Economy – Page 45 – Shamskm: A site to exchange knowledge and solutions

Significant Natural Gas Resources Remain to Be Discovered in Cook Inlet, Alaska

By Guest PostJuly 1, 2011Economy, Environmentalaska, alaska division of oil and gas, brenda pierce, coalbed gas, cook inlet, cook inlet region, natural gas, oil and gas resources, petroleum potential, U.S. Geological Survey, usgs, usgs assessment

The Cook Inlet Region of Alaska contains an estimated mean of 19 trillion cubic feet of natural gas, about 600 million barrels of oil, and 46 million barrels of natural gas liquids, according to a new assessment by the U.S. Geological Survey (USGS). This estimate is of undiscovered, technically recoverable oil and gas resources, and includes both unconventional and conventional resources.

These gas estimates are significantly more than the last USGS assessment of southern Alaska in 1995, in which a mean of 2.14 trillion cubic feet of gas was estimated. This increase in the undiscovered resource is attributed to new geologic information and data. (more…)

Public Firms Weathered Recession Better Than Expected

By Guest PostJune 19, 2011EconomyAIG, bank, bank losses from toxic assets, credit supply, financial crisis, kathy kahle, lehman brothers, neiman marcus, ohio state university, operation of the credit channel, professor of finance, rené m stulz, smaller firms, subprime mortgages, university of arizona

The prevailing narrative of the financial crisis revolves around banks’ reduced ability to issue loans, but a new paper by University of Arizona associate professor of finance Kathy Kahle reveals that the credit supply shock did not affect publicly traded firms as much as expected.

Bank losses from toxic assets were responsible for the credit contraction, but those toxic assets – mostly mortgage-backed securities – are not directly related to the performance of industrial firms. (more…)

UF: Florida Population Soars in Century’s First Decade, But Rate is Slowing

By Guest PostJune 15, 2011Economyannual population increases, economic growth, flagler and sumter counties, florida, growth rates, hillsborough county, metropolitan city, miami dade county, monroe, orange county, palm coast, pinellas, population growth, projections, stan smith, university of florida, warrington college of business administration

GAINESVILLE, Fla. — Florida was again one of the country’s leaders in population growth in the last decade, but the growth rates over the past few years have been among the lowest in the state’s history, according to a new study by the University of Florida.

Florida’s permanent resident population increased by more than 2.8 million between 2000 and 2010 — an increase of 17.6 percent to 18,801,310. That mark was the third-largest numeric increase and the eighth-largest percentage increase in the country. However, the growth rate lagged behind previous periods for the state, and projections are the growth rate will steadily decline through 2040. (more…)

The Downside and Surprising Upside of Microcredit

By Guest PostJune 12, 2011Economyhow microcredit works, impacts of microcredit, microcredit, microcredit lending, microcredit ventures, small business, study of microloans

Microcredit, which involves giving small loans to very small businesses in an effort to promote entrepreneurship, has been widely touted as a way to reduce poverty and stimulate economic growth. A multitude of both non- and for-profit institutions are spending billions of dollars each year on microcredit ventures in developing nations around the globe. (more…)

To Boost Customer Satisfaction, Business Owners Should Pay Attention to Employee Job Satisfaction, MU Business Researcher Finds

By Guest PostJune 4, 2011Economycustomer loyalty, customer satisfaction, job satisfaction, repurchase intentions

COLUMBIA, Mo. — Previous studies have shown that customer satisfaction plays a key role in the health and future success of any company. When customers are satisfied, they keep coming back to the same store and invite their friends to do the same. Now, a new study from the University of Missouri has found that CEOs who pay attention to employees’ job satisfaction are able to boost both customer satisfaction and “repurchase intentions,” or the number of customers that intend to purchase products from the store. (more…)

Why Russians Think Americans Don’t Own Their Homes

By Guest PostMay 22, 2011Culture, Economyamerican housing system, american model, credit card debt, fannie mae, free market economy, home ownership, homeowners, housing the new russia, jane zavisca, metaphor, mortgage, russia, russian government, russians, sociologist, soviet era, soviet era housing, soviet union, university of arizona

*UA sociologist Jane Zavisca says the two countries are polar opposites when it comes to mortgage financing.*

When the Soviet Union disintegrated in 1991, one of the structural problems the new government and free-market economy had to deal with was housing. Most Russians lived in government-owned apartments that had been built beginning in the late 1950s. The question then became, who owned all of that Soviet-era housing?

In her new book, “Housing the New Russia,” due to be published by Cornell University Press, Jane Zavisca said the new Russian government dealt with it by announcing that this huge stock of apartments was, as of 1992, privately owned. (more…)

Harris School Economist: Refunds Don’t Always Help Lower-Income Taxpayers

By Guest PostMay 8, 2011Economyincome tax return, money back, refund anticipation loans, tax policies, tax refund, taxpayers

Getting a tax refund from the federal government at the end of the year may not always be the best option for lower-income populations, according to the research from Harris School economist Damon Jones. (more…)

Firms Use Media Coverage to Influence Merger Negotiations

By Guest PostApril 29, 2011Economy, Mediacompanies, corporate press releases, denis sosyura, kenneth ahern, merger negotiations, merger talks, positive effect on stock returns, ross school, stock exchange ratio, stock issues, stock prices, stock trading, strategic use of media, university of michigan, who writes the news

ANN ARBOR, Mich.— Companies involved in merger talks manipulate their stock prices during negotiations by releasing more news than usual, according to a University of Michigan study.

“Media coverage has a significant effect on stock trading and returns,” said Kenneth Ahern, assistant professor of finance at U-M’s Ross School of Business. “Even stale news, if widely publicized, can dramatically raise short-term returns and influence prices of large and widely followed stocks in the S&P 500.”

In their study, “Who Writes the News? Corporate Press Releases during Merger Negotiations,” Ahern and Ross School colleague Denis Sosyura examined more than 500 completed stock mergers of large U.S. publicly traded firms from 2000 to 2008. They studied the frequency and content of news releases issued by acquiring firms, and analyzed more than 617,000 articles in 421 newspapers and newswires worldwide. (more…)

Category Archives: Economy