Articles tagged with Economics Research
A global study found that retail food prices for diverse food groups increased in tandem with COVID-19 case counts across the globe. The cost of groceries rose significantly above pre-pandemic levels, especially in countries with higher case counts.
Researchers at Potsdam Institute for Climate Impact Research found that climate policies can change people's preferences, leading to increased environmental protection and health benefits. This knowledge can inform the development of demand-side measures to curb carbon emissions and produce better climate policies.
Researchers found that discussing creativity and innovation negatively affects investors' confidence in a company's market performance. However, firms with leaders who discuss creativity positively tend to have higher earnings, suggesting the importance of tone in mitigating this effect.
A new modeling study found that reducing excess prevalence of low birthweight, preterm birth, or small-for-gestational-age birth in low- and middle-income countries could lead to substantial long-term human capital gains. The study estimates potential gains of 20.3 million school years and $68.8 billion in lifetime income per birth coh...
Researchers found that terminating Supplemental Security Income benefits at age 18 significantly increases criminal charges, with a 20% rise in income-generating crimes and a 60% increase in incarceration likelihood. The effect persists for more than two decades.
A study by WVU researcher Ednilson Bernardes found that supplier pool pressure contributed to the oversupply of prescription opioids like oxycodone and hydrocodone. The researchers analyzed transactions from 2006-2012, revealing that over 90% of supply came from just three generics manufacturers.
A recent study published by The BMJ found a significant widening gap in death rates between US counties that voted for Democratic and Republican candidates. Between 2001 and 2019, mortality rates decreased by 22% in Democratic counties but only 11% in Republican counties, with the gap increasing sixfold.
A new theory of decision-making proposes that people often use relative thinking when they should use absolutes, and vice-versa. This theory, developed by Mina Mahmoudi, aims to capture the behavior of boundedly rational decision-makers who struggle with optimal choices.
A new study provides a roadmap for the US to reach its 50% greenhouse gas emissions reduction target by 2030, with rapid decarbonization in power and transportation sectors crucial. The study, based on six leading energy models, suggests that tripling historic carbon reductions is achievable through collaboration across all sectors.
A study by the University of Texas at Austin found that countries with strong rule of law have less economic volatility and higher productivity. Weak rule of law leads to poor contract enforcement, causing employee morale to suffer, ultimately sparking churn and economic instability.
Researchers found that companies with Machiavellian CEOs have a net income savings of over 6.6% on firm costs, including lower acquisition premiums and debt financing costs. The study suggests that high Mach CEOs' cultural norms filter down to bargaining performance, contributing to the cost savings.
The employment-to-population ratio for working-age people with disabilities increased from 34% in April to 34.3% in May, up 0.9 percentage points. However, the labor force participation rate decreased from 37.5% in April to 37.2% in May, down 0.8 percentage points.
A recent study by Colorado State University economists and NOAA found that improved wind forecasts result in significant energy savings for consumers. The research shows a net gain of over $150 million in annual savings through better predictions of wind patterns.
Ingmar Weber's research focuses on societal computing, using computer science methods to understand and improve society. He collaborates with various stakeholders, including the UN, to develop solutions for humanitarian crises.
A new study reveals that girls' mental wellbeing increased by 28% during the pandemic compared to pre-pandemic years, while boys showed no significant change. Gender differences were observed among all income groups, with more pronounced effects in lower-income families.
A new study from the University of Illinois finds that wine tariffs imposed during trade disputes have substantial economic costs for producers and consumers. The study estimates that the U.S.-EU dispute cost $190 million in lost trade, while the China-Australia dispute cost $149 million annually.
New research by Nicola Limodio finds that terrorist attacks are sensitive to local funding availability, with more attacks occurring in cities with higher funding. Financial counter-terrorism can be effective in limiting the ability of terrorist organizations to access funds.
A study by the University of Washington found that Seattle's democracy voucher program increased donations by 53% per race and boosted small donations by 270%. The program also led to an 86% increase in candidates and a decline in incumbent electoral success.
A team of NTU Singapore economists compiled a detailed study of Albert Winsemius' influence on Singapore's early economic development, analyzing his affinity with Singapore and his contributions to the country's economic growth. The book examines his synergy with pioneering leaders like Lee Kuan Yew and Dr Goh Keng Swee.
Researchers at Iowa State University found that startups near state lines are more likely to set up shop in states with lower property taxes. The study, published in Small Business Economics, showed a significant distortion in tax rates between Iowa and its neighboring states, particularly South Dakota. Property taxes were found to hav...
