Gifting during Mardi Gras in New Orleans fostered social cohesion, researchers found in a study.
In the immediate aftermath of a natural disaster, the focus is on physical repair and reestablishment of the market economy.
“But the moral economy – the relationships between people – also needs repair. In the case of Hurricane Katrina, residents’ sense of New Orleans as a connected community was damaged,” said Soldwedel Professor of Marketing Melanie Wallendorf of the University of Arizona Eller College of Management. (more…)
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 Yale in 2010 as a senior fellow in the newly inaugurated Jackson Institute for Global Affairs, with a joint appointment at the School of Management (SOM). This spring Roach announced he would be retiring from Morgan Stanley after 30 years with the firm to teach full time at Yale.
YaleNews recently met with the economist in his office to discuss his new career as a teacher and to get his prognosis on the future of the world economy. (more…)
MU researchers recommend legislative action to help local economy, state revenue
COLUMBIA, Mo. – Internet, or e-commerce, sales have increased over the past two decades, comprising nearly 17 percent of the total U.S. sales in 2009. However, many states, including Missouri, have no effective means of collecting taxes on those sales. Researchers at the University of Missouri Truman School of Public Affairs found that the state lost approximately $468 million annually in sales tax revenue during the past decade.
Federal law and U.S. Supreme Court rulings only allow states to levy sales taxes on a business with a physical presence in the state. For example, Amazon.com does not charge sales tax in Missouri because it is physically located in California. However, Wal-Mart charges sales tax, since it has stores in Missouri. In the study, researchers analyzed historical data on e-commerce activity and estimated that the state will miss out on $1.4 billion in potential revenue from 2011 to 2014. (more…)
EAST LANSING, Mich. — The more other customers look and act like us, the more likely we are to stay loyal to a particular store or product, according to a groundbreaking study co-authored by a Michigan State University marketing expert.
Surprisingly, the presence and behavior of other customers is just as important to brand loyalty as customer service, said Clay Voorhees. As a real-world example, he noted the fact that Abercrombie & Fitch offered to pay troublemaking cast members of the MTV reality show “The Jersey Shore” to stop wearing its clothes. (more…)
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 Consumers.
The Surveys, conducted by the U-M Institute for Social Research, have been monitoring consumer attitudes and expectations for over 60 years. (more…)
EAST LANSING, Mich. — The rate of workplace deaths in Michigan remained steady in 2011, as 141 workers died on the job compared with 145 in 2010, according to an annual report from Michigan State University.
The motto of this site is to exchange knowledge and solutions. In my bid I will move forward to another important arena through this post. It is about exhibitions and managing your exhibition presence. (more…)
