blog postsOnline master’s degree in accountancy coming to U. of I.’s College of BusinessMar 29, 2017 8:45 am1584 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.Study: Medicare prescription drug benefit reduced elderly mortality by more than 2 percentMar 9, 2017 8:45 am942 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.New online master’s degree in strategic brand communication to prepare future brand leadersJan 5, 2017 9:00 am3248 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.‘Cultural distinctiveness’ can influence consumer preferences for certain products, study saysDec 15, 2016 9:15 am1020 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.Paper: Credit status not a good predictor of worker productivityDec 15, 2016 9:15 am253 views Credit screening as a condition of employment is a flawed practice that can result in discrimination against low-income and minority applicants, says research from Andrew Weaver, a professor of labor and employment relations at Illinois.New book explores forces behind Chicago Teachers Union strike of 2012Dec 14, 2016 8:45 am754 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.‘Cadillac tax’ may precipitate wholesale changes to employer-provided health care insuranceDec 12, 2016 9:00 am978 views Even if the Affordable Care Act is ultimately repealed, the law’s so-called “Cadillac tax” on high-cost health care plans has already affected employers’ health insurance offerings, says Richard L. Kaplan, the Peer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.TSA could save money by waiving PreCheck fees for frequent travelers, study findsDec 5, 2016 8:45 am942 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.Paper: Corporate board ‘interlocks’ lead to managerial entrenchmentDec 1, 2016 9:15 am508 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.‘Nudges’ an inexpensive, effective way to increase completion of health promotion programsDec 1, 2016 9:15 am424 views Keeping your message brief and simple – on the level of a gentle reminder, as opposed to constant nagging – can produce gains when trying to increase engagement with health care programs, says new research from U. of I. professor and social psychology expert Dolores Albarracin.What’s in a name? For young Chinese consumers and foreign brands, it’s about culture mixingOct 3, 2016 9:15 am1338 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.‘Sleeper effect’ accounts for durability of weak messages from credible sourcesSep 13, 2016 8:45 am1227 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.Expert: Abolish partisan elections for Illinois judgesAug 22, 2016 9:30 am815 views With popularly elected judges, political influence pervades and taints Illinois courts, said U. of I. legal expert Michael LeRoy.For sensation-seekers, the color red can elicit rebelliousness, study findsAug 17, 2016 8:45 am382 views The widespread use of the color red to signal danger can actually be counterproductive for certain people, says research co-written by Ravi Mehta, a professor of business administration at Illinois.Skills gap for U.S. manufacturing workers mostly a myth, paper saysAug 15, 2016 10:15 am3508 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.Paper: Strategic trade-offs in automobile design affect market-share valueAug 3, 2016 8:45 am1112 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.New book explores lessons learned from the ‘bottom up’ in subsistence marketplacesJul 28, 2016 9:15 am774 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.Would a universal basic income in the U.S. reduce inequality?Jun 22, 2016 1:00 pm965 views A Minute With...™ labor expert Robert BrunoHuman trials of cancer drug PAC-1 continue with new investmentMay 24, 2016 1:45 pm3649 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.Paper: Young workers hit hardest by slow hiring during recessionsMay 16, 2016 10:00 am589 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.Will regulating e-cigarettes be good for public health?May 10, 2016 11:15 am305 views A Minute With…™ Julian Reif, expert in health care economics‘Mobilization fatigue’ leads to diminishing returns for labor-backed voter turnout drivesApr 18, 2016 9:00 am396 views Repeated voter contact across multiple election cycles can eventually lead to “mobilization fatigue,” says new research from U. of I. labor professor Ryan Lamare.U of I Flash Index drops to lowest level since December 2012Apr 13, 2016 1:45 pm91 views The University of Illinois Flash Index, which tracks economic activity in the state, fell for the second consecutive month in April, dropping to its lowest level since December 2012.Flash Index down in March as Illinois economy lags behind rest of nationApr 1, 2016 3:15 pm44 views The U. of I. Flash Index declined in March to 105.1 from its 105.6 level in February.Spending on public higher education overlooks net benefits as investment in state’s futureMar 10, 2016 9:00 am1253 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.U. of I. Flash Index moves up in February as Illinois economy continues modest growth rateMar 3, 2016 9:00 am65 views Illinois’ economy continues to grow at a modest rate despite a slight uptick in the unemployment rate, according to the University of Illinois Flash Index.Why not have one national primary election for presidential nominees?Feb 16, 2016 10:45 am2337 views A Minute With...