Latest Scott Weisbenner Stories
University investment decisions can deepen job losses and other financial cuts when market collapses carve into budget-supporting endowment funds, a new study by the National Bureau of Economic Research found.
Debate has simmered for a half-century over why firms pay out cash dividends, siphoning money away from business-building investments and often creating an added tax burden for the shareholders who collect them.
Firms with heavy long-term debt that came due amid the nationâ€™s recent credit crisis slashed investment more than three times as much as companies whose paybacks ducked the meltdown, a new University of Illinois study found.
Jeffrey R. Brown and Scott Weisbenner say the unique study shows that unexpected inheritances hasten retirement, lending new credence to widely held economic theory that people value leisure time and will parlay newfound wealth into less work.
- A gift; a largess; a gratuity; a present; a dole.