BlogArena

General blog about anything and everything of everyday's life.

24. May 2019

January 28, 2014
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The War on Poverty lost the political battle

ANN ARBOR — A new University of Michigan analysis challenges the conventional wisdom that President Lyndon Johnson’s War on Poverty failed. In the decade after Johnson declared “unconditional war on poverty,” poverty rates plummeted to reach their historic low of … Continue reading

May 26, 2013
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Women donate less to charity than men in some contexts

Given the chance, women are more likely than men to opt out of a request to give a charitable donation, a group of economists have found. The issue of which gender is more generous has been debated for years. A … Continue reading

May 16, 2013
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Study of microcredit finds generally positive, but not transformative, impacts

Microcredit generally benefits borrowers, according to new research focused on Mexico’s biggest for-profit microlender — but it’s not lifting people out of poverty. In a multi-year, randomized evaluation of microloans provided by Compartamos Banco, Yale University economist Dean Karlan, with … Continue reading

October 16, 2012
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Fingerprints for Financing: Removing Some Risk from Lending in Africa

ANN ARBOR — Some called it “witchcraft.” Others just watched in awe as their scanned fingerprints were used to pull up their records on a computer. They were paprika farmers in Malawi participating in a new study that shows fingerprinting … Continue reading

August 31, 2012
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Beliefs Drive Investors More than Preferences, Study Finds

COLUMBUS, Ohio – If experts thought they knew anything about individual investors, it was this: their emotions lead them to sell winning stocks too soon and hold on to losers too long. But new research casts doubt on this widely … Continue reading

May 11, 2012
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Many U.S. Families Are Underwater with Debts

ANN ARBOR, Mich.— As the country emerges from the Great Recession, a substantial number of U.S. families are underwater—and not just with their mortgages. According to a new University of Michigan report, about one out of every five U.S. households … Continue reading

May 3, 2012
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Q&A: Economic ‘Prophet’ Now Showing Classes How Theory Translates into Practice

Stephen Roach is a respected authority on Asia — China in particular — and an often-cited and widely recognized prophet on the global economy. Until recently chair of Morgan Stanley Asia and long the firm’s chief economist, Roach came to … Continue reading

April 28, 2012
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Job Slowdown in April Halts Growth in Overall Confidence

ANN ARBOR, Mich.— Consumer confidence remained largely unchanged at improved levels in April as consumers were still hopeful about future job gains despite disappointing recent developments, according to economist Richard Curtin, director of the Thomson Reuters/University of Michigan Surveys of … Continue reading