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Economics / Business - 21.04.2020
Women are bearing brunt of coronavirus economic shutdown in UK and US
Women are bearing brunt of coronavirus economic shutdown in UK and US
Researchers find a gender gap in job loss probabilities even after controlling for education and occupation type. They also find a gender gap in hours of childcare during the pandemic.  Of all those still employed, 32% of people in the UK and 37% of people in the US believe they will lose their jobs in the next few months Christopher Rauh Women on both sides of the Atlantic are more likely to have lost their jobs or suffered a fall in earnings since the coronavirus pandemic took hold - even after accounting for differences in types of occupation, a new study suggests.

Economics / Business - 20.04.2020
A more holistic way to measure economic fallout from earthquakes
Officials know how to account for deaths, injuries and property damages after the shaking stops, but a new study, based on a hypothetical 7.2 magnitude quake near San Francisco, describes the first way to estimate the far greater financial fallout that such a disaster would have, especially on the poor.

Economics / Business - Health - 15.04.2020
Economic activity has halved during Spain's coronavirus lockdown
Economic activity has halved during Spain’s coronavirus lockdown
Almost one and a half billion spending transactions reveal "real time" reactions of consumers in a major western economy during the nation's peak pandemic period.  Within a big city, inequality in disease burden appears to be linked to inequality in economic burden Vasco Carvalho A new analysis of 1.4 billion credit and debit card transactions during the first three months of 2020 show that spending in Spain post-lockdown was an average of 49% lower than the same date the previous year.

Economics / Business - 06.04.2020
Making Biofuels Cheaper by Putting Plants to Work
Making Biofuels Cheaper by Putting Plants to Work
Biofuels are an important part of the broader strategy to replace petroleum-based gasoline, diesel, and jet fuels that we use today. However, biofuels have so far not reached cost parity with conventional petroleum fuels. One strategy to make biofuels more competitive is to make plants do some of the work themselves.

Health - Economics / Business - 03.04.2020
Younger workers hit harder by coronavirus economic shock in UK and US
Younger workers hit harder by coronavirus economic shock in UK and US
In addition, those on low incomes are more likely to have lost jobs or pay, and less able to complete work tasks from home. Researchers warn the COVID-19 downturn is likely to "increase inequality between young and old". The immediate impact of the coronavirus downturn on workers has been large and unequal Christopher Rauh Workers under the age of thirty, as well as those on lower incomes, on both sides of the Atlantic are already bearing the brunt of the economic shutdown caused by the COVID-19 pandemic, latest research finds.

Health - Economics / Business - 03.04.2020
Workers under 30 hit harder by coronavirus economic shock in UK and US
Workers under 30 hit harder by coronavirus economic shock in UK and US
In addition, those on low incomes are more likely to have lost jobs or pay, and less able to complete work tasks from home. Researchers warn the COVID-19 downturn is likely to "increase inequality between young and old". The immediate impact of the coronavirus downturn on workers has been large and unequal Christopher Rauh Workers under the age of thirty, as well as those on lower incomes, on both sides of the Atlantic are already bearing the brunt of the economic shutdown caused by the COVID-19 pandemic, latest research finds.

Economics / Business - Health - 31.03.2020
The data speak: Stronger pandemic response yields better economic recovery
Study of 1918 flu pandemic shows U.S. cities that responded more aggressively in health terms also had better economic rebounds. The research described in this article has been published as a working paper but has not yet been peer-reviewed by experts in the field. With much of the U.S. in shutdown mode to limit the spread of the Covid-19 disease, a debate has sprung up about when the country might "reopen" commerce, to limit economic fallout from the pandemic.

Economics / Business - 19.03.2020
New insights into US flood vulnerability revealed from flood insurance big data
Instead, building damage at a given flood depth is highly variable and can be characterized by a beta distribution. When calculating flood risk - that is, translating modelled representations of the physical of phenomenon of flooding to its impacts - it is common to apply a 'depth-damage function' or curve, which relates a given water depth to a proportional building loss (for example one metre of water equals 50 per cent loss of building value).

Economics / Business - Innovation - 10.03.2020
Why are workers getting smaller pieces of the pie?
Why are workers getting smaller pieces of the pie?
Market concentration in the form of "superstar" firms has been lowering labor's share of GDP in recent decades, a new study finds. It's one of the biggest economic changes in recent decades: Workers get a smaller slice of company revenue, while a larger share is paid to capital owners and distributed as profits.

