Articles tagged with Economics Research
A UK study of 3,745 families reveals significant inequalities in young people's financial capabilities depending on socio-economic background. The research highlights the need to develop financial skills in disadvantaged children as early as primary school.
A WVU researcher is developing a data-driven approach to enhance roadway maintenance operations, incorporating AI analysis of real-time data from sensors on consumer cars and roadside observation stations. The goal is to minimize time and resources spent on less affected roadways, reducing winter maintenance costs and time.
A study found that countries offering tax breaks for corporate innovation see greater economic growth in capital investment and highly compensated jobs. However, the impact on hiring or overall compensation is limited, with increased average pay for research and development workers instead.
A new study from the University of Kansas emphasizes the importance of including unpaid care work in economic statistics, highlighting women's significant contributions to the economy. The study aims to provide a more complete understanding of labor activity and inform equitable public policy.
A new study emphasizes the need for a more precise definition of circularity beyond metrics and indicators. The researchers propose a product-centric circularity scorecard that captures aspects of a product's environmental sustainability, focusing on production, use, and end-of-life.
Research from the University of Georgia found that moving in together is not enough to guarantee joint accounts, with factors like net worth, household growth, and income level playing a significant role. Couples who agree on spending and have open conversations about money are more likely to pool their finances.
Researchers propose integrating climate change mitigation and air pollution control for improved air quality in China. The study identifies significant synergies between reducing fossil fuel consumption and carbon emissions.
Brackish groundwater has the potential to replace fresh water for cooling coal- and natural gas-fired power plants, but treatment can be energy intensive. The study found that retrofitting power plants to use brackish water could nearly eliminate fresh water usage, but increase electricity generation costs by 8-10%.
Researchers found that introducing financial trading in California's wholesale electricity market led to reduced volatility in prices, production costs, and carbon emissions. The study also showed improved physical market outcomes, including lower fuel costs and reduced complexity in real-time markets.
A new study by University of Wyoming researchers found that regular diagnostic testing and self-isolation can deliver higher net benefits than physical distancing strategies in combating infectious diseases. The study took into account the concept of superspreading, which made the testing-isolation approach even more effective.
A study by WVU researchers highlights the need for improved mental health programs for first responders, citing increased stress and stigma. The study recommends linking responders with culturally competent clinicians, establishing centralized organizations, and expanding research efforts to address these issues.
A new supply chain model has been developed to guide the transportation of hydrogen and its embodied energy, enabling more efficient exports of renewable energy. The model suggests that methanol shows great promise as a chemical carrier for exporting renewable energy from Australia at low costs.
Illinois Tech researchers found that blockchain technology, investor sentiment, and economic stress are key predictors of bitcoin returns. Bitcoin's detachment from economic fundamentals makes it a poor safe-haven asset.
Provision of over-the-counter hearing aids associated with greater uptake of hearing intervention and improved patient quality of life. The study found that OTC hearing aids are cost-effective when prices exceed $55 per device.
A WVU researcher is creating mathematical models to predict how bioenergy crops enhance and store soil carbon, potentially spurring renewable energy from biological sources. The model considers factors like plant roots, microbes, and feedstocks to determine net carbon benefits or losses.
A recent study by Dartmouth researchers finds that global economic losses from El Niño can persist for several years after the event, with a significant impact on the world's poorest nations. The study projects total losses of $84 trillion for the 21st century, highlighting the need for climate change mitigation and adaptation strategies.
Researchers at Kaunas University of Technology identified four affordances of digital technologies facilitating business process integration: accessing, updating, sharing, and initiating. These mechanisms enable automation of information transfer, minimizing effort in business processes.
A study by Anglia Ruskin University found that Madoff's business dealings, trial, and prison time revealed a high score on psychopathy scales. The research warns companies to identify and prevent corporate psychopaths who can bring down organizations and economies through recklessness and greed.
A UK study of over 420,000 adults reveals that those with existing cardiovascular disease and overweight or obesity are five times more likely to suffer a stroke and four times more likely to have a heart attack than those with extreme obesity. The study highlights the substantial impact of living with both conditions on individuals, p...
Online radiologists choose studies based on financial attractiveness, leading to delays in high-priority cases. This study found that expedited priority class contained the highest percentage of delayed studies.
A new study from the University of Missouri found that government guarantees decrease the frequency of 'income smoothing' in financial reports. This practice, where banks delay reporting high income to smooth out volatility, is a form of manipulation that can impact market stability and investor confidence.
