-be investors look to other sources of information when confronted with poorly written financial disclosure reports, increasing the likelihood the firm loses control of its message.
Experts can discuss the prediction that Americans may spend $4.8 billion on jewelry this Valentine’s day, and why moissanite, the world’s most brilliant gem®, represents one of the most economically sensible choices for this type of gift.
“Increasingly physicians are being presented with health economic analyses in mainstream medical journals as a means of potentially influencing their prescribing. However, it is only when you understand the multiple assumptions behind these calculations that you can see that they are by no means absolute truths,” says D. Ross Camidge, MD, PhD, investigator at the University of Colorado Cancer Center.
Big-box retailers Costco, Sam’s Club, BJ’s Wholesale and Walmart, along with full-service and fast-food restaurants, are key contributors to the nation’s obesity epidemic, according to research by a health economist in the Andrew Young School of Policy Studies at Georgia State University.
Here’s some good news for the New Year: According to new research by Washington University in St. Louis and Cornell University, there’s a 1 in 9 chance that a typical American will hit the jackpot and join the wealthiest 1 percent for at least one year in her or his working life. And now the bad news: That same research says only an elite few get to stay in that economic stratosphere – and nonwhite workers remain among those who face far longer odds.
The JOBS Act is doing its job and getting more startups to go public, according to a new study from the University at Buffalo School of Management.
Many Americans find it increasingly appealing to learn about wealth strategies in a group of like-minded students. Throughout 2015, workshops conducted across the U.S. and around the globe by Rich Dad Education will present invaluable tips designed to help novice stock traders and real estate investment beginners—as well as those who have made a few investments but are looking for ways to increase their skills.
On January 23, 2015, the National Association of Realtors will release its first report of the year, covering sales for the month of December 2014. The report will likely set the tone for home sales during the new year. Anthony Humpage, CEO at Legacy Education Alliance, Inc., can comment on why MORE is better than BIG—i.e., why, in the realm of real estate, it is far wiser to take advantage of low interest rates on mortgages by investing in rental properties rather than buying or building a bigger home, as many people choose.
In a new study published recently in the Quarterly Journal of Economics, Mogstad and his co-authors at University of California, San Diego, and the University of Bergen in Norway investigated family welfare cultures in the context of Norway’s Disability Insurance System. From 14,722 parent-child observations, they have found strong empirical evidence that reliance on welfare in one generation is likely to cause greater welfare use in the next generation.
About 22 percent of children in the United States live below the federal poverty line and 45 percent come from low-income families, increasing their risk for myriad health problems.
Researchers from the University of Massachusetts Political Economy Research Institute (PERI) have released a working paper verifying the ability of American fast food restaurants to more than double the minimum wage of their lowest paid workers to $15 an hour over a four-year period without causing the widespread employment losses and decline in profits often cited by critics of such increases.
An international team of researchers says climate change, the loss of biosphere integrity, land-system change, and altered biogeochemical cycles like phosphorus and nitrogen runoff have all passed beyond levels that put humanity in a “safe operating space.” Civilization has crossed four of nine so-called planetary boundaries as the result of human activity, according to a report published today in Science by the 18-member research team.
Weather changes may affect how institutional investors decide on stock plays, according to a new study by a team of finance researchers. Their findings suggest sunny skies put professional investors more in a mood to buy, while cloudy conditions tend to discourage stock purchases.
n a monograph recently published by the Institute of Economic Affairs, author Roger Koppl, professor of finance at the Martin J. Whitman School of Management at Syracuse University, dissects the recent Great Recession in the United States and the prolonged economic slump that followed. In “From Crisis to Confidence: Macroeconomics After the Crash,” Koppl asserts that what may appear as market failure was actually the consequence of failed government policies. He makes a case for moving away from government command and control toward freer exchange.
Research from the Chaddick Institute at DePaul University shows intercity bus departures grew 2.1 percent last year. Lead researcher Joseph Schwieterman says, "Once people switch to the bus, they often become frequent users, in part due to the generous allowances bus companies provide to change departure times.”
The Wall Street Journal reports that a recent economic study found that Kentucky’s “dry” counties, where alcohol sales are banned, have more meth lab seizures per capita than do the state’s “wet” counties where liquor is legal.
A little label is causing a big stir among the U.S., Canada and Mexico, but research from Kansas State University finds the majority of consumers don't even know it exists.
Heat pump water heaters are an energy-efficient alternative to conventional electric resistance water heaters. Now research shows heat pump water heaters can also reduce an entire home’s energy use – if they’re connected to the appropriate ducting.
Monthly nine-state Mid-America Business Conditions Index points to growth in the next six months.
Research by Kris Byron, PhD, department chair and associate professor of management at the Martin J. Whitman School of Management at Syracuse University, examines female board representation’s effect on firm financial performance. The paper, titled “Women on Boards and Firm Financial Performance: A Meta-Analysis,” was recently accepted for publication in the Academy of Management Journal. The co-author was Corinne Post (Lehigh University).
A poll of the Russian public, conducted by The Associated Press-NORC Center for Public Affairs Research, was released today. The poll, which includes a nationally representative in-person survey of 2,008 Russian adults taken between November 22 and December 7, 2014, found that President Vladimir Putin is extremely popular. Few say the economy is in good condition and most say that sanctions are hurting the Russian economy.
As the Holidays Brings Renewed Focus on the Nation's Economy, NSU Expert Talks about Economic Climate for the Coming Year
Professor William Messina with the University of Florida's Institute of Food and Agricultural Sciences is an expert on Cuba's economy.
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