Market report: Rising stock wealth does boost spending, employment

The stock market is a staple of business news, but it is unclear how meaningful stock prices are to the larger economy. Do changes in stock prices directly affect shorter-term consumption, or are they just leading indicators ...

Study finds treaties help developing economies spur investment

Developing economies suffer from a paradox: they don't receive investment flows from developed economies because they lack stability and high-quality financial and lawmaking institutions, but they can't develop those institutions ...

Lack of managers keeps India's businesses small

In today's economy, American businesses often tap into professional management to grow, but most firms in India and other developing countries are family owned and often shun outside managers. A new study co-authored by Yale ...

How religion can hamper economic progress

Religion hampered the diffusion of knowledge and economic development in France during the Second Industrial Revolution (1870-1914), according to research by Mara Squicciarini of Bocconi University recently published in the ...

Owe the IRS? No problem, some Americans say

A new study shows the surprising way that many American taxpayers adjust their standard of living when they owe money to the IRS versus when they receive tax refunds.

New study examines mortality costs of air pollution in US

A team of University of Illinois researchers estimated the mortality costs associated with air pollution in the U.S. by developing and applying a novel machine learning-based method to estimate the life-years lost and cost ...

Adverse effects of humanitarian food aid disputed in new study

A renowned 1992 sketch on "Saturday Night Live" follows newly elected President Bill Clinton as he and Secret Service agents jog into McDonald's. When a customer asks if he's in favor of sending U.S. troops to Somalia, Clinton ...

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