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.
Tag: Economics
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.
Cornell economist available on anticipated Fed rate hike
With the Federal Reserve expected to raise rates three-quarters of a point again this coming Wednesday, Robert Hockett, expert in financial and monetary law and economics at Cornell University, is available for interviews. Hockett says: “Corporate profit growth rates, now…
As prices climb, WVU expert encourages household spending review
With inflation at a 40-year high leading to higher prices for groceries, gas and other goods, a West Virginia University expert is offering some tips for saving on household expenses. Lauren Weatherford, a WVU Extension family and community development agent,…
Climate Change Consensus Endures in Florida
Seven sequenced surveys since October 2019 paint a comprehensive picture of Floridians’ climate resilience attitudes during a period of particularly dynamic political, economic and environmental events. Climate change has emerged as an abiding and cross-cutting issue in Florida.
September jobs report: Expect growth, early signs of economic stall
On Friday, the U.S. Bureau of Labor Statistics will release unemployment figures for the month of September. Russell Weaver, an economic geographer with Cornell University’s ILR School Buffalo Co-Lab, says while Friday’s BLS data is expected to show job growth,…
Expert Available to Comment on Oil Production Cuts
Supply chain expert Shaya Sheikh, Ph.D., associate professor of management and marketing studies at New York Institute of Technology, is available to comment on the OPEC+ alliance decision to cut two million barrels of oil production. Sheikh, who researches the energy supply…
Is pumpkin spice basic? No, it’s economics, expert says
Pumpkin spice lattes are back on the menu – and a Virginia Tech economist says the sudden desire for pumpkin spice and apple cinnamon treats this time of year is a great example of how scarcity, and emotion, can drive…
Female Managers Pay Fairer
There are two levels of reference for the elementary question of an appropriate remuneration of work: the markets with their structure of supply, demand, and productivity as well as the needs of the employees. Operationally decisive, however, is also what managers are guided by when assessing wages. A study recently published in PLOS ONE by researchers at the Karlsruhe Institute of Technology (KIT) provides new insights into this issue.
August job report: ‘Economic tea leaves difficult to read’
On Friday, the U.S. Bureau of Labor Statistics will release unemployment figures for the month of August. Erica Groshen, senior economics advisor at Cornell, is a labor statistics expert. She was also the former commissioner of the U.S. Bureau of…
@UUtah economist talks about who does and doesn’t have student loan debt and about how people spend their money during the loan payment moratorium.
In the discussion around President Biden’s student loan forgiveness plan, one partisan point has come up repeatedly: that working class taxpayers shouldn’t pay off the debts of privileged college grads. But University of Utah economist Marshall Steinbaum says that’s not…
Sweetened beverage taxes produce net economic benefits for lower-income communities
New research led by University of Washington professors James Krieger and Melissa Knox found that sweetened beverage taxes redistributed dollars from higher- to lower-income households.
New Study Finds Transportation Expenses Drive Urban Cost of Living
Economists utilized an advanced version of an urban simulation model to study the determinants of housing cost in cities. They discovered that higher transportation costs have a greater impact on the cost of living than zoning restrictions.
NSU Expert Delivers Down-to-Earth Perspectives on Current Inflation and Gas Price Crises
Albert Williams, Ph.D. – Professor of Finance and Economics at Nova Southeastern University’s H. Wayne Huizenga College of Business and Entrepreneurship. Williams has experience working with print and broadcast media and specializes in research focusing on managerial economics, statistics, monetary…
Your groceries are shrinking due to COVID-19, Ukraine war
Companies are shrinking the size of their products to increase profits in a process known as shrinkflation, and global crises like COVID-19 and the war in Ukraine are exacerbating the issue, according to an economics expert at Binghamton University, State…
May Jobs Report: “There’s never been a better time to look for a new job”
The U.S Bureau of Labor Statistics released its jobs report Friday, finding US employers added 390,000 jobs in May and the unemployment rate stayed at 3.6 percent for the third month in a row. The numbers signal to experts that…
Seattle democracy vouchers increase donations, number of candidates in city elections
A new study from Alan Griffith, assistant professor of economics at the University of Washington, shows that Seattle’s democracy voucher program has increased the number of voters donating to city elections and the number of candidates in those elections.
Startups near state lines gravitate toward side with lower property tax
Researchers at Iowa State University found significantly different state tax rates affect where new businesses set up shop near state lines and that property taxes have the greatest adverse effect since new businesses may pay property taxes even if they are not generating any revenue.
Research Highlights That Working While in School Has Long-Lasting Effects on Human Capital Formation
Le Barbanchon (Bocconi) and co-authors analyze the effects of a well-designed Uruguayan work-school program: higher earnings and higher likelihood to be employed two years after the experience, and no sign of declining school attendance or lower grades
Women worldwide underrepresented in economics
Women are underrepresented in many academic professions.