Money Current Events

Money Current Events, Money News Articles.
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Under the influence: Reminders of money impact consumer decision-making
When reminded of money (not cost), consumers are more likely to evaluate a new product based on its primary features or brand name, according to a new study in the Journal of Consumer Research. (2012-09-11)

It's all about autonomy: Consumers react negatively when prompted to think about money
Whether they are aware of it or not, consumers dislike being reminded of money -- so much that they will rebel against authority figures, according to a new study in the Journal of Consumer Research. (2011-09-14)

Money: It's more than an incentive according to University of Minnesota researcher
Why are some people more self-sufficient than others? Why are some people more willing to volunteer or help out than others? What makes some people seem stand-offish, while others move right in and help? Research conducted by Kathleen Vohs, assistant professor of marketing at the Carlson School of Management, University of Minnesota, demonstrates that money -- more specifically, people's exposure to the concept of money -- can start to answer these questions. The research is published in the November 17 issue of Science. (2006-11-16)

Study: Money affects children's behavior, even if they don't understand its value
The act of handling money makes young children work harder and give less, according to new research published by the University of Minnesota's Carlson School of Management and University of Illinois at Chicago. (2015-12-02)

Mobile money improves economic well-being in Kenya
Access to digital financial services lifted 194,000 Kenyan households out of poverty, a new study estimates, and increased consumption levels, especially among female-headed households. (2016-12-08)

Money buys happiness when you spend on others: UBC and Harvard research
Researchers at the University of British Columbia and the Harvard Business School have found that it's possible to buy happiness after all: when you spend money on others. (2008-03-20)

More than 3 percent of US teens have exchanged sex for money or drugs
More than 3 percent of U.S. teens have exchanged sex for money or drugs, reveals a large representative survey published ahead of print in the journal Sexually Transmitted Infections. The authors analysed in depth interviews of more than 13,000 adolescents taking part in a study tracking the long term health of adolescents across the country (National Longitudinal Study of Adolescent Health, waves I and II). (2006-08-09)

It's about time: Consumers may be more likely to enjoy purchase when ads mention time
Do consumers respond more positively to advertisements that mention time ( (2009-02-23)

'Dirty money' affects spending habits, new study finds
Looks matter -- even when it comes to money. A new study co-authored by a University of Guelph professor has found that currency's physical appearance dramatically affects consumer behavior. (2012-11-13)

Are most consumers planners when it comes to time and money? New study shows some benefits
Planning -- regarding money or time -- can bring tangible benefits to consumers. A new study in the Journal of Consumer Research discovered what makes planners tick. (2009-12-14)

Trying to save money? Ask for crisp new bills at the bank
Consumers will spend more to get rid of worn bills because they evoke feelings of disgust but are more likely to hold on to crisp new currency, according to a new study in the Journal of Consumer Research. (2012-11-13)

BMJ editor resigns after university accepts tobacco money
Dr Richard Smith, editor of the BMJ, has resigned from his position as professor of medical journalism at the University of Nottingham, following its acceptance of £3.8m from British American Tobacco (BAT) to fund an international centre for the study of corporate social responsibility. (2001-05-17)

PFI hospitals are not value for money
The government claims that using the private finance initiative (PFI) to build NHS hospitals offers value for money. Yet researchers in this week's BMJ show that the costs of private finance are higher and that NHS trusts pay much more than they would if the new buildings had been publicly funded. (2002-05-16)

Can't buy me love: Study shows materialistic couples have more money and more problems
Couples who say money is not important to them score about 10 to 15 percent better on marriage stability and other measures of relationship quality than couples where one or both are materialistic. (2011-10-13)

The human brain responds to receiving rewards 'the old fashioned way'
Using functional magnetic resonance imaging to study the striatum of the brain, Emory University School of Medicine scientists determined that human brains are more aroused by rewards earned actively than by rewards acquired passively. (2004-05-12)

Time isn't money
Ever since Benjamin Franklin urged citizens to (2004-08-30)

Saving money: Do consumers spend less if they think about the future?
Why is it so hard for consumers to save money? According to a new study in the Journal of Consumer Research, consumers are often impatient and do not think about the long-term consequences of spending money. (2015-03-31)

Thoughts about time inspire people to socialize
Does thinking about time or money make you happier? A new study published in Psychological Science, a journal of the Association for Psychological Science, finds that people who are made to think about time plan to spend more of their time with the people in their lives while people who think about money fill their schedules with work, work, and -- you guessed it -- more work. (2010-10-07)

Money makes the heart grow less fond... but more hardworking
Money is a necessity: it provides us with material objects that are important for survival and for entertainment, and it is often used as a reward. But recent studies have shown that money is not only a device for gaining wealth, but a factor in personal performance, interpersonal relations and helping behavior, as well. (2008-07-09)

Money and mimicry
We rely on money in our day-to-day life and it is constantly in our minds. After all, money makes the world go round, doesn't it? Now, a new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, tries to better understand the psychological effect of money and how it affects our behavior, feelings and emotions. (2011-06-29)

Dealing a blow on monetarism
This year's third issue of the Financial Journal opens with an article by Marina Malkina, Professor at the Department of Economic Theory and Methodology of the UNN Institute of Economics and Entrepreneurship, and Igor Moiseev, research assistant at the Center for Macroeconomics and Microeconomics of the same Institute. Their article entitled ''Endogeneity of Money Supply in the Russian Economy in the Context of the Monetary Regime Change'' is published in the ''Monetary policy'' section. (2020-08-27)