™ Mattias Polborn, professor of economics and political sciencePaper: Homeownership a ‘dream deferred’ for millennial generationFeb 8, 2016 10:45 am20362 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.Beyond the big ads: teaching kids ad literacy and nutrition in grade school classroomsFeb 4, 2016 1:45 pm2153 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. Illinois' economic slowdown is consistent with national trendFeb 2, 2016 8:30 am203 views The U. of I. Flash Index fell again in January to 105.3 from its 105.5 level in December. As was the case last month, this is the lowest reading since March 2013 (104.7). This is consistent with data indicating a national economic slowdown.Good boss? Bad boss? Study says workers leave bothJan 27, 2016 10:15 am3363 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.U. of I. Flash Index: State's economic growth slowed considerably at end of 2015Jan 4, 2016 4:30 pm73 views The U. of I. Flash Index fell to 105.5 in December from its 106.1 level in November. This is not only the lowest reading all year, but the lowest reading since March 2013.Book Corner: A look at how the Supplemental Nutrition Assistance Program affects health and well-beingDec 17, 2015 9:00 am459 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.How long could Illinois' budget impasse last?Dec 10, 2015 10:30 am760 views A Minute With...™ Christopher Z. Mooney, Director of the Institute of Government and Public AffairsFlash Index reverses 3-month trend, climbs in NovemberDec 3, 2015 9:00 am99 views The U. of I. Flash Index reversed a three-month trend in November and climbed to 106.1. The index measures economic activity in Illinois and shows that the state continues to slowly recover from the Great Recession, which technically ended more than six years ago.Scarcity, not abundance, enhances consumer creativity, study saysNov 16, 2015 9:45 am1179 views Resource scarcity translates into enhanced consumer creativity, according to new research co-written by business professor Ravi Mehta.Paper: Prior union experience correlates with voting for pro-labor issuesNov 16, 2015 9:00 am516 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.New book explores global reach of British royal family brandNov 4, 2015 9:00 am650 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.”Paper: Civic participation can bridge social-class segregationOct 5, 2015 11:00 am1347 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.Paper: Education, infrastructure key public investments for job growthSep 28, 2015 9:00 am591 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.Why food insecurity still hasn't decreased in the U.S.Sep 24, 2015 8:45 am438 views A Minute With...™ U. of I. agricultural economist Craig GundersenFlash Index relatively steady despite volatility in stocks, state budget battleSep 1, 2015 10:45 am8 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.When are you likely to feel the effects of the budgetary stalemate in Springfield?Jul 22, 2015 9:00 am337 views A Minute With...™ Christopher Z. Mooney, director of the Institute of Government and Public AffairsU. of I. finance professor Jeffrey R. Brown named dean of College of BusinessJun 30, 2015 9:15 am748 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.Unionizing Younger WorkersJun 8, 2015 11:00 am92 views A Minute With™...U. of I. labor expert Robert BrunoWhat's next for pension reform in Illinois?May 21, 2015 12:15 pm882 views A Minute With™...John D. Colombo, pension reform expertStudy: For a competitive edge, keep an eye on your competition's ex-employeesMay 11, 2015 9:00 am144 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.Online MBA degree coming to U. of I.'s College of BusinessMay 5, 2015 9:15 am493 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.Paper: 'Considerable scope' for improvement in agricultural pollutionApr 21, 2015 9:00 am176 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.Economists: Pros, cons to raising the gas tax in IllinoisApr 20, 2015 9:00 am2586 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.