Faster Rising Paychecks Are the Real Recovery Indicator
Cornell University
On March 6, the state of Maine became the first in the United States to make college savings for newborns universal and automatic, putting into practice research pioneered by Michael Sherraden and the Brown School’s Center for Social Development at Washington University in St. Louis.
Tomas Dvorak, associate professor of economics and senior Jigme Norbu co-authored "Do Mutual Fund Companies Eat Their Own Cooking?" in a recent issue of "The Journal of Retirement"
Household wealth for Americans still has not recovered from the recession, despite last summer’s optimistic report from the U.S. Federal Reserve, a new study suggests.
An upcoming law review article suggests the Internal Revenue Service should do a better job determining whether a recent wave of nonprofits the author terms “regional economic development organizations” (REDOs) are actually charitable and should be tax exempt. Professor Matthew Rossman’s research at Case Western Reserve University School of Law suggests the IRS can adapt its private benefit doctrine to REDOs. He proposes the phrase “trickle down charity” to describe economic development practiced by such organizations. He writes that no matter how altruistic the organization's objectives, it is not a charity if it mainly benefits private individuals or enterprises.
Entrepreneurs and owners of small start-up businesses in rural areas must successfully pitch their ventures to “faraway, unknown banking officials” to survive, rather than relying on local lenders as in the past, according to a Baylor University study.
Retiring CEOs issue earnings forecasts more frequently during their final year of employment, and these forecasts tend to be more likely to convey good news than those released during pre-terminal years, according to a new study.
Corporations with board directors who have investment banking experience are more likely to acquire other businesses – and make better acquisitions when they do – according to a new study from the University at Buffalo School of Management.
An executive order increasing the minimum wage will have minimal benefit, said Peter Orazem, a University Professor of economics at Iowa State University. In fact, Orazem said increasing the wage for all employees would do little to help workers or the economy.
Uncertainty created by political stalemates such as the recent government shutdown have a greater impact than government policies on businesses' ability to innovate -- a key factor fueling economic growth -- according to a new study from Indiana University's Kelley School of Business.
Lafayette College researchers who took a closer look at debt struggles and weight differences between men and women found that for men, having trouble paying the bills tends to reduce the probability of being obese, while it appears to raise the probability of obesity for women.
UofL's Anne Braden Institute for Social Justice Research produced a 20-year plan to improve fair housing in Kentucky's largest city.
A recent nationwide online survey of U.S. consumers by Kansas State University found that freshness and safety were the most important values consumers placed on buying popular livestock products, including milk, ground beef, beef steak and chicken breast. Consumers felt environmental impact, animal welfare, origin and convenience were least important when making food purchasing decisions.
Income inequality is making Americans sick, according to a groundbreaking Social Science and Medicine article by Jonathan Metzl and Helena Hansen.
Communities across the United States experienced an unprecedented decline in crime in the 1990s. But for counties where Wal-Mart built stores, the decline wasn’t nearly as dramatic. The study, titled “Rolling back prices and raising crime rates? The Wal-Mart effect on crime in the United States,” released last month in the British Journal of Criminology, was written by Scott Wolfe, assistant professor of criminology and criminal justice at the University of South Carolina.
All eyes turn to Sochi, Russia, for the 2014 Winter Olympics this week as athletes compete to take the gold. But what happens to the city and sporting facilities that have been built for the event once everyone returns home? It's a question Scott Holladay, an assistant professor of economics at the University of Tennessee, Knoxville, has considered. He's studied the overall impact of the Olympics on a host city's long-term growth.
A new academic paper about potential conflict of interest in large retail brokers’ routing of limit orders has stirred controversy on Wall Street and caught regulators’ attention -- even before the paper has been submitted to a journal. While some in the industry have compared the study’s possible impact to an earlier one that reformed Nasdaq trading, the authors caution that the paper is not yet final and the findings should be taken in proper context.
Have American jobs become less stable? Do workers change employers more frequently than in the past? Many Americans would probably say the answer to these questions is an obvious yes. Yet, for the past few decades researchers looking at the data haven’t been so sure: average job tenure (the number of years working for the same employer) has been surprisingly stable over time. In a new study, sociologists solve this puzzle.
Nearly one out of every three Cleveland homes sold by banks after mortgage foreclosures end up condemned, abandoned, boarded up or demolished, and a unique “hazard-rate” analysis shows that the failure rate for these transactions is five times higher for larger investors and out-of-state buyers than for small investors, according to a new study by local housing and urban planning experts.
A new study from the University of Iowa shows evidence that stock price movements are, in fact, predictable for up to 30 minutes after the stock leaves the confines of its bid-ask spread.
Last year, almost 900,000 low- and moderate-income tax filers participated in a unique tax preparation savings intervention program, depositing approximately $5.9 million more into savings accounts than they would have without the intervention. As the 2014 tax season opens, the Refund to Savings (R2S) initiative continues.
Unemployment will fall, inflation will simmer and the Dow will pop almost 500 points by the end of 2014, according to the predictions of economist Alan R. Beckenstein, professor of business administration at the University of Virginia Darden School of Business.
Silverman, an associate professor of urban and regional planning, is leading a project to make recommendations about where the government should place affordable housing in 10 of the fastest-shrinking U.S. cities.
African-American men incurred $341.8 billion in excess medical costs due to health inequalities between 2006 and 2009, and Hispanic men incurred an additional $115 billion over the four-year period, according to a new study by researchers at the Johns Hopkins Bloomberg School of Public Health. The study looks at the direct and indirect costs associated with health inequalities and projects the potential cost savings of eliminating these disparities for minority men in the U.S.
Thirty-nine percent of unemployed Americans are experiencing long-term unemployment in the wake of the 2008 recession, which is more than double the percent unemployed more than six months but actively seeking work in 2007, according to new research about trends in long-term unemployment since the recession from the Carsey Institute at the University of New Hampshire.
Businesses spend billions to reach customers through online advertising but just how effective are paid search ads? Using data from eBay, economist Steven Tadelis at UC Berkeley’s Haas School of Business compared whether consumers are more likely to click on paid ads than on free, generic search results and found that advertisers may not be getting their money’s worth.
While print media continue to suffer at the hands of their online counterparts, new research from the University of Toronto Scarborough finds that print magazines with companion websites are able to attract more advertising dollars.
New research from Stanford shows that corporations with tarnished reputations can regain their financial value by undertaking broad-based goodwill efforts.