Peter Hirtle, an archivist and senior policy advisor in the Cornell University Library, highlights the exciting new business model behind the upcoming public release of the 1940 Census, which will provide one of the most intimate glimpses into American lives during the Great Depression.
Firms that make a previously patented innovation accessible to competitors increase overall likelihood of improving upon that breakthrough while also raising profits for the original innovator and market welfare, according to a study by a University at Buffalo economist.
The overall effects of European soccer's "Bosman ruling" appear to have been fairly minor, a new University of Illinois at Chicago study finds.
A new national study suggests that adults who receive an inheritance save only about half of what they receive, while spending, donating or losing the rest.
The Credit CARD Act of 2009 was signed into law in May 2009. The reform legislation was intended to establish fair practices for extending credit to consumers. Many of the provisions were to protect college-age consumers. UofSC law professor Eboni Nelson has completed an analysis to determine whether the CARD Act has been successful in protecting these young consumers.
Developed Land in the Greater Triangle and Rocky Mount region in N.C. increased nearly 570 percent from 1976 to 2005. Development is expected to increase by 150 percent by 2040. The projections have been released in a study by researchers at the Renaissance Computing Institute (RENCI) at UNC Charlotte.
The growing number of people living in China’s cities is considered a boon for the consumer goods market. That is based on the assumption that there will be more families with more disposable income when poor farmers from China’s countryside move to cities. But the assumption overlooks a policy from the era of Chinese leader Mao Zedong that restricts the upward mobility of its rural citizens, says a University of Washington geographer.
Due to the recessionary climate, the median salary for food scientists polled by the Institute of Food Technologists (IFT) slightly dropped 0.8 percent over the past two years, according to the recently released IFT Employment and Salary Survey.
With tensions in the Persian Gulf and global demand for crude oil sending gasoline prices to historic highs, President Obama is will deliver a speech later today to counter rising criticism of his administration’s energy policies. Cornell University researchers are available to comment on this political debate and the road ahead for the American consumer.
American University’s Kogod Tax Center experts David Kautter and Don Williamson are available to analyze and discuss the Obama administration’s corporate tax reform and small business tax reform proposals.
Using 264 economically and socially diverse Chicago suburbs as a laboratory, a University of Illinois at Chicago researcher has analyzed how well local governments deliver services despite recession, political conflict and loss of corporate taxpayers.
The American public exhibits deep partisan divisions about the direction that federal fiscal policy should take, finds a new national survey from Washington University in St. Louis.
Murillo Campello, professor of finance at Cornell University’s Samuel Curtis Johnson Graduate School of Management, and keynote speaker at the recent European Central Bankers meeting in France, comments on the impact of the European debt crisis.
Steven Kyle, professor of management at the Dyson School of Applied Economics and Management at Cornell University, discusses the implication of a downgraded bond rating for European nations.
No one knows how many homeless people died on the streets of San Francisco last year. The numbers range from the Department of Public Health’s tally of 28 to an estimate of more than 100 from groups who work with the homeless. What is known is that even one death is too many. That’s why the services offered by Project Homeless Connect can mean the difference between life and death for some people.
A new book, "Tobacco Capitalism", by Washington University in St. Louis anthropologist Peter Benson, PhD, examines the impact of the transformation of the U.S. tobacco industry on farmers, workers and the American public. The book reveals public health threats, the impact of off-shoring, and the immigration issues related to tobacco production, specifically in rural North Carolina.
Two interesting facts that may counter modern ideas about bankruptcy: The overwhelming majority of U.S. filings belong to individuals rather than corporations or entities, and most of these people wait far too long to seek bankruptcy protection. These are two of many cultural misconceptions associated with bankruptcy in the United States, says Tim Tarvin, associate professor and supervising attorney in the student-staffed Federal Practice Clinic at the University of Arkansas School of Law.
In an economic climate where many small businesses are struggling to survive, local wineries are experiencing a relative boom. “There are wineries in all 50 states,” says Nancy Childs, Ph.D., professor of food marketing at Saint Joseph’s University in Philadelphia. “Nationally, there has been a huge resurgence in viewing local wineries as an artisan craft. It parallels the movement of microbreweries.”
