Although the U.S. Equal Credit Opportunity Act prohibits discrimination in mortgage lending, biases still impact many borrowers. One 2021 Journal of Financial Economics study found that borrowers from minority groups were charged interest rates that were nearly 8 percent higher and were rejected for loans 14 percent more often than those from privileged groups. When these biases bleed...
A new paper in Oxford Open Economics, shows that the US dollar can be considered as a major global factor that investors look at when making their portfolio allocation decisions in stock markets in emerging economies. The global integration of banking and capital markets means that the growing heft of global investors, such as banks, mutual...
Financial markets are more efficient than some speculators may want to believe. When it comes to predicting the performance of markets, everyone wants an edge—an advantage that sets them apart from the competition. Getting such an edge is achievable, but it’s never going to be easy and it will be impossible to maintain over time,...
The movement of high-growth firms that directly contribute to the regional economy may be more complex than previously thought, new research suggests. A case study in Franklin County, Ohio – home to Columbus – found that when growing firms moved within the county, almost equal numbers of them moved downtown or to the suburbs. Most...
New research published March 11 in Criminology by Sadé Lindsay, sociologist in the Cornell Brooks School of Public Policy, finds that the formerly incarcerated face a “prison credential dilemma” when deciding whether to use credential from prison education and training programs when seeking employment. The research article, “Damned if You Do, Damned if You Don’t: How...
About 4 million people who reported use or misuse of prescription opioids or heroin in 2014 also reported having a concurrent arrest or active probation or parole status. Individuals who report opioid use are significantly more likely to have been arrested compared to those who do not use opioids. Opioid agonist treatment, which includes federally...
You are the one who soaks the malt in a jar, The waves rise, the waves fall. Ninkasi, you are the one who soaks the malt in a jar, The waves rise, the waves fall. This stanza, written down on a piece of clay in 1800 BC, is part of a curious hymn: part song,...
To create a safer learning environment for Black students, schools should turn to culturally relevant and Afrocentric policies and practices that better incorporate their identity in the school culture, according to a new University at Buffalo-led study. The research, published earlier this year in School Psychology International, suggested that practices such as allowing Black students and their...
About 18% of patients with injuries sustained in motor vehicle crashes (MVCs) acknowledge that distracted driving contributed to the crash – although the true rate is likely even higher, according to a report in The Journal of Bone & Joint Surgery. Meanwhile, nearly every patient in the survey study acknowledged distracted driving at least sometimes, according to the...
When cities or counties institute plastic bag bans or fees, the idea is to reduce the amount of plastic headed to the landfill. But a new analysis by a University of Georgia researcher finds these policies, while created with good intentions, may cause more plastic bags to be purchased in the communities where they are...
