Could poor math skills raise your risk for foreclosure?
Borrowers who struggle with math are more likely to fall behind on their mortgage payments and face foreclosure than those who have stronger financial skills, new research suggests.
Borrowers who struggle with math are more likely to fall behind on their mortgage payments and face foreclosure than those who have stronger financial skills, new research suggests.
Economics & Business
Jun 24, 2013
8
0
(Phys.org) —Required reading for those examining the cause and effect of bread lines: Two papers, one published in 2010 and the other published just this month, poking holes into the 2010 study and inciting a global wave ...
(Phys.org) -- During the 20-year period from 1989 to 2008, 21% of of all stocks listed in US stock markets became bankrupt. Since bankruptcies affect many investors and have played a large role in the recent global financial ...
(PhysOrg.com) -- Long-standing problems are quite often solved simultaneously by various people working alone. Take, for example, naturalists Charles Darwin and Alfred Russel Wallace, who separately proposed the theory of ...
Economics & Business
Mar 17, 2011
1
0
(PhysOrg.com) -- Daylight saving time is supposed to reduce energy use, but data gathered from a state in the US suggests it actually does the opposite.
(PhysOrg.com) -- Economists have finally proved what most of us have suspected for a long time - when it comes to apologising, talk is cheap. According to new research, firms that simply say sorry to disgruntled customers ...
Economics & Business
Sep 21, 2009
4
0
Platforms that offer rides to passengers, such as Uber and DiDi, thrive on socio-economic inequality. By modeling the behavior of passengers and self-employed drivers, researchers of TU Delft simulated the market for ridesourcing ...
Social Sciences
6 hours ago
0
14
Using firm-level data from the global supply network, researchers from the Complexity Science Hub (CSH) quantified countries' exposure to production losses caused by firm defaults in other countries. According to their findings, ...
Economics & Business
Apr 19, 2024
0
24
Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a study published in Nature finds. These damages ...
Economics & Business
Apr 17, 2024
0
56
An analysis of building footprints in major US metropolitan areas identifies five different neighborhood types that vary in footprint size, shape, and placement, and which are statistically associated with varying neighborhood ...
Social Sciences
Apr 10, 2024
0
49