blog postsBusinessPaper: Homeownership a ‘dream deferred’ for millennial generationFeb 8, 2016 10:45 am20227 views Millennials face significant hurdles in their quest for homeownership, said Yilan Xu, a professor of agricultural and consumer economics at Illinois and co-author of a new paper examining homeownership trends among those born between 1980-2000.BusinessGood boss? Bad boss? Study says workers leave bothJan 27, 2016 10:15 am3119 views Workers leave both good bosses and bad bosses, a finding that companies can use to their strategic advantage, according to research from Ravi S. Gajendran, a professor of business administration at Illinois.HealthBusinessLife SciencesVeterinary MedicineHuman trials of cancer drug PAC-1 continue with new investmentMay 24, 2016 1:45 pm2655 views Clinical trials of the anti-cancer agent PAC-1 are continuing to expand, thanks to a $7 million angel investment from an anonymous contributor who originally invested $4 million to help get the compound this far in the drug-approval pipeline.BusinessAnnouncementsNew online master’s degree in strategic brand communication to prepare future brand leadersJan 5, 2017 9:00 am2516 views The online master’s degree in strategic brand communication, a unique joint program between the College of Business and College of Media, aims to prepare the strategic leaders of tomorrow in an ever-changing global digital-media environment.BusinessLawU. of I. scholars collecting, analyzing constitutions from around worldFeb 12, 2007 9:00 am2346 views CHAMPAIGN, Ill. - Thomas Jefferson believed that a country's constitution should be rewritten every 19 years. Instead, the U.S. Constitution, which Jefferson did not help to write (he was in Paris serving as U.S. minister to France when the Constitutional Convention was held in Philadelphia), has prevailed since 1789.BusinessLawLaws about pregnant women and substance abuse questionedNov 8, 2005 9:00 am2145 views CHAMPAIGN, Ill. - In Wisconsin, an expectant woman can be taken into custody if police believe her abuse of alcohol may harm her unborn child. In South Dakota, pregnant alcohol and drug users can be committed to treatment centers for up to nine months.BusinessAirline overbooking policy well known and so, too, should be its creatorAug 3, 2009 9:00 am1902 views CHAMPAIGN, Ill. - Thirty years ago, U.S. airlines stopped arbitrarily grounding passengers on overbooked flights, instead offering rewards if travelers give up seats to make room for hurried fliers who need to touch down on time.Expert ViewpointsBusinessSocial SciencesWhy not have one national primary election for presidential nominees?Feb 16, 2016 10:45 am1539 views A Minute With...™ Mattias Polborn, professor of economics and political scienceBusinessPaper: Civic participation can bridge social-class segregationOct 5, 2015 11:00 am1309 views Research from U. of I. labor professor Richard Benton says there’s a strong correlation between civic participation and improving the prestige of one’s social network.BusinessEconomists: Pros, cons to raising the gas tax in IllinoisApr 20, 2015 9:00 am1237 views CHAMPAIGN, Ill. - After the precipitous drop in crude oil prices over the past nine months, some policymakers in Illinois have advocated raising the state's excise tax on gasoline, which has remained unchanged at 19 cents per gallon since 1990.BusinessCampusOnline master’s degree in accountancy coming to U. of I.’s College of BusinessMar 29, 2017 8:45 am1211 views The new iMSA degree will be for working professionals who want access to quality education from a top-three accounting program with unmatched ties to the accounting field, as well as students new to the accounting profession, said W. Brooke Elliott, the EY Distinguished Professor in Accounting at Illinois.EducationBusinessHealthSocial SciencesBeyond the big ads: teaching kids ad literacy and nutrition in grade school classroomsFeb 4, 2016 1:45 pm1153 views The Super Bowl will feature car ads, beer ads, food ads – but probably none for carrots. Most food ads, game time or anytime, are pitching less-healthy fare. Kids are often the target. Do they understand what an ad is? Who made it and why? Advertising professor Michelle Nelson worked with an Illinois school district to develop an advertising literacy curriculum that also promotes healthy eating. BusinessWhat’s