Maryland Smith's Clifford Rossi Available on 'Anatomy of SVB’s Risk Management Failure'
University of Maryland, Robert H. Smith School of Business
What brought SVB down? From a risk management perspective, it made several blunders. The first was in placing large bets on interest rates. Clifford Rossi, who had a front row seat at WaMu’s largest bank failure in U.S. history, gives expansive analysis.
“The poor play the lottery, the rich play the stock market.” This comical statement seems to hide both hope and the bitter truth. An economics professor at Chulalongkorn University invites us to understand why many Thais put their hopes into lotteries and analyzes how their popularity relates to social inequality, upward mobility and corruption.
Researchers at the California Academy of Sciences, along with a collaborator at Denison University, have developed an innovative new model to assess how the California economy might have fared without economic closures to slow the spread of the coronavirus pandemic.
Americans likely are receiving smaller tax refunds than they have in recent years, and most people will not be going out to spend this money, according to the February 2023 Consumer Food Insights Report.
Analysis of the COVID-19 pandemic in the Netherlands suggests that locally targeted pandemic control measures could have been just as effective as national lockdowns, according to a study published today in eLife.
Over the past 20 years, the death rate from drug poisonings in the U.S. has tripled and suicide and alcoholic liver disease death rates have increased by 30 percent — particularly among middle-aged white Americans. Daniel Hungerman, professor of economics at the University of Notre Dame, and his co-authors studied the connection between a sharp downturn of religious participation in the late 1980s and the swift rise in these "deaths of despair" among white Americans ages 45 to 54 in the early 1990s.
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By the end of March, Netflix plans to crack down on password sharing for U.S. subscribers. This announcement has been met by surprise, outrage, and confusion as consumers ponder how their Netflix accounts will be affected. Jadrian Wooten, a professor of economics at Virginia Tech, provides his perspective on the issue.
The February 2023 SLU/YouGov Poll interviewed 900 likely Missouri voters about issues facing the Missouri legislature and their opinions about school safety and guns, following the October school shooting at Central Visual and Performing Arts High School. The survey found that 56% of voters reported they were somewhat or very worried about a shooting happening at Missouri schools, and there is bipartisan support for safety and gun reforms.
Utah’s consumer sentiment decreased from 75.6 in January to 70.4 in February, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment.
When it comes to venturing into and enjoying nature, forests are the people’s top choice – at least in Denmark.
Expectations that inflation has eased fueled recent stock market gains, but results from two major price-tracking indexes came in higher than expected, dousing that optimism with cold water. The statistics from these reports have economists predicting that the Federal Reserve will continue to raise interest rates to get inflation under control.
China’s aggression and increasingly provocative actions in the Indo-Pacific reflect its willingness to openly challenge the U.S.-led economic order in the growth-oriented region, according to a University of Miami China and defense expert.
From astronomical sums of money to opulent superyachts and lavish villas, the assets of the oligarchs providing the political and financial backing for Russian president Vladimir Putin's military ambitions have been publicly and fervently seized by Western nations since Russia's invasion of Ukraine.
Any attempts to build peace in Syria must address the factors which led to the country being a failed state before civil war began, research says.
The Polsky Exchange at the University of Chicago will soon launch a new Illinois Small Business Development Center (SBDC) to spur and support economic growth on Chicago’s South Side. It will be the first business development center specifically dedicated to supporting South Side professional services and technology business owners, such as accountants, digital marketers, web developers, content creators, and more—a gap identified by the Polsky Exchange.
New research led by the University of Delaware shows transnational agricultural large-scale land acquisitions (TALSLAs), and the forest loss associated with them, pose a threat to biodiversity in the Global South — broadly defined as the nations of the world with low levels of economic and industrial development that are typically located to the south of more industrialized nations.
Finalists for the 2023 Ivory Prize for Housing Affordability Announced
The one-year anniversary of Russia’s invasion – or in the words of Kremlin leaders, “special military operation” – has left thousands dead or wounded, scores of buildings and infrastructure destroyed or damaged, and millions of people displaced. The economic damage from the war reaches far beyond the borders of Ukraine and Russia.
