I came across an interesting article called The Elusive Boost from Cheap Oil, written by Sylvain Leduc, Sylvain, Kevin Moran, and Robert J. Vigfusson. The article is about the reasons why the steep decline in oil prices since June 2014 did not, contrary to predictions, lead to a strong increase in consumer spending in the U.S. Typically, […]
BSG Guide – How to Win the Business Strategy Game
You are playing the BSG but do not want to read the 35-page Player’s Manual? Or you have read it but still do not know what strategy to pursue or what is going on? I feel you. In this blog post, I will run you through everything important that you have to know about the […]
Economic Impact of Hurricane Harvey and Hurricane Irma
We all probably know what is going on in the United States right now. First Hurricane Harvey in Houston and now Hurricane Irma is approaching Florida. As a business student, I was wondering about the impact of these natural disasters and did some research about the economic and human impact of both Hurricane Harvey and […]
Psychological Contract: Everyone Benefits
Psychological Contract I have come across an interesting article talking about the psychological contract between employees and employers. The article was written by Denise M. Rousseau, published in 2004, and is called Psychological Contracts in the Workplace: Understanding the Ties That Motivate. The author talks about how psychological contracts benefit not only the organization, but […]
How to Diagnose Recession and Expansion in Real-Time
Today I was reading a pretty interesting article called Diagnosing Recession, written by Òscar Jordà which deals with an improved recession determination model. The disadvantage of the traditional National Bureau of Economic Research (NBER) Business Cycle Dating Committee’s model is that it informs about the start of a recession with a twelve-month delay. Due to […]