in a name? For young Chinese consumers and foreign brands, it’s about culture mixingOct 3, 2016 9:15 am1052 views Younger, more cosmopolitan Chinese consumers tend to favor brand translations that keep both the sound and the meaning of the original name, says U. of I. business professor and branding expert Carlos J. Torelli.BusinessLawResearch: Poor math skills affect legal decision-makingApr 3, 2013 9:00 am979 views CHAMPAIGN, Ill. - The stereotype of lawyers being bad with numbers may persist, but new research by two University of Illinois legal scholars suggests that law students are surprisingly good at math, although those with low levels of numeracy analyze some legal questions differently.BusinessLife Sciences‘Sleeper effect’ accounts for durability of weak messages from credible sourcesSep 13, 2016 8:45 am948 views The least convincing arguments can reverberate in the public consciousness over time – provided they’re delivered by a credible source, says new research from U. of I. psychology professor Dolores Albarracin.BusinessEducationSpending on public higher education overlooks net benefits as investment in state’s futureMar 10, 2016 9:00 am912 views Thinking of higher education funding as an investment that lowers costs – and not as mere consumption spending – could reframe the debate in Springfield, according to research from Walter W. McMahon, an emeritus professor of economics and of educational organization and leadership at the University of Illinois.BusinessScarcity, not abundance, enhances consumer creativity, study saysNov 16, 2015 9:45 am882 views Resource scarcity translates into enhanced consumer creativity, according to new research co-written by business professor Ravi Mehta.BusinessStudy: Medicare prescription drug benefit reduced elderly mortality by more than 2 percentMar 9, 2017 8:45 am843 views The implementation of Medicare’s prescription drug benefit program has reduced elderly mortality by 2.2 percent annually since 2006, says a new study by Julian Reif, a professor of finance and of economics at Illinois.BusinessLawParental liability laws misguided and simplistic, legal scholar saysDec 12, 2005 9:00 am841 views CHAMPAIGN, Ill. - Durwood Pickle was shocked to find that the Recording Industry Association of America had sued him because his grandchildren had used his computer to illegally download music during visits to his Texas home.Physical SciencesBusinessTSA could save money by waiving PreCheck fees for frequent travelers, study findsDec 5, 2016 8:45 am834 views There could be an easy way to reduce lines at the airport, increase security, and save the Transportation Security Administration money, according to a new study by University of Illinois researchers: waive the $85 fee for frequent fliers to enroll in the TSA PreCheck program, which allows pre-screened, verified travelers to go through expedited security at airports.Expert ViewpointsBusinessWhat's next for pension reform in Illinois?May 21, 2015 12:15 pm833 views A Minute With™...John D. Colombo, pension reform expertExpert ViewpointsBusinessWould a universal basic income in the U.S. reduce inequality?Jun 22, 2016 1:00 pm818 views A Minute With...™ labor expert Robert BrunoBusinessSkills gap for U.S. manufacturing workers mostly a myth, paper saysAug 15, 2016 10:15 am787 views Despite the outcry from employers over the dearth of job-ready workers, three-quarters of U.S. manufacturing plants show no sign of hiring difficulties for job vacancies, says new research from Andrew Weaver, a professor of labor and employment relations at Illinois.BusinessNew book explores lessons learned from the ‘bottom up’ in subsistence marketplacesJul 28, 2016 9:15 am724 views A new book by Madhu Viswanathan, the Diane and Steven N. Miller Professor in Business at Illinois, explores the author’s personal journey as a scholar studying people living in poverty as well as how the impoverished function in the marketplace as consumers and entrepreneurs.Expert ViewpointsBusinessHow long could Illinois' budget impasse last?Dec 10, 2015 10:30 am710 views A Minute With...