7.21
Kristen de Groot
News Officer
krisde@upenn.edu
Economics
Restructuring competition: The Biden executive order and beyond
Restructuring competition: The Biden executive order and beyond
Antitrust experts from Penn reflect on the significance and likely consequences of the Biden Administration’s approach to competition policy.
Post-pandemic tipping
Post-pandemic tipping
Wharton’s Catherine Lamberton talks about tipping’s new normal, advocating for “appreciation and generosity.”
Mortgage rates are low: Why aren’t minority homeowners refinancing?
Mortgage rates are low: Why aren’t minority homeowners refinancing?
Wharton real estate professor Benjamin Keys discusses racial disparities in mortgage refinancing.
Penn Wharton Budget Model’s analysis of bipartisan Senate infrastructure deal
Penn Wharton Budget Model’s analysis of bipartisan Senate infrastructure deal
Penn Wharton Budget Model analyzed the budgetary and economic effects of the $1.2 trillion infrastructure deal endorsed by President Biden.
Book launch reestablishes economic legacy of Sadie T.M. Alexander
Book launch reestablishes economic legacy of Sadie T.M. Alexander
A new book spotlights the speeches and writings of Sadie T.M. Alexander, the first African American to earn a Ph.D. in economics from Penn and in the U.S.
The ins and outs of research, through a yearlong practicum
The ins and outs of research, through a yearlong practicum
The course, which just completed its third iteration, takes undergrads through the process, from generating a hypothesis and creating experiments to analyzing results and writing a paper. The most recent cohort studied mentorship and educational inequality.
How child tax credits will affect American families
How child tax credits will affect American families
Social scientists Amy Castro Baker and Pilar Gonalons-Pons weigh in on how expanded child tax credits beginning July 15 as part of the American Rescue Plan Act of 2021 will impact poverty, gender relations, and future policy
How foreign work visas benefit the U.S. economy
How foreign work visas benefit the U.S. economy
Wharton’s Britta Glennon discusses what the reversal of the previous administration’s work visa ban means for the U.S. economy.
A fair housing law proposal to promote racial and economic integration
A fair housing law proposal to promote racial and economic integration
A research brief co-authored by Provost Wendell Pritchett proposes the use of fair housing law to work toward the end of segregation, and emphasize that the Affirmatively Furthering Fair Housing provision of the Fair Housing Act extends to all federal agencies.
Wharton professor discusses the economics of racism
Wharton professor discusses the economics of racism
Bernard E. Anderson, the Whitney M. Young, Jr. Professor Emeritus at the Wharton School, discusses how racism hurts the economy and affects all Americans.
Media Contact
In the News
Philadelphia Inquirer
Not everyone who is eligible for the child tax credit is receiving it
Pilar Gonalons-Pons of the School of Arts & Sciences spoke about the challenges low-income people face in accessing the new child tax credit payments. “This has become a very big problem,” she said. “There’s controversy because the website is not phone-friendly. There’s been a deficiency in outreach, and it’s been left up to advocacy organizations to reach those who need the money.”
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Marketplace (NPR)
Foreclosures are at a record low … for now
Susan Wachter of the Wharton School said the rate of unpaid mortgages is elevated at the moment, in part due to the pandemic. “For those who are unemployed, this is a serious problem,” she said. “Without a job, it is very difficult to pay off that mortgage.”
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CNBC
Biden’s infrastructure plan would cut U.S. debt and slightly increase economic growth, Wharton study finds
A study from the Wharton School found that a proposed bipartisan infrastructure deal would increase economic growth and decrease the national debt. Wharton’s Jon Huntley said the plan differs from the original one proposed by the Biden administration in that it doesn’t raise corporate tax rates.
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NBC News
Airports have always had trouble attracting workers. Expect longer lines for a while, experts say
Ioana Marinescu of the School of Social Policy & Practice explained why many companies are struggling to find new employees. “The pool of workers is roughly constant, while the number of employers trying to hire is going up and up and up,” she said.
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NPR
Capitalism: What is it?
Kristen Ghodsee of the School of Arts & Sciences and other experts discussed capitalism. “What we need is to actually rein in some of the free market fundamentalist ideology, which has led us down a path where a lot of people are pretty miserable,” she said.
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The Washington Post
The ideas of the first Black economics Ph.D. offer solutions to our problems today
Sadie Tanner Mossell Alexander, the first African American with a doctoral degree in economics, advocated for economic justice after graduating from Penn in 1921.
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