Category Archives: Economy

Employees at ‘Green’ Companies are Significantly more Productive, Study Finds

Bucking the idea that environmentalism hurts economic performance, a new UCLA-led study has found that companies that voluntarily adopt international “green” practices and standards have employees who are 16 percent more productive than the average. (more…)

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How Technology is Changing Kenya

It is not often you think about how technology can affect an entire country, but the upsurge of affordable smart phones and portable internet have made a huge impact on the everyday lives on Kenyans. Not only do people now have access to things around the world, but they also have educational and health opportunities they have never had before. (more…)

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Witch Hunts Targeted by Grassroots Women’s Groups

EAST LANSING, Mich. — Witch hunts are common and sometimes deadly in the tea plantations of Jalpaiguri, India. But a surprising source – small groups of women who meet through a government loan program – has achieved some success in preventing the longstanding practice, a Michigan State University sociologist found.

Soma Chaudhuri spent seven months studying witch hunts in her native India and discovered that the economic self-help groups have made it part of their agenda to defend their fellow plantation workers against the hunts. (more…)

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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 held theory that individual investors’ decisions are driven mainly by their feelings toward losses and gains. In an innovative study, researchers found evidence that individual investors’ decisions are primarily motivated by their beliefs about a stock’s future. (more…)

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Financial Crisis to Blame for Increased Suicides in Italy

ANN ARBOR, Mich.— The global financial crisis has contributed to an increase in the rates of suicide and attempted suicide for economic reasons in Italy, new research shows.

A team of researchers, co-led by Roberto De Vogli, associate professor of health behavior and health education at the University of Michigan School of Public Health,

looked at data from 2000-10 and found an increase in suicides and attempted suicides for economic reasons during the entire period. (more…)

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Urban Poor Plagued By ‘Burdens of Place’

EAST LANSING, Mich. — Most of America’s urban cores were designed for walking but offer little in the way of supermarkets, healthy restaurants and other amenities for residents to walk to, according to a study led by a Michigan State University scholar.

The study is one of the first to show that poor residents living in declining urban neighborhoods want healthy food choices – evidenced by their willingness to travel long distances to find them. Past research has generally assumed that poor people will shop at whatever store is closest. (more…)

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