Posted by C How on April 11th under Business Working Knowledge |
Executive Summary:
Despite widespread interest by academics, businesspeople, and policymakers, much is unknown about the financial behavior of low-income individuals, particularly those who rarely or ever use banks. Do credit constrained consumers spend money more quickly than less constrained consumers? Do they spend the money in different manners (card-based merchant transactions versus cash ATM withdrawals)? Do [...]
Posted by C How on under Business Working Knowledge |
“How people spend their money may be at least as important as how much money they earn,” according to new research by HBS professor Michael I. Norton and colleagues Elizabeth W. Dunn and Lara B. Aknin. Writing in the current issue of Science, the researchers found that people felt happier when they spent money on [...]
Posted by C How on under Business Working Knowledge |
Q&A with:
Mihir A. Desai
Published:
April 7, 2008
Author:
Sean Silverthorne
Congress and the next president of the United States will be under pressure to make major changes to U.S. corporate tax policy, the consequences of which could have significant impact on profit and competitiveness of American companies on the global stage.
One heated issue is the charge that the U.S. [...]