Researchers found that commercial properties in New York and Boston traded at lower values after Hurricane Sandy, despite no direct damage. This shift in perception is likely due to professional investors responding to changing flood risk perceptions post-Sandy.
The study analyzed 45 copper objects from Northern Central Europe and Southern Scandinavia, revealing changes in distribution networks across prehistoric Europe. The findings suggest that copper artefacts originated primarily from southeast Europe before 3500 BC, with later sources including the Eastern Alps and British Isles.
Researchers identified two crucial drivers of brand extension success: parent brand equity and extension fit. The study suggests five groups of moderators to improve brand extension strategies.
A new study from City University London suggests that the Research Excellence Framework (REF) has led to significant increases in high-quality published research, but not active academics. The study highlights areas of improvement needed in the assessment framework, including greater collaboration between domestic competitors.
Dr Germain Honvo, a young investigator, receives the prestigious award for his international contributions to osteoarthritis research and publications on guideline development. He is recognized as a future thought leader in the musculoskeletal field.
A recent study found that investors make higher bids in sunny periods, leading to lower discounts for shares. The study also discovered that investors become more optimistic and risk-taker when exposed to sunshine, which can lead to higher bid prices. The research has important implications for investors and market regulators.
The April nTIDE report reveals a decline in employment-to-population ratio and labor force participation rate for people with disabilities. Despite this downturn, employment remains above pre-pandemic levels, with working-age individuals with disabilities making up 3.8% of the total workforce.
A new study reveals that female leaders are attributed to bad luck when they fail, whereas male leaders' negative outcomes are blamed on their selfish decisions. In a laboratory setting, researchers found biases in the attribution of outcomes that favor women.
The IOF Medal of Achievement is awarded to individuals who significantly advance osteoporosis research and increase awareness of the disease. Professor Jean-Yves Reginster has made major impacts on the field through his original scientific contributions, education, and advocacy.
A new study by Duke University, University of Notre Dame, and Microsoft proposes a solution to reduce deceptive comparison pricing: requiring firms to disclose their true normal price. The study finds that providing this information can moderate the effect of advertised regular prices on consumer behavior.
Researchers found that women tend to accept job offers earlier and are more likely to accept lower-paying offers compared to men. The study suggests that risk tolerance and salary expectations may account for a significant proportion of the observed gender difference in earnings.
Harmful fisheries subsidies support fishing in waters outside jurisdictions of their home nation, impacting developing countries and the environment. These subsidies disproportionately affect marginalized communities and lead to food insecurity and economic dependence on fishing.
A team of researchers found that prosumers, who produce their own electricity, can lower transmission charges when generating less energy. However, when producing a large amount of renewable energy, transmission charges increase. The study suggests levying a per-MWh tax on prosumer consumption to reduce the likelihood of death spirals.
Cancer caregivers from lower-income households are more likely to experience debt and work loss compared to non-cancer caregivers. This can lead to increased economic burden, stress, and a reduced ability to retire on time.
A new study reveals that COVID-19 infection can lead to serious financial issues, including debts sent to collection agencies and lower credit scores. Patients hospitalized for COVID-19 had the highest rates of financial problems after their illness.
Central bank balance sheet policies are effective if investors behave according to a plausible alternative behavioral assumption to rational expectations. Professors Iovino and Sergeyev's new paper finds that level-k thinking breaks away with the demanding assumption of rational expectations, allowing agents to have varying degrees of ...
A study by Duke-NUS Medical School and the Institute of Mental Health found that anxiety and depression in Singapore cost 2.9% of the GDP, or nearly S$16 billion, due to healthcare resource usage, absenteeism, and reduced productivity.
A study found that people offer bribes above average to officials from countries with a reputation for corruption. Citizens tend to over- or underestimate the acceptance rates of officials from different countries. Overcoming biases about certain nations could help fight corruption globally.
A team from Kennesaw State University is studying the cultural, historical, and health significance of artisanal alcohol production in Cabo Verde. The researchers aim to understand the economic, social, and environmental impacts of grogue production, a national liquor produced by fermenting sugar cane.
A new paper proposes an itemized checklist to guide researchers in publishing analyses using complex sample survey data. The checklist, PRICSSA, consists of 17 important items to report for any analyses conducted on complex survey data. This reform aims to increase transparency and make analytic mistakes easier to spot.
