5/18
Kristen de Groot
News Officer
krisde@upenn.edu
Economics
How immigrants expand the U.S. economy
How immigrants expand the U.S. economy
Wharton’s J. Daniel Kim discusses his research, which draws on census data to draw an accurate picture of immigration and entrepreneurship in the U.S.
Flipping the pyramid: Steps companies can take to close the opportunity gap
Flipping the pyramid: Steps companies can take to close the opportunity gap
With the pandemic exposing and widening the income and digital access gap among communities in the U.S., two Wharton experts outline ways companies can innovate to close the digital, health, and economic gap in minority communities.
Wharton economist talks ensuing coronavirus stimulus bill
Wharton economist talks ensuing coronavirus stimulus bill
Richard Prisinzano of the Penn Wharton Budget Model discusses the competing bills being debated in Congress while extended unemployment benefits stand in limbo.
Post-pandemic retirement: Can we build more resilient systems?
Post-pandemic retirement: Can we build more resilient systems?
A report by the Penn Wharton Budget Model finds that the Social Security Trust Fund in the U.S. would run out of money in 2032 or 2034—between two to four years earlier than pre-pandemic projections.
Will coronavirus bailouts save the U.S. economy?
Will coronavirus bailouts save the U.S. economy?
A new paper by Wharton professor Tim Landvoigt weighs four policy scenarios for government relief measures in the wake of pandemic bankruptcies.
A unique recession amidst a global pandemic
A unique recession amidst a global pandemic
The U.S. economy officially entered a recession in February as the viral pandemic started its sweep across the nation. Francis Diebold and Jesús Fernández-Villaverde share why this one is unprecedented, and what to expect in the coming months.
How the COVID-19 lockdown is affecting India’s households
How the COVID-19 lockdown is affecting India’s households
The lockdown in India coincides with an already-existing period of economic distress. A new study finds that nearly a third of all households will not be able to survive beyond a week without state assistance.
Building capacity to combat COVID-19 in Africa
Building capacity to combat COVID-19 in Africa
Wharton School students, along with the Zicklin Center for Business Ethics Research, are issuing a call for proposals for a new initiative designed to aid in the fight against the coronavirus.
Already in fiscal crisis, rural hospitals face COVID-19
Already in fiscal crisis, rural hospitals face COVID-19
LDI’s Eighth virtual “Experts at Home” seminar on May 29 brought together top academic and government experts to discuss the impact of the COVID-19 pandemic on rural health and hospitals.
The politics of pandemics: Why some countries respond better than others
The politics of pandemics: Why some countries respond better than others
The capacity of a state and the degree of economic inequality among its residents will determine how it copes in a pandemic. Whether it is a democracy or a dictatorship matters relatively less.
Media Contact
In the News
The Wall Street Journal
Suddenly there aren’t enough babies. The whole world is alarmed
Jesús Fernández-Villaverde of the School of Arts & Sciences estimates that global fertility last year fell to below global replacement for the first time in human history.
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Christian Science Monitor
A majority of Americans no longer trust the Supreme Court. Can it rebuild?
Matthew Levendusky of the School of Arts & Sciences says that a partisan trust gap has emerged in public perception of the Supreme Court as a conservative institution.
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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
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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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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