4/16
Kristen de Groot
News Officer
krisde@upenn.edu
Economics
What the frequency of your pay means for financial well-being
What the frequency of your pay means for financial well-being
Workers who access their wages on demand often develop a false sense of their own wealth and spend more, according to new research from Wharton’s Wendy De La Rosa.
Can electric vehicles revitalize American manufacturing?
Can electric vehicles revitalize American manufacturing?
Hyundai's investment in high-tech production facilities in the U.S. could fuel innovation and employment growth, says Wharton's Lynn Wu.
Is a recession inevitable?
Is a recession inevitable?
Itay Goldstein, a professor of finance and economics at the Wharton School, talks about the state of the U.S. economy with inflation at a 40-year high.
Regular folks in the Roman Empire
Regular folks in the Roman Empire
Kimberly Bowes of the School of Arts & Sciences focuses on the lived experience of the Roman Empire’s working poor and the economies that dominated their lives 2,00 years ago.
May graduate Ethan Kallett named a 2022 Yenching Scholar
May graduate Ethan Kallett named a 2022 Yenching Scholar
Ethan Kallett has been awarded full funding to pursue an interdisciplinary master’s degree in China studies, with a concentration in economics and management, at the Yenching Academy of Peking University in Beijing.
What I’ve learned: Wharton’s Anita Summers
What I’ve learned: Wharton’s Anita Summers
Professor emeritus Anita Summers talks about her groundbreaking career in economics and public policy, and why integrity and evidence go hand in hand.
Indicators report shows escalating disparities for students of color and poor students
Indicators report shows escalating disparities for students of color and poor students
Report from The Pell Institute and PennAHEAD highlights stark differences in debt burden and benefits of higher education among ethnic groups that has significantly widened in recent years.
How price shocks in formative years scar consumption for life
How price shocks in formative years scar consumption for life
Teens who experienced gas price shocks of the 1970s drive less in later years, according to experts at Wharton and the Federal Reserve Bank of Philadelphia.
Wharton expert explains the crashing crypto market
Wharton expert explains the crashing crypto market
What does the cryptocurrency crash mean for investors? Wharton expert, Sarah Hammer talks with Penn Today about the digital asset.
Both nature and nurture contribute to signatures of socioeconomic status in the brain
Both nature and nurture contribute to signatures of socioeconomic status in the brain
In the first study of its kind, Penn researchers and an international team of collaborators found that genetics and environmental factors contribute to how socioeconomic status shapes the architecture of the brain.
Media Contact
In the News
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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MarketWatch
More high schools are requiring financial-literacy classes. The pandemic may have played a key role
In a co-authored journal article, Olivia Mitchell of the Wharton School explains when financial education is at its most effective.
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