University of Florida economist Dr. Amanda Phalin said she anticipates a recession to form over the next year or two despite efforts to avoid job losses. “It is possible to raise the interest rates without increasing unemployment theoretically, but it
Faculty & Research: page 3

Facebook Hasn’t Changed Much (Except for the Name)
On the anniversary of Facebook’s public markets debut, Cordell Eminent Scholar Jay Ritter shares insights for this story looking back at the company’s long and controversial journey. “The first day of trading for FB had a delayed opening because Nasdaq’s

Warrington accounting professor named to national auditing board
GAINESVILLE, Fla. – W. Robert Knechel, Distinguished Professor, Frederick E. Fisher Eminent Scholar and Director of the International Accounting and Auditing Center, has been named to the Public Company Accounting Oversight Board (PCAOB) Standards and Emerging Issues Advisory Group. “I

Warrington hires new diversity, equity, inclusion program manager
GAINESVILLE, Fla. – The Warrington College of Business is proud to announce Jeff Danso as the college’s inaugural Diversity, Equity and Inclusion (DEI) Program Manager. “We’re thrilled to have Jeff join our DEI efforts here at Warrington,” said Dr. Robert

Special Report: How Wall Street banks made a killing on SPAC craze
Investment banks have raked in billions of dollars by feeding the frenzy for blank-check companies, and they have done so largely without risking any of their own money on hundreds of deals that have left many investors with punishing losses.

Podcast: Elon Musk’s Twitter Isn’t a Threat to Democracy
Will Twitter become a better place for regular people to have more open and honest discussions online once Elon Musk takes over? While some worry about what changes the billionaire will make to the site if he follows through with

Metaverse markets are blurring the lines between ‘virtual’ and ‘reality’
Seemingly every week there’s another blockbuster transaction in the metaverse, like the Yuga Labs “land” grab from a few weeks ago that saw users spend the equivalent of more than $300 million on virtual real estate, nearly crashing the Ethereum

CFA Institute calls for tougher disclosure rules for SPAC sponsors
Cordell Eminent Scholar Jay Ritter shares his insights on the CFA Institute’s recommendation that SPAC sponsors fully disclose any affiliations with investors and target companies. Read more from Ritter in this story from the Financial Times. [Subscription required.]

Goldman Sachs and other big banks hit SPAC pause button as market shifts and new regulations loom
Goldman Sachs Group Inc. said it’s taking a break from handling special-purpose acquisition company (SPAC), or blank check, initial public offerings amid a sharp slowdown in the market in recent months. IPO expert Jay Ritter, Cordell Eminent Scholar at University

Technology jobs and salaries in investment banking after MBA
Cordell Eminent Scholar Jay Ritter shared his insights on the top skills for technology jobs in investment banks. “Investment banks and consulting firms frequently ask about a student’s GPA, because they have found that students with good grades are likely