Latest Jay Zagorsky Stories

2012-03-15 23:23:34

A new national study suggests that adults who receive an inheritance save only about half of what they receive, while spending, donating or losing the rest. The results are good news for retailers, restaurant owners and people in the service industry who will receive that windfall. But it is bad news for those who are concerned about the low U.S. savings rate, said Jay Zagorsky, author of the study and research scientist at Ohio State University´s Center for Human Resource...

2012-03-15 23:01:42

New study suggests people save no more than half of their inheritance Ever wondered what other people do with their inheritance? Do they save, spend or turn it down? According to Jay Zagorsky, from The Ohio State University in the US, it would appear that for roughly every dollar inherited, people save about one-half and either, spend, donate or lose the rest. His work, based on the analysis of data from two large samples of the US population, is published online in Springer's Journal of...

Freshman 15 A Myth: Study
2011-11-02 05:45:16

The belief that college freshmen gain an average of 15 pounds during their first year of school is untrue, according to a new study by researchers at the Ohio State University. Rather, the average student gains between 2.4 and 3.4 pounds during their first year of college, the researchers reported on Tuesday. “The ℠freshman 15´ is a media myth,” said Jay Zagorsky, research scientist at Ohio State University's Center for Human Resource Research and co-author of the...

2009-08-11 09:52:10

The use of food stamps is associated with weight gain in women, but U.S. researchers say they don't know exactly why. The 14-year study, published in Economics and Human Biology, finds the average user of food stamps had a body mass index 1.15 points higher than non-users and the link was almost entirely based on women users, who averaged a 1.24 point higher BMI, or 5.8 pounds, than those not in the program. Study co-author Jay Zagorsky of Ohio State University's Center for Human Resource...

2009-08-10 12:10:00

The U.S. Food Stamp Program may help contribute to obesity among its users, according to a new nationwide study that followed participants for 14 years.Researchers found that the average user of food stamps had a Body Mass Index (BMI) 1.15 points higher than non-users.  The link between food stamps and higher weight was almost entirely based on women users, who averaged 1.24 points higher BMI than those not in the program, the study found.  For an average American woman, this would...

2006-01-19 13:20:00

By Joanne Morrison WASHINGTON -- Staying married has its benefits, especially financial, as a new U.S.-wide study shows the wealth of a married person is almost double that of somebody who is single. Divorce among U.S. baby boomers reduced personal wealth by about 77 percent compared to that of a single person, while the financial standing among those who remained married almost doubled, according to a nationwide study released this week. "If you really want to increase your wealth, get...

2005-07-21 10:50:00

NEW YORK -- Overweight people who trim down substantially may improve both their health and their wealth, if new research is correct. The study, based on 15 years' worth of data from a large U.S. survey, found that both weight and weight changes were related to people's net worth -- their assets minus their debts. In general, people with a normal body mass index (BMI) had the highest net worth, and heavy people who lost a significant amount of weight tended to see their wealth increase. Minor...

2005-07-06 16:45:00

COLUMBUS , Ohio -- Overweight Americans who lose a lot of weight also tend to build more wealth as they drop the pounds, according to new research. The study found that the link between weight loss and wealth gains was particularly strong among white women. Black women and white men also gained wealth as they lost weight, but not as much as did white women. The wealth of Black men was basically unaffected by their weight. There's no way to tell from the data whether losing weight was...

Word of the Day
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.