It has long been known that credit cards encourage spending — but no one knows exactly why. New research from Sachin Banker, assistant professor of Marketing, helps shed some light. “You’re basically feeling more reward when you shop with credit cards,” he said. “We don’t see that with cash. It was actually a very stark difference.” Get the full story in The Wall Street [...]
Ever struggled to understand a scholarly article, and ended up passing it over for citation? Turns out you are not alone. New research shows that abstract, technical, and passive prose keeps important research from reaching the masses. Tianyu Gu, an assistant professor of Marketing and colleagues show that readers struggle to understand this type of writing, and therefore tend to pass it by. Read [...]
A heart attack made Jonathan Frostick re-evaluate his life priorities, and while recovering, the British man wrote a now-viral post on LinkedIn where he vowed to find a better work-life balance. We become so attached to our job identity that we will work long, arduous hours to protect it, Eccles School Professor of Management Glen Kreiner told New York Times. “Sometimes, that’s why it [...]
Women of color are driving small-business growth during the pandemic. But many are missing out on help such as the Payroll Protection Plan offered by the federal government, despite having applied. “All of us in economics and strategy are predicting an enormous surge in economic activity due to pent-up demand,” said Lyda Bigelow, associate professor in the Department of Entrepreneurship and Strategy at the [...]
Members of marginalized communities tend to live in homes that command lower prices due to the accumulated effects of racism, yet their properties are often assessed at inflated values. That's according to research by Troup Howard of the Marriner S. Eccles Institute for Economics and Quantitative Analysis. The New York Times cited Howard's study in a recent op-ed on the inequities of assessing property [...]
Passive investors are known for being steady. They don't follow every fluctuation in price, or listen to trading floor gossip. That passive approach may be messing up price signals and making business decisions harder, according to research from the Eccles School's Jonathan Brogaard and Matthew Ringgenberg. Discover how in The Atlantic.
The pandemic has been hard on the labor market, but Utah seems to be bucking that trend, according to new analysis from The Wall Street Journal. Utah had the lowest average unemployment rate and highest number of people working or looking for jobs. “We went into the pandemic well-positioned,” said Natalie Gochnour, associate dean at the University of Utah’s David Eccles School of Business. [...]
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.