A study of working men in Japan, Taiwan, and South Korea found that alcohol-tolerant individuals do not earn more than their intolerant colleagues. Despite the cultural pressure to drink, better social drinkers did not experience a wage premium in terms of working hours or earnings.
According to new data from the U.S. Bureau of Labor Statistics, Hispanics with disabilities have recovered to historic levels in the labor force, surpassing non-Hispanic black/African Americans. However, a gap between Hispanic and non-Hispanic white civilians remains due to social determinants of health and language barriers.
Researchers developed a suite of tools to assess economic benefits of improving urban stream water quality. The 'ecological production function framework' estimates use and non-use benefits, including increased property values and protected natural resources.
The study reveals that no single practice is sufficient for great innovation performance. Best companies focus on radical innovation, are risk-takers, and employ long-term strategies. They also develop new products significantly faster than the Rest.
A recent study by University of Exeter researchers found that the Bank of England's media coverage plays a significant role in reinforcing accountability. The study analyzed 13,986 articles from major news outlets and discovered that media coverage levels are strongly linked to parliamentary hearings and speeches by central bankers. Th...
A new study reveals that Indigenous groups in the western US are struggling to turn their legal right to water into actual water use, despite having settled their water-rights claims. The findings show that tribes are likely using only a fraction of their entitled water rights, resulting in significant revenue losses.
A new study reveals that certain wellbeing-related factors, such as household income, internet access, and air pollution levels, are associated with economic growth in European Union countries. Western Europe's strong link to economic growth is attributed to disposable household income, inter-regional mobility, and housing, whereas Cen...
A recent study suggests that India's recurrent heatwaves have a significant socioeconomic impact on the country, weakening its progress toward achieving sustainable development goals. The study found that nearly 90% of the country is in danger zone from heatwave impact and around 20% is highly vulnerable to climate change.
The WVU SMARTER center aims to improve mobility in rural areas through self-driving cars, ride-sharing services, and bike sharing. The center will develop infrastructure and technology barriers to ensure accessibility for all people.
The global economic impact of biological invasions exceeds that of natural catastrophes, with $1208 billion in losses between 1980 and 2019. Biological invasions have a long-lasting effect, causing significant damage to infrastructure, crops, and ecosystems.
A new study published in PLOS Medicine found that the sugary drink tax in Oakland reduced purchases by 26.8%, leading to improved health and significant cost savings. The researchers estimated that consuming fewer SSBs added 94 quality-adjusted life-years per 10,000 residents and saved the city over $100,000 in healthcare costs.
New research finds that most corporations that face significant inflation risk have failed to disclose it, causing $0.9 trillion to $2.8 trillion in shareholder damages. Companies with high exposure to inflation risk have seen their share prices drop following inflation shocks.
Dr. Erik K. Paulson, MD, chair of Duke University's radiology department, has been elected as the 123rd President of ARRS for a one-year term starting April 2023. He succeeds Gary J. Whitman, who served from 2022 to 2023.
A WVU research team has created an OPTIMAL model to help students overcome fears of learning code and enhance critical thinking skills when using ChatGPT, a popular AI chatbot. The model facilitates chatbot-aided scientific data analysis and aims to improve coding skills and prompting abilities.
The increasing adoption of electric vehicles will significantly raise the global demand for battery-grade critical metals, leading to supply chain disruptions. By mid-century, the need for lithium could more than double, while nickel demand is expected to eclipse other critical metals.
Purdue University has received two grants of $1 million each from the US Department of Agriculture's National Institute of Food and Agriculture to develop more resilient food systems. The grants will support research, education, and extension efforts aimed at enhancing sustainable agricultural systems in Eastern U.S. forests and Midwes...
The labor force participation rate for people with disabilities increased to a record 40.2% in March 2023, surpassing the rate for those without disabilities (77.6%). This growth reflects an ongoing recovery from the COVID-19 pandemic and may be driven by factors such as increased job opportunities and family needs.
Residual carbon emissions are a major obstacle to achieving net-zero greenhouse gas emissions by 2050. According to University at Buffalo researcher Holly Jean Buck, the world must reach net-zero this century to limit temperature increase, but residual emissions pose significant challenges.
African provinces' inclusive wealth per capita rose modestly by 1% between 2012 and 2018, signaling weak sustainability performance. The study highlights the tradeoffs between income and natural capital growth, emphasizing the importance of harmonizing national and subnational interventions.