W. P. Carey School of Business

ASU mourns loss of Nobel-winning economist Edward Prescott

Edward C. Prescott, Regents Professor in the W. P. Carey School of Business at Arizona State University, died on Nov. 6, at age 81.

Prescott was one of the most influential economists in the world. He was a Guggenheim Fellow, a fellow of the Econometric Society and a fellow of the American Academy of Arts and Sciences. In 2002, he received the Nemmers Prize in Economics, and in 2004, he was awarded a Nobel Prize.

As a professor and the W. P. Carey Chair in Economics, he was a beloved and respected member of the W. P. Carey School community for 20 years.

ASU's W. P. Carey School inducts newest Alumni Hall of Fame class

A social responsibility officer, a renewable energy executive, an investment partner, a real estate executive and a logistics CEO are the newest W. P. Carey Alumni Hall of Fame inductees honored by Arizona State University. Previous inductees come from such diverse organizations as Papa John's, Cisco, Blue Cross Blue Shield of Arizona and the Big Ten Conference.

Is transparency the right path to equal pay?

A research team led by an Arizona State University professor has discovered that naming and shaming a company alone won’t close the gender pay gap.

Since 1963, the United States government has tried to narrow the discrepancy in wages between men and women, even instituting legislation to enforce the issue. For six decades they’ve chipped away at the inconsistency, as women now earn 82 cents for every dollar a man does, according to 2020 data from the Bureau of Labor Statistics.

ASU faculty member gives financial planning tips for holiday inflation

As the holiday season approaches, the fear of inflation has some shoppers concerned about the cost of holiday shopping. 

A recent survey found that half of consumers are heading to stores early this year to get a head start on their holiday shopping, with nearly 20% starting their shopping as early as October. 

RELATED: Holiday shopping deals in October?

Holiday shopping deals in October?

Shoppers have become accustomed to seeing holiday-themed items in stores earlier than expected, like Christmas or Hanukkah decorations in October, before Halloween. But online, Black Friday and Cyber Monday have dominated the hype for the holiday shopping season — until now.

Already, online retailers, like Amazon, and companies with an e-commerce presence, like Target, have been sprinkling in deals this October. But why this early? And who benefits from this the most?