Economics & Statistics

Analysis: Corporate America’s cash pile-up a reaction to refinancing risk

companies-raking-in-cash-hoarding-not-hiringWhy has corporate America been awash in record levels of cash? Numerous theories are offered as to why firms amass: Firms themselves are riskier, volatile, pessimistic and have record profits, to name a few. But an overlooked reason, according to new research by SMU Cox Rauscher Chair William Maxwell and co-authors, is that firms are hedging refinancing risk. Cash is a hedge in case they cannot raise the funds they may need if credit conditions are tight or another type of shock hits.
Continue reading

Posted in Economics & Statistics, Researcher news | Leave a comment

Dallas Morning News: Study: Mild winter, wet spring to blame for Dallas County’s deadly West Nile outbreak

SMU West Nile Virus, FombyThe Dallas Morning News covered the research of SMU economist Thomas B. Fomby and SMU alumnus Robert W. Haley, who co-authored a new study on West Nile Virus.

Fomby and Haley, along with other researchers, analyzed a decade of data related to West Nile Virus and, in particular, the 2012 West Nile epidemic in Dallas County. The analysis allowed them to identify important precursors of West Nile Virus outbreaks that allow for early and effective intervention. Continue reading

Posted in Earth & Climate, Economics & Statistics, Health & Medicine, Plants & Animals, Researcher news, SMU In The News | Leave a comment

Mosquito indexing system identifies best time to act against potential West Nile Virus outbreaks

Mosquito biting 400x300Researchers who analyzed a decade of data related to West Nile Virus and, in particular, the 2012 West Nile epidemic in Dallas County, have identified important precursors of West Nile Virus outbreaks that allow for early and effective intervention.

The analysis found that the epidemics begin early, after unusually warm winters and are often in similar geographical locations. Continue reading

Posted in Earth & Climate, Economics & Statistics, Health & Medicine, Plants & Animals, Researcher news | Leave a comment

StarTribune: Bitcoin has more staying power than other digital currencies

ows_137064299212409Business writer Jennifer Bjorhus with the Minneapolis Star Tribune newspaper covered the Bitcoin research of SMU cybersecurity expert Tyler W. Moore, an assistant professor of computer science in the Lyle School of Engineering.

Moore’s research found that online exchanges that trade hard currency for the rapidly emerging cyber money known as Bitcoin have a 45 percent chance of failing — often taking their customers’ money with them. Continue reading

Posted in Culture, Society & Family, Economics & Statistics, Researcher news, SMU In The News, Technology | Leave a comment

Russia awards SMU’s Weber $3 million for research lab to study diversity, social interactions

Russian boys in snow 400x300
A $3 million grant to SMU economics professor Shlomo Weber will fund the establishment of a first-of-its-kind research laboratory to study diversity and social interactions.

The new center at Moscow’s New Economic School will focus on research into societal diversity, ranging from economic, historical and geographical to linguistic and ethnic. Researchers at the center will assess the impact of diversity on economic, political and social development, said Weber, a professor in the SMU Department of Economics. Continue reading

Posted in Culture, Society & Family, Economics & Statistics, Learning & Education, Researcher news | Leave a comment

Business Insider: Bitcoin Is Sacrificing Its Soul To Survive

bitcoinTechnology reporter Matt Twomey with Business Insider covered the Bitcoin research of SMU cybersecurity expert Tyler W. Moore, an assistant professor of computer science in the Lyle School of Engineering.

Moore’s research found that online exchanges that trade hard currency for the rapidly emerging cyber money known as Bitcoin have a 45 percent chance of failing — often taking their customers’ money with them. Continue reading

Posted in Culture, Society & Family, Economics & Statistics, Researcher news, SMU In The News, Technology | Leave a comment

Yahoo! News: Study shows 45% of Bitcoin exchanges end up failing

bitcoins-siTechnology reporter Brad Reed with BGR News covered the Bitcoin research of SMU cybersecurity expert Tyler W. Moore, an assistant professor of computer science in the Lyle School of Engineering.

Moore’s research found that online exchanges that trade hard currency for the rapidly emerging cyber money known as Bitcoin have a 45 percent chance of failing — often taking their customers’ money with them. Continue reading

Posted in Economics & Statistics, Researcher news, SMU In The News, Technology | Leave a comment

Wired: Study — 45 percent of Bitcoin exchanges end up closing

Wired Bitcoin Tyler W Moore SMUTechnology writer Ian Steadman with Wired in the United Kingdom covered the Bitcoin research of SMU cybersecurity expert Tyler W. Moore, a computer science professor in the Lyle School of Engineering.

Moore found that online exchanges that trade hard currency for the rapidly emerging cyber money known as Bitcoin have a 45 percent chance of failing — often taking their customers’ money with them. Continue reading

Posted in Economics & Statistics, Researcher news, SMU In The News, Technology | Leave a comment

redOrbit: Economists Question Bitcoin Stability Despite Meteoric Rise In Value

Bitcoin_042513-617x416Technology reporter Peter Suclu with redOrbit covered the Bitcoin research of SMU cybersecurity expert Tyler W. Moore, an assistant professor of computer science in the Lyle School of Engineering.

Moore’s research found that online exchanges that trade hard currency for the rapidly emerging cyber money known as Bitcoin have a 45 percent chance of failing — often taking their customers’ money with them. The finding is from a new computer science study that applied survival analysis to examine the factors that prompt Bitcoin currency exchanges to close. Continue reading

Posted in Economics & Statistics, Researcher news, SMU In The News, Technology | Leave a comment