Inside Penn

In brief, what’s happening at Penn—whether it’s across campus or around the world.

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  • When could government debt warrant higher taxes?

    When does government debt get too big to be paid back and warrant tax increases, and under what conditions do stimulus programs work best? So far, monetary and fiscal policies have succeeded in helping economic recovery with higher consumption, investment and output, and governments will be able to service their debt, according to a recent research paper titled “Can Monetary Policy Create Fiscal Capacity?,” co-authored by finance professor Tim Landvoigt at Wharton.

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  • How hospitals can harness the power of digital transformation

    Wharton’s Hummy Song talks about how hospitals can leverage technology in their operational decision-making.

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  • How sea level rise exposure is priced into municipal bonds

    Experts at Wharton have created a model that improves upon conventional approaches to understand how investors perceive the impact of climate risk on local economies. One important aspect of climate risk is sea level rise, and how it affects coastal communities. In their paper titled “Sea Level Rise Exposure and Municipal Bond Yields,” the experts use municipal bond prices as a proxy to estimate the impact of sea level rise risks.

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  • What’s ahead for the U.S. economy in 2022

    The Federal Reserve must get “more aggressive” in 2022 by increasing interest rates and tapering down asset purchases in order to tame inflation, according to Wharton finance professor Jeremy Siegel.

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  • Steppingstone Scholars partners with the Wharton School

    Steppingstone Scholars’ new partnership with the Wharton Global Youth Program will offer socioeconomically underserved students in Philadelphia a pathway to college and business education.

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  • How corporate governance is changing

    Wharton finance professor Luke Taylor spoke on social responsibility and shareholder obligation during a November 16 panel discussion titled “Redefining Corporate Governance,” part of the ongoing Beyond Business series, which explores the most complex and pressing issues affecting organizations and individuals around the world. “My view is that companies should not be maximizing shareholder value. Instead, they should be maximizing shareholder welfare. There’s a difference there because shareholders may care about more than just profits.”

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  • Driverless deliveries: How close are we?

    Wharton’s John Paul MacDuffie speaks about Walmart’s operating driverless delivery trucks. The director of Wharton’s Program on Vehicle and Mobility Innovation says Walmart deserves credit for the pilot program; automated trucks have been around for a few years, but they haven’t been operating in real-world conditions. 

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  • This checklist can make you a better leader

    Wharton’s Michael Useem talks with Brett LoGiurato from Wharton School Press about the 10th anniversary edition of his book, “The Leader’s Checklist.” 

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  • How social class affects the career ladder

    Wharton’s Stephanie Creary speaks about how social class and upward mobility shape careers, especially for people of color, because social class is a source of bias and discrimination across all the stages of work: development, recruitment, retention, and promotion.

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  • Tackling the climate crisis: Can business lead the way?

    The Oct. 20 virtual panel, titled “Tackling the Climate Crisis,” addressed how businesses can play a role in developing new government policies, energy-efficient technology, or reducing emissions through nature-based solutions.

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