Economy – Page 47 – Shamskm: A site to exchange knowledge and solutions

Lack of Credit Forces Many Small Business Owners to Finance with Personal Assets

By Guest PostMarch 3, 2011Economyamerican economy, bank loans, economic recession, holly schrank, household investment, household savings, ownership, personal assets, portfolio, risk of business failure, small business owners, small businesses, tansel yilmazer, university of missouri

*MU researcher says business owners can put their households at financial risk*

COLUMBIA, Mo. – Small businesses are seen as an important part of the American economy. These businesses often rely heavily on loans to stay afloat. The recent economic recession has created a reduction in available credit for many small businesses, making it difficult for many businesses to operate. Tansel Yilmazer, assistant professor in the personal financial planning department in the College of Human Environmental Sciences at the University of Missouri, says that lack of available credit has forced many small business owners to use their household savings or other personal assets to support their businesses, putting their personal assets at risk. (more…)

MSU Researchers: China Needs More Protection of Farmer Land Rights

By Guest PostMarch 1, 2011Economychinese countryside, chinese farmers, corporate farming, farming families, grain security, land rights

EAST LANSING, Mich. — China should protect land rights of all farm families and restrict corporate farming, argues a Michigan State University researcher whose team found that secure farm land rights will be key to closing the income gap between Chinese cities and countryside. (more…)

Stresses of Unemployed Spouse Can Hurt Job Performance of Other Spouse, Study Finds

By Guest PostFebruary 21, 20112 commentsCulture, Economyemployee's productivity, interpersonal relationships, journal of applied psychology, maw-der foo, national university of singapore, stresses of an unemployed spouse's job, unemployment situation, university of colorado boulder

Ignoring the stresses of an unemployed spouse’s job search does not bode well for the employed spouse’s job productivity or home life, says a University of Colorado Boulder professor.

Associate Professor Maw-Der Foo of CU-Boulder’s Leeds School of Business studies employee workplace issues, including those related to interpersonal relationships. (more…)

Shiller Paper Cited As One of the Century’s Top Economic Articles

By Guest PostFebruary 17, 2011Economy100 year history, aer, american economic review, article, b douglas bernheim, behavioral finance paper, book, changes in stock market prices, daniel l mcfadden, dividends, dot com bubble, efficient markets hypothesis, focal point, irrational exuberance, james m poterba, kenneth j arrow, martin s feldstein, modern era, professor of economics, rational expectations, robert j shiller, robert m solow, shiller index, shiller paper, stephen a ross, stock market, stock prices, top 20 articles, yale professor

An article written by Robert J. Shiller, the Arthur M. Okun Professor of Economics, was recently named one of the “top 20” articles in the 100-year history of the American Economic Review (AER), the premier journal in the field of economics.

“Do Stock Prices Move Too Much to Be Justified by Subsequent Changes in Dividends?” was published in the June 1981 edition of the AER and became a focal point of debate and research over the question of whether changes in stock market prices are driven by rational expectations — what’s called the efficient markets hypothesis — or by other forces. (more…)

10 Reasons Why It Has Become So Soul-Crushingly Difficult To Find A Job In America Today

By Guest PostFebruary 13, 2011Economyadvances in technology, Barack Obama, China, economic benefit, economic downturn, Economy, find a job, food and drug administration, gallup, globalism, middle class, mortgage, rene sommer, robot, soul crushing, taxation, today, trade deficit, u s, unemployed, unemployed worker, united states, war zones

Have you been unemployed lately? If so, then you probably know how frustrating it is to try to find a job in the United States today. It now takes the average unemployed worker about 33 weeks to find a job. There are millions of Americans that have not been able to find a full-time job even after searching hard for an entire year. Some areas of the United States have been devastated so badly by the economic downturn that they are starting to resemble war zones.

Unless you have been there, it is hard to even try to describe the extreme frustration that one feels when you are unable to pay the mortgage and feed your family. It can be absolutely soul-crushing. But it is not the fault of those who are unemployed. The truth is that our economy is dying and it is not producing nearly enough jobs anymore. Unfortunately, as you will see from the facts listed below, most of the things that are causing our economy to die have no realistic chance of being changed any time soon.

The following are 10 reasons why it has become so insanely difficult to find a job in America today…. (more…)

Study: Consumers Value Safer Food More Than Current Analyses Suggest

By Guest PostFebruary 9, 2011Economy, Healthassess the value, brian roe, consumer behavior, contamination, cost benefit analyses, cost of illness, deaths, e coli, eat bad food, economic model, food borne illnesses, food safety, government regulators, hamburger, hypothetical scenarios, kidney damage, mario teisl, pathogen, predict, roe and teisl, shiga toxin, usda

COLUMBUS, Ohio – Government regulators could more realistically assess the value of improving food safety if they considered the fact that consumers typically want to avoid getting sick – even if it means they have to pay a little extra for safer food, researchers say.

In the world of food regulation, cost-benefit analyses are a primary tool for assessing the societal benefits of mandating more stringent – and more expensive – processing practices. In most cases, regulators determine a dollar value associated with pursuing new rules by estimating how many illnesses and deaths the safer processing would prevent. (more…)

China Becomes World’s Largest Producer of Gold

By PravdaFebruary 9, 2011Economyartem cherniavsky, central bank of russia, China, china gold association, economic and financial security, eurozone, fujian, georgy luntovsky, gold, gold mining, gold reserves, goldenfront, henan, international monetary fund, Jiangsu, nonferrous metals, production volume, provinces, russia, shandong, South Africa, world, world leading economies, yunnan

In 2010, China mined the record amount of gold in the world. The production volume of nonferrous metals in China amounted to 340.88 tons, which is 8.57% higher than a year earlier, and continues to grow. In recent years, China has consistently increased the amount of its gold reserves. Nevertheless, experts believe that China has a long way to go to reach the level of the world leading economies.

According to the China Gold Association, in 2007 China ranked first in terms of gold mining. It outran South Africa and is holding this position to this day. Starting 2004, the volume of production of the precious metal in China has been steadily growing. In 2009 it amounted to 313.98 tons. The volume of the gold imported by China within ten months of 2010 amounted to 209.72 tons, which is six times more than the year before, Rosbalt reported. (more…)

Build it and They Will Come? Think Again

By Guest PostJanuary 25, 2011Economyair travel passengers, american cities, conventional wisdom, dallas, east coast, economic development, Houston, job creation strategies, job growth, jobs, miami, midwestern cities, permanent nonfarm jobs, Phoenix, riverside, sunbelt cities, zachary neal

EAST LANSING, Mich. — When it comes to economic development in American cities, the trusted old theory “If you build it, they will come” may not work, a Michigan State University sociologist argues in a new study.

Conventional wisdom holds that job growth attracts people to urban areas. (more…)

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