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Released: 28-Jun-2012 11:45 AM EDT
Many Cultural Institutions Overbuilt During Building Boom
University of Chicago

Civic leaders, arts organizations, donors and government officials can better plan new or expanded arts facilities by first focusing on the arts organizations’ missions and assessing demand for the projects, according to a new study that looks at a major building boom in the United States from 1994 to 2008.

Released: 26-Jun-2012 2:15 PM EDT
Research Suggests Denser Development Is Good for Single-Family Home Values
University of Washington

A study shows that, contrary to popular belief, there’s a positive association between higher neighborhood density and the value of single-family residential properties.

Released: 21-Jun-2012 3:25 PM EDT
Dean Lloyd Hamm Speaks on Business and Finances in Higher Education as They Relate to Global Economy
Anna Maria College

Dean Lloyd Hamm is available to media representatives to the extent possible to discuss business and finance issues regarding higher education.

Released: 20-Jun-2012 12:00 PM EDT
No Improvement in Job Market for Young College Grads, Some Deterioration, New Report Reveals
Drexel University

Even as the job market has rebounded over the last two years, the employment prospects for young college graduates have continued to deteriorate, according to a new report by Dr. Paul E. Harrington and Dr. Neeta P. Fogg, labor economists in Drexel University’s Center for Labor Market and Policy. Rather, even during this period of net job creation, young college graduates saw their employment rates fall at the same time as their mal-employment rates increased.

Released: 19-Jun-2012 4:55 PM EDT
Mutual Fund Portfolio Risk Increased When Managers Favor Home-State Stocks
Indiana University

Inexperienced mutual-fund managers and those working for funds with limited resources tend to invest too heavily in companies from their home states without the benefit of actual knowledge of the companies. This practice translates to roughly $31 billion allocated to excessively risky portfolios each year, according to a study from the Indiana University Kelley School of Business that is the first to document and quantify this "familiarity bias" among professional investors.

Released: 13-Jun-2012 4:40 PM EDT
Employee-Owned Business Expert Available
Salisbury University

Salisbury University's Dr. Frank Shipper has spent years researching and consulting with employee-owned businesses. He is available to speak with media on management, leadership and team development in this growing field.

Released: 13-Jun-2012 3:00 PM EDT
Managerial Discretion Affects Board and Shareholder Reactions to Information about CEO Quality
Baylor University

A company’s share price and its CEO’s compensation can be influenced by third-party endorsements of the CEO, as well as the strategic options, called managerial discretion, that executives have at their disposal to manage the company, according to a study recently published in the Journal of Business Research.

Released: 11-Jun-2012 6:00 AM EDT
Role Reversal: New Book by UC Berkeley Prof. David Vogel Illustrates How the U.S. Lost Its Lead in Risk Regulation to Europe
University of California, Berkeley Haas School of Business

Air pollution, climate change, food additives, pesticides, cosmetic safety, and electronic product hazards all pose global consumer and environmental risks, but the regulatory controls to manage them vary by country and by region. In recent decades, Europe has taken the lead over the U.S. in comprehensively managing such risks, according to a new book by UC Berkeley Professor David Vogel. In "The Politics of Precaution: Regulating Health, Safety, and Environmental Risks in Europe and the United States" (Princeton University Press 2012), Vogel argues that there has been an overall shift towards greater regulation to manage risk in Europe than in the United States in the last five decades.

Released: 6-Jun-2012 9:05 AM EDT
June Trifecta Could Save Eurozone: Greek Election, G-20 & EU Council Summit
American University

American University’s EU and business experts Matthias Matthijs, Stephen Silvia, and Robert Sicina are available to discuss the current state of the Eurozone economy, risks associated with plans to rescue the EU economy, the impact of the three events coming up later this month, and the impact the euro crisis is having on the U.S.

   
Released: 5-Jun-2012 3:00 PM EDT
Apocalypse Is Greek Word
University of Iowa

A University of Iowa international finance expert says the Greek and European economic plight shows limits of state sovereignty in an age of globalization as it drags the global economy down further.

Released: 24-May-2012 6:00 PM EDT
Expert Addresses International Business Topics
Boise State University

Boise State University professor discusses international business, trade.

Released: 24-May-2012 9:00 AM EDT
Facebook IPO Lawsuit: How Much Information Should Institutional Investors Share?
Cornell University

Charles K. Whitehead, professor at the Cornell University School of Law and a former Wall Street attorney, comments on the lawsuit leveled against Facebook, Morgan Stanley and other banks that underwrote Facebook’s initial public offering.

