Articles from Aaron Nathans
AIER Research Fellow Luke Delorme’s work has been published in the September edition of two prominent investment journals. His piece in the monthly magazine of the American Association of Individual Investors questions the conventional wisdom of “safe” investing as retirees age. And his article, “A Blueprint For Retirement Spending,” was published in the September edition of the Journal of Financial Planning.
J. William Middendorf, II, a former secretary of the Navy and ambassador who was also one of the architects of the North American Free Trade Agreement, and Professor Dominick Salvatore, one of the country’s foremost experts on international economics, will speak at the American Institute for Economic Research’s campus in late August.
The economic expansion has been even slower than previously understood, and while the economy is likely to keep expanding in the foreseeable future, there isn’t much pressure on wages to rise.
That’s the message from the August edition of Business Conditions Monthly, the American Institute for Economic Research’s bird’s-eye view of the economy, which was released today.
Americans have seen telephone costs fall nearly 3 percent over the last 12 months, amid stronger competition in the wireless market.
Wireless service prices have fallen 5.9 percent during that period, and landline service fell 2.2 percent, according to data from the Bureau of Labor Statistics released on Friday. In June, telephone services ticked 0.1 percent higher.
The Washington Post highlights AIER’s rankings of best college towns and best post-college destinations in a prominent article this week. Author Jeffrey Selingo, former editor of The Chronicle of Higher Education, writes about the factors that go into a student’s decision about where to go to college, and finds that the location matters a lot.
The economy appears to be picking up more momentum, as consumer sentiment saw a marked gain amid a week of data releases that underscore renewed economic growth.
Today, the University of Michigan released its survey that showed the overall consumer sentiment index at 96.1, up from 90.7 in May. Bob Hughes, senior research fellow at the American Institute for Economic Research, called it “a nice rebound. It’s a good sign for consumers.”
Both The New York Times and The Wall Street Journal weighed in this morning with pieces about preparations being made in case the Supreme Court strikes down Afffordable Care Act subsidies in states that have not established their own insurance marketplaces.
If they lose their subsidies, millions of Americans are expected to discontinue their policies, which is expected to have much wider implications for the price of health insurance.
As the economy gathers strength, Americans are seeing higher prices at restaurants and drinking establishments.
Over the last 12 months, prices of food away from home – restaurants -- have increased by 3 percent, while prices for food purchased at the grocery store have increased by a more modest 0.6 percent, according to an review of data from the Bureau of Labor Statistics by the American Institute for Economic Research.
Knowledge at Wharton recently published some interesting research about consumer behavior surrounding retention campaigns. The conclusion was counterintuitive: By offering rewards to large numbers of current customers, a cell phone company actually drove more customers away than those who didn't get offered the rewards