A new study evaluates the Ontario eConsult service over two years, finding increased usage and reduced need for in-person visits. The research team analyzed 60,474 eConsult records, resulting in a median subspecialist response time of one day and a cost of $50 per case.
The number of unemployed people with disabilities remained relatively steady at 590,000, while labor force participation rate showed minimal movement. Unemployment for people without disabilities has shown a slow but steady decline over the past two years.
A novel contract proposed by UTD researchers could help alleviate key sources of conflict between restaurants and food-delivery platforms. The study found that standard contractual relationships have two key issues: simple revenue sharing and strain on restaurant operations.
Researchers used a supercomputer to simulate water supply in an inter-utility agreement, finding that cooperation can benefit both water supply and financial needs. The study found that more flexible agreements allow utilities to adapt to changing conditions, reducing financial risk.
Introducing CBDC with strictly positive interest can remove economic inefficiency associated with tax evasion, improving welfare. However, its impact depends on the size of government expenditure and severity of tax evasion.
A new study reveals that rating agencies' self-fulfilling rankings can lead to increased investment and policy changes. The research suggests that these agencies serve a useful coordinating function but also highlights the potential for misuse of power.
Researchers from Korea Maritime and Ocean University have developed a way to synthesize high-performance functionally graded materials with minimized defects. By controlling the mixing gradient of component materials, they improved mechanical properties and eliminated interfacial cracks.
The 27th North American Meeting will focus on technological challenges, breakthrough discoveries, and state-of-the-art research in catalysis. The meeting features plenary lectures by renowned experts in the field.
A new model developed by Iowa State University researchers could improve matches between students and schools, reducing stress and inefficiencies in the admissions process. The algorithm pairs most students with their top choice schools, while also considering factors such as competition for seats and financial constraints.
Researchers found that people living with SCD have more medical appointments and urgent care visits, leading to higher out-of-pocket costs of $1,300 annually. The study suggests that curative therapies could reduce these costs, but accessing them will depend on conversations among policymakers, insurers, and patients.
A new study by Johns Hopkins Bloomberg School of Public Health found that federal subsidies offset losses for hospitals during the COVID-19 pandemic. The research revealed that hospitals serving socioeconomically disadvantaged patients and those with higher uninsured patient populations were particularly affected by financial losses.
A new study finds that workplaces with a larger share of men experience higher rates of sexual harassment, leading to women leaving for jobs with lower wages. Women are nearly six times more likely than men to be victims of harassment in male-dominated workplaces.
Researchers at CSH create the first complete representation of Hungary's economy, mapping production networks and supply relationships. They find that only a few firms pose a substantial risk to the overall economy, with nearly 75% of systemic risk concentrated on just 100 high-risk companies.
A field experiment in Bangladesh shows that the poor lack opportunities to gain wealth, but a one-time boost can make a major difference. The study suggests that poverty is not principally due to people's capabilities or attitudes, but rather an initial lack of resources prevents them from improving their circumstances.
Major sporting events frequently result in cost overruns, as organizers underestimate visitor numbers and hospitality demand. The 2017 World Cycling Championships in Bergen, for example, incurred a €5.8 million deficit due to incorrect visitor projections and hotel bookings.
The Institute for Gender and the Economy's new report emphasizes the importance of prioritizing care and the caring economy in research and policymaking. The report identifies key gaps in data collection and analysis, including the lack of information on unpaid care, temporary, and migrant care workers.
Institutional landlords have raised rent prices in neighborhoods where they own properties, but also improved neighborhood quality and safety. However, these improvements come at a cost to affordability, as rents increased by an average of 0.51% in overlapped neighborhoods.
A recent study in JAMA Otolaryngology–Head & Neck Surgery reveals that thyroid cancer patients in the US experience substantial financial burdens. The researchers propose a novel framework to help guide future research and inform cancer care providers on cost considerations.
A recent analysis found that the Earned Income Tax Credit (EITC) does not appear to increase college enrollment rates. The study suggests that complex subsidies like EITC may be ineffective at altering college going. Researchers recommend providing tax credits as grants instead of tax credits to increase college enrollment rates.
A new study found that Portland residents are willing to pay $442.40 per household for green roofs that reduce stormwater runoff by three times per year, decrease urban heat island effect by over one degree, and bring in a significant amount of bees, birds, and butterflies. The cost would be added to sewage and stormwater utility bills.
