Monthly Archives: October 2016

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    Network analysis shows offshore finance as a complex network of ownership ties

Network analysis shows offshore finance as a complex network of ownership ties

The EU made a move in August to force Apple to pay €13 billion in unpaid taxes. The episode has quickly become emblematic of the EU’s fight against corporate tax avoidance, a dispute which intensified in the aftermath of the 2009 financial crisis. As Europeans see it, this is about the need to provide a level playing field between […]

Fintech’s greatest promise may be in the developing world

M-PESA, by Rosenfeld Media, under a CC-BY-2.0 licence
For Mary Tonkei and Stephen Wainaina Waweru, and a lot of other people in the developing world, the fintech revolution is much more than a matter of convenience. It’s changing their way of life. Tonkei, a Maasai dairy farmer in Kenya, is able to run her entire business through her phone. Using a […]

PR gone wrong: the backlash effect of window dressing

Window dressing, by Connie Ma, under a CC-BY-SA-2.0 licence
Entrepreneurs dress up their windows. Greengrocers display their greenest apples in crates in front of their shops. Financial institutions improve the appearance of their fund’s performance near the end of the quarter. And oil companies’ launch campaigns to let the world know that they are investing in environmentally friendly technologies.

At first sight, […]

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    Study shows that on-demand ride sharing mitigates traffic congestion

Study shows that on-demand ride sharing mitigates traffic congestion

110 Freeway @ Rush Hour, by Prayitno, under a CC-BY-2.0 licence
Digital platforms bring together buyers and sellers for transactions of various types. Such a platform economy has been booming over the last few years. Years ago, we witnessed the success of traditional platforms (e.g., eBay and Taobao) that facilitate transactions of physical products. We call these “Platform Economy 1.0.” More recently, […]

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    How industry influences public opinion about the Internet of Things

How industry influences public opinion about the Internet of Things

Internet of things, by jefferrb, under a CCO licence
Any device with an on-and-off switch can (and should) be connected to the Internet. This is the basic idea of the industrial internet, also referred to as the ‘internet of things’ (IoT). Forecasts indicate that around 6.4 billion connected devices will be in use worldwide by the end of 2016, up […]

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    Greek women rushed to look for work when the crisis left their husbands jobless

Greek women rushed to look for work when the crisis left their husbands jobless

Athens street scene, by Luigi Guarino, under a CC-BY-2.0 licence
The “added worker effect” hypothesis suggests that the wives of unemployed husbands increase their job-finding efforts in order to maintain the family’s standard of living (Gruber and Cullen, 2000; Stephens, 2002). We investigate this hypothesis in the Greek labour market, which is characterized by increased job separation rates (layoffs, contract termination, […]

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    Luxury brand forums set the scene for status competition between consumers

Luxury brand forums set the scene for status competition between consumers

Beauty, by Rachel Hinman, under a CC-BY-2.0 licence
We live in a world where we spend increasingly more time online. In fact, online activities are intertwined with many different aspects of our lives, from checking our Facebook profile in the morning over breakfast, to posting photos of our gym achievements on Instagram.

Fast Moving Consumer Goods (FMCG) companies have been seizing the […]

Why do women avoid maths, even if it boosts their careers?

(No name) by Pixapopz, under a CC0 licence
Although the college gender gap has reversed, females are still under-represented in high-powered and high-paid careers as CEOs, Ph.D.s, and more generally in finance, business, science, technology, engineering, and maths (STEM) fields.

In a recent paper (Joensen and Nielsen, 2016), we assess three potential explanations for this inequality. First, are the labour market […]

The focus on exam grades is failing the next generation

High-school pupils in Szczecin, Poland, waiting to write a matura exam, 2005, by Marcin Otorowski and Oskar Błaszkowski, CC BY-SA 3.0, Wikimedia Commons
The end of August, and the results for the General Certificate of Secondary Education (GCSE) are out. Over the sound of nervous heartbeats and tearing envelopes we hear that these are the worst results in 25 years, […]

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    The side effect of treating higher education as a commodity: less free expression

The side effect of treating higher education as a commodity: less free expression

Thoughts, by Sgt. Pepper57, under a CC-BY-2.0 licence
Last week a student I teach at a UK university wrote to my employers to propose that I should be sacked. My pedagogical crime was to change a slide on my power point presentation the day before the lecture. The student also raised his concerns that I move around the room during the […]

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    Sweat Equity: Inside the New Economy of Mind and Body – Book Review

Sweat Equity: Inside the New Economy of Mind and Body – Book Review

Sweat Equity: Inside the New Economy of Mind and Body. Jason Kelly. Wiley/Bloomberg Press. 2016.

Find this book: 

How much do you spend each month on getting sweaty? Most of us have some kind of financial relationship to exercise. Maybe your gym membership fee cycles out of your bank account (with or without trips to the treadmill). Perhaps your designer yoga […]

What does ‘decent work’ mean to low-paid workers?

Street workers, Tokyo, by damon jah, under a CC-BY-2.0 licence
Studying ‘decent work’

The nature and experience of work, as well as security and rewards from it, have all changed significantly in recent decades. While a quick glance at British headline unemployment rates in recent years might suggest a healthy labour market, this masks a number of underlying trends. Increasingly, large numbers of […]