When Companies in the Same Industry Have Common Owners, Consumers Pay
University of MichiganIf you owned two companies in the same industry, would you make them compete? Probably not, knowing the firms make higher profits if they don't.
If you owned two companies in the same industry, would you make them compete? Probably not, knowing the firms make higher profits if they don't.
Financial literacy education program helps low-income single mothers reduces debt, and improve their income with an added benefit of lost weight due to a reduction in stress.
Wichita State University's Center for Economic Development and Business Research expects an increase of 23,239 jobs in Kansas in 2015, which would be an employment growth rate of 1.7 percent.
In their paper, "Labor Market Fluidity and Economic Performance," the authors trace the long-term decline of fluidity to several factors, including a shift away from younger businesses, a loss of entrepreneurial dynamism, an aging workforce, and policy developments that discourage worker and job reallocation.
In the United States, your nationality has some effect on your likelihood to be employed--but being married matters more. For women, it matters a lot more.
Offering expert insight into topics ranging from global financial trends to risk mitigation to building a successful career, 16 outstanding commercial real estate investors spent the morning of Friday, Oct. 3, treating some 300 listeners to a remarkably comprehensive set of perspectives on their industry.
Not long after the World Wide Web gained acceptance by the general public in the early 1990s, scholars, policy makers, and others detected significant discrepancies in use among different groups of people. Dubbed the “digital divide,” the gaps in usage were especially significant along socioeconomic and racial/ethnic lines. While the digital divide has narrowed as technologies become ubiquitous throughout society, discrepancies still exist.
The effects of discrimination are long-lasting, both for the aggressor and the persecuted — passed through the years, consciously or not. Previous research has shown a striking historical persistence of anti-Semitic views, and, according to new research from the University of Chicago Booth School of Business, areas in which Jewish people historically were persecuted have lower stock market participation today.
Customers care more about their past experiences with service firms when the economy is doing well, according to a research team from the J. Mack Robinson College of Business at Georgia State University.
American women, on average, can pinch an extra inch and a half of flesh around their middles, and men just under an extra inch, proof that many continue to lose in the Battle of the Bulge. The average waist size increased from 37.6 inches to 38.8 inches according to a survey conducted by the U.S. Centers for Disease Control and Prevention (CDC) documenting Americans between 1999 and 2012. "While the recession may have shrunk the economy, Americans’ waist size continued to balloon during this period," says Jessica Bartfield, MD, Loyola University Center for Bariatric Surgery & Metabolic Health.
The results of a HR@Moore survey of chief HR officers at Fortune 500 companies provides the first factual data on how firms have been impacted by PPACA and how they are responding to the rising costs they report.
State legislators are more attentive to wealthy citizens’ political opinions when making policy decisions, but stricter regulations on professional lobbyists can help curb the trend and promote more equal political representation, Baylor study finds.
A new study from a team of Swarthmore professors illustrates how the Federal Reserve was aware of potential problems in the financial markets prior to 2008, but did not take the threats seriously.
New research finds that for many goods, the most important factor in pricing is whether the countries use different currencies.
The region’s petroleum business generates billions of dollars, thousands of jobs.
Autism cases aren't up just because mental health professionals are overdiagnosing the disorder. A study by two researchers using market theory shows the disorder really is more prevalent.
Economic growth in North Carolina is expected to grow at a sluggish pace in 2015 with no significant growth expected for the remainder of 2014, UNC Charlotte economist John Connaughton reported today in his quarterly forecast for the state.
Trustees could use the data to try to get the $585 million for ecosystem improvements and more fish in the Gulf.
A new report from the UMass Amherst Political Economy Research Institute and the Center for American Progress shows that the United States can cut its carbon pollution by 40 percent from 2005 levels and create a net increase of 2.7 million clean energy jobs in the process, reducing the unemployment rate by 1.5 percentage points.
The economic impact is felt in all industries that provide support, from drilling to housing and retail. This study provides estimates of the 2013 economic impact of the Permian Basin’s oil and gas industry, and examines these impacts at the county level as well as in the context of the overall Permian region, the Texas portion of the region and the New Mexico portion of the region. In addition to traditional economic impacts, this report includes a petroleum engineering-based analysis that provides the backbone for economic activity generated by the oil and gas industry.
Financial hardship, or feeling that one can’t make ends meet, may be more predictive of health risk behaviors than actual income levels for people with low-incomes, finds a recent study in the American Journal of Health Promotion.
Kevin Daniels, president of Nitze-Stagen & Co. and Daniels Real Estate, and Mike Powe, senior research manager for the Preservation Green Lab of the National Trust for Historic Preservation, are national experts in trends and opportunities within sustainability and green construction.
To get the most enjoyment out of our dollar, science tells us to focus our discretionary spending on experiences such as travel over material goods. A new Cornell University study shows that the enjoyment we derive from experiential purchases may begin even before we buy.
Though the collective measure of financial trust is up, driven mainly by more positive attitudes toward banks and the stock market, Americans are concerned about growing income inequality and would like to see improvements in the country’s educational system as a starting point to address that inequality, according to the latest Chicago Booth/Kellogg School Financial Trust Index.
A team of scientists from the Virginia Tech Carilion Research Institute and the University of California at Berkeley used advanced imaging techniques to study how the brain makes choices about honesty.
Kansas State University financial planner finds most universities are lacking a financial education program. She outlines the different types of successful programs and how to get started.
Consumer sentiment among Floridians remained flat at a post-recession high of 82 for the third consecutive month in August, according to a University of Florida survey.
Growing up poor can influence people's sense of control and in turn may lead them to more impulsive decision-making and quickly give up on challenging tasks in uncertain situations, according to new research published by the American Psychological Association.
The “Great Recession” may have put a dent in many older adults’ pocketbooks, but a new study by Baylor University found that more than 40 percent reported a decrease in “financial strain” between 2006 and 2010.
New research finds that less profitable, rather than less efficient companies were more likely to be acquired. When more profitable companies acquire less profitable companies, the successful sales and management practices of the buying company are spread around, making better use of existing productivity and boosting the profitability of the purchased firm.
The “Great Recession” may have put a dent in many older adults’ pocketbooks, but a new study, which will be presented at the 109th Annual Meeting of the American Sociological Association, finds that more than 40 percent reported a decrease in “financial strain” between 2006 and 2010.
Is a man without a four-year college degree better off trying to land a well-paying but insecure job in traditionally male fields such as manufacturing or construction, or should he consider lower-paying but steadier employment in a female-dominated field?
Nearly 40 percent of women who earn engineering degrees quit the profession or never enter the field, and for those who leave, poor workplace climates and mistreatment by managers and co-workers are common reasons, according to research presented at the American Psychological Association’s 122nd Annual Convention.
The pursuit of true happiness can lead people to lifestyles that will not only be satisfying but will be better for the environment, according to an overview of psychological research presented at the American Psychological Association’s 122nd Annual Convention.
In his paper “Trade Wars and Trade Talk with Data,” Ralph Ossa, associate professor of economics, looks at tariffs that would be levied if there were no fear of retaliation; retaliatory tariffs in a worldwide trade war; and tariffs that are negotiated cooperatively.
Traditionally, strawberry growers spray weekly to preserve their crop. But a UF/IFAS model can help them save more than $1 million in a decade-span on an average 26-acre farm by telling them optimal times to spray.