Released: 22-May-2012 8:00 AM EDT
Renters Feel Financial Squeeze After Recession
University of New Hampshire

More people who rent their homes are feeling the financial squeeze following the recession, with younger renters and people in the West feeling the most “cost burdened,” according to new research from the Carsey Institute at the University of New Hampshire.

Released: 21-May-2012 11:40 AM EDT
Ohio Political Science Professor Available to Discuss Unemployment Rates, Election Ramifications in Swing State
Bowling Green State University

Ohio's jobless rate continues to fall. Dr. Melissa Miller, a political science professor at Bowling Green State University in Ohio, is available to discuss the political ramifications in this vital swing state.

Released: 16-May-2012 2:30 PM EDT
Facebook IPO Won't Change Lives, but It Should Change US Markets
Cornell University

From its significance for global markets to its potential impact on our daily lives, two leading Cornell University researchers reflect on Facebook’s record-setting initial public offering this week. Both welcome media interviews.

Released: 15-May-2012 3:30 PM EDT
More Highly Educated Women Are Opting for Families
University at Buffalo

An increasing number of highly educated women are opting for families, according to a national study. The research clearly shows fertility rising for older, highly educated women since the 1990s.

Released: 15-May-2012 3:20 PM EDT
ASA Executive Officer Criticizes House Effort to Cut Census Bureau Funding
American Sociological Association (ASA)

American Sociological Association (ASA) Executive Officer Sally T. Hillsman, PhD, criticized the U.S. House of Representatives on Tuesday for passing a bill last week that would cut funding to the U.S. Census Bureau and result in the elimination of several important Census Bureau programs.

Released: 15-May-2012 10:00 AM EDT
Carsey Institute: Earned Income Tax Credit Program Promotes Healthier Children
University of New Hampshire

New Research from the Carsey Institute at the University of New Hampshire shows that access to state-level Earned Income Tax Credits (EITCs) results in healthier children.

Released: 10-May-2012 3:40 PM EDT
The American Dream Still Possible, but More Difficult to Achieve, WUSTL Class Discovers
Washington University in St. Louis

In a modern society struggling to loose the grip of a lengthy economic recession, is the American dream really attainable? It may still be possible, though much more difficult to achieve, say a renowned macroeconomist and one of America’s foremost experts on poverty, co-teachers of a course on the American Dream this semester at Washington University in St. Louis.

Released: 8-May-2012 12:50 PM EDT
Income Inequality Leads to More U.S. Deaths
Ohio State University

A new study provides the best evidence to date that higher levels of income inequality in the United States actually lead to more deaths in the country over a period of years.

Released: 7-May-2012 4:00 PM EDT
Greece Could Be Broke by June, Economist Says
Washington University in St. Louis

If international lenders refuse to renegotiate substantial reductions in Greek public debt, chances are that whatever government emerges in Greece in the next few weeks will run out of cash by the end of June, says an economist at Washington University in St. Louis.

Released: 7-May-2012 2:35 PM EDT
Researcher Finds Multi-State Insurance Regulation Drives Up Premiums 31 Percent
University of Iowa

Consumers pay as much as 31 percent more for insurance because companies have to comply with regulations from many states instead of a single regulator, according to research by a University of Iowa insurance and finance expert.

Released: 4-May-2012 10:20 AM EDT
Cost of Hiring New Workers a Bargain Despite Sluggish Employment Gains
Cornell University

Linda Barrington, labor economist and managing director of the Institute for Compensation Studies at Cornell’s ILR School, comments on today’s release of federal employment numbers for the month of April.

Released: 3-May-2012 8:55 AM EDT
Easier Credit for Small and Medium Enterprises Would Spur Job Creation
Cornell University

Louis Hyman, expert in economic history and professor in Cornell University’s School of Industrial and Labor Relations, discusses the ongoing debate about wealth inequality — and where the “one percent” tend to invest.

   
Released: 2-May-2012 4:15 PM EDT
Warm Winter, Frosty Spring Spell Trouble for Grapes and Fruit Trees
Cornell University

The combination of an unusually warm March and sub-freezing temperatures in late April in the Northeast, has led to potentially devastating damage to apples, cherries, grapes and other of the region’s vital agricultural crops. Cornell University researchers and Extension specialists can comment on what this might mean for producers and consumers.

