In the news
In the news
Director of the Center for Retirement Research Alicia H. Munnell spoke with The Washington Post about more Americans rejoining the workforce or staying in it longer than once might have been expected. In her latest blog for SmartMoney, she criticizes two New York Times pieces that “miss the important distinction between social insurance—where citizens contribute on a regular basis to protect themselves against a loss of earnings—and means-tested benefits—where money, food, or housing is provided to people in need.”
The San Francisco Chronicle referenced a Center for Retirement Research study that the median inheritance for today's baby boomers is only $64,000, and CBS News cited a CRR paper that summarizes how average retirement ages have changed over the course of a century.
Director of Graduate Management Career Strategies Marilyn Eckelman spoke with Bloomberg BusinessWeek about overseas career opportunities for MBAs.
Associate Professor of Finance Edith Hotchkiss spoke with the Boston Globe about the reasoning behind Bain Capital’s decision to leverage Domino’s Pizza so highly, saying high levels of debt force higher efficiency in management. She also told the Fiscal Times that the income deduction on the interest the investors paid while owning the firm contributed to higher returns to private equity investors.
Associate Professor of Information Systems Gerald C. Kane was interviewed by the BBC for a piece about the Joseph Kony video that recently went viral. Kane talked about how social media mobilizes and galvanizes people.
The Boston Globe and the Boston Herald consulted Richard McGowan, S.J., associate professor of operations, information, and strategic management, about Massachusetts casino news, including Taunton, MA’s hopes for a new casino and Foxwoods’s plans to build a retail outlet center, respectively.
Michael G. Pratt’s appointment to the O’Connor Family Professorship was noted by the Boston Globe.
Associate Professor of Marketing Linda Salisbury spoke with The Washington Post about shoppers returning to credit for holiday purchases.
Warren Zola, assistant dean for graduate programs, spoke with Sports Business Journal about campuses bringing in professionals to assist players and their families during agent-search presentations and interviews. He also discussed the value of “bandwagon fans,” the ones who only watch the halftime show, with Boston Globe Magazine.