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Latest Fellows of the Econometric Society Stories

2010-09-27 13:33:00

Live Q&A Discussion with National Journal's Ron Brownstein WASHINGTON, Sept. 27 /PRNewswire-USNewswire/ -- National Economic Council Director Dr. Larry Summers will be the keynote guest at National Journal LIVE's Workforce of the Future Conference tomorrow, September 28, in Washington, D.C. Dr. Summers will participate in a live question-and-answer discussion with Ron Brownstein, editorial director of National Journal Group. Dr. Summers's keynote discussion will begin at 8 a.m. in...

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2010-09-08 07:50:00

Have you ever been told money can't buy happiness? Well according to two researchers, money can buy happiness. At least to a point! People's emotional well-being -- happiness -- increases as their income increases up to about $75,000, the researchers report in Tuesday's edition of Proceedings of the National Academy of Sciences. Angus Deaton, an economist at the Center for Health and Wellbeing at Princeton University, told the Associated Press (AP) that for people who make less than that...

2010-03-10 06:30:00

PRINCETON, N.J., March 10 /PRNewswire-USNewswire/ -- In 1995, economist Rachel Kranton wrote future Nobel Prize-winner George Akerlof a letter insisting that his most recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. This was the beginning of a fourteen-year collaboration--and of IDENTITY ECONOMICS. People often make the choices that will define their...

2010-01-04 10:02:00

NEW YORK, Jan. 4 /PRNewswire/ -- The TIAA-CREF Institute is pleased to announce the winners of the fourteenth annual TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security. George A. Akerlof, Koshland Professor of Economics, University of California, Berkeley and Robert J. Shiller, Arthur M. Okun Professor of Economics, Yale University were recognized for their book, "Animal Spirits: How Human Psychology Drives the Economy, and Why it Matters for...

2009-09-16 13:14:37

The number of unemployed reached 2.47 million in Britain in July, the government statistics office said Wednesday. Among 16-24 year-olds, 947,000 were recorded as unemployed in the latest report, a jump of about 60,000. One in five youths in Britain are now listed as unemployed, The Times of London reported Wednesday. The unemployment rate for youths is a record 19.7 percent. For the country as a whole, the unemployment rate is 7.9 percent, a 13-year high. More workers, particularly young...

2009-04-02 08:30:00

Robert H. Frank and Ben S. Bernanke Connect Today's Classroom to the Economy NEW YORK, April 2 /PRNewswire/ -- College students around the world are experiencing the impact of the current financial situation on their own lives, from fewer job opportunities to the reduced availability of financial aid. Now more than ever, Economics students want to understand how theories from the classroom can be applied to what goes on in the real world. McGraw-Hill Education's revised and updated...

2009-01-19 13:01:36

A key economic adviser to Barack Obama said the new administration expects U.S. banks to increase lending as a condition for receiving government aid. Speaking on CBS's Face the Nation, Lawrence Summers, the oncoming director of the National Economic Council, said banks using government assistance would be expected to lend above their baseline levels," Financial Times reported Monday. On ABC's This Week program, another Obama adviser, David Axelrod said, we want to see credit flowing again....

2008-12-21 09:51:00

NEW YORK, Dec. 21 /PRNewswire/ -- Newsweek's first ever list of the world's 50 most powerful people lays out a roadmap for how the world works today. The December 29, 2008-January 5, 2009 double issue, "The New Global Elite" (on newsstands Monday, December 22), opens with an essay by Editor, Jon Meacham who looks at the history of power, how it is earned and how it transforms those who have it. Meacham also explains how the list of new global elite was determined. (Photo:...

2008-11-07 00:00:19

An entrepreneur and visionary marketer who built his successful investment firm on finance principles he learned at the University of Chicago Graduate School of Business has returned the favor by making the largest donation in the University's history and the largest gift to any business school in the world, the school announced today (Thursday, November 6). The donor is David G. Booth, founder and chief executive of Dimensional Fund Advisors, an investment firm, his wife Suzanne Booth...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.