Research on how people, markets, and policies shape the economy. Covers labor and gig work, consumer behavior, GDP and regional growth, gambling risk, and financial decision-making.
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.
A USC study finds that the Russia-Ukraine war has disrupted global grain markets, resulting in food insecurity and economic losses for the world's economy. The study estimates a $1.6 billion loss during the first year of the war.
Researchers found a therapy for babies with early autism signs can reduce long-term disability and associated costs, saving $10,695 per child by age 13. Early intervention may also alleviate strain on health, education, and family systems.
Researchers found that weekly and Saturday slaughter capacity utilization interact with live cattle-to-box beef spread, but not in a way that packers control prices. The study suggests Saturday slaughter may be a strategy to increase processing when prices are rising.
The West Virginia University researchers will develop and advance a pioneering method to extract and separate rare earth elements from acid mine drainage and coal waste with the new funding. The project aims to create employment in regions of West Virginia impacted by the US transition away from fossil fuels.
A new study analyzing over a million lonely hearts ads found that personality has become a more important factor than finances when it comes to dating. In Western countries, economic factors declined in importance, particularly after the 1960s, while in India, finances remained a key issue for people searching for love.
Researchers are developing an alley cropping system to mitigate crop stress and promote soil fertility in organic vegetable production. The system involves planting trees between rows of vegetables, reducing heat extremes and improving biodiversity.
A study found racial and ethnic differences in insurance coverage after job loss during COVID-19. Newly unemployed Black and Hispanic adults saw no increase in Medicaid coverage, unlike their white peers.
A new study published by researchers at the University of North Carolina at Chapel Hill estimates $562 million in previously unquantified financial risks arising from property value changes and uninsured flood damages in eastern North Carolina. The research team developed a new modeling framework using data on homes sales, mortgage loa...
Researchers at Pusan National University have created a new algorithm that can accurately predict ice resistance and fracture points for ships navigating through the Arctic shipping routes. The model uses an elastic material approach, allowing it to study continuous ice-breaking processes, which is essential for efficient navigation.
Researchers at West Virginia University are exploring iodine-based thrusters as an alternative to traditional fuel sources, aiming to reduce dependence on rare noble gases. They plan to develop diagnostic technology to measure the performance of these thrusters, paving the way for widespread use in space exploration.
Scientists at US national laboratories are developing new chemical recycling methods to make sustainable, high-quality plastic materials. They aim to transform plastic waste into valuable chemicals and reduce plastic pollution, paving the way for a circular economy.
Researchers led by Nicolas Ajzenman found that immigrants don't increase crime rates, but people's perception of crime does. In Chile, migrants' presence sparked concerns among citizens, with those exposed to immigration inflows more likely to rank crime as a top concern.
A review from UTHealth Houston identifies key benefits of telehealth in addressing health disparities among stroke survivors. The study suggests that telehealth can expand access to care and treatment while minimizing barriers related to digital literacy, physical limitations, and limited English proficiency.
A new study by Florida Atlantic University suggests that monetary policy can impact pollution, with domestic effects being more significant than international spillovers. The research found that changes in the US Fed's interest rates can reduce CO2 emissions in the short run, but not necessarily in the long run.
Researchers from the Earth4All initiative project that global population could peak at 8.5 billion people by mid-century with unprecedented investment in poverty alleviation. The team's analysis also suggests that extreme poverty can be eliminated in a generation, leading to a decline in global population trends.
A new study by the University of East Anglia found that large infrastructure projects can create lasting local impact when they offer place-based micro-enterprise training and employment support. The project, INCREASE VS, has helped over 4,500 participants start their own businesses and access work and education opportunities.
A statewide incentive program in Pennsylvania is associated with a 50% improvement in initiating medication-assisted treatment for opioid use disorder among Medicaid-enrolled patients. The study found that the program increased prescription fills for buprenorphine and substance use disorder treatment within a week of emergency departme...
A North Carolina State University study found that cover crop adoption can reduce crop insurance losses due to prevented planting in the US Midwest. Longer term use of cover crops also leads to larger reductions in prevented-planting risk, with a 1% increase translating to nearly $40 million in reduced indemnities.
A recent survey experiment by Regina Bateson reveals that people with pandemic employment gaps are perceived more negatively than those who remained employed. This stigma could have long-term social and economic consequences for individuals who lost their jobs during the pandemic.
Professor Liyan Yang, a leading expert in financial markets and institutions, has been awarded the Bank of Canada's prestigious Fellowship Award. The award recognizes his groundbreaking research on investor interactions and its impact on regulatory policy and economic welfare.
Research reveals that financial landlords, including private equity firms and institutional investors, own nearly one in eight rental units in Montreal. This trend is linked to gentrification, displacement, aggressive rent increases, and eviction practices, particularly affecting precarious, racialized, and student groups.
Research from Universitat Oberta de Catalunya finds that trust has a positive impact on teleworking performance, while social isolation and fatigue can have negative effects. Managers play a crucial role in facilitating the social integration of remote workers to prevent these issues.
A new study shows that reversing evolutionary changes in fish stocks like cod can be profitable and help conserve natural genetic diversity. With century-long planning horizons, evolutionary decline can be reversed without significantly reducing profits.
A study by Texas A&M University researchers found that state policies improving data protection led to increased adoption of health information exchanges (HIEs) and health IT usage. States with favorable legal environments for HIEs saw a rise in HIE adoption, while those with restrictive laws experienced limited growth.
Archaeologists have discovered evidence of ritualistic belief and economic factors intertwined for Neolithic people in northwest Arabia. Excavations at a mustatil east of AlUla revealed animal offerings, human interment, and suggest repeated pilgrimages, challenging previous understandings of the region's culture.
A new study finds that tax interventions needed to combat climate change will need to be larger and more effective than previously thought. Improvements in energy efficiency technology are crucial, but technological adjustments take time.
The February 2023 nTIDE report shows people with disabilities increasing their labor force participation rate to an all-time high of 40.2%, outperforming non-disabled peers in the labor market. The employment-to-population ratio also narrowed, reflecting gains made by people with disabilities since the pandemic.
A study by University of Maryland researchers found that lenient standardized test evaluators led to grade inflation, drawing wealthier residents to neighborhoods and driving up housing prices. As a result, amenities like shops and services followed, leading to gentrification and improved school quality.
Researchers developed an economic-epidemiological model to assess the impact of no closures. The study found that California's unemployment rate would have been lower, but deaths and hospitalizations from COVID-19 would have increased significantly, exacerbating current inequities.
Researchers developed a new AI-driven method to detect and predict defects in 3D printed metals, enabling rapid improvements in additive manufacturing. The method uses X-ray imaging and machine learning to identify pore generation in real-time with near-perfect accuracy.
A study reveals a rapid increase in ocean plastics since 2005, with an estimated 170 trillion plastic particles in the world's oceans by 2019. The researchers predict that without policy changes, plastic pollution will accelerate sixfold by 2040.
A new study from the University of East Anglia finds that most people migrate short distances within their own country to adapt to climate change. The research reveals that everyday mobility is a crucial aspect of managing different shocks and stresses, including increasing climate variability.