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UrduLe 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
Tag: Economics
Women worldwide underrepresented in economics
Women are underrepresented in many academic professions.
Wind and solar could power the world’s major countries most of the time
With the eyes of the world on the United Nations COP26 climate summit in Glasgow, Scotland, strategies for decarbonizing energy infrastructure are a trending topic. Yet critics of renewables question the dependability of systems that rely on intermittent resources. A recent study led by researchers at the University of California, Irvine tackles the reliability question head-on.
Fed tapering could spur investment, increase labor demand
On Nov. 3, the Federal Reserve announced it would begin reducing the pace of its monthly bond purchases, a step toward more normal monetary policy. Erica Groshen is senior economics advisor at the Cornell University School of Industrial and Labor Relations,…
Our Brains May Think Two Steps Ahead When Trying to Sway Others
Humans are able to think a few steps ahead in non-social situations, such as navigating a new hiking trail or planning a vacation. A Mount Sinai study now shows that we may also do this when interacting with other people.
How grocery shoppers spend differently during times of personal and macro economic change
Researchers from the University of Cologne and University of Bremen published a new paper in the Journal of Marketing that examines how micro and macro conditions influence grocery shopping behaviors in different ways.
Eliminating cash could benefit average U.S. families
Soon, $50 and $100 bills may be a thing of the past.
US Subsidies Boost the Expected Profits and Development of New Oil and Gas Fields
Researchers at the Stockholm Environment Institute (Somerville and Seattle, USA) and Earth Track, Inc. (Cambridge, MA, USA) examined 16 subsidies and environmental regulatory exemptions, providing one of the first estimates of how government subsidies will affect investment decisions for new gas fields in the coming decade.
New economic dashboard could serve as early warning system for state-level recessions, other economic shocks
University of Notre Dame researchers developed the first near-real-time dashboard that tracks weekly state-level economic conditions.
In Wake of European Commission Fines on Carmakers, Economists Assess the Societal Cost of Corporate Collusion on Emissions Technology
There are several ways for a business to make a dollar, and an often illegal one is collusion among corporations. But the usual practice is an agreement to keep prices high or quantities low. Less investigated, however, is collusion on non-compliance of regulations — and in the auto industry, those often mean environmental regulations.
Gen Z’s Anticipated Media Consumption during Tokyo Summer Olympics
Rutgers expert explains how brands can reach this demographic When the Olympics opens this week in Tokyo, sponsors will be keeping their eye on one particular demographic to see if they are watching: Generation Z. Now the largest consumer segment,…
What’s next: The ongoing urban exodus
Many employees have come to prefer working from home after being forced to do so more than a year ago when the pandemic started. By some estimates, at least one-quarter of employees will still be working remotely multiple days a week at the end of 2021. For those whose jobs allow it, being untethered from the office might mean moving farther away from it – by a few miles or a few hundred.
From farm to plate: Where do global consumer dollars flow?
A team of researchers, led by Cornell University professors Chris Barrett and Miguel Gómez, has developed the “Global Food Dollar” method, which distributes the consumer’s net purchasing dollar across all farm and post-farmgate activities.
Ithaca College Graduates Encouraged to Find A Gift in the Losses
Emmy-nominated television creator and producer Liz Tigelaar told some 1,300 Ithaca College graduates that the beauty in life comes in the questions and the unknowns, and to relish being in a moment where there is so much to discover. A 1998 IC graduate herself, Tigelaar was the main speaker at the college’s 126th Commencement ceremonies held on Sunday, May 23.
Rural America primed for mileage if $2 trillion infrastructure plan passes
Rural communities help fuel the nation, though decades of aging and deteriorating infrastructure have stifled the potential of the American economy and way of life, according to West Virginia University experts. A proposed $2 trillion federal infrastructure plan, announced by…
UCI study finds that California Competes Tax Credit program creates jobs
Irvine, Calif., April 15, 2021 — Finally, an economic development tax incentive program that works – that’s the conclusion of an analysis by researchers at the University of California, Irvine. They found that each job incentivized under the California Competes Tax Credit led to more than two additional people working in that location.
Ag experts available as spring planting approaches
Chad Hart, professor of economics and grain markets specialist, Iowa State University 515-294-9911, [email protected] Corn and soybean prices have risen 50-60% from where they’ve been over the past few years, and Hart said that will incentivize farmers across the country…
Not Prosecuting Misdemeanors Reduces Likelihood of Re-arrest, New Study Finds
Defendants prosecuted for non-violent misdemeanors such as motor vehicle, drug and disorder/theft charges have substantially higher risks of future arrest and prosecution than those not charged, according to a new Rutgers University-New Brunswick report.
