blog postsBusinessFlash Index relatively steady despite volatility in stocks, state budget battleSep 1, 2015 10:45 am6 views The U of I Flash Index remained steady in August despite volatility in the national and international stock markets. The index fell slightly to 106.5 in August from its 106.6 level in July. The index has remained in a narrow range for more than two years, reflecting steady but unspectacular growth.Expert ViewpointsBusinessWhen are you likely to feel the effects of the budgetary stalemate in Springfield?Jul 22, 2015 9:00 am336 views A Minute With...™ Christopher Z. Mooney, director of the Institute of Government and Public AffairsBusinessCampusU. of I. finance professor Jeffrey R. Brown named dean of College of BusinessJun 30, 2015 9:15 am660 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.Expert ViewpointsBusinessUnionizing Younger WorkersJun 8, 2015 11:00 am92 views A Minute With™...U. of I. labor expert Robert BrunoExpert ViewpointsBusinessWhat's next for pension reform in Illinois?May 21, 2015 12:15 pm843 views A Minute With™...John D. Colombo, pension reform expertBusinessStudy: For a competitive edge, keep an eye on your competition's ex-employeesMay 11, 2015 9:00 am91 views Companies often overlook the value of the comings and goings of their competitors’ ex-employees, says new research co-written by business administration professor Deepak Somaya.BusinessOnline MBA degree coming to U. of I.'s College of BusinessMay 5, 2015 9:15 am393 views The new online MBA degree will democratize access to the coveted graduate degree, said Larry DeBrock, the Josef and Margot Lakonishok Endowed Dean of the College of Business.BusinessPaper: 'Considerable scope' for improvement in agricultural pollutionApr 21, 2015 9:00 am75 views CHAMPAIGN, Ill. - During the industrial era, financial indicators were a company's primary measuring stick. But as the concept of sustainable development has gained relevance, a fundamental change in the assumptions underlying how businesses are measured has also started to take hold.BusinessEconomists: Pros, cons to raising the gas tax in IllinoisApr 20, 2015 9:00 am1303 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.BusinessLawPaper: Absence of copyright has its own economic value, social benefitsApr 13, 2015 9:00 am74 views CHAMPAIGN, Ill. - A new study co-written by a University of Illinois expert in intellectual property law demonstrates that the value of creative works in the public domain such as books, images and music can be estimated at least as precisely as the value of commercially available copyrighted works.BusinessLawPublic employee pensions continue to lose out to gambling giveaways, expert saysMar 24, 2015 9:00 am42 views CHAMPAIGN, Ill. - A legacy of giveaways to gambling interests continues to haunt the pension system in Illinois, a leading national gambling critic and University of Illinois expert warns.BusinessStudy: Economic benefits of medical innovation undervaluedMar 19, 2015 9:00 am148 views CHAMPAIGN, Ill. - A new analysis co-written by a University of Illinois expert in health care economics concludes that increases in the pace of medical innovation reduce overall physical risks to health, and thus function in a manner similar to an expansion of or improvement in the efficiency of health insurance markets.BusinessLawStructural reform litigation an effective tool for curbing police misconductMar 18, 2015 9:00 am58 views CHAMPAIGN, Ill. - The Violent Crime Control and Law Enforcement Act of 1994 has served as the basis for the reform of many police departments in cities across the country, including Cincinnati, Los Angeles and Washington, D.C. And in what's now seen as an increasingly likely next step, Ferguson, Missouri, will undergo its own Department of Justice-administered police reforms.BusinessPaper: Development aid can exacerbate violence in war-torn countriesMar 5, 2015 9:00 am53 views CHAMPAIGN, Ill. - Although development aid is commonly seen as an important tool in the quest to reduce poverty in conflict-riven countries, new research co-written by a University of Illinois expert in development economics concludes that large-scale foreign aid programs can backfire and actually exacerbate violence in some long-running conflicts.BusinessNew book explores Great Recession's impact on higher educationFeb 20, 2015 9:00 am48 views CHAMPAIGN, Ill. - No sector of the economy was left unscathed in the aftermath of the Great Recession, which officially lasted from December 2007 to June 2009 but whose aftereffects continue to linger today.Expert ViewpointsBusinessThe child care dilemma for working familiesFeb 19, 2015 9:00 am58 views With dual-earner families increasingly becoming the norm, President Obama trumpeted the importance of "universal child care" in his State of the Union address - a pivot from previous years, when he advocated for universal pre-kindergarten.BusinessChanges in work, family demands affect body mass index of dual-income earnersFeb 18, 2015 9:00 am56 views CHAMPAIGN, Ill. - A study co-written by a University of Illinois labor and employment relations professor shows that clocking extra hours at the office while juggling family demands takes a toll on the body mass index of individuals in dual-earner families.BusinessLawTax changes loom for state of Illinois ahead of budget address, expert saysFeb 17, 2015 9:00 am65 views CHAMPAIGN, Ill. - As Gov. Bruce