Articles tagged with Finance
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.
A cost analysis suggests Lecanemab, an antidementia medication with modest clinical benefit, could add billions to Medicare spending each year. Beneficiaries without supplemental coverage would face substantial out-of-pocket costs.
A study analyzing the affordability of water services for 28.3 million people in the US found that 15% of households, or one in seven, face financial hardship in paying for access to water and wastewater services. The researchers suggest that solutions require comprehensive strategies at local, state, and federal levels.
For immigrants with limited education, personality traits of extraversion and openness significantly boost lifetime employment probabilities. These traits facilitate better integration into the labor market, leading to improved job prospects.
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.
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 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.
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.
The study reveals COVID-19 worsened existing inequities in food security and rental struggles based on race and ethnicity and maternal origins. Equity-focused policy changes are necessary to ensure all US children and families can afford basic needs for optimal health.
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.
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 study of 1,618 US counties found that greater representation of Black primary care physicians is associated with improved survival-related outcomes for Black individuals. The findings suggest investments to build a more representative PCP workforce nationally may improve population health and reduce disparities.
American Indian, Black, and Hispanic students reported lower parental education levels, financial barriers, and discouragement from pre-health advisers compared to white students. These disparities may deter underrepresented groups from pursuing a career in medicine.
Partners of colorectal cancer survivors experience long-term financial toxicity leading to worse health-related quality of life. Multilevel interventions are needed to address individual and systemic factors affecting both patients and their partners.
An international team developed a novel method for evaluating AI interpretability methods to decipher the basis of AI reasoning and possible biases. The approach helps users understand what influences AI results and whether they can be trusted, especially in medical applications where AI-powered decisions can impact health and lives.
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.
A recent study found that people with disabilities experienced increased household employment loss and financial hardship during the initial COVID-19 pandemic. The findings suggest a disproportionate impact on racial and ethnic minority respondents, highlighting the need for targeted policies and resources to address these issues.
A nationwide study found that financial disruption, such as a parent losing their job, was associated with increased stress, sadness, and COVID-19-related worry in children, but not sleep. School disruption had no association with mental health or sleep outcomes, surprising researchers.
Alveolus Bio, a UAB startup, has received a $2.5 million FastTrack grant from the NIH to support the development of first-of-its-kind inhaled biotherapeutics for chronic lung disease COPD. The company aims to create FDA-approved treatments for 15.7 million people affected by COPD worldwide.
Researchers find that fact-based appeals are more effective when the goal is near completion, while affect-based appeals match people's feelings-oriented psychological state and are better suited for shorter-term goals. The study advances understanding of persuasive messages in collective goals and provides key insights for marketers.
The study estimates that tap water scald burns result in significant healthcare costs, with average costs of $572 per emergency department visit and $28,431 per hospital stay. Thermostatic mixing valves could reduce the risk of these burns by mixing hot water with cold water.
A new study by researchers from Penn and Princeton reveals that, on average, larger incomes are associated with ever-increasing levels of happiness. However, an unhappy cohort within each income group shows a sharp rise in happiness up to $100,000 annually before plateauing.
The war in Ukraine may trigger a new global land race, threatening rural livelihoods and the environment. Large-scale land acquisitions could exacerbate conditions of water scarcity and land degradation, prompting concerns about policy implications and long-lasting effects on rural development.
A study found that dual-class shares can be beneficial for long-term performance if they come with a sunset clause, allowing founders to maintain control without exploiting shareholders. However, the existence of perpetual dual-class shares may lead to negative consequences, such as lower stock prices.
Cash transfers have been shown to alleviate common mental disorders in low- and middle-income countries. The findings suggest that unconditional cash transfers are particularly effective in reducing symptoms of depression and anxiety.
A study of 4,000 middle-age workers reveals a link between sustained low hourly wages and elevated all-cause mortality risk. The findings suggest that improving the financial standing of low-wage workers through policies like minimum wage laws could lead to better mortality outcomes.
A study by researchers at the University of Toronto found that under typical surveillance, about 3% of US companies exhibit financial misrepresentation. However, during a period of heightened scrutiny following the Enron scandal, this rate tripled to 9%, indicating that at least 10% of companies may be involved in fraud.
A study found that immediate reductions in child abuse and neglect-related emergency department visits occurred after the disbursement of expanded child tax credit payments. The results suggest that making the temporary expansion permanent could lead to improved child welfare outcomes.
A study by Ivey Business School found that joining a peer-supported debt counselling group improves financial well-being, particularly for those who fear stigma. Participants repaid more debt and experienced increased motivation when interacting with others who shared similar financial struggles.
Despite industry claims of high R&D costs, most biopharmaceutical companies spent more on selling and administrative activities. New medicines often offer little or no added clinical value, leading to concerns over high prices.
Patients hospitalized for COVID-19 experienced persistent symptoms and disabilities six months after discharge. Financial problems also remained a significant issue, with some participants reporting new issues.
A group of researchers from Chung-Ang University have summarized the applications based on anomaly detection in multivariate time series. They evaluated the current state-of-the-art anomaly detection techniques and addressed the challenges associated with them, providing a thorough overview of the applications for anomaly detection in ...
A study examined the relationship between drug characteristics and manufacturer spending on direct-to-consumer advertising. The research found a higher proportion of promotional spending allocated to DTC ads among drugs with lower added benefit and higher total sales, suggesting potential implications for public health policies.
