Business

Leeza Garber of the Wharton School says that legal questions can’t be neatly isolated from ethical and political ones.

Kent Smetters of the Wharton School says that the Federal Reserve doesn’t have as much control over mortgage rates and longer-term loans as it used to.

Research by Olivia Mitchell of the Wharton School and colleagues finds that low-income workers aren’t incentivized to learn about supplements to retirement income like IRAs and 401(k)s, since they tend to rely on and benefit more from fixed-income retirement sources like Social Security payments.

Christina Parajon Skinner of the Wharton School says that a presidential removal of the vice chair of the Federal Reserve wouldn’t necessarily be an affront to central bank independence.

Peter Conti-Brown of the Wharton School says that whether a president can remove the Federal Reserve chair is ambiguous because the law doesn’t explicitly provide “for cause” protection for the role.

The Zicklin Center for Governance and Business Ethics at the Wharton School has developed a new “model code” framework for companies to voluntarily disclose more about their political spending.

Olivia Mitchell of the Wharton School says that companies didn’t initially contribute enough to defined benefit pension plans to make them viable for the long run.

The Wharton School reports a double-digit increase in applicants to its M.B.A. program.