Netherlands to levy 'green' road tax by the kilometre... Nov 16, 2009
"The goal is a different manner of paying for mobility that is more fair. Not paying more, but paying differently, with a positive income effect for most households," Traffic Minister Camiel Eurlings said Friday. The kilometer tax has been debated for 20 years, raising other concerns that it would intrude on privacy. (The Drudge Report)
Feminism Ruined Womens' Lives? Not Really Oct 15, 2009
As two economists summarize the results: "Reported satisfaction with life was raised substantially by the discovery of the coin on the copy machine -- clearly not an income effect.". As for the particular happiness study under discussion, the red flags start popping up as soon as you look at the data. (CBS News)
Sasol Limited Financial Results for the Year Ended 30 June 2009 Sep 14, 2009
SASOL LIMITED GROUP STATEMENT OF COMPREHENSIVE INCOME for the year ended 30 June 2009 2008 Rm Rm Profit for the year 13715 23528 Other comprehensive income Effect of translation of foreign operations (2485) 3 452 Effect of cash flow hedges (497) 261 Investments available-for-sale - (1) Tax on other comprehensive income 101 (60) Other comprehensive income for the year, net of tax (2881) 3 652 Total comprehensive income for the year 10 834 27180 Attributable to Owners of Sasol Limited 10 796 26062... (PR Newswire)
A clunker of a holiday on the way Aug 26, 2009
The second force is the income effect: the fact that consumers will now go into the holiday season with tighter belts than they otherwise would have. Consumers who traded 10-year-old clunkers for spiffy new cars available at subsidized prices took on additional debt to buy that new car. (Atlanta Journal-Constitution -- Opinion)
EA Reports First Quarter Fiscal Year 2010 Results Aug 5, 2009
In addition, Electronic Arts will reduce its income tax valuation allowance by $35 to $40 million as a result of this lease termination and facility acquisition such that on an after-tax basis, Electronic Arts will incur a positive net income effect of $21 to $26 million from this transaction. Electronic Arts management will exclude the effect of this transaction when evaluating the Companys operating performance, when planning, forecasting and analyzing future periods, and when assessing... (Yahoo! Wire -- Entertainment News)
Why India Is Worried About It's Truant Monsoon Jun 26, 2009
"If production suffers, the low income effect will bring down rural demand, which has been buoyant so far," says Anjan Roy, Adviser for Economic Affairs at the New Delhi-based Federation of Indian Chambers of Commerce and Industry. "This, in turn, will affect industrial production." Inflation in India is deeply influenced by food and food-related items' prices. (Time.com)
China recovery: too early to tell Jun 18, 2009
"Overall we think demand for resource exports will be strong, but we know that the price is going to be much lower, so the economy is still going to face considerable headwinds from the income effect from that terms of trade reversal.'' AAP Today in Business Story Tools Lance Franklin is the biggest name in AFL. In a rare interview, he tells of his frustrations of living in the spotlight and how he longs for the simple life. US President Barack Obama is the first sitting head of state to make... (Sydney Morning Herald -- Business)
The Law of Demand Jun 1, 2009
A lower product price means that a consumer can buy more than they could at the higher price point; this is the income effect. The substitution effect means that other similar products now seem more expensive compared to the lower priced product. (Suite101.com)
Canada Revises Accounting Rules to Meet Global Standards, Narrow U.S. Gap May 1, 2009
In the U.S. a bank is going to have the same bottom line net income effect as in Canada, Cherry said. The issue really is, do you think its better to write the asset down to fair value but then split the writedown into those two parts or not. (Bloomberg -- Canada)
Squeeze on vices - Amid economic downturn, data indicate Americans are smoking and drinking less Apr 8, 2009
Christopher J. Ruhm, an economist at the University of North Carolina, Greensboro, said he found the income effect had people turning from heavier consumption of cigarettes and alcohol to lighter consumption, not to abstinence. They also sought cheaper alternatives. (Missoulian, MT)
Smart people may be less stressed Apr 6, 2009
What looks like an income effect is actually a public health problem. Stress hormones over time are widely known to interfere with memory, an effect described in neuroscientist popular science book, Why Zebra's Don't Get Ulcers. (USA Today -- Tech)
Meta Financial Group, Inc.(R) Reports Results for First Quarter Feb 12, 2009
The interest income effect of this rate decrease was $2. 3 million and was partially offset by a $1. (PR Newswire)
