Economics

The human story of coal’s downturn

A forthcoming report from the Kleinman Center for Energy Policy will offer a range of strategies to directly impact the economic and mental health crisis in coal country.

An ‘honest broker’ for Washington

Since its inception, the Penn Wharton Budget Model has been at the forefront of informing the nation’s budget, providing fast, in-depth, and transparent analysis for policy makers, the media, and the general public alike.

Lauren Hertzler

How undisclosed SEC investigations lead to insider trading

Should companies go public sooner about the fact that the SEC is investigating them? Daniel Taylor, a professor of accounting at Wharton, investigated this question in a research paper titled, “Undisclosed SEC Investigations,” which considers whether insiders gain an unfair advantage in being able to sell shares before the information hits the market.

Penn Today Staff



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In the News


Christian Science Monitor

A majority of Americans no longer trust the Supreme Court. Can it rebuild?

Matthew Levendusky of the School of Arts & Sciences says that a partisan trust gap has emerged in public perception of the Supreme Court as a conservative institution.

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The New York Times

We don’t see what climate change is doing to us

In an Op-Ed, R. Jisung Park of the School of Social Policy & Practice says that public discourse around climate change overlooks the buildup of slow, subtle costs and their impact on human systems.

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CNN

Here’s what would happen to the US economy if there are no rate cuts this year

Itay Goldstein of the Wharton School says stock market prices still reflect the expectation that the Federal Reserve will cut rates later this year, even with the recent selloff.

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The New York Times

Biden’s student loan repayment plan is being challenged. Here’s what to know

Kent Smetters of the Wharton School attributes $235 billion of the cost of the SAVE loan repayment plan to its increased generosity relative to existing plans.

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Inside Higher Ed

Report: Biden’s new debt relief plan estimated to cost $84 billion

According to economists at the Penn Wharton Budget Model, President Biden’s new plan to forgive some or all student loans for 26 million Americans would cost about $84 billion over 10 years.

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Kiplinger

Can money buy you happiness? Yes, it can. However…

Research by Matthew Killingsworth of the Wharton School reveals there is no monetary threshold at which money's capacity to improve well-being diminishes.

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