Economists Current Events | Economists News | 3
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Why Do Firms Raise Prices More Readily Than They Reduce Them?
EMBARGOED UNTIL 00:01 HRS MONDAY 20 JANUARY 2003 Chancellors and central bankers face a perennial headache: booms typically cause inflation, while recessions mainly reduce output without reducing prices or inflation. New ESRC-funded research by Professor V Bhaskar of the University of Essex explains how this problem emerges through the phenomenon... view more... (2003-01-14)
Countries slow to use lifesaving diarrhea treatments for children
Despite evidence that low-cost diarrhea treatments such as lower osmolarity oral rehydration salts (ORS) and zinc supplements could drastically reduce the number of deaths among children, little progress has been made in implementing these life-saving techniques. view more (2009-10-09)
Bizarre bird behavior predicted by game theory
A team of scientists, led by the University of Exeter, has used game theory to explain the bizarre behaviour of a group of ravens. Juvenile birds from a roost in North Wales have been observed adopting the unusual strategy of foraging for food in 'gangs'. view more (2009-02-25)
CO2 emissions increasing faster than expected
Carbon dioxide emissions from fossil fuels - the principal driver of climate change - have accelerated globally at a far greater rate than expected over recent years. view more (2007-05-22)
Protecting Natural Spaces Does Not Prevent Invasion by Foreign Species
A study carried out by researchers at the Universitat Autònoma de Barcelonashows that protecting natural spaces does not prevent invasion by foreign vegetation species. Montserrat Vil' and Jordi Pujadas, researchers at the CREAF, have published the study, the first to quantify the relationship between species invasions and human activity... view more... (2002-02-27)
Hip replacement improves function, saves money, at any age
Seniors with osteoarthritis who undergo total hip replacement are twice as likely as those who do not to show improvements in physical functioning and increased ability to care for themselves, according to researchers at Duke University Medical Center. view more (2008-06-17)
View of the state determines economic policy
The economic policy of the Social Democrats and the non-socialist parties in the early 1990s was not merely an attempt to stave off an economic crisis. This policy also represented a break with the overarching objectives that had characterized the parties' views on economic policy. This break in the trend is analyzed and placed in its historical... view more... (2004-03-26)
According To CEPR Study US External Adjustment Is Easier Than You Think
Understanding the dynamic process of adjustment of a country's external balance is one of the most important questions for international economists. The recent wave of financial globalization has led to a sharp increase in cross-holdings of foreign assets and liabilities. The upsurge in cross-border holdings has therefore opened the door to... view more... (2005-02-16)
Controlling neglected tropical diseases could help make poverty history
"The big three" infections AIDS, TB and malaria have caught the world's attention but other disabling and fatal infectious diseases in Africa are being ignored, say three eminent tropical disease researchers in the international health journal PLoS Medicine. view more (2005-10-11)
Study separates russian flat tax myth and fact
Proponents of a flat rate income tax often point to Russia's 2001 switch to a 13 percent flat tax as nothing short of an economic miracle. view more (2009-06-17)
Study examines impact of managed care on stroke prevention surgery
Policymakers and economists often promote managed-care plans based on the assumption that they prevent the overuse of unnecessary surgical procedures or help steer patients to high-quality providers, compared to traditional fee-for-service insurance plans. view more (2008-12-29)
'Technology' plays large role in wealth inheritance
A new study reveals the important role inherited wealth plays in sustaining economic inequality in small scale societies. view more (2009-11-02)
Prediction markets accurately forecast influenza activity
Influenza experts have borrowed a page from economists, creating a futures market for influenza activity that predicted outbreaks two to four weeks in advance. The influenza prediction market is presented in the Jan. 15 issue of Clinical Infectious Diseases. view more (2006-12-26)
MIT develops measures to predict performance of complex systems
Taking a cue from the financial world, MIT researchers along with experts in industry and government have developed a list of 13 measures that engineers can use to predict how well a system—or project—will perform before it is even finished. view more (2007-02-06)
Do good looks get high school students good grades?
Do personal traits predict success in school? If so, which dimension of one's outward appearance can tell the most about academic achievement? view more (2009-04-23)
Free trade can benefit environment
With the help of biologists and in a radical reversal of roles, the environment could exploit free trade. But with the World Trade Organisation`s legitimacy being challenged as never before, this opportunity is at risk. "In the prevailing climate, trade protectionism gets equated with environmental protection, free trade with freedom to plunder",... view more... (2002-05-21)
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