Recent data from the Pepperdine Private Capital Market Project revealed that 88% of privately-held businesses with revenues less than $5 million want to execute growth strategies, but they typically have lower levels of necessary resources, such as the people or finances, to grow compared to privately-held businesses with higher revenues. Eager to grow, but lacking … Continued
Can’t see the above video? Click this link to watch. On May 5, 2010, the Pepperdine University Graziadio School of Business and Management joined forces with the Los Angeles Chamber of Commerce and Beacon Economics to hold the second annual “What’s Next LA?” conference, mapping the road to economic recovery in 2010. The message was … Continued
Christopher Thornberg is a founding principal of Beacon Economics and a member of the Graziadio Business Review Editorial Board. In this quarterly report, Thornberg reveals what lies ahead for the economy in the coming quarter and beyond based on Beacon’s extensive research as one of California’s leading economic forecasters. For a more in-depth analysis of … Continued
Can’t see the above video? Click this link to watch. In this video interview, David M. Smith, PhD, Associate Dean of Academic Affairs and Associate Professor of Economics at the Graziadio School of Business and Management discusses the impact of the American Reinvestment and Recovery Act so far, the fate of female and older workers … Continued
This op-ed first appeared in the Los Angeles Business Journal and is reprinted with their permission. In recent weeks there hasn’t been much data supporting sustained economic stability, much less a recovery. However, it does appear the economy is no longer in a freefall, and we are likely experiencing the depths of this downturn. Since … Continued
First, there’s the obvious reason: It’s the sheer scale. The total value of the US residential market hovers around $20 trillion. There simply isn’t anything close to it (add up all the cars in the US—maybe 250 million—and give each an average value of $10,000 (8+ years median age), and you only get about $2.5 … Continued
Our financial crisis came about because of flawed thinking about how to help the poor. Financially sophisticated parents would never tell their children to borrow to the ceiling to buy a house or anything else. And yet, lawmakers thought that the way to help the poor was to encourage them to borrow heavily. The mass inducement … Continued
Davide Accomazzo, MBA Economic forecasting is never an easy task but admittedly this year is harder than usual. The deep financial and social dislocations we suffered in the last 12 months have set in motion dynamics we hardly understand in their full ramifications. Most forecasts seem to point to a difficult first half followed by … Continued
Read about: What Happened to the U.S. Housing Market? As the U.S. financial system struggles to regain stability, Peggy Crawford, PhD, and Terri Young, PhD, examine the role that subprime mortgages and the fall of Fannie and Freddie played in the crisis. Peggy Crawford, PhD, and Terri Young, PhD U.S. Could Adopt International Financial Reporting … Continued
Intelligent people, including my wife, have been asking me questions about the subprime mortgage crisis. The point that seems to stump them is why a relatively small percentage of subprime mortgage defaults has led to a spiraling national credit crisis, how it happened, and where do we go from here. They were good questions, and … Continued
This is a guest post by Peggy Crawford, PhD, Professor of Finance, and Terry Young, PhD, Professor of Economics The housing saga continues. The hope of “owning a piece of the American dream” is becoming a nightmare for some home buyers. While optimists argue that the “worst” is over as they cling to any sign … Continued