http://knowledge.wharton.upenn.edu/ Knowledge@Wharton is an online resource that offers the latest business insights, information, and research from a variety of sources. Content includes analysis of current business trends, interviews with industry leaders and faculty, articles based on the most recent business research, book reviews, conference and seminar reports, and links to other websites. en-us Copyright (c) 2012 The Wharton School of the University of Pennsylvania http://www.wharton.upenn.edu/faculty/roussanov_nikolai.jpg http://www.wharton.upenn.edu/faculty/ 125 45 Wharton Faculty Research Marketing http://knowledge.wharton.upenn.edu/article.cfm?articleid=1963&source=rss Fashionable clothes, jewelry, flashy cars.... They are all items of conspicuous consumption that give their owners status on the street. Some groups, such as blacks and Hispanics, seem to spend more on such emblems of success than others. Or is that just a stereotype? In a new research paper, Wharton finance professor Nikolai Roussanov and two co-authors found some truth to the ethnic stereotypes on spending, but concluded that the explanation lies in economics, not culture. Wed, 14 May 2008 17:05:58 EST Finance and Investment http://knowledge.wharton.upenn.edu/article.cfm?articleid=1904&source=rss <SPAN style="font-size: 10pt; font-family: verdana">Congress and the White House recently settled on an economic stimulus package with unusual speed, pushing the throttle to pull the economy out of a nosedive. Is this just election-year grandstanding, or does economic stimulus really work? While some experts argue that priming the economy now is unnecessary or even counter-productive, others support the $168 billion package and its emphasis on low and moderate-income recipients. As for the health of the economy overall, experts agree that no economic boom is in the near-term forecast.</SPAN> Wed, 20 Feb 2008 15:24:45 EST