Economics news

Racial segregation key factor in subprime lending

Other Sciences / Economics

Nov 06, 2009 | 3 / 5 (2) | 2

(PhysOrg.com) -- New study examines impact of segregation on the prevalence of high-cost loans in U.S. metro areas. Subprime loans disproportionately located in segregated areas.

New research may help to reduce global supply chain disruptions

Other Sciences / Economics

Nov 06, 2009 | not rated yet | 1

(PhysOrg.com) -- With consumer spending dwindling over the past couple months, retailers are hoping to see it increase with the holiday shopping season. In order to seize the opportunity and boost sales, retailers need to ...

Professor: Fear, Shame Keep Homeowners From Defaulting

Other Sciences / Economics

Nov 05, 2009 | 5 / 5 (2) | 1

(PhysOrg.com) -- Brent T. White, a University of Arizona associate professor of law, said policymakers must consider ways that emotions drive financial decisions.

Florida's consumer confidence remains flat amid mixed economic news

Other Sciences / Economics

Oct 27, 2009 | not rated yet | 0

(PhysOrg.com) -- Florida's consumer confidence remained flat at 72 in October, a level more in line with economists? expectations than the initial increase that was recorded last month, according to a new University of Florida ...

Roth IRA conversion not a good fit for all, tax expert says

Other Sciences / Economics

Oct 26, 2009 | 5 / 5 (3) | 1

Starting next year, anyone can convert retirement savings into tax-advantaged Roth individual retirement accounts, but the much-touted switch isn't for everyone, a University of Illinois expert on tax and elder law warns.

Attending community college does make you richer, study says

Other Sciences / Economics

Oct 22, 2009 | 5 / 5 (1) | 1

A recent study by Dave Marcotte, Ph.D., from the University of Maryland Baltimore County found women graduating from community college with a 2-year degree earn 45.8% more annually than high school educated women. Men who ...

Irrational exuberance behind recent stock gains, says finance expert

Other Sciences / Economics

Oct 21, 2009 | 3 / 5 (2) | 0

A second straight week of stronger-than-expected third quarter earnings from a broad cross section of U.S. industries has held the nation's Dow Jones Industrial Average above the psychological benchmark of 10,000 points for ...

Study: Teachers' unions don't provide more pay

Other Sciences / Economics

Oct 20, 2009 | 4 / 5 (4) | 1

Teachers' unions have little impact on a school district's allocation of money, including teacher pay and spending per student, according to a study published this month in the Journal of Labor Economics.

How Chinese firms benefit from the diversity of foreign direct investment

Other Sciences / Economics

Oct 19, 2009 | 3 / 5 (2) | 0

New research from Rice University's Jones Graduate School of Business shows that the diversity of foreign invested firms' national origin helps businesses in China benefit from foreign direct investment (FDI).

What does Wall Street's recovery mean to Main Street?

Other Sciences / Economics

Oct 19, 2009 | 2.7 / 5 (3) | 0

(PhysOrg.com) -- The Dow Jones Industrial Average, among the world?s most closely watched stock indexes, closed above the 10,000-point mark last week for the first time since October 2008, a milestone that ...

Cities can't bank on small businesses for stable economic partnerships

Other Sciences / Economics

Oct 15, 2009 | 5 / 5 (1) | 0

(PhysOrg.com) -- Locally owned small businesses don't insulate communities from layoffs and closures in bad economic times. Rather, corporate headquarters do the most to protect cities from employment reductions, ...

Consumers don't always equate higher prices with quality

Other Sciences / Economics

Oct 14, 2009 | 3 / 5 (3) | 1

(PhysOrg.com) -- A new Cornell study finds that while higher prices may generate a more positive view of products, a higher price tag doesn't mean consumers will necessarily buy them.

Saving labor: Political scientist says our system of improving factory conditions around the world is broken

Other Sciences / Economics

Oct 14, 2009 | 4 / 5 (6) | 1

The existence of harsh labor conditions in factories around the world is a pressing moral issue. But to improve those conditions, we should regard it as a logistical issue, too.

The 12-step path to white-collar crime

Other Sciences / Economics

Oct 13, 2009 | 4.3 / 5 (4) | 2

Adelphia Communications, Barings Bank, Enron, HealthSouth, HIH Insurance, Hollinger International, Tyco International, WorldCom/MCI, Xerox... the white collar crime list goes on. But, did the executives at these companies ...

Berkeley's Oliver Williamson shares Nobel Prize in economics

Other Sciences / Economics

Oct 12, 2009 | not rated yet | 0

(PhysOrg.com) -- UC Berkeley's Oliver Williamson, a professor emeritus of business, economics, and law, has been named a winner of the 2009 Nobel Prize in Economic Sciences, cited along with Indiana University's ...

Study: Managers' Hiring Practices Vary by Race, Ethnicity

Other Sciences / Economics

Oct 09, 2009 | 1 / 5 (2) | 2

(PhysOrg.com) -- White, Asian and Hispanic managers tend to hire more whites and fewer blacks than black managers do, according to a study published this month in the Journal of Labor Economics.

Study: Some stock repurchase plans just empty promises

Other Sciences / Economics

Oct 07, 2009 | not rated yet | 0

A new study backs longtime speculation on Wall Street that companies sometimes ballyhoo stock repurchase programs they never plan to pursue, hoping to stir a buzz that will mislead investors and pump up sagging ...

Banking on outlier detection: Simple computer model could act as early warning system for failing banks

Other Sciences / Economics

Oct 07, 2009 | 4 / 5 (1) | 0

Recent bank failures point to the continuing need for vigilance by regulators and investors. Now, a report in the International Journal of Operational Research, discusses the possibility of an early-warning system that s ...