Erin Cox, an associate Extension specialist for Family and Community Economics for Virginia Cooperative Extension, has some tips to help consumers reduce personal debt and make positive personal finance changes in the new year. Create a plan, make a budget, and stick to it. “Health and financial well-being go hand in hand. Don’t have a passive relationship with your finances.
Tag: Economics
Notre Dame’s College of Arts & Letters launches ND Population Analytics to accelerate policy-relevant work through big data
The College of Arts & Letters at the University of Notre Dame has launched a data-focused research effort that will foster and advance multidisciplinary work on a wide range of pressing demographic issues facing society, including poverty, rising inequality, declining health in the United States, family instability and falling religious participation.
Notre Dame’s Pulte Institute joins global consortium using research to end poverty
The United States Agency for International Development (USAID) has awarded $75 million to a consortium of leading global institutions, including the Pulte Institute for Global Development at the University of Notre Dame’s Keough School of Global Affairs, to enhance the effectiveness of poverty alleviation programs through research.
2025 economic outlook amid presidential transition: MSU experts can comment
The economy was the top issue for voters in the 2024 presidential election with many Americans feeling the pinch of higher gas and food prices. From foreign conflict in the Middle East to port workers striking for collective bargaining efforts, as well as voters approving minimum wage raises in several states, the U.S. economy continues to lead in many headlines. That said, economists and experts at Michigan State University are available to comment on the economic forecast for the coming year, speaking specifically to the potential implications of tariffs, the stock market, automotive issues and electric vehicles, food prices and agriculture, and education.
The return of protectionism: The impact of the Sino-US trade war
This paper reviews the Sino-US trade war, analyzing its background, evolution, and economic consequences on both countries and the global economy. It also explores the reshaping of supply chains and the interplay between trade and industrial policies.
When countries hide their true public debt, they hurt themselves, their citizens and their lenders
Global public debt may soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by 2030. New research from a Notre Dame economist suggests that this could happen even sooner, thanks to countries’ hidden debts. This misreported debt can lead to higher interest rates for borrowers and lower recovery rates for lenders, suggesting indirect adverse effects on global financial stability and consumer welfare.
CSUF Political Science Faculty Offer Expertise on Major Issues of the 2024 Elections
Political science faculty members and elections experts can speak to key issues of the 2024 elections including the economy, Supreme Court appointments, taxes, and racial and gender inequality. The university is also hosting ballot-related discussions through Election Day. Politics, Administration…
Cal State Fullerton Named in Washington Monthly’s Top 20 ‘Best Bang for the Buck’ Colleges: West in 2024
Cal State Fullerton earned the No. 16 spot out of 201 colleges on Washington Monthly’s 2024 list of America’s Best Bang for the Buck Colleges: West, moving up from No. 19 on the 2023 list.
Financial boom or bust: University of Kentucky expert analyzes economic impact of the Olympics
A global spectacle, the Olympics often brings promises of economic prosperity to host cities.However, the financial outcomes can be double-edged. While some cities experience a lucrative boost in tourism and infrastructure, others struggle with massive debts and underutilized facilities.In the Q&A below, Michael Clark, director of the Center for Business and Economic Research (CBER) in the Gatton College of Business and Economics, discusses the real costs and benefits that come with the grandeur of the Games.
A Review of charging infrastructure requirements for US electric light-duty vehicles
Abstract The US electric vehicle (EV) market has grown exponentially, thanks in part to ambitious EV sales targets, vehicle purchase incentives, and investments in EV manufacturing. To continue expanding the market, charging infrastructure investment needs to be adequately aligned with…
A Review of charging infrastructure requirements for US electric light-duty vehicles
Abstract The US electric vehicle (EV) market has grown exponentially, thanks in part to ambitious EV sales targets, vehicle purchase incentives, and investments in EV manufacturing. To continue expanding the market, charging infrastructure investment needs to be adequately aligned with…
Herpes Infections Take Major Economic Toll Globally, New Research Shows
The first-ever global estimate of the economic costs of genital herpes infections shows billions of dollars of health care expenditures and productivity losses.
Tidal Innovations: Charting the Course for Coastal Urban Sustainability
A recent study unveils the geographical features and development models of global estuarine cities. These cities, situated at the confluences of rivers and oceans, exhibit unique ecological and socioeconomic characteristics.
Stagflationary Environment Likely and SoCal in a Slowdown
The threat of a recession has been replaced by a slow and steady stagflationary environment of rising prices and sluggish economic growth, say Cal State Fullerton College of Business and Economics economists Anil Puri and Mira Farka.
