Governors and legislatures around the country are hoping that ending Unemployment Insurance (UI) will light a fire under those who are seeking jobs. But a new study shows the end to those benefits hasn't had the anticipated outcome. “To evaluate the impact of the expiration of additional (unemployment insurance) payments, we asked respondents whether this expiration will influence the time and effort they devote [...]
When a new district attorney takes office, police kill fewer people, according to a new study from Allison Stashko, an assistant professor in the Business Economics Group. "Deaths decline no matter what the new prosecutor’s political party or policy platform might be," Stashko writes. "During that time, we find no changes in arrest rates or assaults on police officers. That suggests that officers can [...]
Poets & Quants has named the Eccles School's Jonathan Brogaard to its annual 40 Under 40 Professors list. Brogaard, a professor of Finance, currently teaches Advanced Finance in the Executive MBA program. "I get pretty excited about teaching. It is a lot of fun, and I hope that comes across to the students," Brogaard said. "It is probably corny to say, but the process [...]
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.
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 [...]
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.
The Student Investment Fund at the David Eccles School of Business hit the $1 million mark on Aug. 5, 2020. “I am really excited to reach the $1 million threshold,” said Elizabeth Tashjian, a professor of Finance and faculty advisor of the Student Investment Fund. “Although it is an arbitrary number, it says to our students, our alumni, and employers that the students have [...]
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.