Tag: Economics

Financial boom or bust: University of Kentucky expert analyzes economic impact of the Olympics

sarah JonasFeature

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.

Chula Ranks No.1 in Thailand for 32 Subjects in the QS World University Rankings by Subject 2024

sarah JonasAnnouncement

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.

Paper: Multistate foodborne illness outbreaks impact restaurant stock price, public perception

sarah JonasResearch Results

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.

The advantage of digital-native brands setting up physical brand stores—and the challenge of preventing sales losses in existing channels

sarah JonasResearch Results

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.

“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

sarah JonasExpert Pitch

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…

Economic expert explains why Halloween has already invaded retail stores

sarah JonasFeature Expert

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

sarah JonasResearch Results

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.

Pandemic-era Medicaid benefits expire, expert explains economic impact

sarah JonasExpert Pitch

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.

Electrification push will have enormous impacts on critical metals supply chain

sarah JonasResearch Results

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

sarah JonasFeature

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.

Netflix password sharing outrage can be explained by behavioral economics, says expert

sarah JonasFeature 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’

sarah JonasExpert Pitch

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

sarah JonasExpert Pitch

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.

Q&A: UW historian explores how a Husky alum influenced postcolonial Sudan

sarah JonasFeature Expert

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.

Climate Change Consensus Endures in Florida

sarah JonasResearch Results

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.

Expert Available to Comment on Oil Production Cuts

sarah JonasExpert Pitch

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…

Female Managers Pay Fairer

sarah JonasResearch Results

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.