Counties and parishes with a greater concentration of small, locally-owned businesses have healthier populations — with lower rates of mortality, obesity and diabetes — than do those that rely on large companies with “absentee” owners, according to a national study by sociologists at LSU and Baylor University.
A new UCSF analysis has found that a state ballot initiative to increase the cigarette tax would create about 12,000 jobs and nearly $2 billion in new economic activity in California.
American Airlines’ plan to lay off more than 13,000 employees and eliminate all four of its pension plans as part of its bankruptcy reorganization could eventually spell the end of the airline and leave its pilots with dramatically reduced pensions, say two experts at Washington University in St. Louis.
Wage and compensation expert Linda Barrington, director of the Cornell University ILR School Institute for Compensation Studies, comments on the unexpected drop in unemployment to 8.3 percent.
Should the disputed Falkland Islands be returned to Argentina? In his latest article for Globe Asia, titled “The Falklands and other dangerous disputed territories – a market solution,” Steve Hanke, a professor of applied economics at The Johns Hopkins University, writes that a market solution could help Britain and Argentina avoid another war.
Beth Mattingly, director of research on vulnerable families at the Carsey Institute at the University of New Hampshire, is available to discuss poor and low-income Americans following Mitt Romney’s comments regarding their “safety net.”
Consumer goods giant Procter & Gamble’s move to lay off some 1,600 employees globally, many in the marketing area, foretells a trend in which more companies will move their advertising dollars from traditional to digital media, says a marketing expert at Washington University in St. Louis.
Got debt? Probably. Most Americans do. Bombarded by home mortgages, college loans, credit card payments and car loans, the typical American consumer faces a mountain of financial obligations. Louis Hyman, Cornell assistant professor in the College of Industrial and Labor Relations, will speak to journalists about debt in his new book, “Borrow: The American Way of Debt,” on Friday, Feb. 10, 2012 at 10 a.m. at Cornell’s ILR Conference Center, sixth floor, 16 E. 34th St., Manhattan.
Sandia National Laboratories spent close to $1 billion overall on the procurement of goods and services in fiscal year 2011, and small businesses across the nation were awarded more than half those dollars, $540 million or 59 percent, according to the Labs’ latest economic impact report.
Occupy Wall Street and other U.S. and worldwide movements reveal a general dissatisfaction with contemporary economic practice. The current economic mess is rooted in errors that were identified more than 70 years ago by Bernard Lonergan (1904-1984), a Canadian philosopher and economist.
According to a new report by researchers at the Indiana Business Research Center, the Hoosier state is a prime example of how the Affordable Care Act could place thousands of jobs created by small businesses at risk. The same report also found that Indiana is heavily dependent upon out-of-state investment for creating new jobs, an important consideration as the state legislature is embroiled in the contentious issue of Right-to-Work.
Steven C. Kyle, professor economics at Cornell University’s Dyson School of Applied Economics and Management, comments on Pres. Obama’s call for government infrastructure investment in his State of the Union address.
UAB expert says putting your money in the bank is not much better than burying it in the ground. His advice: Buy a house.
New study examines bankruptcy and recovery among private equity-backed firms.
2011 survey of salaries in engineering professions.
Susan Christopherson, a professor of city and regional planning in Cornell University’s College of Architecture, Art and Planning, has done research on Rochester, N.Y., for years, and comments on the announcement that Eastman Kodak Co., has filed for bankruptcy protection.
Defying two recessions, the nonprofit sector posted a remarkable 10 year record of job growth, achieving an average annual growth rate of 2.1 percent from 2000 to 2010, while for-profit jobs declined by an average of minus 0.6 percent per year, according to a new Johns Hopkins University report.
The Center for Economic Development and Business Research at Wichita State University has released updated Wichita Metropolitan Area and Kansas employment forecasts for 2012.
