Economics

How fracking could cushion oil price shocks

A Wharton research paper makes the business case for fracking as a viable mitigating factor to soften the impact of oil and gas price shocks fueled by Russia’s invasion of Ukraine, from disruption of gas flows to oil companies caught amidst sanctions.

From Knowledge at Wharton

The West’s sanctions on Russia

Jesús Fernández-Villaverde, professor of economics and director of the Penn Initiative for the Study of the Markets, discusses the severity of the sanctions, the effects so far, and the potential reverberations for the rest of the globe.

Kristen de Groot

How social media firms moderate their content

Wharton marketing professors Pinar Yildirim and Z. John Zhang, and Wharton doctoral candidate Yi Liu show how a social media firm’s content moderation strategy is influenced mostly by its revenue model.

From Knowledge at Wharton

Kazakhstan unrest, explained

Philip M. Nichols of the Wharton School and the Russia and East European Studies program in the School of Arts & Sciences offers some background on the protests and violence and why what happens in Kazakhstan matters to the region and the world.

Kristen de Groot



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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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