A team of researchers has highlighted human-wildlife conflict as one of the globe’s most pressing human development and conservation dilemmas. New research published in Communications Biology looked at 133 countries where 18 large carnivores ranged, and found that a person farming with cattle in developing countries such as Kenya, Uganda or India were up to eight times more economically vulnerable than those living in developed economies such as Sweden, Norway or the U.S.
A new study calculated the economic cost of cancers around the world, helping policymakers allocate resources appropriately and enact policies to curb the increase in cancer-related death and disability.
With National OverTip Day coming up March 10, new research from Binghamton University, State University of New York reveals that employees at public companies tip their taxi drivers more on days when their companies perform well in the stock market.
Crises can accelerate structural change and spur an absolute decoupling of CO2 emissions from economic growth.
Researchers from Boston College, Georgetown University, American University, Texas A&M University, and Colorado State University published a new Journal of Marketing article that challenges the entrenched belief that financial vulnerability only affects low-income consumers.
The Department of Justice is reviewing its guidelines for bank mergers, and Ross School of Business Assistant Professor Jeremy Kress is playing a key role in the process.
Strike numbers rose in 2022, reflecting a trend of more U.S. work stoppages in recent years by workers and activists in the labor movement, according to a report published Feb. 21 by the Cornell University School of Industrial and Labor Relations.
The two-day international forum convenes thought leaders to address issues dealing with the Western Hemisphere, with a focus on Latin America. The 2023 edition will occur March 9-10 on the Coral Gables Campus.
Governments could help millions of people and save a lot of money with targeted energy subsidies.
With the goals and targets of the Kunming-Montreal global biodiversity framework now set, attention turns to its potential for implementation and achieving its 2050 vision of living in harmony with nature.
In an article published in Frontiers in Public Health, researchers Carlos Alós-Ferrer of the Center for Neuroeconomics at the University of Zurich and Jaume García-Segarra and Miguel Ginés Vilar of the Department of Economics at the Universitat Jaume I in Castelló have questioned the distribution of vaccines against COVID-19 and propose an algorithm to satisfy the properties that experts in medical ethics consider fundamental.
When investors try to forecast a company’s future earnings by analyzing its current financial statements, a perplexing problem is how to interpret nonrecurring income taxes.
Utah’s travel and tourism industry saw record visitation and spending in 2021, according to the latest annual industry report released today by the Kem C. Gardner Policy Institute. The report notes that 2021 visitor spending was up 49.5% from 2020 to a record $10.56 billion.
A new model of forecasting home prices based on consumer demand predicts that prices for housing will decrease by 5% nationally and 12% in San Diego County by the end of this year. The model, which highlights online search activity, was recently published in a new study from the University of California San Diego’s Rady School of Management.
By: Pete Reinwald | Published: February 15, 2023 | 4:22 pm | SHARE: So here we are, in the most loathsome time of year, and we’re not referring to the weather. We’re talking about tax season. Faculty members from Florida State University’s College of Business offer tips to help ease the anxiety of the paperwork, personal allowances and, if you’re late, penalties for filing your taxes.
UMD Smith’s Gerald Suarez examines post-pandemic employer-worker dynamics.
The CFES North Country Rural Postsecondary and Economic Development (RPED) program is improving rates of college and career training enrollment, persistence, and completion with a goal of moving 4,000 graduates into high-wage, in-demand regional jobs in upstate New York.
New research in quantum computing at Sandia National Laboratories is moving science closer to being able to overcome supply-chain challenges and restore global security during future periods of unrest.
Michael De Groot, assistant professor in the Indiana University Hamilton Lugar School of Global and International Studies, reflects on the economic impact of Russia's war in Ukraine as the 1-year anniversary of the invasion approaches.
ASU expert says Valentine's Day spending to increase in U.S., Arizona this year — despite talks of recession.
Reports of globalization’s death are premature, according to a new study by researchers at the University of Waterloo, the University of British Columbia and the China Europe International Business School in Shanghai.
New research proposes a funding model for a major rehabilitation of the 27 locks and dams on the Upper Mississippi. It relies on a collective investment from all – or at least most – of the shippers, along with government funding. The researcher’s model shows the public-private partnership would pay off in the long run.