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Jay L. Zagorsky

Jay L. Zagorsky

Since 1995 I have held the position of Research Scientist at The Ohio State University, where I collect data as part of the National Longitudinal Surveys on income, wealth, and life experiences of thousands of Americans. My personal finance research has been widely quoted in the media and has been highlighted in the Wall Street Journal, USA Today, Fox News, Good Morning America, Scientific American and numerous other news outlets.

Besides publishing numerous scholarly articles I wrote the book "Business Information: Finding and Using Data in the Digital Age" for McGraw-Hill/Irwin and "Business Macroeconomics: A Guide for Managers, Traders and Practical People." More information on the macroeconomics book can be found at http://businessmacroeconomics.com/.

I also teach at Boston University's School of Management. From 1988 to the present my teaching has spanned a wide range of levels from senior executives taking intensive classes to high school students encountering economic theories for the first time. I have taught giant lectures of over 450 students, classes of fifty, and small seminars with fewer than ten people.

My personal blog is found here http://u.osu.edu/zagorsky.1/

GOP plan to tax college endowments like Yale's and Harvard's would be neither fair nor effective

Nov 08, 2017 15:04 pm UTC| Insights & Views Politics Economy

Tucked away in the recently announced GOP tax bill is a small item you may have missed: a new tax on university endowments. As I have spent decades working in higher education, the proposal immediately piqued my...

Economist who helped behavioral 'nudges' go mainstream wins Nobel

Oct 10, 2017 14:06 pm UTC| Insights & Views Economy

The 2017 Nobel Prize in economics was awarded to University of Chicagos Richard Thaler for his work in behavioral economics, which is the integration of economics with psychology. While the award was not a total...

The penny may be worthless, but let's keep it anyway

Aug 28, 2017 15:19 pm UTC| Insights & Views Economy

Governments have long waged a war on cash in an attempt to curb terrorism and tax evasion. Their focus has typically been on eliminating large denominations, like Europes 500 bill or Indias 1,000 rupee note. Two U.S....

Why Wall Street's Dow 20,000 is totally meaningless

Jan 26, 2017 07:27 am UTC| Insights & Views Economy

The Dow Jones Industrial Average just broke 20,000 for the first time. Traders and investors cheered this historic high of the worlds most famous stock market index, which is composed of 30 of the biggest and...

Paid family leave policies are expanding, but are new mothers actually taking time off?

Jan 24, 2017 15:37 pm UTC| Insights & Views Economy Law

The recent presidential campaign reminded us that the U.S. is one of only a handful of countries that doesnt require companies to provide paid maternity leave. Maternity leave is important. One of the key reasons is...

Worrisome Signs Series

How to get ready for the economic recession coming in 2017

Dec 31, 2016 16:08 pm UTC| Insights & Views

My outlook for 2017 and beyond is that the U.S. economy will likely see another recession. Yes, the economic picture currently looks wonderful. The Dow and SP 500 are at record levels. Unemployment is well below 5...

Have reports of Black Friday's death been greatly exaggerated?

Nov 23, 2016 23:58 pm UTC| Insights & Views Economy

Black Friday is hyped as one of the biggest in-store shopping days of the year, with stores trumpeting giant sales and even bigger advertising campaigns. Some pundits claim that Black Friday is dying and is no longer...

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Economy

UK gilts suffer ahead of BoE Governor Carney’s speech, January employment report

The UK gilts suffered during European session Monday as investors wait to watch Bank of England (BoE) Governor Mark Carneys speech, scheduled to be held later today and the countrys employment report for the month of...

German bunds slump ahead of February ZEW economic sentiment index, manufacturing PMI

The German bunds slumped Monday ahead of the countrys ZEW economic sentiment index and the manufacturing PMI for the month of February, scheduled to be released on February 20 and 22 by 10:00GMT and 08:30GMT...

German bunds slump ahead of February ZEW economic sentiment index, manufacturing PMI

The German bunds slumped Monday ahead of the countrys ZEW economic sentiment index and the manufacturing PMI for the month of February, scheduled to be released on February 20 and 22 by 10:00GMT and 08:30GMT...

