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Released: 21-Sep-2012 1:55 PM EDT
Expert in Welfare, Federal Assistance and Public Policy Offers Insight Into '47 Percent'
University of Alabama

Dr. Richard C. Fording, chair of the UA political science department, finds several key lessons in former Massachusetts Gov. Mitt Romney's "47 Percent" remarks.

Released: 20-Sep-2012 3:40 PM EDT
Move to Less Poor Neighborhood Boosts Physical and Mental Health
University of Chicago

Moving from a high-poverty to lower-poverty neighborhood spurs long-term gains in the physical and mental health of low-income adults, as well as a substantial increase in their happiness, despite not improving economic self-sufficiency, according to a new study.

   
Released: 20-Sep-2012 7:00 AM EDT
Carsey Institute: More Than 16 Million Children in Poverty in 2011
University of New Hampshire

Between 2010 and 2011, the child poverty rate rose modestly across the nation to 22.5 percent. Today 16.4 million children live in poverty; 6.1 million of them are under age six, according to researchers from the Carsey Institute at the University of New Hampshire.

Released: 19-Sep-2012 1:20 PM EDT
Farm Bill Failure a Danger to Farmers, Researchers and Taxpayers
Cornell University

Congress has less than two weeks to act before the current five-year-old Farm Bill expires. Cornell University has experts available to talk about the implications of failing to pass a new Farm Bill, or of unwisely reconciling the Senate and House versions.

Released: 18-Sep-2012 2:00 PM EDT
Economic Freedom Report: U.S. Continues Slide, Drops to 18th
Florida State University

The United States, long considered a champion of economic freedom, plunged to No. 18 in new rankings published in the 2012 Economic Freedom of the World, an annual report co-authored by Florida State University economics Professor James Gwartney.

Released: 17-Sep-2012 12:15 PM EDT
Cities Still Cutting Jobs and Infrastructure
University of Illinois Chicago

For the sixth straight year, city revenues around the country dropped in 2011, as costs of health care, pensions and infrastructure rose, says a public administration and infrastructure expert at the University of Illinois at Chicago.

Released: 14-Sep-2012 10:15 AM EDT
Forty-Five Percent of Layoff Victims, Despite Anger, Would Return to Former Employer
Temple University

With an 8.1 percent August unemployment rate and 12.5 million Americans out of work, a new Temple University study examines a neglected area of research: how the unemployment process impacts the willingness of those laid off to endorse or return to their previous employer.

Released: 13-Sep-2012 10:00 AM EDT
Poorest of the Poor Miss Out on Benefits, Have More Hardship
University of Chicago

Although the federal government’s 1996 reform of welfare brought some improvements for the nation’s poor, it also may have made extremely poor Americans worse off, new research shows. Welfare has become more difficult to obtain for families at the very bottom, who often have multiple barriers to work. As a result the deeply poor are doing worse.

Released: 12-Sep-2012 3:00 PM EDT
Official U.S. Poverty Rate Remains High, Middle Class Incomes Decline
University of Washington

Data released by the U.S. Census Bureau today show that, after increasing since 2008, the poverty rate for the U.S. remained stable at 15 percent between 2010 and 2011. In Washington state, the estimated poverty rate increased from 11.5 percent (774,000 residents) to 12.5 percent (854,000 residents) between 2010 and 2011.

Released: 11-Sep-2012 2:40 PM EDT
Study Suggests Stock Analysts Use Instinct When Forecasting Firms They Don't Know
University of Iowa

When stock analysts aren’t sure how to assess the earnings of a hard to value firm, they often just predict those earnings will follow the general trend of the market, according to new research from the University of Iowa.

Released: 10-Sep-2012 8:00 AM EDT
Financial Regulatory Systems Fragmented and Unprepared for Next Crisis, Says Bailout Expert
Washington University in St. Louis

The “No More ‘Too Big to Fail’” rallying cry is unrealistic, says Cheryl Block, JD, federal taxation, budget and bailout expert and professor of law at Washington University in St. Louis. “When the next really big economic crisis arises, Congress is unlikely to stick to its ‘no bailout’ pledge,” she says.

Released: 6-Sep-2012 8:00 AM EDT
New Research: Overconfident CEOs Are Better Innovators
Academy Communications

New research reveals overconfident CEOs are more likely to pursue riskier projects with potentially greater rewards. David Hirshleifer at UC, Irvine’s Paul Merage School of Business and his coauthors published their findings in the latest edition of the Journal of Finance.