™ Christopher Z. Mooney, Director of the Institute of Government and Public AffairsBusinessSocial SciencesPro sports stadiums don't bolster local economies, scholars sayNov 17, 2004 9:00 am683 views CHAMPAIGN, Ill. - If you build it, they will come ... with wallets bulging, eager to exchange greenbacks for peanuts, popcorn, hot dogs and beer, and T-shirts and ball caps with team logos.BusinessStudy: Online retail contributes to decline in product qualityJul 9, 2012 9:00 am669 views CHAMPAIGN, Ill. - Consumers may revel in the convenience of online shopping, but the low prices on the Internet are often accompanied by even lower product quality, warns new research co-written by a University of Illinois business professor.BusinessPaper: Strategic trade-offs in automobile design affect market-share valueAug 3, 2016 8:45 am650 views Car companies can either “design for satisfaction” by investing in function and ergonomics or “design for delight” by investing in form, says new research from Raj Echambadi, a professor of business administration at Illinois.BusinessCampusU. of I. finance professor Jeffrey R. Brown named dean of College of BusinessJun 30, 2015 9:15 am645 views Jeffrey R. Brown, the William G. Karnes Professor of Finance, has been named the 10th dean of the College of Business, pending approval by the U. of I. Board of Trustees.BusinessExpert: Abolish partisan elections for Illinois judgesAug 22, 2016 9:30 am633 views With popularly elected judges, political influence pervades and taints Illinois courts, said U. of I. legal expert Michael LeRoy.BusinessEducationNew book explores forces behind Chicago Teachers Union strike of 2012Dec 14, 2016 8:45 am626 views A new book co-written by University of Illinois labor professors Steven K. Ashby and Robert Bruno chronicles the seven-day strike by the Chicago Teachers Union in 2012.BusinessLawPaper: To deter cyberattacks, build a public-private partnershipAug 25, 2014 9:00 am605 views CHAMPAIGN, Ill. - Cyberattacks loom as an increasingly dire threat to privacy, national security and the global economy, and the best way to blunt their impact may be a public-private partnership between government and business, researchers say. But the time to act is now, rather than in the wake of a crisis, says a University of Illinois expert in law and technology.BusinessState workers in Illinois underpaid, new study findsMar 11, 2013 9:00 am600 views CHAMPAIGN, Ill. - A comparison of public sector workers in Illinois with their peers in the private sector shows a general wage and salary penalty for state and local government employees, according to research by a University of Illinois labor expert.BusinessStudy: Outsourcing hurts consumers by softening competition among firmsJan 10, 2011 9:00 am592 views CHAMPAIGN, Ill. - Firms that outsource aspects of their business to a foreign country may profit by saving money, but the practice tends to soften the competition among industry rivals, exacting a hidden cost on consumers, says new research co-written by a University of Illinois business administration professor.BusinessLaw‘Cadillac tax’ may precipitate wholesale changes to employer-provided health care insuranceDec 12, 2016 9:00 am555 views Even if the Affordable Care Act is ultimately repealed, the law’s so-called “Cadillac tax” on high-cost health care plans has already affected employers’ health insurance offerings, says Richard L. Kaplan, the Peer and Sarah Pedersen Professor of Law at Illinois.BusinessPaper: Education, infrastructure key public investments for job growthSep 28, 2015 9:00 am546 views Government spending on infrastructure and public education supports employment, says research co-written by Robert Bruno, a professor of labor and employment relations on the Urbana campus.BusinessPaper: Young workers hit hardest by slow hiring during recessionsMay 16, 2016 10:00 am540 views When hiring slows during recessions, the brunt of job losses is borne by job-seekers in their twenties and early thirties, according to a new paper by Eliza Forsythe, a professor of labor and employment relations and of economics at Illinois.BusinessStudy: Hurricanes with female names more deadly than male-named stormsJun 2, 2014 9:00 am521 views CHAMPAIGN, Ill. - In the coming Atlantic hurricane season, watch out for hurricanes with benign-sounding names like Dolly, Fay or Hanna. According to a new article from a team of researchers at the University of Illinois, hurricanes with feminine names are likely to cause significantly more deaths than hurricanes with masculine names, apparently because storms with