Life Sciences - Economics / Business - 09.03.2020
Your brain knows whether a video will go viral online
When Stanford University neuroscientist Brian Knutson tracked his smartphone usage, he was shocked to learn that he spent twice as much time on his phone as he had anticipated. Research investigating the neuroscience of choice have found that our brains hold hidden information about the viral potential of online videos.

Health - Economics / Business - 04.03.2020
Medicaid expansion does not discourage job-seeking among the unemployed
Although some worry that Medicaid expansion could discourage unemployed workers from seeking employment, a University of Michigan study found that Medicaid expansion did not affect whether unemployed workers found jobs. In fact, the study found that not only did the expansion increase insurance coverage, unemployed workers were less likely to drop out of the labor force in states that expanded Medicaid-that is, they were more likely to keep looking for work-than in states that did not accept the expansion.

Pharmacology - Economics / Business - 04.03.2020
Average cost of developing a new drug could be up to $1.5 billion less than pharmaceutical industry claims
Average cost of developing a new drug could be up to $1.5 billion less than pharmaceutical industry claims
The costs of bringing a new drug to market may be lower than has been previously claimed by the pharmaceutical industry, according to a study published today (Tuesday March 3, 2020) in the journal JAMA.

Economics / Business - Social Sciences - 03.03.2020
The case for economics - by the numbers
The case for economics - by the numbers
A multidecade study shows economics increasingly overlaps with other disciplines, and has become more empirical in nature. In recent years, criticism has been levelled at economics for being insular and unconcerned about real-world problems. But a new study led by MIT scholars finds the field increasingly overlaps with the work of other disciplines, and, in a related development, has become more empirical and data-driven, while producing less work of pure theory.

Economics / Business - Health - 02.03.2020
ACA made health insurance access more equal but racial, ethnic gaps remain
Black and Hispanic Americans are still less likely than non-Hispanic whites to have health coverage, and more likely to avoid care because of cost As the Affordable Care Act turns 10 years old, a new study shows it has narrowed racial and ethnic gaps in access to health insurance and health care-but definitely not eliminated them.

Economics / Business - 20.02.2020
The trouble with round numbers
The trouble with round numbers
Study shows people prefer monthly payments in multiples of $100, even when it may cost them money. Do you have a monthly car payment, or a similar loan? Is each payment a nice round number, like $300? If so, you are hardly alone. But the appeal of that easy-to-remember payment figure may be costing you money.

Physics - Economics / Business - 19.02.2020
Argonne, UChicago scientists take important step in developing national quantum internet
Real-world experiment in Chicago suburbs achieves quantum entanglement across 52-mile fiber network Scientists from Argonne National Laboratory and the University of Chicago entangled photons across a 52-mile network in the Chicago suburbs, an important step in developing a national quantum internet.

Career - Economics / Business - 18.02.2020
German minimum wage drove workers to more productive firms
The introduction of the minimum wage for the first time in Germany in 2015 drove workers from smaller to larger and more productive businesses that pay higher wages, according to a UCL and Institute for Employment Research (IAB) Nuremberg study. The study, published as a CReAM discussion paper, is the most comprehensive analysis of the wider implications of Germany's minimum wage policy.

Economics / Business - 17.02.2020
New training tool helps unemployed job seekers grow networking skills
For many, networking is often perceived as an expected - if uncomfortable - part of the job-seeking process. University of Minnesota  Carlson School of Management  researchers found they could improve reemployment quality - especially among those who identified as more introverted -  through the development of a new training tool focused on increasing networking understanding and skills.

Environment - Economics / Business - 07.02.2020
Biodiversity yields financial returns
Biodiversity yields financial returns
Farmers could increase their revenues by increasing biodiversity on their land. This is the conclusion reached by an interdisciplinary research team including the fields of agricultural sciences, ecology and economics at ETH Zurich and other universities. Many farmers associate grassland biodiversity with lower yields and financial losses.

Astronomy / Space Science - Economics / Business - 07.02.2020
CHEOPS space telescope takes its first pictures
Next milestone in the commissioning of CHEOPS: After the successful opening of the space telescope cover on January 29, 2020, CHEOPS has now taken its first images of the sky. CHEOPS is a joint mission of the European Space Agency (ESA) and Switzerland, led by the University of Bern, in collaboration with the University of Geneva.

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