Released: 29-Aug-2012 2:20 PM EDT
Report Shows Gaps in Workforce Development Capacity at Nation's Community Colleges
University of Alabama

"Workforce Training in a Recovering Economy," released by the Education Policy Center at The University of Alabama, details the perceptions of state officials across the nation who are responsible for coordination and supervision of community colleges. Respondents reported expectations from business leaders, policymakers and the public that community colleges train workers – while also reporting that training funds from federal sources like the Workforce Investment Act and the American Recovery and Reinvestment Act have been exhausted. High unemployment has also strained the capacity of the schools, as more people seek new training, they said.

Released: 29-Aug-2012 9:45 AM EDT
What's Behind Rising Food Prices, Beyond the U.S. Drought
Saint Joseph's University

Although many U.S. consumers were alarmed to see news reports this summer of droughts leaving shriveled crops dying in the fields, John Stanton, Ph.D., professor of food marketing at Saint Joseph's University in Philadelphia, warns other factors will have a greater effect on Americans’ wallets. “Price increases from the droughts are likely to have short-term effects, but global issues can have a longer and greater impact,” Stanton explains, citing increasing demand from the rest of the world for crops like corn.

Released: 28-Aug-2012 4:00 PM EDT
Beliefs Drive Investors More Than Preferences
Ohio State University

New research casts doubt on the widely held theory that individual investors’ decisions are driven mainly by their feelings toward losses and gains.

Released: 23-Aug-2012 8:00 AM EDT
U.S. Risks Losing Out to Asia in Medical Research, U-M Team Warns
Michigan Medicine - University of Michigan

Medical research saves lives, suffering and dollars – while also creating jobs and economic activity. The United States has long led the world -- but risks losing out to Asia as the hub of medical discovery, a research team warns.

Released: 23-Aug-2012 8:00 AM EDT
Foreclosures Impact California Voter Turnout
University of California, Riverside

California neighborhoods reeling from record foreclosures also experienced lower levels of voter turnout in the 2008 presidential election. Voters who lost their homes and those who remained in impacted neighborhoods were less likely to cast ballots.

Released: 22-Aug-2012 5:00 AM EDT
Retrofitting Mortgage Underwriting with Energy Efficiency Provides Benefits for Buyers and Lenders
University of California, Berkeley Haas School of Business

A real estate investor owns a big office-building complex and decides he needs $10 million to invest in energy-efficient improvements. He goes to the bank, where the loan officer says, “Sorry, we don’t do that kind of thing.” When it comes to underwriting commercial real-estate loans, energy efficiency hasn’t been a part of the conversation – but it should be, according to a new study, Energy Efficiency and Commercial-Mortgage Valuation, by Profs. Nancy Wallace,Dwight Jaffee, and Richard Stanton at the University of California, Berkeley's Haas School of Business.

Released: 21-Aug-2012 8:00 AM EDT
New Study Finds Consumption Measures Poverty Better Than Income
University of Chicago

The U.S. Census Bureau should reconsider income-based poverty measures in favor of a consumption-based method, according to a new study that strives to more accurately identify the neediest Americans.

16-Aug-2012 11:35 AM EDT
Model Shows Dramatic Global Decline in Ratio of Workers to Retired People
University of Washington

A new statistical model predicts that by 2100 the number of people older than 85 worldwide will increase more than previously estimated, and there will be fewer working-age adults to support them than previously expected.

Released: 20-Aug-2012 9:30 AM EDT
Housing Market Gains Help IU Kelley School's Leading Index for Indiana to Rise Slightly in August
Indiana University

After pausing for a couple of months, the Leading Index for Indiana moved timidly upward, from 99.4 in July to register 99.6 in August. The LII, developed by the Indiana Business Research Center, is designed to reflect the unique structure of the Indiana economy. It is a predictive tool that signals changes in the direction of the economy several months before the economy has changed.

13-Aug-2012 8:00 AM EDT
Longer Time to Find New Job, Less Pay for Moms Laid Off During Recession
American Sociological Association (ASA)

In a 2010 survey of laid-off workers across the United States, married moms spent more time between jobs and were overall less likely to find new jobs compared with married dads. Once re-employed, married moms experienced a decrease in earnings of $175 more per week compared with married dads.

13-Aug-2012 8:00 AM EDT
Homeless People Find Equality, Acceptance on Social Networking Sites
American Sociological Association (ASA)

Many have argued the Marxist theories of a classless society died with the collapse of the Soviet Union and a faltering Cuba, but a University of Dayton study has found a place where such approaches may have a shot of survival—Facebook, and other social networking sites.