COVID-19-induced financial hardships reveal mental health struggles
Economic researchers at the University of South Australia have examined the mental health effects on people who experienced financial setbacks during the height of the COVID-19 pandemic.
Chula Ranks No.1 in Thailand for 32 Subjects in the QS World University Rankings by Subject 2024
The latest results of the QS World University Rankings by Subject 2024 have been announced on April 10, 2024. Chulalongkorn University is ranked No. 1 in Thailand for 32 subjects and Top 200 in the world with 30 outstanding subjects.
Baltimore bridge collapse, port closure leads to supply chain concerns: Experts available for comment
In the wake of the Francis Scott Key bridge collapse on March 26, most of the Port of Baltimore’s freight and oil terminals, East Coast and international supply chains may be at risk of a longer closure, according to supply…
UIC Urban Forum to consider Chicago’s next 50 years
University of Illinois Chicago event examines Chicago’s next 50 years and how to face the most pressing problems in planning, economics, climate and neighborhoods.
Michigan Ross Professor Shares Ideas to Ease Housing Crisis
A proposal developed by a University of Michigan business expert and others to help ease the U.S. housing crisis is being shared with federal housing officials.
Michigan Ross Experts Share Insights on Vibes, Tribes and Effects on Attitudes Toward Economy, Election
Announced in October 2023, the University of Michigan’s Ross School of Business and the Financial Times are partnering on a monthly poll to track how American voters perceive financial and economic issues in the lead-up to the 2024 US presidential…
Paper: Multistate foodborne illness outbreaks impact restaurant stock price, public perception
As demand for food from restaurants soars in the U.S., so does the importance in understanding the impacts of foodborne illness outbreaks. A new paper co-written by a University of Illinois Urbana-Champaign expert in food marketing and food policy finds that outbreaks spanning multiple states bring swift financial losses, increased media attention and a public-relations hit that makes smaller outbreaks more financially damaging.
Michigan Ross Professor Jerry Davis Examines Polarizing Voter Sentiments During First Three Months of the Michigan Ross-Financial Times Poll
Announced in October 2023, Michigan Ross and the Financial Times are partnering on a monthly poll to track how American voters perceive financial and economic issues in the lead-up to the 2024 US presidential election. The poll will run for 12 months leading up to the election.
Optimizing office environments for work efficiency and health of worker
Researchers examine the economic benefits of enhancing various elements in office spaces in Tokyo for improved work efficiency and health
More animal welfare or more environmental protection?
Which sustainability goals do people in Germany find more important: Animal welfare? Or environmental protection? Human health is another one of these competing sustainability goals.
The biggest barrier to getting fossil fuel workers green jobs isn’t skills — it’s location
Between the Inflation Reduction Act and the EU’s Just Transition Mechanism, both the United States and Europe are poised to put tens of billions of dollars toward creating green jobs.
The advantage of digital-native brands setting up physical brand stores—and the challenge of preventing sales losses in existing channels
Researchers from Erasmus School of Economics at Erasmus University Rotterdam, KU Leuven, Universität zu Lübeck, Christian-Albrechts-Universität zu Kiel, and FoodLabs published a new Journal of Marketing article that investigates the multichannel impact of brand stores by digital-native FMCG brands.
RUDN Economist Told How to Increase Future Productivity When Humans are colleagues With Robots
The RUDN University economist explored what the labor market of the future will be like, where humans and itelligent machines will work together. The authors have identified which of them will make the main contribution to productivity growth – and these are not robots.
Potential effects of shutdown range from higher interest rates, recession & catastrophic effects on taxes, SS benefits
The economic impact of the federal government shutdown Potential economic effects of a shutdown of the federal government range from higher interest rates to a potential recession to catastrophic long term effects on taxes and Social Security benefits. Virginia Tech…
“The American automobile industry is under so much pressure, global competitive pressure, that we simply cannot afford an escalation of this strike,” says Virginia Tech economics expert
David Bieri is an associate professor of urban affairs in the School of Public and International Affairs and an associate professor of economics. He also holds an appointment in the Global Forum on Urban and Regional Resilience. His teaching interests are at…
How local communities depend on the ivory palm tree in coastal Ecuador
The ivory palm tree, also known as tagua, is endemic to the Chocó-Darien region on the Pacific coast of South America. Two studies from the University of Illinois Urbana-Champaign and Pontificia Universidad Católica del Ecuador (PUCE) explore the ecosystem services provided by tagua in coastal Ecuador.
