In brief, what’s happening at Penn—whether it’s across campus or around the world.
Wharton real estate and finance professor Benjamin Keys says it’s not likely that the current real estate market bubble will burst in the way it did in 2008, 2009, and 2010. Although the frenzied buying and inflated prices are reminiscent of the run-up to the recession, Keys says there are several factors that make the current market different.
FULL STORY AT Knowledge at Wharton →
Three teams from the Department of Landscape Architecture and the Department of Architecture have been recognized by The American Society of Landscape Architecture (ASLA) with 2021 student honor awards. Their design proposals address water scarcity at a major port city in China, the relationship between rural locales and bird habitat in Canada, and social inequity in the capital of Ecuador.
FULL STORY AT Weitzman School of Design →
In recent weeks, China’s central bank stated that all cryptocurrency-related activities were illegal. But it would be “dangerous” to assume that the decline and volatility in cryptocurrency prices are a result of China’s ban, according to Kevin Werbach, Wharton professor of legal studies and business ethics.
FULL STORY AT Knowledge at Wharton →
Aman Goyal, associate director of undergraduate student life, writes about creating a more inclusive work environment through the Wharton Intergroup Dialogue & Inclusion Team.
FULL STORY AT Wharton Stories →
Cynthia Chude, the first Escarce-Kington Scholar in the new Wharton Health Care Management and Meharry Medical College Joined MD/PhD Program, has begun classes and also become an LDI Associate Fellow. Currently a third-year medical student at Meharry, Chude takes a leave of absence to pursue her five-year doctoral studies at the Wharton School.
FULL STORY AT Leonard Davis Institute →
Corinne Low, a Wharton professor of business economics and public policy, says the show’s dramatic turn at finding a host to replace the late Alex Trebek has all the hallmarks of unconscious bias. That’s what happens when recruiters and hiring managers, motivated by deeply embedded social stereotypes, pick job candidates who closely resemble themselves.
FULL STORY AT Knowledge at Wharton →
A research brief released last week by the Penn Wharton Budget Model addresses the benefits of preschool education and childcare programs by identifying the specific macroeconomic costs and benefits of those programs for the U.S. economy between now and 2051.
FULL STORY AT Knowledge at Wharton →
Three startup companies will be the first to receive investment from the Fund for Health, a joint partnership between Penn Medicine and the Wharton Social Impact Initiative that seeks to invest in early-stage businesses striving to strengthen the social determinants of health of economically disadvantaged Philadelphians. The Fund for Health plans to invest a total of $5 million over the next three years.
FULL STORY AT Penn Medicine News →
With a historic balance of women in the MBA Class of 2023, Wharton examines its path to this milestone and efforts to build on progress made in the classroom and the workforce.
FULL STORY AT Wharton Stories →
Wharton’s Stephanie Creary spoke with organizational behavior researcher Tiffany Johnson and psychologist Hammad S. N’cho about workplace well-being, citing a need for a bespoke strategy for people of color, who have been more adversely impacted by the COVID-19 pandemic and the heightened tensions around racial and social justice.
FULL STORY AT Knowledge at Wharton →