As EVs take off, semiconductor demand to rise amidst chip shortage
President Biden is meeting with lawmakers on Wednesday to discuss a critical global shortage of semiconductors — computer chips used in cars, consumer electronics and weapons systems. The administration is also expected to order a 100-day review of U.S. supply…
Environmental policies not always bad for business, study finds
Critics claim environmental regulations hurt productivity and profits, but the reality is more nuanced, according to an analysis of environmental policies in China by a pair of Cornell economists.
GameStop trade clash roils the market, but economic fundamentals will prevail
What should we make of the spikes in the stock prices of companies like GameStop and AMC Entertainment? Has the pandemic suspended the laws of economics as they apply to share prices? Is there something more nefarious going on? Some brokerage…
‘Little guys sticking it to Wall Street?’ WVU expert explains how Redditors gamed the stock market
MORGANTOWN, W.Va. – One West Virginia University financial expert believes the recent stock surges of GameStop and other companies undermine public confidence in the market and could ultimately harm the economy. A coordinated effort by individual traders on social media…
Society for Risk Analysis Inducts Three Visionaries to the Pantheon of Risk Analysis
The Society for Risk Analysis (SRA) inducted Eula Bingham, Steve Rayner and Martin Weitzman to the Pantheon of Risk Analysis. The Pantheon, established in 2008, recognizes luminaries and visionaries in risk analysis and serves to illustrate how the field contributes to the advancement of knowledge and public good.
North Carolina’s Economic Forecast: Steady growth for 2021
North Carolina’s economy – which experienced its biggest decline since the Great Depression – will bounce back in 2021, according to John Connaughton, director of the Barings/UNC Charlotte Economic Forecast.
Male-dominated background affects CEOs’ decisions, new study finds
Male CEOs who experienced gender imbalance in their formative years are more likely to promote women into peripheral divisions of their companies and give them less capital, according to a recent study by W. P. Carey School of Business Professor Denis Sosyura.
IU experts available to comment on economic challenges facing President-elect Biden
INDIANAPOLIS and BLOOMINGTON, Ind. — Strengthening the U.S. economy is among the top priorities for President-elect Joe Biden. The U.S. Congress is gridlocked over a stimulus to support Americans struggling with unemployment, evictions and utility shut-offs tied to or exacerbated…
Each college graduate adds $2M to Georgia’s GDP
The lifetime earnings of each new four-year college graduate will increase Georgia’s gross domestic product by almost $2 million, according to a new study from the Selig Center for Economic Growth at the University of Georgia.
COVID-19’s effect on Halloween is more trick than treat
Let’s not sugarcoat it: the coronavirus (COVID-19) is hurting our holidays, even if it is, possibly, helping our teeth. A new University of Delaware study shows 42% of American households plan to consume less candy this year, and trick-or-treating could be down 41%.
NUS study finds that severe air pollution leads to higher food delivery consumption and plastic waste
When the air outside is bad, office workers are more likely to order food delivery than go out for lunch, which in turn increases plastic waste from food packaging, according to a study by researchers from the National University of Singapore.
2nd annual “Doing Business” report ranks North American cities by ease of doing business
The Center for the Study of Economic Liberty at ASU has released the second edition of its signature Doing Business North America report, which provides objective measures of business regulations across 130 cities in 92 states, provinces and districts in the U.S., Canada and Mexico.
Webinar: Social Transmission Bias in Economics and Finance
Maryland Smith and UBS host a discussion on how social transmission bias in economics and finance and how it affects social processes shaping economic thinking and behavior.
Mapping the Good and the Bad of Pandemic-Related Restrictions
Pandemics bring pain. But so do the prescriptions for containing them: From school closures to total lockdowns, every government-mandated approach to blunting the impact of COVID-19 involves a trade-off between lives saved and jobs lost.
Our energy hunger is tethered to our economic past
Current world energy consumption is tied to unchangeable past economic production. And the way out of an ever-increasing rate of carbon emissions may not necessarily be ever-increasing energy efficiency—in fact it may be the opposite.
NJ Maintains Economic Momentum, Defying National Trend
New Jersey’s economy is defying the national trend of a slowing recovery momentum from COVID-19-driven economic losses. The Garden State’s comeback is proceeding far faster than New York City’s recovery across the Hudson River, according to a new Rutgers report.
Economist with background in policy, research and academics appointed to advisory board of SBA’s Small Business Development Center
Joseph Guzman, executive director of the Economic Policy Institute at Northern Arizona University, will be a member of the nine-member board that advises, counsels and confers with the leaders of the SBA in carrying out the administration’s programs.