Rauner readies his first budget address, expect him to propose changes that could have major consequences for certain demographics, a University of Illinois expert on taxation issues says.BusinessU. of I. Flash Index starts off strong in 2015Feb 5, 2015 9:00 am5 views The U. of I. Flash Index rose to 106.8 in January from its 106.5 level in December. The Illinois economy continues to improve as we enter 2015. This month builds on almost three years of slow and steady growth in which the index remained well above 100, the dividing line between growth and decline.Expert ViewpointsBusinessEducationIs the underfunding of higher ed pricing students out?Jan 29, 2015 9:00 am46 views Walter W. McMahon, a professor emeritus of economics and of educational organization and leadership at the University of Illinois, is the author of "Higher Learning, Greater Good: The Private & Social Benefits of Higher Education." An expert on the economics of education, McMahon spoke with News Bureau business and law editor Phil Ciciora about higher education funding in Illinois.BusinessLawResearch: Medical malpractice reform does little to contain health care costsJan 27, 2015 9:00 am326 views CHAMPAIGN, Ill. - Two papers co-authored by a University of Illinois expert in the regulation and financing of health care conclude that tort reform has had relatively little impact on the U.S. health care system.BusinessLawExpert: Pervasive 'credential creep' bad for health care practitioners, consumersJan 27, 2015 9:00 am115 views CHAMPAIGN, Ill. - The outcome of a case argued before the U.S. Supreme Court last fall could potentially slow the trend of the ever-increasing number of occupations subject to state licensing, says a University of Illinois expert in the regulation and financing of health care.BusinessResearch: Tablet computers good medium for educational materialsJan 21, 2015 9:00 am518 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.BusinessResearch: 'Organizational forgetting' erodes quality gains in supply chainsJan 20, 2015 9:00 am32 views CHAMPAIGN, Ill. - Just like physical assets, a company's organizational knowledge can depreciate over time. According to a paper co-authored by a University of Illinois expert in supply chain management, "organizational depreciation" can mute the effects of a company's quality performance initiatives, suggesting that mitigating those effects is essential to sustaining and enhancing quality performance in supply chains.Expert ViewpointsBusinessThe economic effects of falling crude oil pricesDec 12, 2014 9:30 am29 views A Minute With™... Don Fullerton, expert on finance and energy policyExpert ViewpointsBusinessWill newly required calorie info on menus affect your choices?Dec 11, 2014 9:00 am7 views A Minute With™... Brenna Ellison, a professor of agricultural and consumer economicsBusinessU. of I. Flash Index shows steady economic growthDec 4, 2014 9:00 am13 views The U. of I. Flash Index rose slightly to 106.6 in November from its 106.5 level in October. The index has remained in the 106-107 range since February.Expert ViewpointsBusinessWill you go shopping on Thanksgiving Day? Will you have to work?Nov 20, 2014 9:00 am6 views A Minute With™... Robert Bruno is a professor of labor and employment relationsBusinessStudy: Climate change beliefs more influenced by long-term temperature fluctuationsOct 30, 2014 9:00 am147 views CHAMPAIGN, Ill. - In spite of the broad scientific consensus about its existence, global warming remains a contentious public policy issue. Yet it's also an issue that requires a public consensus to support policies that might curb or counteract it.Expert ViewpointsBusinessNoncompete agreements for low wage workers? Is that legal?Oct 30, 2014 9:00 am25 views A Minute With™... Evan P. Starr is professor of labor and employment relations and of economicsBusinessPaper: Resource misallocation contributed to prolonged economic slump in PortugalOct 27, 2014 9:00 am29 views CHAMPAIGN, Ill. - A new paper co-authored by a pair of University of Illinois economists says increasing resource misallocation in Portugal contributed to at least 15 years of sluggish economic growth - a conclusion that also could explain the poor economic performance of similar peripheral European Union countries in the lead-up to the eurozone crisis of 2009.BusinessLess-numerate investors swayed by style, presentation effects of corporate responsibility reportsOct 20, 2014 9:00 am35 views CHAMPAIGN, Ill. - Publicly traded corporations are increasingly publishing social responsibility reports for investors, who now consider such information alongside traditional financial data before investing in a company.BusinessLawLabor expert: Hospitals at risk of no-show health care workers during Ebola outbreakOct 14, 2014 9:00 am22 views CHAMPAIGN, Ill. - Hospitals and other health care agencies are at risk of doctors, nurses, janitors and other essential workers walking off the job during an infectious disease outbreak, says a University of Illinois expert in labor relations.Social SciencesBusinessIllinois professors find that ethnicity doesn't appear to affect annexation decisions like race doesSep 30, 2014 9:00 am29 views CHAMPAIGN, Ill. - In the American South, race has been shown in numerous studies to play a role in municipal annexation decisions: predominantly white municipalities were less likely to extend the city limits to include adjacent