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 from NYU Abu Dhabi may offer an explanation to the reasons behind the underrepresentation of women in fields that are perceived to prize raw intellectual talent or “brilliance.” A team of researchers led by NYU Abu Dhabi Assistant Professor of Psychology Andrea Vial, along with colleagues including NYU Professor of Psychology Andrei Cimpian, NYU...
Inflation reminders are everywhere these days. In conversations with friends, on social media, while driving to or past a gas station. And yes, at the grocery store. Nobody likes to pay more for food, that’s clear. But unfortunately, the world has not escaped all of the pandemic-related challenges just yet. And now there’s a war...
Exactly 20 years ago this month, Arthur Andersen — the accounting firm Enron had hired to audit the company’s financial statements — was investigated by the Department of Justice. Arthur Andersen quickly collapsed, and even though most of the firm’s 85,000 partners and staff weren’t directly responsible for what happened, they lost their jobs, their...
There is a scene in Hulu’s new series, “The Dropout,” where Theranos founder Elizabeth Holmes, wearing a white blouse, stands in front of a mirror and practices saying, “This is an inspiring step forward.” With each iteration, her voice deepens. As the world has learned about Theranos’ web of deception – whether through John Carreyrou’s...
The U.S. tech sector is growing 10 times faster and has wages twice as high as the rest of the economy. This industry also wins the race for high profits and stock returns. At the same time, the tech sector’s professional, managerial and executive labor forces are overwhelmingly white and male. It is not surprising,...
A new paper in Oxford Open Economics, indicates that, while digital financial services are often proposed as a vehicle to lower inequality, the cost and infrastructure barriers to accessing mobile phones may amplify economic disparities among women in developing countries. Previous research has suggested that digital financial services have the potential to improve access to money...
To the relief of avocado lovers from coast to coast, the recent drama between the United States and Mexico was fleeting. The U.S. Department of Agriculture banned imports of the fleshy fruit from Mexico on Feb. 11, 2022, after an employee of its Animal and Plant Health Inspection Service, who was working in Mexico, received...
The extraordinary pivot to a work-from-home (WFH) mode for a large segment of the world’s working population since March 2020 intensified an existing trend that began with the proliferation of digital technologies. As COVID-19 variants have cycled up and down over the past two years, flexible hybrids of the workplace modality emerged and evolved. The...