Buying a new furnace: Will you use your savings or assume more debt?
It's getting closer to winter, and all of a sudden you need a new HVAC system that'll cost $5,000. You've got the money in a savings account. Will you spend that money, or pay with a high-interest credit card instead? According to a study in the Journal of Marketing Research, if you have earmarked those savings for a (2015-11-02)

Buyer backlash: Why do slogans about saving money increase spending?
A new study in the Journal of Consumer Research reveals a strange facet of consumer behavior: people behave differently when they encounter companies' brands than they do when they encounter their slogans. (2010-09-20)

Time isn't money: Study finds that we spend the resources differently
Economists usually treat time like money -- as another scarce resource that people spend to achieve certain ends. Money is used to pay for things like furniture and plane tickets; time is spent assembling the do-it-yourself bookshelf or searching for cheap flights on the Internet. But despite the old adage, the two are far from psychologically equivalent -- particularly when it comes to consumer spending decisions. (2008-03-17)

The nostalgia effect: Do consumers spend more when thinking about the past?
Say you are out clothes shopping and you spot something that brings you back to a special time from your childhood when you were surrounded by friends and family. Suddenly, you find yourself purchasing an expensive shirt that makes you feel like a kid again. According to a new study in the Journal of Consumer Research, we're more likely to spend money when we're feeling nostalgic. (2014-07-22)

Outcome matters more than intention when punishing or rewarding accidents
New research from Harvard University finds that when choosing to punish or reward accidental behavior, individuals tend to focus on outcome, rather than a person's intent. (2009-08-27)

Parents: To prepare kids financially, give them practice with money
Providing children with hands-on experience with money is essential to preparing them for financial success, a new study suggests. (2018-11-26)

Paper money worldwide contains bisphenol A
The cash register receipts that people place near paper money in billfolds and pockets has led to a worldwide contamination of paper money with bisphenol A (BPA) -- a potentially toxic substance. The amounts of BPA on currencies are higher than in dust, but human intake from currency is at least 10 times less than that from house dust, according to a new study in the ACS' journal Environmental Science & Technology. (2011-08-10)

Lottery winners do not want their winnings to change them
There are many notions about what happens when someone has won a big prize. We often hear about winners who have spent all their money, incurred debts and become lonely and unhappy. But these are exceptional cases, research at the University of Gothenburg shows. In the vast majority of cases the winners claim to carry on living their normal lives with prudent consumption. (2011-02-28)

According to a study, when we have a low opinion of someone, we tend to reject their money
Researchers from the universities of Granada, Freiburg and University College London have carried out a study that reveals that people are prepared to even lose Money rather than accept it from those they have a low opinion of. (2013-03-07)

Two sides of the same coin: Money spurs changes for better and worse
Money changes everything, and that includes changing people's motivations for the better and their behavior toward others for the worse, according to a new study published in the international journal Science. (2006-11-16)

'A bias for the whole': Study proves we're more willing to part with small bills
A new study, forthcoming in the March 2006 issue of the Journal of Consumer Research explores our definite preference for big bills over small ones - and explains our marked reluctance to part with a larger bill when compared to an equivalent dollar amount of small bills. (2006-01-30)

Why losing money may be more painful than you think
Losing money may be intrinsically linked with fear and pain in the brain, scientists have discovered. In a Wellcome Trust study published today in the Journal of Neuroscience, researchers have shown that during a gambling task, losing money activated an area of the brain involved in responding to fear and pain. (2007-05-01)

People globally return 'lost' wallets more as money increases
In a study of how people in 40 countries decided to return (or not) 'lost' wallets, researchers were surprised to find that -- in contrast to classic economic logic -- people returned the wallets holding the greater amounts of money more often. (2019-06-20)

Researchers find the worst reason to give a gift
Here's a good way to make sure a friend hates a gift from you: Say it will save him money. In a series of studies, researchers found that people reacted negatively to gifts that they were told - or that they inferred - were given to help them save money. (2020-07-13)

The stongest game show strategy
Players competing on the game show The Weakest Link would be better off banking its winnings either after each question or after a run of six successive right answers. An American mathematician says that players often lose their nerve and bank after three questions - even though it isn't the best strategy. (2002-01-16)

Money in the bank: Why does feeling powerful help people save more?
In a materialistic culture, saving money is a challenge many of us face long before our retirement years. While many people think education, upbringing, and self-control are major contributors to a person's savings habits, a new study in the Journal of Consumer Research reveals that people save more when they feel powerful. (2014-06-25)

Candy bar or healthy snack? Free choice not as free as we think
If you think choosing between a candy bar and healthy snack is totally a matter of free will, think again. A new study in the Journal of Consumer Research shows that the choices we make to indulge ourselves or exercise self-control depend on how the choices are presented. (2009-10-13)

Using the notion of 'accounting periods' for time as well as money
Consumers account for their time differently than they track their money, according to a new study in the Journal of Consumer Research. (2010-06-21)

When do products (and money) literally make your mouth water?
In certain situations, people actually salivate when they desire material things, like money and sports cars, according to a new study in the Journal of Consumer Research. (2011-09-14)

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