Released: 2-May-2012 11:00 AM EDT
German-Backed Austerity Programs Coming Home to Roost in Europe
Cornell University

Steven C. Kyle, an expert in macroeconomic policy and an associate professor of management at the Dyson School of Applied Economics and Management at Cornell, comments on the impact of European economic austerity on Germany’s export-driven economy.

Released: 30-Apr-2012 4:00 PM EDT
Startup Companies Keep U.S. Competitive
Association of University Research Parks (AURP)

Innovation Coalition to meet for second annual Fly-In Day.

Released: 30-Apr-2012 8:00 AM EDT
Darden School of Business Competition Aims to Teach Small Businesses Nationwide How to Lead Local Recovery
University of Virginia Darden School of Business

A University of Virginia Darden School of Business competition that launches today will offer small businesses nationwide an in-depth look at how resilient companies are leading economic recovery in their communities.

Released: 25-Apr-2012 8:00 AM EDT
Thinking in a Foreign Language Helps Economic Decision-Making
University of Chicago

In a study with implications for businesspeople in a global economy, researchers at the University of Chicago have found that people make more rational decisions when they think through a problem in a non-native tongue. People are more likely to take favorable risks if they think in a foreign language, the new study showed.

   
Released: 23-Apr-2012 1:00 PM EDT
Researchers Study Costs of “Dirty Bomb” Attack in L.A.
University of Southern California (USC)

A dirty bomb attack centered on downtown Los Angeles’ financial district could severely impact the region’s economy to the tune of nearly $16 billion, fueled primarily by psychological effects that could persist for a decade.

Released: 23-Apr-2012 11:45 AM EDT
U.S. Middle Class Prospering More Than Commonly Believed, Cornell Policy Study Finds
Cornell University

Long portrayed as stagnant in economic terms, the income growth of the U.S. middle class may be much greater than suggested by economists like Thomas Piketty and Emmanuel Saez, according to a new study at Cornell University, which finds median income of the U.S. middle class rose by as much as 37 percent from 1979-2007.

Released: 19-Apr-2012 2:00 PM EDT
Online Chatter Affects Stock Returns
University of Southern California (USC)

USC Marshall study concludes that negative Web buzz can drive down stock prices.

Released: 17-Apr-2012 10:00 AM EDT
President’s Crackdown on Oil Speculators Is More Photo Op Than Effective Policy
Cornell University

Steven C. Kyle, an expert in macroeconomic policy and an associate professor of management at the Dyson School of Applied Economics and Management at Cornell, comments on President Obama’s crackdown on oil speculators

Released: 16-Apr-2012 1:00 PM EDT
Economic Damage From Offshoring Jobs May Be Exaggerated
University at Buffalo

Sending jobs overseas may not be as damaging to the U.S. economy as commonly believed, according to a study by a University at Buffalo economist.

Released: 13-Apr-2012 3:00 PM EDT
Most Americans, Including Romney Supporters, Favor Higher Tax on Rich, Survey Finds
Washington University in St. Louis

President Barack Obama lately has been arguing for increased taxes on the rich through his proposed “Buffett Rule,” which would ensure that millionaires and billionaires pay a minimum effective tax rate of 30 percent on their income. Most Amerians, including supporters of presidential hopeful Mitt Romney, support such a move, finds and a new Washington University in St. Louis survey.

Released: 11-Apr-2012 12:45 PM EDT
It’s Tax Season Again, and the Middle Class Is Filing Its Returns
American University

American University tax experts available for tax commentary.

Released: 9-Apr-2012 10:35 AM EDT
Combat Makes for Gun-Shy Investors
Cornell University

Combat veterans are more risk-averse investors than their counterparts who have never been in battle, according to a new Cornell University study. As a result, combat veterans may struggle to build wealth through long-term investments.

Released: 6-Apr-2012 11:00 AM EDT
JOBS Act to Create Cultural Shift in Start-Up Investment
Washington University in St. Louis

The Jump Start our Business Start-ups (JOBS) Act, an entrepreneurship bill signed into law April 5 by President Barack Obama, could help open an entirely new class of investor to a process they largely have been held out of, says an expert at Washington University in St. Louis.

Released: 5-Apr-2012 4:15 PM EDT
Market Researchers See New Generational Cohort Emerging
University of Massachusetts Amherst

Market researchers at the University of Massachusetts Amherst say a new, younger “entitlement” generational cohort is emerging from the group known as the Millennials. The change is coming in response to cataclysmic events, especially the Great Recession, that have occurred since 2008.

