Michael Goldberg, the Roland H. O'Neal Professor of Economics at the University of New Hampshire, has proposed new ways to regulate the financial sector at a national conference recently that included some of the world's foremost economists and business experts.
University of Wisconsin-Madison sociologist Pamela Herd has been a scholar of Social Security for more than a decade, but her most poignant lesson may have come from her own mother's experience last fall.
Andreas Rauterkus, Ph.D., is an assistant professor of finance at the University of Alabama at Birmingham (UAB). A native of Frankfurt, Germany, Rauterkus has earned finance degrees from universities in both Europe and the United States. His research, which has been funded by the FDIC among others, includes in-depth examinations of financial institutions with an emphasis on conflicts of interest situations in international banking.
Leaders of organizations representing tens of thousands of American nonprofit organizations are calling for a reinvigorated and empowered partnership between government and the nonprofit, or "citizen sector," to address our country's social, economic, and environmental problems and improve the quality of community life.
Like state and local governments and private businesses, America's 1.4 million nonprofit organizations have many major "shovel-ready" infrastructure projects on hold because of the credit crisis, according to a new survey.
"Nine in ten dual-income couples in New York State feel there is some risk that one or both of their jobs might not exist in the next couple of years," says Ithaca College sociologist Stephen Sweet, lead author of the study "Dual Earners in Double Jeopardy: Preparing for Job Loss in the New Risk Economy." Satellite Uplink available on campus.
The Institute for Good Medicine at the Pennsylvania Medical Society offers 10 ways for consumers to spend less on their health care during a recession.
Unfortunately, in an economy like today's, Matthew Brink, director of Career Development at Saint Joseph's University in Philadelphia, has no secret tricks for landing a job.
"It's all about using the tried and true tactics for job hunting, but giving the process more time and effort," he says.
University of Iowa finance professor Todd Houge says he's cautiously optimistic that U.S. stocks have greater upside potential than they've had recently and that prices have already factored in a lot of bad economic news.
"As the two versions of the bill move to conference committee, we hope Congressional negotiators maintain the House bill's strong investments in education, clean energy and America's natural resources - all proven ways to stimulate shovel-ready projects and rapidly create jobs," said NWF's Adam Kolton.
Tuesday, Feb. 10, the U.S. Department of the Treasury announced the details of its latest financial bailout measure, the Financial Stability and Recovery Plan.
Public support is growing for expenditures on mass transit and infrastructure and remains high for education and health care, according to a National Opinion Research Center survey at the University of Chicago that has been following spending trends for 35 years.
Each day brings news of more job losses and more home foreclosures in California, pushing more people out onto the streets of our cities. Project Homeless Connect is offering hope to these people, providing vital services to get them off the streets, into housing, and even back into work.
During these times when it seems as if there is socialism for the wealthy and capitalism for the poor (given today's NYT' story about the shrinking welfare rolls) and in the wake of the three murder/suicide cases of entire families due to financial stress/debt/job loss that took place across the nation last week, including one in Annapolis, Jodi Jacobson, PhD, assistant professor at the University of Maryland School of Social Work, whose research falls into work/life, work crisis, offers some advice to those who are suffering stress and emotional fallout over the current financial picture. She is the chair of the Employee Assistance Program track at the School.
The impact of President Obama's proposals on the economy and on the American public is the topic of discussion for University of California, Berkeley faculty Tom Campbell and Barry Eichengreen, moderated by award-winning NBC4 reporter Conan Nolan. This presentation will review the background of the economic crisis, discuss the current efforts and their impact, and provide insight into how to manage personal finances and investments.
"Whether you are a millionaire (probably losing at least 30 to 40 percent of your assets), or a construction worker unable to find work, you are facing the same common enemy. You cannot fix the economic crisis but you can survive. The following tips for those at both ends of the financial spectrum can help your psychological survival." (This column is for free and immediate use)
In the latest report from the Georgia Tech Financial Analysis Lab, located in the College of Management, Professor Charles Mulford warns of increased tax payment risks to capital-intensive companies. He identifies companies that may be facing increased taxes from a reduction in capital spending that may arise from the slowing economy.