13-Aug-2012 11:45 AM EDT
Longer Time to Find New Job, Less Pay for Moms Laid Off During Recession
University of Washington

In a 2010 survey of laid-off workers across the United States, married moms spent more time between jobs and were overall less likely to find new jobs compared with married dads. Once re-employed, married moms experienced a decrease in earnings of $175 more per week compared with married dads.

Released: 14-Aug-2012 4:15 PM EDT
Scholar Looks at Olympics’ Aftermath in Cities
University of Wisconsin-Milwaukee

Does the modern model of economic revitalization through hosting the Olympic Games really work for cities?

Released: 9-Aug-2012 1:15 PM EDT
New UMDNJ Environmental Training Program Means Jobs for New Jersey Veterans
Rutgers University

Applications are now being accepted for NJ Jobs4Vets, a training program directed by UMDNJ-School of Public Health that prepares veterans and members of the National Guard and Reserve for employment in environmental remediation and restoration, disaster preparedness, and construction.

Released: 2-Aug-2012 1:15 PM EDT
Economic Strains Are Having Little Impact on Tech Job Opportunities in the Asia-Pacific
IEEE Spectrum Magazine

Despite signs of sluggish economies in China, India, and other Asian-Pacific countries, the job market for engineers and other technical professionals has been holding up well in the region.

Released: 2-Aug-2012 11:15 AM EDT
Rural Mainstreet Index Nosedives: Drought Impacting Ethanol/Biodiesel Production
Creighton University

Latest results from the monthly Rural Mainstreet Index indicate the drought is taking its toll on famers and ethanol/biodiesel plants.

Released: 1-Aug-2012 10:45 AM EDT
Luring Locavores: Research Shows Female and Older Consumers Highly Motivated to Buy Local
Kansas State University

A study finds that women and older food consumers are more likely to buy local.

Released: 27-Jul-2012 10:00 AM EDT
Amount Of "Green" Advertising Depends on Health of Economy
Dick Jones Communications

The volume of "green" advertising rises and falls in conjunction with key indicators of economic growth. That's the finding from a study of 30 years of environmental ads in National Geographic Magazine.

Released: 20-Jul-2012 12:05 AM EDT
Iu Kelley School's Leading Index for Indiana in July Remains Unchanged, Raising Concerns
Indiana University

For the second consecutive month, the Leading Index for Indiana remained unchanged at the level of 99.4. Simply put, it's much like the June report, but with more pessimism.

Released: 18-Jul-2012 9:00 AM EDT
Expert Says Libor Scandal Creates Complex Legal Issues
Indiana University

The growing scandal over the manipulation by British banks of the London Interbank Offered Rate, or Libor, creates complex legal issues for U.S. financial regulation, according to an Indiana University Maurer School of Law expert.

Released: 13-Jul-2012 5:00 PM EDT
CFOs Contemplate Generational Spending at 10th Strategic CFO Roundtable
University of Virginia Darden School of Business

The gathering, sponsored by the University of Virginia Darden School of Business, ILEX Leadership Associates LLC and McGuire Woods LLP, convened leading CFOs from public and private companies based in the Washington, D.C., region.

Released: 3-Jul-2012 1:35 PM EDT
Federal Regulatory Spending Budget to Decrease Next Year
Washington University in St. Louis

The budget for issuing and enforcing federal regulation is expected to decline in the 2013 fiscal year, finds a new report from Washington University in St. Louis and George Washington University.

Released: 2-Jul-2012 10:00 AM EDT
Recession Boosts Beauty Product Sales, Study Finds
Dick Jones Communications

Times of economic recession may increase a woman’s desire to buy beauty products, according to a series of studies headed by Sarah E. Hill, assistant professor of social psychology at Texas Christian University in Fort Worth, Texas. Her research showed that women who were primed with news of the economic recession reported an increased interest in purchasing goods they believed could enhance physical attractiveness, including lipstick, perfume and designer jeans. The same subjects reported a decreased desire to purchase consumer goods that could not enhance attractiveness.

Released: 28-Jun-2012 2:00 PM EDT
Leading Retailers Take a Big Bite of Out the Canadian Retail Pie
Toronto Metropolitan University

Just over 100 retailers control the lion's share of the non-automotive Canadian retail market, finds a new report by Ryerson University in Canada.

Released: 28-Jun-2012 11:45 AM EDT
Many Cultural Institutions Overbuilt During Building Boom
University of Chicago

Civic leaders, arts organizations, donors and government officials can better plan new or expanded arts facilities by first focusing on the arts organizations’ missions and assessing demand for the projects, according to a new study that looks at a major building boom in the United States from 1994 to 2008.



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