Rensselaer Announces New Degree Program in Biotechnology and Health Economics
A new program in Biotechnology and Health Economics at Rensselaer Polytechnic Institute will equip students destined for a science-based career with the quantitative and modeling knowledge in economics needed to succeed in industry and consulting.
NUS study finds that air pollution is a driver of residential electricity demand
A study conducted by Associate Professor Alberto Salvo from the Department of Economics at the National University of Singapore Faculty of Arts and Social Sciences revealed that households respond to ambient air pollution by increasing electricity consumption, which in turn increases the carbon emissions that are co-produced in supplying the electricity.
Rutgers Expert Can Discuss Global Climate Change Mortality Study
New Brunswick, N.J. (Aug. 3, 2020) – Rutgers University–New Brunswick Professor Robert E. Kopp is available to discuss a major study released today on the global consequences of climate change on death rates. The study by the Climate Impact Lab,…
Continuing online instruction could contribute to widening achievement gaps by family income or socioeconomic status
The latest research from Notre Dame’s Chloe Gibbs explores how time spent in school affects children’s cognitive and non-cognitive outcomes. This research finds that more instructional time in the early years has important benefits for children over the short- and long-term, particularly children learning English and those from disadvantaged backgrounds.
Investing in the mind: Research explores the link between wages, school and cognitive ability in South Africa
Using data sets that only became available in recent years, researchers at Binghamton University, State University of New York analyzed the wage impact of cognitive skills in South Africa.
Older Americans may find it difficult to adapt to a cashless society brought on by COVID-19
A cashless society could be what consumer life after the COVID-19 pandemic looks like, but older Americans may find it hard to adjust to this new reality, according to Plamen Nikolov, assistant professor of economics at Binghamton University, State University…
Judges who’ve served with women more likely to hire women
Federal appellate judges are more likely to hire women to prestigious court clerkships after serving on panels with female colleagues, new Cornell research shows.
Pandemic research: Economics project to explore impact of biases on social distancing
With neither a vaccine nor a proven treatment available, many communities are relying on social distancing to battle the coronavirus pandemic. The problem: Not everyone agrees to follow these measures. A team of economists at Binghamton University, State University of New York is studying the phenomenon for a new research project.
Quick Take: After COVID-19, When Will Las Vegas’ Tourists Return?
Beginning in 2007 through 2009, the Great Recession affected Las Vegas more than anywhere else in the United States. The Las Vegas’s economy will, once again, be dealt a difficult hand as a result of the COVID-19 global pandemic, according to Stephen M. Miller, director of the Center for Business and Economic Research (CBER) and economics professor at Lee Business School.
How soon can the economy recover from the COVID-19 recession?
There’s no doubt the COVID-19 pandemic has put the United States into a recession, says an economist who is the associate dean of the College of Business at The University of Alabama in Huntsville (UAH), so now the question on everyone’s mind is when business will get back to normal.
West Virginia’s economy is vulnerable to a heavy hit from COVID-19
As West Virginia continues its fight against the rapidly spreading novel coronavirus, a regional economist at West Virginia University sees vulnerabilities in the state’s industry structure and infrastructure that could make economic recovery difficult after the crisis passes. Heather Stephens,…
Experts in epidemics, economics, psychology, other fields available for interview related to COVID-19
Media contacts:Jordan Fifer | [email protected] | 540-231-6997Shannon Andrea | [email protected] | 571-858-3262Bill Foy | [email protected] | 540-998-0288 Our studio Finding reliable experts for media interviews is especially important during this difficult time. Virginia Tech’s television and radio studios can broadcast live HD audio and video to networks, news…
Rutgers Expert Available to Discuss How to Help Free Market Fight Coronavirus
New Brunswick, N.J. (March 25, 2020) – Stephen K. Burley, director of the RCSB Protein Data Bank headquartered at Rutgers University–New Brunswick, is available for interviews on how to help the free market fight the coronavirus. His viewpoint is published in the journal Nature. “Had drug…
The global supply chain is breaking under the COVID-19 pandemic
From medical equipment shortages to panic-buying, the links in supply chains are breaking but will serve as valuable learning lessons for the future, said Ednilson Bernardes, professor and program coordinator of the Global Supply Chain Management program, West Virginia University…
Business expert cautions against making general assessments about COVID-19’s economic impact
Retailers such as Macy’s, Nordstrom and Urban Outfitters have announced they will temporarily shutter stores and car maker Honda will close six U.S. plants for a week. Earlier, in-person service at restaurants and bars was ceased. R. Andrew Butters, assistant…