Economists find kinship networks play key role to access credit

In times of financial hardship, or when opportunities arise, the ability to borrow can be critical. Some people rely on commercial lenders, while others depend on relatives, especially in developing countries. But a new study ...

Switching to an energy crop: Break even or make a profit?

Along with the growing interest in biomass energy crops as renewable alternatives to fossil fuels comes a growing list of questions from corn and soybean farmers about what it will cost them to switch. University of Illinois ...

Greenpeace warns EU off herbicide-tolerant GM crops

Global environmental watchdog Greenpeace launched a new report Monday warning the European Union against authorising herbicide-tolerant genetically engineered (HTGE) crops, saying they would lead to herbicide-resistant super-weeds.

Mortgage risks underestimated, economists conclude

(Phys.org)—The Federal Housing Authority (FHA) underestimates the risks of defaulted mortgages, NYU economist Andrew Caplin concludes in a new study co-authored with economists at the Federal Reserve Bank of New York.

New research measures the cost of getting cleaner air

(Phys.org)—Extensive environmental regulations have brought cleaner air and health improvements to the United States, but they also have increased the cost of manufacturing and reduced industrial productivity, according ...

Study: One in four divorces 'inefficient'

(Phys.org)—Many people divorce with hope of finding greater happiness than they did in a "bad" marriage. But a new national study by an Iowa State University economics professor found that in approximately one in four divorces, ...

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