4/16
Penn in the News
A round-up of Penn mentions in local, national, and international media.
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Penn In the News
A Trump-era tax law could get an overhaul. Millions could get a bigger tax refund this year as a result
The Penn Wharton Budget Model estimates that the cost of doubling the SALT cap to $20,000 for married filers would reduce federal tax revenue by about $12 billion.
Penn In the News
Unlimited vacation can save companies billions. But is it a bad deal for workers?
Peter Cappelli of the Wharton School estimates that the national sum of money carried by companies in liability for workers’ unused vacation days is about $224 billion.
Penn In the News
As the heat turns U.S. into an oven, millions of Americans at risk of power cutoffs
According to Sanya Carley of the Weitzman School of Design, about 1 in 4 Americans is uncertain about being able to pay household energy bills, with low-income people most at risk of having their utilities disconnected.
Penn In the News
In one California city, offering free cash helped fight poverty and COVID
A report co-authored by Amy Beth Castro of the School of Social Policy & Practice found that a $500 stipend in Stockton, California, permitted judiciousness about COVID and what conditions workers would tolerate for poorly compensated work.
Penn In the News
One study said happiness peaked at $75,000 in income. Now, economists say it’s higher—by a lot
A study co-authored by Matthew Killingsworth of the Wharton School, PIK Professor Barbara Mellers, and a team from Princeton found that happiness improves with higher earnings, up to $500,000 a year, except for those who were “rich and miserable” for other reasons.
Penn In the News
30 Is the New 20 -- That's the Economy’s Fault
Frank Furstenberg of the School of Arts & Sciences says, “There’s been a fundamental change in the transition to adulthood from what it looked like half a century ago.”
Penn In the News
Is a Dow-DuPont Merger Good or Bad for U.S. Biz?
Commentary and research by Emilie Feldman of the Wharton School on divestitures is cited.