A new study by finance researchers at the University of Arkansas shows that U.S. banks are losing anywhere from $3.8 billion to $5.3 billion in annual revenue due to the Federal Reserve’s 2010 changes to overdraft policy. The lower fee revenue may further impair the ability of banks to lend money.
A large and growing number of Americans are poor, or at risk of becoming poor, as a result of the Great Recession of 2007-09, and many will continue to struggle during the recovery, according to a white paper released today by Tavis Smiley and Indiana University.
Some invest their money in stocks, some in bonds, some in real estate. Now, investors are putting their money into lawsuits, and University of Iowa law professor Maya Steinitz said this growing market needs government regulation.
Linda Barrington, employment and compensation expert and director of the Cornell University ILR School Institute for Compensation Studies in New York City, comments on the interplay between private- and public-sector employment in today’s release of federal employment statistics.
The presents have been opened. The tree has been put away. Now come the bills. What is the best way to tackle holiday debt? Pay down the loan with the highest interest rate first. But consumers often take a slightly different approach, according to a consumer behavior expert at Olin Business School at Washington University in St. Louis.
Traditional product advertising — full-page magazine ads and 30-second television commercials — may be going the way of the rotary phone. Emerging concepts such as crowdsourcing, viral Internet campaigns, product placements and guerilla promotions will dominate the marketing and advertising landscape in 2012 and beyond, says a marketing expert at Washington University in St. Louis.
Massachusetts entrepreneurs are optimistic and well-positioned to move forward in recovery to build an entrepreneurial economy that is innovative and globally competitive, according to the Global Entrepreneurship Monitor Massachusetts 2010 Report.
Location and other geographical factors play an important role in supporting economic growth and development in emerging markets, a new study from the Consortium on Financial Systems and Poverty has found. The findings are published in the current edition of the Quarterly Journal of Economics.
A professor who specializes in fair trade issues says what Bloomberg News uncovered in Victoria's Secret's African supply chain is a symptom of a larger problem.
Michael Sherraden’s book, Assets and the Poor: A New American Welfare Policy, broke new ground on social policy in 1991. Twenty years later, its impact is still being felt around the world. In Assets and the Poor, Sherraden, PhD, the Benjamin E. Youngdahl Professor of Social Development at the Brown School at Washington University in St. Louis, writes that asset accumulation is structured and subsidized for many non-poor households, primarily via retirement accounts and home ownership. He argues that these opportunities should be available to all and proposes establishing individual savings accounts for the poor — also known as Individual Development Accounts (IDAs). Since Sherraden first proposed IDAs, they have been adopted in federal legislation and in more than 40 states.
Employment in Maryland’s nonprofit sector grew 1.6 percent between 2009 and 2010, while the state’s businesses experienced a 1.1 percent job loss during the same period, according to a new Johns Hopkins report. This pattern of nonprofit job growth held true for all regions of the state, although recent growth was slightly lower than the 2.0 percent growth recorded from 2008 to 2009.
Why do some great ideas fail and others succeed? The unique innovations pioneered by someone like Apple CEO Steve Jobs may have less to do with “out of the box” creativity than with mastering—and overcoming—a set of fundamental constraints that span everything from technology to society to group dynamics. Management professor David Owens of the Vanderbilt Owen Graduate School of Management says that business and other leaders need to understand exactly which of the constraints are working against them to help create conditions that foster innovation instead of killing it. After years of academic research, coupled with on-the-job experience at two technology design firms, Owens identifies the six most common hurdles to innovation that companies encounter.
American young people say that the top two causes of poverty are a lack of jobs (82.8 percent) followed by a lack of health insurance (69.4 percent) according to a new national survey of young Americans’ attitudes on poverty, conducted by Hamilton College. The full results of this survey will be available online and presented by webcast on Monday, Dec. 12, at 11 a.m. EST at www.hamilton.edu/poverty
American University EU faculty experts Matthias Matthijs and Stephen Silvia are available to discuss the current state of the euro-zone economy, risks associated with plans being discussed to prop up the EU economy, and the implications the euro crisis has on the U.S. economic recovery.
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