COLLEGE PARK, Md. – Newly released U.S. Census figures show the poverty rate essentially leveled in 2011 – beating the expectations of many experts who had predicted a fifth straight increase, says Professor Douglas Besharov, an expert on poverty and welfare at the University of Maryland School of Public Policy. (more…)
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…)
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…)
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…)
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…)
A new statistical model predicts that by 2100 the number of people older than 85 worldwide will increase more than previously estimated, and there will be fewer working-age adults to support them than previously expected. (more…)
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…)
The U.S. Census Bureau should reconsider income-based poverty measures in favor of a consumption-based method, according to a new study that strives to more accurately identify the neediest Americans.
The report found that the official poverty rate and the Census Bureau’s new Supplemental Poverty Measure—both of which are income-based—do not gauge the extent of poverty as well as a method based on real purchasing ability. Bruce D. Meyer, the McCormick Foundation Professor at the University of Chicago’s Harris School of Public Policy, co-authored the study with James X. Sullivan of the University of Notre Dame. (more…)