EUR/HUF likely to rise to 315.00 by Q3 2018: Commerzbank

The Hungarian forint is expected torise to a level of 315.00 against the euro by the third quarter of this year, according to a recent research report from Commerzbank. HungarianCPI data for January turned out to be...

Thailand 2018 GDP growth seen at 3.7 pct y/y, investment activity to pick up only gradually: ANZ Research

Thailands full-year gross domestic product (GDP) for 2018 is expected to come in at 3.7 percent y/y, with investment activity picking up only gradually during the year. Further, government infrastructure spending is...

Politics

For black celebrities like Oprah, it's impossible to be apolitical

Oprah Winfreys rousing Golden Globe speech has many speculating whether the media mogul will become a presidential candidate in 2020, with some pundits questioning the merits of another celebrity president. But to...

Politicians are inflating the evidence used to justify tax increases

Chris Doucouliagos, Professor of Economics, Department of Economics, Deakin Business School and Alfred Deakin Institute for Citizenship and Globalisation, Deakin University Many government policies are flawed because...

GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Cyril Ramaphosa prepares to confront South Africa's bleak future

Among all the remarkable turns in African politics this year, one of the most momentous was Decembers ANC party congress in South Africa, where the party chose a new president: Cyril Ramaphosa, who narrowly bested...

Science

Ozone Layer Update; Not Recovering As Expected For Unknown Reasons

In the late 90s, the issue regarding the hole in the ozone layer was big in the public consciousness, but it quickly faded in light of a new gigantic threat in the form of climate change. In recent years, scientists have...

Scientists Wants To Use Poison As Male Birth Control

The pharmaceutical industry or indeed the drug market has historically used a variety of organic substances and resources to create medicine for various applications. Several poisonous plants, for example, have been turned...

Children Given New Ear Grown From Their Own Cells

Growing human body parts has been the focus of study for many in the medical industry for decades. In a recent breakthrough, a new study revealed that children with underdeveloped ears were given new ones that were grown...

Scientists Are Now Turning To AI-Powered Viruses To Kill Drug-Resistant Superbugs

Due to the proliferation of antibiotics and the careless disposal of these drugs into the environment, many drug-resistant strains of bacteria have started popping up. Aptly called Superbugs, these microorganisms have...

Mega Cities To Suffer Most Due To Rising Temperatures, Heat Waves To Assault Urban Poor And Rich Alike

Thanks to global warming, the planets temperature continues to rise despite the best attempts of countries trying to curtail the effects of carbon emissions. In a recent study, researchers have found that this rising...

Technology

Twitter Surprises Everyone By Actually Making Money

Twitter has been a bit of an oddity in the tech industry since its inception, in that it doesnt really make much money. Unlike Snapchat, Instagram, or Facebook, the sitting U.S. presidents preferred social media platform...

Fortnite Battle Royale’s Valentine’s Patch Is Here And Players Get A Crossbow

One of the best things about Epic Games Fortnite Battle Royale is the many quirky, and often timely events that it provides to its millions of players. Since Valentines Day is coming up, its only fitting that players would...

Renewable Energy Made Up Half Of New U.S. Energy In 2017

2017 saw one of the fastest adoption rates for renewable energy yet, with about half the added power coming from green sources. This is the fourth time that renewables outpaced natural gas as new additions to the power...

Elon Musk Throws Shade At LIDAR For Driverless Cars, Calls It A Crutch

LIDAR is one of the foremost technologies being used in developing self-driving technology right now, with big names like Googles Waymo and Uber frantically trying to claim supremacy using the tool. In his usual renegade...

Google Sued, Accused Of Knowingly Selling Broken Pixel Phones

When Google launched the first batch of Pixel phones, the products received mixed reactions from the industry. Many critics loved it but just as many had issues with it. Apparently, theres a portion of customers who...
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February 19 13:00 UTC Released

RUReal Wages YY

Actual

6.2 %

Forecast

4.6 %

Previous

4.6 %

February 19 13:00 UTC Released

RURetail Sales YY

Actual

2.8 %

Forecast

3 %

Previous

3.1 %

January 31 00:00 UTC 2854628546m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 2854628546m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 4036640366m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 2854628546m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 4036640366m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 2854628546m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 2854628546m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 2854628546m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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