Researchers found that speeding can decrease fuel economy by 7% and result in an extra 28 cents per gallon at current US fuel prices. They also studied human behavior during the early days of COVID-19 and simulated cosmic collisions to better understand X-ray emissions.
A study by Washington State University and Harvard University researchers found that service employees' volatile work schedules are a key predictor of their reliance on high-cost debt. The more schedule volatility people experienced, the more likely they were to take out expensive loans or use credit cards in problematic ways.
To weaken Russian oil and gas strength, the EU should rapidly introduce a tariff on Russian oil and gas imports. This can be done by incentivizing a reduction of oil and gas demand in Europe and increasing the use of alternative energy resources.
A study analyzing global aid responses to Ukraine's invasion found that assistance is often focused on short-term measures rather than sustainable goals. The research highlights the need for more effective and long-term support to address the country's reconstruction and rebuilding needs.
A study of over 3.5 million Welsh citizens found that those who self-harmed during the COVID-19 pandemic were less likely to seek help and faced difficulties accessing in-patient treatment. The research used linked electronic health records to investigate healthcare contacts with self-harm during this period.
A new study estimates the national economic burden of PTSD at $232.2 billion for 2018, with civilians accounting for 82% of the total costs. The study calls for increased awareness, effective therapies, and expanded evidence-based strategies to reduce the clinical and economic burden of PTSD.
A new study by the University of Bonn recommends significantly reducing meat consumption to mitigate climate change and environmental damage. While mass vegetarianism is not a viable solution due to limited food availability in some regions, moderate meat consumption can be sustainable if implemented carefully.
A study by Cornell University researchers found that live music platforms face difficulties in valuing intangible qualities, managing complex tasks, and achieving economies of scale. This is due to the industry's fragmented nature, with different types of gigs requiring unique expectations from clients.
A recent study by Cornell University researchers found that women's earnings drop substantially after childbirth, with the gap widening across all education levels. The COVID-19 pandemic has exacerbated this issue, making it more challenging for mothers to restart their careers and leading to worse hiring prospects and wage penalties.
A new study by Aston University reveals that Small and Medium Sized Enterprises (SMEs) can improve their sustainability performance by adopting circular economy practices. The research found that SMEs in all participating countries are likely to achieve higher environmental performance through CE adoption, with products, processes, and...
Researchers at Stanford University and University of Mannheim find that integrated reversible power-to-gas systems can provide backup electricity during surging prices, reducing costs and increasing capacity utilization. The technology has the potential to link the electricity and hydrogen markets, making renewable energy more viable.
A study by Cornell researchers found that recreational marijuana access significantly decreases prescriptions for pain, depression, anxiety, sleep, psychosis, and seizures in state Medicaid programs. This reduction could lead to significant cost savings for state Medicaid programs.
A University of Cincinnati study found that socioeconomic factors have a significant impact on depression treatment outcomes. Patients with lower incomes, less education, and minority backgrounds tend to have worse treatment outcomes even when receiving equal access to treatment.
A paper co-authored by Prof. Ruben Gaetani of the University of Toronto explores how unconventional innovation occurs in high-density locations, challenging common beliefs about its concentration.
Researchers from Arizona State University developed a study to balance biodiversity goals with limited economic resources in Colombia. The team created a prioritization map that targets conservation actions towards regions where ecological benefits are high and economic impacts are low.
Human activity on Hainan Island is causing changes in the body shapes and diets of tropical birds, resulting in biotic homogenisation. Despite efforts to protect biodiversity, the island's unique ecosystem is being affected by large-scale economic and land-use changes.
A new survey study finds that COVID-19 may have amplified prejudicial attitudes towards ethno-racial minorities in the US workforce. The study, published in PLOS ONE, suggests that workplace discrimination can exacerbate prejudice and have long-term impacts on minority groups.
A new report estimates the total economic burden of multiple sclerosis (MS) in the United States to be over $85 billion, with direct medical costs reaching $63.3 billion and indirect non-medical costs totaling $22.1 billion. The average excess medical cost per person with MS was found to be $65,612.
The study found that richer nations increase species extinction risk in poorer ones due to global consumption patterns. The impact of a single coffee purchase can contribute to biodiversity loss in distant countries.
A new study suggests charities use the word 'spend' instead of 'give' to donors to increase donations, as it implies a sense of control over financial gifts. Researchers found people are more willing to donate their time rather than money due to feelings of personal control.