Released: 5-Apr-2012 4:00 PM EDT
Employment Numbers Reflect Sluggish Aggregate Demand, Technology’s Boost to Productivity and Demographics
Cornell University

Linda Barrington, labor economist and managing director of the Institute for Compensation Studies at Cornell’s ILR School, comments on the impact of technology-boosted productivity and lagging demand on unemployment. Note to media: Barrington is based in mid-town Manhattan and will be available for interviews when federal unemployment statistics are released Friday, April 6.

Released: 5-Apr-2012 1:00 AM EDT
Research Parks Create Jobs and Economic Growth
Association of University Research Parks (AURP)

Research, science and technology parks are catalysts for job creation. As communities look for ways to create jobs and drive economic growth, many are finding innovation to be a key element.

Released: 3-Apr-2012 7:00 AM EDT
UNH Center for Venture Research: U.S. Angel Investor Market on Solid Path of Recovery in 2011
University of New Hampshire

Following a considerable contraction in investment dollars in 2008 and 2009, the U.S. angel investor market continued to recover in 2011, a trend that began in 2010 in investment dollars and in the number of investments, according to the 2011 Angel Market Analysis released by the Center for Venture Research at the University of New Hampshire.

Released: 2-Apr-2012 9:30 AM EDT
Airline Performance Improves for Fourth Consecutive Year, Best Ever, According to Airline Quality Rating
Wichita State University

For the fourth consecutive year, the performance of the nation's leading carriers improved, according to the 22nd annual national Airline Quality Rating (http://airlinequalityrating.com), a joint research project funded as part of faculty research activities at Wichita State University and Purdue University. It was the best overall score in the 22 years researchers have tracked the performance of airlines. For the second consecutive year, AirTran, Hawaiian and JetBlue were the three best performing airlines.

Released: 29-Mar-2012 8:00 AM EDT
Mass Privatization Put Former Communist Countries on Road to Bankruptcy, Corruption
American Sociological Association (ASA)

A new analysis showing how the radical policies advocated by western economists helped to bankrupt Russia and other former Soviet countries after the Cold War has been released by researchers.

Released: 29-Mar-2012 12:00 AM EDT
Mutual Fund Families Deliberately Sacrifice Performance of Some Funds to Shore Up Losses Elsewhere in “Family”
Indiana University

Mutual fund families routinely and purposely use the capital in affiliated funds of mutual funds -- AFoMFs -- as "insurance pools" to offset or prevent cash shortfalls in other funds in the family. Further, this practice, which sacrifices performance by the AFoMF for the benefit of the fund company, is not outlined in prospectuses and may be in direct conflict with AFoMF shareholder interest.

Released: 27-Mar-2012 1:30 PM EDT
Cash-Strapped American Families Using Tax Rebates to Pay for Bankruptcy
Washington University in St. Louis

With the cost of filing for bankruptcy going up, many cash-strapped American families are using their tax rebate to pay for it, finds a new study by a finance professor at Washington University in St. Louis.

Released: 26-Mar-2012 4:30 PM EDT
UC Berkeley’s Haas School of Business Hosts The Economist’s “Ideas Economy: Innovation Event”
University of California, Berkeley Haas School of Business

The Economist will hold its third annual Ideas Economy: Innovation conference on March 28, 2012, 9 a.m. to 7 p.m., at the Haas School of Business at the University of California, Berkeley. This year’s event will focus on how innovation can propel nations and lead to lasting global progress and prosperity. Berkeley-Haas Professor Laura D. Tyson, S. K. and Angela Chan Chair in Global Management, will join the brightest minds in business, academia and beyond, to discuss the connection between innovation and economic growth. Tyson is currently a member of President Obama’s Council on Jobs and Competitiveness and Secretary of State Hillary Clinton’s Foreign Affairs Policy Board.

Released: 26-Mar-2012 11:45 AM EDT
U.S. Economic Woes Ripple All the Way to Latin America
Michigan Medicine - University of Michigan

Chronically ill patients in Central America struggle to pay for health care because they receive less money from relatives abroad who have been “downsized.”

Released: 26-Mar-2012 11:25 AM EDT
Binghamton University Scholar Advocates for Additional Corporate Oversight
Binghamton University, State University of New York

In the wake of the Enron and other corporate scandals, new research from Binghamton University suggests that strengthening parts of the 2002 Sarbanes-Oxley (SOX) Act would improve corporate performance and shareholder value.



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