Category Archives: Economy

Commentary in Nature: Can Economy Bear What Oil Prices Have in Store?

Stop wrangling over global warming and instead reduce fossil-fuel use for the sake of the global economy.

That’s the message from two scientists, one from the University of Washington and one from the University of Oxford in the United Kingdom, who say in the current issue of the journal Nature (Jan. 26) that the economic pain of a flattening oil supply will trump the environment as a reason to curb the use of fossil fuels. (more…)

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How the Big Three forgot Accounting 101

EAST LANSING, Mich. — The Big Three were so driven by short-term profits that they forgot – or ignored – basic accounting practices that could have guarded against production decisions with long-term damage, according to an award-winning study by Michigan State University and Maastricht University in the Netherlands. (more…)

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Research Focuses on Youth, Chronic Illness and Employment

PhD candidate explores their interconnection

Like any 28 year old, Arif Jetha, a fourth-year PhD candidate at the University of Toronto’s Dalla Lana School of Public Health, is worrying about his future. Once he completes his PhD, should he remain at home with his parents and pursue post-doctoral work or move on to full-time employment and begin establishing his career? (more…)

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Investment Risk Tolerance Affected by Age, Economic Climate, MU Study Shows

COLUMBIA, Mo. – As the U.S. economy continues to lag, many investors remain wary about taking risks with the stock market. Now, researchers at the University of Missouri have concluded that this attitude toward investment risk-taking is influenced by the age of the investor and the economic climate of the time period. Rui Yao, an assistant professor of personal financial planning in the College of Human Environmental Sciences at MU, found that willingness to take financial risks, or “risk tolerance,” decreases as investors age.

“Age has a pragmatic relationship with financial risk,” Yao said. “Each additional year of life represents a shortened time horizon for recouping market losses. In addition, individuals approaching or in retirement may shift focus from asset accumulation to asset preservation. These individuals may become relatively more concerned about potential loss of money when they are closer to retirement or no longer have a steady source of income.” (more…)

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