Expert Pitch

Finance expert available to discuss paid leave, rental delinquency, impacts on small business amid coronavirus epidemic

17-Mar-2020 11:55 AM EDT, by University of Colorado Boulder

Emily Gallagher, an assistant professor of finance in the real estate track of the Leeds School of Business, can discuss how changes in paid sick leave, especially for those in low-income households, could impact the spread of the virus as well as mortgage and rental delinquencies longer-term.

She can also discuss the economic toll facing small businesses and the unemployed. Gallagher has published three recent studies exploring how health and health insurance impact financial wellbeing. 

“Lack of paid sick leave among lower income workers in the U.S., combined with under-insurance, could dramatically exacerbate the virus’ spread and its household financial impact,” she said. “This is a Keynesian moment.  The government must spend big to offset a coming drop in demand and keep consumers spending.”  Contact:[email protected]

Additional comments:

On the proposed paid leave bill: “The bill will help a lot of people. It has some potential issues, but it achieves that immediate goal of getting cash into a lot of people’s hands before rent comes due on April 1. Fiscal policy should be heavily focused on helping hourly workers and as soon as possible."

On the impact on small businesses: “Beyond the immediate paid leave / pay-roll problem, small businesses are going to be hard hit.  The government should consider cash assistance to small businesses, not just low-interest (disaster-like) loans.”

On unemployment assistance: “What's really lacking is help for the unemployed.  We are likely to see a spike in layoffs in service industries, especially those in travel and dining.  As those workers reduce their spending, and skip bill payments, the pain will spread to other industries.  A sharp, but temporary, increase in unemployment benefits would help a lot here.”

 




Filters close

Showing results

110 of 5636
Released: 13-May-2021 7:05 PM EDT
FLCCC Statement on the Irregular Actions of Public Health Agencies & the Disinformation Campaign Against Ivermectin
Front Line COVID-19 Critical Care Alliance (FLCCC Alliance)

FLCCC Alliance calls for whistleblower to step forward from within WHO, the FDA, the NIH, Merck, or Unitaid to counter this misrepresentation

Newswise: shutterstock_1724336896.jpg
Released: 13-May-2021 12:55 PM EDT
Kreuter receives $1.9 million in grants to increase vaccinations in St. Louis
Washington University in St. Louis

Matthew Kreuter, the Kahn Family Professor of Public Health at the Brown School, has received $1.9 million in grants to help increase COVID-19 vaccinations among Blacks in St. Louis City and County.

Released: 13-May-2021 11:35 AM EDT
COVID-19 mRNA Vaccines are Immunogenic in Pregnant and Lactating Women, Including Against Viral Variants
Beth Israel Deaconess Medical Center

In a new study from Beth Israel Deaconess Medical Center researchers evaluated the immunogenicity of COVID-19 mRNA vaccines in pregnant and lactating women who received either the Pfizer or Moderna COVID-19 vaccines. They found that both vaccines triggered immune responses in pregnant and lactating women.

Released: 13-May-2021 10:30 AM EDT
Pandemic stigma: Foreigners, doctors wrongly targeted for COVID-19 spread in India
Monash University

The Indian public blamed foreigners, minority groups and doctors for the rapid spread of COVID-19 across the country during the first wave, due to misinformation, rumour and long-held discriminatory beliefs, according to an international study led by Monash University.

Released: 13-May-2021 9:15 AM EDT
28 Community Programs Receive Grants Through Penn Medicine CAREs Program
Perelman School of Medicine at the University of Pennsylvania

Penn Medicine CAREs awarded grants to 28 projects, many of which aim to fill vast needs in the community created by the COVID-19 pandemic, while others seek to improve diversity, equity, and inclusion.

Released: 13-May-2021 9:00 AM EDT
How to Win Over Vaccine Skeptics: Live Expert Panel for May 20, 3pm ET
Newswise

How to Win Over Vaccine Skeptics: Live Expert Panel for May 20, 3pm ET

Released: 13-May-2021 8:00 AM EDT
Dental procedures during pandemic are no riskier than a drink of water
Ohio State University

A new study’s findings dispel the misconception that patients and providers are at high risk of catching COVID-19 at the dentist’s office.

Newswise:Video Embedded lung-damage-not-the-culprit-for-post-covid-exercise-limitations
VIDEO
Released: 13-May-2021 7:00 AM EDT
Lung Damage Not the Culprit for Post-COVID Exercise Limitations
American Physiological Society (APS)

A new study suggests the lungs may not be the main factor that reduce exercise ability in people recovering from severe COVID-19. Anemia and muscle dysfunction also play a role. The study is published ahead of print in the Journal of Applied Physiology. It was chosen as an APSselect article for May.


Showing results

110 of 5636

close
1.99701