Reporters seeking an expert to discuss the mental toll that massive job losses in the United States could have on society and individuals can contact UAB sociologist Patricia Drentea, Ph.D. Drentea studies the sociology of work, debt and stress, and family and equity issues. She is available 11 a.m.-1 p.m. Wednesday, Feb. 4 and 3:15-4:15 p.m. Thursday Feb. 5.
The Obama administration's economic stimulus initiatives should include investment in infrastructure to decrease obesity, providing an immediate and long-term boost to the economy and to public health, argues a commentary in the February 4 JAMA.
The recent severe downturn in the stock market may further reduce stock ownership by African American and other minority investors, new research suggests. Minorities, who had long trailed whites in stock ownership had begun to catch up between 1992 and 2001. But a new study found that those gains largely disappeared around the time of the major stock market downturn in 2002.
If a workforce reduction happens to you, there are steps you can take to minimize the mental stress and help cope with the psychological impact of a layoff, said University of Alabama at Birmingham (UAB) Associate Professor Josh Klapow. One tip: Let go and don't over-think the circumstance, he said.
Nationally recognized UC San Diego macroeconomist Valerie A. Ramey has offered objective analysis on the major issue dividing Democrats and Republicans on how best to get the economy moving again. Her estimates show that a $1 increase in government spending raises GDP by about $1.40.
Professional development experts at the University of Wisconsin-Madison are available to discuss the impact of American Recovery and Reinvestment Act of 2009 (ARRA 2009) on the nation's infrastructure.
Leading business executives from a variety of industries will be panelists during an Economic Summit at The University of Findlay. They will discuss the foundations of the current economic crisis, emerging business opportunities and the impact of the crisis on today's student.
The typical American consumer is accustomed to unwrapping a hamburger from their favorite fast food establishment and finding "the works": lettuce, tomatoes, pickles and a few packets of ketchup on the side. However, according to John Stanton, Ph.D., chair of food marketing at Saint Joseph's University in Philadelphia, the "frills" that come with fast food or restaurant meals could become a thing of the past.
"Research parks are key drivers of regional development," said J. Michael Bowman, Chairman & President, Delaware Technology Park. "Today, research parks spur business startups, retention and expansion with a focus on providing crucial services." In that regard, the Association of University Research Parks (AURP) will host its annual Washington Summit meeting "The Gathered Storm: Navigating the Turbulent Times" on Thursday, February 26, 2009.
Super Bowl ads are a good buy at $3 million for 30 seconds, says marketing professor John Antil. General Motors and FedEx have chosen not to advertise this year, and that could cost them.
In addition to spending $825 billion on an economic stimulus package, President A A finance professor at The University of Alabama in Huntsville said President Obama and the new Congress should consider "importing" taxpayers as a quick, low-cost way to boost the economy.
Those fortunate enough to have held onto their jobs during the economic downturn may experience Post Downsizing Stress Syndrome, a psychological response to a combination of widespread layoffs and high levels of job stress, according to a business professor at the University of New Hampshire.
"Make no mistake, there is a new economy," says sociologist Stephen Sweet, whose book "Changing Contours of Work" examines the structure of the new economy, including the dismantling of protections, and the effect on workers and families. He further calls for a "new deal" to address the lack of protection and upward mobility in the workplace as well as the racial and gender chasms. ReadyCam Satellite uplink on site.
Losing a job usually comes with the double whammy of losing any employer-sponsored health insurance. Timothy McBride, Ph.D., leading health economist and associate dean for public health at WUSTL's George Warren Brown School of Social Work, is available to discuss current coverage options and the future of health insurance for low-income people.
A new report by The George Washington University School of Public Health and Health Services (GW/SPHHS) spells out the potential health consequences of this, and other aspects of the recession. It also reviews proposals that are part of federal efforts to stimulate an economic recovery, and that would help to reduce impoverishment, strengthen access to health care, and protect the health of more Americans.
Tough economic times are causing many people to tighten the belt on personal finances. But trimming fat from the budget doesn't have to lead to an expanding waistline. Experts at Dana-Farber Cancer Institute offer the following free and low-cost strategies to help maintain good health as well as possibly reduce various cancer risks.