A global survey of large carnivore attacks found that attacks in high-income countries occurred mostly during recreation, while those in low-income countries were linked to livelihood activities. The study also highlighted the importance of tailored approaches to prevent such attacks.
A new study by researchers at Trinity College Dublin found that financial strain and material deprivation are associated with higher child behavioral difficulties. The study suggests that more nuanced measures of economic hardship are required to accurately understand the effects of economic hardship on households and their children.
A new model predicts US recessions and slowdowns by analyzing the aggregate probability of financial misreporting in the economy. The model improves recession prediction by about 25% over existing models, providing regulators with more lead time to prepare for a recession.
Researchers developed a new model to predict U.S. recessions and economic slowdowns based on financial statement manipulation. The study found that high levels of potential manipulation in financial statements can improve recession prediction 5 to 8 quarters away.
Research by Anglia Ruskin University found that soft laws in over 14,000 companies across 99 nations led to a 20% average percentage of women on corporate boards. Quotas increased female directors by 11.7%, but only when sanctions were applied. Firms complied better with realistic targets and sufficient time.
A recent study by North Carolina State University found that adult children in separated families receive substantially less emotional, material, and instrumental support from their parents. This often results in disadvantages for these children due to limited access to resources. The study also highlights the importance of providing a...
The Kimchi premium, a gap between crypto prices in South Korea and the USA, leads to increased overseas remittances to China. A study found that for every 1% increase in the premium, there's a 7.6% rise in remittance value and a 5.8% increase in quantity.
Researchers have developed an innovative amputated human limb model to evaluate molecularly targeted fluorescent probes for human tissues. The model allows for controlled testing of imaging agents with zero risk to patients, improving the accuracy and safety of surgical procedures.
During the COVID-19 pandemic, state-level cigarette sales varied significantly across the US. The analysis found lower per capita sales in eight states and higher sales in 22 states compared to expected levels. These findings may be related to differences in state responses to the pandemic and tobacco control policies.
A study of 5,308 participants aged 50-64 found significant correlations between sedentary behavior and low fitness levels. Highly uneven fitness distribution was observed among groups at higher risk, including older adults, foreign-born individuals, and those with poor health and lifestyle habits.
The Inflation Reduction Act offers significant benefits for public health through its tax credits and financial incentives. The law aims to reduce the adverse health effects of climate change by targeting greenhouse gases, conventional air pollutants, and carcinogenic chemical contaminants. By providing a more politically feasible appr...
A new study found that the COVID-19 pandemic led to a significant increase in research productivity across various fields, but women between the ages of 35 and 49 experienced no detectable gain. The study revealed that younger professors and those in top-ranked departments saw substantial increases in research output.
A study found that nearly half of Russian university graduates with higher education do not work in their field of study, resulting in a salary reduction of 7-14%. The researchers discovered that those who studied general fields like pedagogy and IT are more likely to experience horizontal mismatch.
A 10-year study found that aggressive law enforcement tactics can actually increase trade-based money laundering (TBML) in the EU, with up to 11% of all trade involving 'dirty' money
A Concordia PhD student argues that Disney is using its brand futurity strategy to create a sense of inevitable cultural dominance. The company's use of digital positioning and popular content reinforces its legacy, but Pitre criticizes the way it uses this goodwill to define the future of media.
Researchers found that approximately 10% of Americans live in areas with limited access to financial planners, leading to worse financial planning and future financial health. Education and expanded resources can improve financial planning and better retirement preparedness.
A new study by Bruegel experts recommends a European 'green pact' to increase climate investments and meet EU's ambitious Paris Agreement targets. The proposal involves better regulatory policies, higher emissions pricing, and public green investments.
A new study by Bayes Business School found that co-working spaces can initially support collective exploration but ultimately inhibit collaborative practices. The study suggests that firms leave the space as interactions become less meaningful and stilted over time.
A quality improvement program assisted patients in overcoming video visit access barriers, leading to improved adherence rates. The study found a significant association with both increased video visit attendance and financial savings.
A study by Michael Hurd and Susann Rohwedder found that real spending adjusted for inflation declined at annual rates of about 1.7% and 2.4% after age 65, contradicting traditional wisdom that spending will increase during older age.
Through its Integrated Pest Management program, WVU Extension educates growers on safe techniques, including barriers, insect traps, and predatory insects. The goal is to reduce pesticide use and promote environmentally friendly practices.
A new algorithm unravels the structure of financial services on the Ethereum blockchain, revealing highly intertwined structures that involve risks not yet fully understood. The findings highlight the need for transparency and awareness among users, regulators, and policymakers to mitigate systemic risks associated with cryptoassets.
Researchers found that firms with higher innovation potential have lower sales of insider shares, resulting in a relatively lower stock price penalty. Firms with generic mentions of future innovation in their IPO prospectus also show improved IPO performance.
A new study co-authored by Bayes Business School found that larger public companies suffer from loss of innovation and lower share price value when managers are permitted to take decisions in their own self-interest. The study examined the effects of waiving fiduciary duties on R&D investment, finding a significant decline.
A study by CHOP researchers found that financial stress during the pandemic contributed to depressive symptoms in adolescents across all income groups. The effect was most pronounced in low-income adolescents, but also affected those with lower pre-pandemic household income.