feminine names are perceived as less threatening.BusinessNew book explores global reach of British royal family brandNov 4, 2015 9:00 am519 views Cele Otnes, Investors in Business Education Professor in the College of Business at Illinois, is the co-author of the recently published book “Royal Fever: The British Monarchy in Consumer Culture.”BusinessStudy: Quebec ban on fast-food ads reduced consumption of junk foodJan 19, 2012 9:00 am514 views CHAMPAIGN, Ill. - With mounting concerns over childhood obesity and its associated health risks in the U.S., would a ban on junk-food advertising aimed at children be more effective than the current voluntary, industry-led ban? According to published research from a University of Illinois economist, advertising bans do work, but an outright ban covering the entire U.S. media market would be the most effective policy tool for reducing fast-food consumption in children.BusinessLawFood displays, food colors affect how much people eat, researcher concludesMay 10, 2004 9:00 am500 views CHAMPAIGN, Ill. - Variety may be the spice of life - and a key contributor to an expanding waistline.BusinessPaper: Prior union experience correlates with voting for pro-labor issuesNov 16, 2015 9:00 am496 views Research from U. of I. labor professor Ryan Lamare found that a legislator’s past experience with labor unions is associated with an increase in voting for union-supported issues.Business‘Cultural distinctiveness’ can influence consumer preferences for certain products, study saysDec 15, 2016 9:15 am494 views The concept of “cultural distinctiveness” prompts consumers to fulfill a need to connect with home by favoring brands or products associated with a related cultural group, says U. of I. business professor and branding expert Carlos J. Torelli.BusinessResearch: Tablet computers good medium for educational materialsJan 21, 2015 9:00 am492 views CHAMPAIGN, Ill. - Despite being more commonly thought of as a device designed for the passive consumption of content, touch-screen tablet computers can support the learning process when used in an educational setting - and not just as a mere e-reader or laptop replacement, according to new research from a team of University of Illinois experts in business and e-learning.BusinessBenefits of telecommuting greater for some workers, study findsSep 18, 2014 9:00 am477 views CHAMPAIGN, Ill. - Even in a hyperconnected world where laptops, phones, tablets and now even wristwatches are tethered to the Internet 24/7, employers are still wary about the performance and social costs imposed by employees who work remotely.BusinessResearch: Materialism makes bad events even worseNov 25, 2013 9:00 am437 views CHAMPAIGN, Ill. - In addition to its already well-documented negative direct effects on a person's well-being, materialism also wields an indirect negative effect by making bad events even worse, according to a paper co-written by a University of Illinois expert in consumption values.Campus LifeBusinessSocial SciencesBook Corner: A look at how the Supplemental Nutrition Assistance Program affects health and well-beingDec 17, 2015 9:00 am434 views A new book looks at aspects of how the Supplemental Nutrition Assistance Program affects health and well-being. “SNAP Matters” includes a chapter on obesity by University of Illinois economist Craig Gundersen, one of the book’s editors.Expert ViewpointsBusinessHealthWhy food insecurity still hasn't decreased in the U.S.Sep 24, 2015 8:45 am411 views A Minute With...™ U. of I. agricultural economist Craig GundersenBusinessPaper: Corporate board ‘interlocks’ lead to managerial entrenchmentDec 1, 2016 9:15 am399 views The Rolodexes of the business elite help account for the surprising resilience of managerial control of publicly held corporations, leading to an entrenched management structure that comes at the expense of shareholder value, says research from U. of I. labor professor Richard Benton.BusinessResearch: Men respond negatively to depictions of 'ideal masculinity' in adsAug 1, 2012 9:00 am386 views CHAMPAIGN, Ill. - The male response to depictions of ideal masculinity in advertising is typically negative, which has implications for advertisers and marketers targeting the increasingly fragmented consumer demographic, according to research from a University of Illinois marketing expert.