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Will the real unemployment rate please stand up? (9/14/2014)

America's unemployment rate -- most recently reported as 6.1 percent -- has long been used to gauge the country's economic well-being. But a new working paper released by Princeton University's Woodrow Wilson School of Public and International Affairs highlights the difficulty in estimating the exact unemployment rate. ...> Full Article


Bureaucracy consumes one-quarter of US hospitals' budgets, twice as much as other nations (9/11/2014)

A study of hospital administrative costs in eight nations published today in the September issue of Health Affairs finds that hospital bureaucracy consumed 25.3 percent of hospital budgets in the US in 2011, far more than in other nations. The international team of researchers found administrative costs were lowest in Scotland and Canada, whose single-payer systems fund hospitals through global, lump-sum budgets, much as a fire department is funded in the US. ...> Full Article


Economic success drives language extinction (9/4/2014)

Thriving economies are the biggest factor in the disappearance of minority languages and conservation should focus on the most developed countries where languages are vanishing the fastest, finds a new study. ...> Full Article


After Great Recession, Americans are unhappy, worried, pessimistic, study finds (9/3/2014)

The protracted and uneven recovery from the Great Recession has led most Americans to conclude that the US economy has undergone a permanent change for the worse, according to a new national study at Rutgers. Seven in 10 now say the recession's impact is permanent, up from half in 2009 when the recession officially ended, according to the John J. Heldrich Center for Workforce Development. ...> Full Article


Gifts that generate gratitude keep customers loyal (9/2/2014)

They promise us discounts, upgrades and freebies in exchange for our allegiance -- so why are shoppers failing to stay faithful to customer loyalty programs? ...> Full Article


Study identifies upside to financial innovations (9/1/2014)

A new study of financial innovations before and during the last financial crisis indicates that financial innovations are not all bad. Many provide positive returns. ...> Full Article


Tecnalia revolutionizes hotel sector with smart bracelets (8/31/2014)

The Tecnalia applied research center has revolutionized the hotel sector with smart bracelets -- the Smart VIB (Very Important Bracelet) that enables clients access hotel rooms without the need for a card, make payments using the PayPal system, share experiences on social networks via the numerous tactile screens at their disposition, and receive completely personalized services according to taste, while at all times guaranteeing protection of information. ...> Full Article


Are consumers more likely to purchase unintentionally green products? (8/30/2014)

A Fortune 500 company is redesigning a popular product using materials that are friendlier to the environment. How will consumers respond to the newly redesigned, 'greener' product? According to a new study in the Journal of Consumer Research, consumers are more likely to purchase a product if they think helping the environment is not the intended purpose of a product improvement. ...> Full Article


Organic vs. paid advertising? Inside the mind of an online browser (8/29/2014)

New research by Columbia Business School Professor Kinshuk Jerath takes a unique look at a consumer's behavior between the keyword search and the point-of-click. ...> Full Article


How useful is economics -- how is economics useful? (8/15/2014)

What insights do the models, experiments and econometric regressions of scientific research provide about the economy -- and why and under what conditions are they useful in dealing with real-world problems? This question will be overarching the discussions among 17 Nobel Laureates in Economic Sciences and approximately 450 aspiring young economists from more than 80 countries in Lindau, Germany, next week. ...> Full Article


Inequality -- a key issue of economic research (8/14/2014)

The drivers of rising inequality of income and wealth and the various scientific models for counteractive measures will be among the central topics debated among 17 Nobel Laureates in Economic Sciences and approximately 450 aspiring young economists from more than 80 countries in Lindau, Germany, next week. The 5th Lindau Meeting on Economic Sciences will bring them together for a unique dialogue across generations, cultures and scientific backgrounds. ...> Full Article


Stock prices of companies that use the same underwriter tend to move together (8/13/2014)

The stock prices of companies that use the same lead underwriter during their equity offerings tend to move together, according to a new study by financial economics experts at Rice University and the University of Alabama. ...> Full Article


The economy of bitcoins (8/12/2014)

The massive spread of the cryptocurrency or digital currency, Bitcoin, opens up new pathways for researchers to study social action on markets. This reveals interesting feedback between the exchange rates and mentions in social media. ...> Full Article


Geography matters: Model predicts how local 'shocks' influence U.S. economy (8/11/2014)

Geography matters: Model predicts how local 'shocks' influence U.S. economyHurricanes. Foreclosures. Factory shutdowns. How do these local industry 'shocks' influence the country as a whole? A new model developed by Princeton University's Woodrow Wilson School measures the power of industry dips and boosts nationwide. Overall, they find that geography plays a huge role in determining how these fluctuations are felt across the country. ...> Full Article


Attention, bosses: Web-surfing at work has its benefits (8/7/2014)

Attention, bosses: Web-surfing at work has its benefitsManagement might call it cyberloafing, but new research reveals how online breaks can benefit employees and employers. ...> Full Article

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New Articles
Will the real unemployment rate please stand up?

Bureaucracy consumes one-quarter of US hospitals' budgets, twice as much as other nations

Economic success drives language extinction

After Great Recession, Americans are unhappy, worried, pessimistic, study finds

Gifts that generate gratitude keep customers loyal

Study identifies upside to financial innovations

Tecnalia revolutionizes hotel sector with smart bracelets

Are consumers more likely to purchase unintentionally green products?

Organic vs. paid advertising? Inside the mind of an online browser

How useful is economics -- how is economics useful?

Inequality -- a key issue of economic research

Stock prices of companies that use the same underwriter tend to move together

The economy of bitcoins

Geography matters: Model predicts how local 'shocks' influence U.S. economyGeography matters: Model predicts how local 'shocks' influence U.S. economy

Attention, bosses: Web-surfing at work has its benefitsAttention, bosses: Web-surfing at work has its benefits



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