Student debt relief has become a hot topic in the Biden administration, with many calling for across-the-board forgiveness. But Adam Looney, executive director of the Marriner S. Eccles Institute for Economics and Quantitative Analysis, says a more targeted approach is in order, since much of the debt - 36% - is owed by individuals in the top 20% of income distribution. Read Looney's full [...]
Sex, money, politics ... we've been raised to avoid these topics in polite conversation. But one Eccles School professor, Eric VanEpps, has some new research that sheds light on what turns a regular question into a sensitive one. He recently shared his thoughts with the Freakonomics podcast. Give it a listen.
Auto giant GM recently announced it will phase out gasoline-fueled cars by 2035. But what does that mean for air quality? Professor Glen Schmidt joined ABC4's IN FOCUS to discuss the business impact of the auto maker's announcement. Watch the full discussion here.
New research by several Eccles School faculty is showing up in news articles across the country. The research shows that state-wide mask mandates benefit local economies and provide health benefits. County-or-city-wide mandates do not appear to have the same benefits. Read more about the research in Forbes, The Washington Post, CBS Money Watch, The Chicago Tribune, and the Mississippi Free Press.
The tax burden on the middle-class is a huge talking point for politicians. But is the burden actually that onerous? New research from Adam Looney and his colleagues shows that many in the middle class get more benefits than they pay in taxes. Read about their findings in The Washington Post.
Researchers at the Marriner S. Eccles Institute for Economics and Quantitative Analysis have found that statewide mask requirements not only reduce the transmission of COVID-19, but they also spur more economic activity, while countywide mask requirements actually depress economic activity. “The thing that really pops out,” said lead research Nathan Seegert, assistant professor of Finance at the Eccles School, “is that statewide mask mandates [...]
COVID-19 isn't the only thing catching in the workplace these days. Turns out, overconfidence also can spread like a virus and is highly contagious, according to research by the Eccles School's Elizabeth Tenney and her co-authors. Learn how to keep yourself safe from falling into the overconfidence trap in Harvard Business Review.
How does the world pay for things like health care and social security with an increasingly aging population? It's a big question, but the Eccles School's Derek Hoff literally wrote the book on the subject. “The argument is that if you don’t have steadily rising populations you can’t have economic growth, and there is this crisis for social support systems of too many old [...]
Congratulations are in order for Glen Kreiner, professor of Management at the Eccles School. His paper “Normalizing dirty work: Managerial tactics for countering occupational taint,” has won the first Impact Award from the Academy of Management Journal. The award recognizes AMJ articles that have the potential to make the greatest impact by answering research questions that are important for society. The award committee considered [...]
The benefits of remote working are winning over employees and — surprisingly — managers, making telework one of the bright points of the COVID-19 pandemic. But the experience is largely dependent on the employees' home situation, says Eccles School management researcher Glen Kreiner. “The biggest issues are usually found in differences at the level of the individual. Some people are just not cut out [...]
Study co-authors Tiana Rogers, Ph.D., and Charles Rogers, Ph.D. A new study co-authored by Tiana Rogers, a Program Manager for Sorenson Impact Center’s Data, Policy, and Performance Innovation team, found that Black people disproportionally work in nine essential occupations that increase their exposure to the virus that causes COVID-19. “I find it ironic that the people we depend on as essential workers [...]
It's no secret that COVID-19 has decimated the economy. But the hoped-for V-shaped recovery does not seem to be forthcoming, says Eccles School Finance Professor Jonathan Brogaard. He predicts more defaults and says the government may need to extend support to keep large segments of the economy from failing. Read his full comments in Newsweek.
Is your property tax evaluation racist? Probably so, according to new research from Eccles School economist Troup Howard. He and his co-author Carlos Avenancio-León of Indiana University looked at data from 118 million homes over the course of a decade, and found a huge "assessment gap" that shows Black and Latinx residents pay 10 to 13 percent more than white residents for the same [...]
Congress is taking steps and starting to put pressure on China when it comes to complying with oversight on exchanges. Roger Silvers, of our School of Accounting, shared his thoughts on why this action is critical with Barron's opinion page.
Turns out we might still need humans on trading floors. New research from Eccles School professors Jonathan Brogaard and Matthew Ringgenberg shows that when face-to-face trading became too dangerous in the recent pandemic, "we find that floor traders are important contributors to market quality, even in the age of algorithmic trading. The suspension of floor trading leads to higher effective spreads, volatility, and pricing [...]
Congratulations are once again in order for professor Jay Barney, who has received the 2020 Strategic Management Division Outstanding Scholarship Award. He shares the joint award with Margie Peteraf of Dartmouth College. The award will be presented at the upcoming Academy of Management Meeting in Philadelphia. The STR Distinguished Scholarship Award is awarded biannually for a discovery of major importance in strategic management. The [...]
Huge congratulations are in order for Roger Silvers, who has been awarded the prestigious De la Vega Prize from the Federation of European Securities Exchanges. Silvers, an assistant professor of Accounting, received the prize for his paper "Does regulatory cooperation help integrate equity markets?" Here's what the committee had to say: "The paper studies how cooperative arrangements between securities regulators facilitate market integration. Cooperation [...]
Short sellers are collectively right much more often than they are wrong, according to new research from the Eccles School's Matthew Ringgenberg, and that could be good news for investors. Read more about the findings in The Wall Street Journal.
Wondering when it will be safe to buy anything from a new home to a Caribbean cruise? Eccles School professors of marketing Arul and Himanshu Mishra join a group weighing in on the topic in Forbes.
Huge congratulations are in order for Bob Allen, professor of Accounting. He was just elected as the President-Elect of the American Accounting Association. Allen's three-year term will begin at the AAA annual meeting, scheduled for early August in Atlanta. Allen is a mainstay of the Eccles School Accounting department, educating hundreds of students each year. His research has been published widely in peer-reviewed journals, [...]
It can be easy to look at coronavirus hotspots and think the same won't happen in your state or city, but that sense of security is misleading, say Arul and Himanshu Mishra, David Eccles Professors of Marketing here at the Eccles School. "In effect, people somehow perceive human-drawn borders as physical protection against peril like earthquakes, nuclear catastrophe and fires. We've called this error [...]
We've been hearing quite a bit about the medical and economic impacts of COVID-19 and the coronavirus pandemic. But what about its social impact? The data science team at Sorenson Impact Center set out to measure just that, and they have a fascinating look at their findings in Forbes. And be sure to take a look at their interactive data map.
Our hospital workers are definitely among the heroes of the COVID-19 crisis, but they are joined by 340,000 Utahns who care for family, friends, and neighbors in their spare time, writes Debra Scammon, Emma Eccles Jones Professor of Marketing, in The Salt Lake Tribune. Scammon and her colleagues Lee Ellington, Robert S. and Beth M. Carter Professor in the College of Nursing and director [...]
Are mutual fund names misleading investors? The Securities and Exchange Commission fears so, and is cracking down. But is that the right move? Finance chair Michael Cooper is torn. See his reasoning in MarketWatch.
Investors and analysts trying to forecast the volatility of a company’s stock returns can find crucial insights in publicly available corporate disclosures, according to a new study. Under SEC disclosure requirements, corporate managers report their forecasts of a company’s stock-return volatility over the next few years, as Eccles School professors Atif Ellahie and Xiaoxia Peng note in their paper "Management Forecasts of Volatility." While [...]