areas with a higher percentage of African-American residents, according to prior studies. But how are annexation decisions made in the Midwest, where an increase in immigration has resulted in an uptick in the Hispanic population? That's the question two University of Illinois researchers set out to answer.BusinessExpert: Academic journals should adopt nonprofit publishing modelSep 29, 2014 10:00 am73 views CHAMPAIGN, Ill. — Shifting the publication of academic journals away from a private, for-profit model could save universities big bucks in the long term while also keeping the marketplace of ideas fully stocked, says a University of Illinois economist.BusinessBenefits of telecommuting greater for some workers, study findsSep 18, 2014 9:00 am515 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.Expert ViewpointsBusinessWhy legalizing gambling on professional sports is a bad ideaSep 11, 2014 9:00 am8 views A Minute With™... John Kindt, a professor emeritus of business and legal policyBusinessFlash Index dips slightly; unemployment below 7 percentSep 4, 2014 9:00 am0 views The U. of I. Flash Index fell slightly in August to 106.0 from its 106.2 level in July. The index has fluctuated in this narrow range (106.0 to 106.2) for the past four months.BusinessWorkers in collective bargaining states subsidize low-wage earners in right-to-work statesAug 28, 2014 9:00 am158 views CHAMPAIGN, Ill. - States with right-to-work laws "free ride" on the higher tax revenues generated by workers in collective bargaining states, says a new study from a University of Illinois labor expert.Expert ViewpointsBusinessThe complicated equations that underlie tax inversionsAug 28, 2014 9:00 am11 views A Minute With™... Business professor Elizabeth Chorvat BusinessLawPaper: To deter cyberattacks, build a public-private partnershipAug 25, 2014 9:00 am626 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.BusinessResearch: Tax benefits for housing not as outsized as previously thoughtAug 20, 2014 11:15 am31 views CHAMPAIGN, Ill. — New research co-written by a University of Illinois expert in urban economics indicates that tax benefits for housing, including the ever-popular mortgage interest deduction and the property tax deduction, are not as distortionary as previous research and some prominent critics suggest.BusinessLawPatent examiners more likely to approve marginal inventions when pressed for timeAug 13, 2014 9:00 am27 views CHAMPAIGN, Ill. - Haste makes waste, as the old saying goes. And according to research from a University of Illinois expert in patent law, the same adage could be applied to the U.S. Patent and Trademark Office, where high-ranking examiners have a tendency to rubber-stamp patents of questionable merit due to time constraints.Expert ViewpointsBusinessHow much, and when, should NCAA athletes be paid for commercial use of their image?Aug 13, 2014 9:00 am15 views A Minute With™... labor and employment relations professor Michael LeRoyBusinessFlash Index: Economy reboundingAug 7, 2014 9:00 am4 views The U. of I. Flash Index rose slightly in July to 106.2 from its 106.0 level in June. The index has remained in the 106.0 to 106.2 range for the past four months, indicating the Illinois economy continues to grow since the rate has stayed above 100, the dividing line between growth and decline.BusinessExpert: Give ex-players a slight edge in O'Bannon caseJul 29, 2014 9:00 am2 views CHAMPAIGN, Ill. - As the collegiate sports world awaits a federal judge's ruling in O'Bannon v. NCAA, the sport's governing body ought to be prepared to lose, as trial courts in the 9th Circuit are more "player-friendly" than trial courts in all other circuits, according to a statistical analysis from a University of Illinois expert in labor relations and collective bargaining in athletics.Business'Big picture' thinking doesn't always lead people to indulge less, study saysJul 23, 2014 9:00 am47 views CHAMPAIGN, Ill. - Buy the latest electronic gizmo du jour, or use that money to fix a leaky roof? Go out with friends, or stay home to catch-up on work to meet that looming deadline? And after you've finished that big project, do you treat yourself to a slice of chocolate cake or settle for a piece of fruit?BusinessResearch: Business should embrace 'boomerang employees'Jul 14, 2014 11:15 am61 views CHAMPAIGN, Ill. — The return of LeBron James to the Cleveland Cavaliers may have riveted the sports world and social media, but the phenomenon of "going home," whether to a geographic location or a former job, is not unique to professional athletes.BusinessLawStudy: NCAA eventually prevails in most student-athlete lawsuitsJul 7, 2014 9:00 am51 views CHAMPAIGN, Ill. - When student-athletes sue the NCAA, they win the initial round of litigation almost half of the time. But according to a new study from a University of Illinois expert in labor relations and collective bargaining in athletics, the NCAA eventually wins more than 70 percent of the time on appeal - a finding that could pressure both groups to adopt a new model for amateur athletics that more closely aligns itself with the employment relationship.BusinessCampusFritz Drasgow named dean of U. of I. School of Labor and Employment RelationsJun 17, 2014 9:00 am57 views CHAMPAIGN, Ill. - Fritz Drasgow has been named the dean of the university's School of Labor and Employment Relations, pending approval by the U. of I. Board of Trustees.