A University of Utah study indicates the U.S. bankruptcy system has a silver lining: it works. The study found 80 percent of fundamentally sound firms emerge with most of their assets, compared with 37 percent of firms with bad business models. The study suggests Chapter 11 bankruptcy reorganization may be better for U.S. automakers than a federal bailout.
The Wall Street Journal reports U.S. retailers are already cutting prices on early spring merchandise in order to move inventory out the door. New research from the University of California, Berkeley's Haas School of Business shows that retailers can forecast demand more accurately when manufacturers offer a variety of rebate/return incentives upfront.
The regulation of banks and other financial institutions in the United States is a "crazy quilt" of decentralized federal agencies that need to be reorganized to make future market meltdowns less likely, according to University of Iowa law professor and securities law expert Hillary Sale.
For visual evidence of just how bad the global financial crisis has become, visit the Web site of the University of Iowa Center for International Finance and Development. If you dare. The page has a meticulously detailed timeline of events leading up to the economic collapse, and it highlights news reports of every struggling investment bank, failed mortgage company, missed-earnings warning, lousy housing report, cut dividend, and various other portents of impending financial doom. And that's just up to December 2007, before things really got bad.
Current research shows the worsening economy is causing many people to cut down on their prescription medications, postpone visits with their health-care providers and put off important routine health screenings and vaccinations. These actions may save money in the short run, but is it the best thing to do?
With a new year often comes a new resolution to eat better and make healthier choices. But as the economy continues to struggle, many parents are left wondering how to provide healthy food options while shopping on a budget. Although nutrient-dense foods, such as fruits, vegetables and whole grains, are often more costly than less healthful options, there are ways families can pull the purse strings tighter without compromising on nutrition.
University of Maryland economist Anton Korinek and illustrator Brian Payne teamed up for a down-to-earth, year-end look at the 2008 financial crisis in pictures. Note to editors: This image is available for free use with attribution.
Perhaps the only people who find some delight in the current economic crisis are analysts and ethicists. The financial meltdown has spawned a number of intriguing questions that challenge market paradigms and invite examination of key ethical questions related to business.
The Rosenberg Center Franchise 50 Index weathered the brutal correction under way in the financial markets far better than the S&P 500 in the third quarter of 2008, dipping a mere .4 percent compared with a 9 percent drop in the S&P 500. Buffalo Wild Wings led the Franchise 50 Index with a 62.3 percent increase in market value.
As the year comes to a close, many spend time reflecting on the past 12 months as well as making resolutions about the coming year. As 2008 ends, what new dieting and exercise trends can be expected for 2009? Beth Hubrich, MS, RD, of the Calorie Control Council weighed in on this issue stating, "With the continued rise in obesity, weight gain prevention has become just as important as weight loss. This, coupled with a decline in the economy, has many consumers searching for quality nutrition on a budget."
Should U.S. taxpayers' dollars be used to bailout General Motors, Ford and Chrysler (80.1 percent owned by Cerberus Capital Management, a private equity firm)? My answer is NO. The bankruptcy system (Chapter 11) administered by the courts is designed to preside over financial situations like those being experienced by these auto makers. Let the bankruptcy courts handle the reorganization, not the politicians.
Indiana University Kelley School of Business faculty members are available to comment on Tuesday's reduction of the benchmark federal funds rate to historic low levels.
The incomes of American families with children have become increasingly stratified since 1975, with income inequality increasing two-thirds during a 30-year period, according to findings published in the December issue of the peer-reviewed science journal American Sociological Review.
The impact of a Big-3 bankruptcy and restructuring would be severe, but frequently-quoted job loss figures are misleading and overstated, according to a new projection by the University of Maryland's Inforum economic research unit. In the worse case scenario, peak job dislocation from restructuring would be half of the 3 million commonly cited in the media.
Companies considering downsizing as a strategy for surviving the current economic recession should know one thing about the experience that many companies had with downsizing: It didn't work. Cutting payroll without a plan to improve productivity and efficiency dooms many companies.
As a result of the current economic slow down, many people have lost their jobs -- and their health insurance. Dr. Adam Goldstein of the University of North Carolina at Chapel Hill explains how people in this situation can continue getting the health care they need.