Solar powered irrigation: a game-changer for small-scale farms in sub-Saharan Africa
A new study, published in Environmental Research Letters, finds that standalone solar photovoltaic irrigation systems have the potential to meet more than a third of the water needs for crops in small-scale farms across sub-Saharan Africa.
Economic expert explains why Halloween has already invaded retail stores
Bewildering as the premature arrival of Halloween merchandise might seem, the impetus for retailers to get the jump on a holiday can be readily explained as simple economic behavior. Jadrian Wooten, a Virginia Tech professor of economics, explained what drives these early holiday displays.
Curbing waste improves global food security but has limited environmental benefits
Reducing waste is one way to help combat hunger around the world, but stricter control over food loss and waste does not lead to better environmental outcomes, according to researchers at the University of California, Irvine and the University of Colorado Boulder. In a paper published recently in Nature Food, the scientists stress that curbing food spoilage increases the amount of produce in markets, which leads to lower costs.
Finance expert explains why people are turning to AI for investment advice
With ChatGPT and other artificial intelligence systems making waves, some people are turning to AI for financial planning, according to one West Virginia University researcher. The AI-powered financial planning service “robo-advising,” or automated investing, is relatively new but rapidly expanding,…
Hopkins Carey Business School names world-renowned economist Michael Keane as new Wm. Polk Carey Distinguished Professor
Michael Keane, PhD, was recently named the Wm. Polk Carey Distinguished Professor in Business at Johns Hopkins Carey Business School
Pandemic-era Medicaid benefits expire, expert explains economic impact
Medicaid benefits were expanded during the COVID-19 pandemic to cover low-income patients without a need for them to prove their eligibility or to reapply. At the end of March, those benefit expansions expired, and states have begun reviewing the Medicaid rolls to remove those who do not qualify, a process that could create new hardships for millions of Americans.
Labor market expert available to discuss four-day workweek
As the largest trial for a four-day workweek wrapped up this month in the U.K., a handful of states are considering incentives for businesses to make the shift. Peter Orazem, University Professor of Economics at Iowa State, says the concept…
Electrification push will have enormous impacts on critical metals supply chain
The demand for battery-grade lithium, nickel, cobalt, manganese and platinum will climb steeply as vehicle electrification speeds up and nations work to reduce greenhouse gas emissions through mid-century. This surge in demand will also create a variety of economic and supply-chain problems, according to new Cornell University research published in Nature Communications.
New book explores ways to combat economic injustice in America
How can the United States, one of the wealthiest nations on earth, have the highest rates of poverty among industrialized nations? In a new book based on decades of research, renowned poverty expert Mark Rank, a professor at the Brown School at Washington University in St. Louis, develops a unique perspective for understanding this puzzle.
The global economics of climate action
A new assessment reviews innovative, integrated research that underpins the economic case for strong near-term climate action.
Netflix password sharing outrage can be explained by behavioral economics, says expert
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.
Economics expert explains how consumer price reports show ‘inflation is not done yet’
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.
Economics expert available to speak about outlier repercussions of Russian invasion of Ukraine
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.
Economics researcher weighs in on bigger bets for ‘Big Game’
Brad Humphreys, associate dean for academic affairs and research and economics professor in the John Chambers College of Business and Economics, explains how the the legalization of sports gambling in many states has affected Super Bowl bets.
Q&A: UW historian explores how a Husky alum influenced postcolonial Sudan
Christopher Tounsel, associate professor of history at the University of Washington, found multiple connections between Sudan and Seattle while researching his upcoming book. The most prominent was the late Andrew Brimmer, a UW alum who in 1966 became the first Black member of the Federal Reserve Board of Governors.
Dollar Stores Are Growing as Food Retailers in the U.S.
Tufts University researchers have found that dollar stores are now the fastest-growing food retailers in the contiguous United States—and have doubled their share in rural areas. Households with more purchases at dollar stores also tend to be lower-income and headed by people of color.
Study reveals the true value of elephants
An international team of researchers has mapped out the values and benefits of elephants to help overcome conservation challenges and conflict.
Education boosts entrepreneurship in high growth industries
A new study finds additional years of education boost entrepreneurship in high growth industries in the U.S. The overall effect is greater for women compared to men.
Anticipate the “day-after” feeling to avoid holiday overspending, expert says
To avoid holiday overspending this year, Binghamton University consumer behavior expert Subimal Chatterjee offers a helpful tip.
Food pantry access worth billions nationally, study finds
A research collaboration between Cornell University and the U.S. Department of Agriculture offers the first estimates of the economic value contributed by food pantries, and finds it is substantial – worth up to $1,000 annually to participating families and as much as $28 billion nationwide.