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Kristen de Groot
News Officer
krisde@upenn.edu
Economics
Understanding and addressing barriers to COVID vaccine acceptance
Understanding and addressing barriers to COVID vaccine acceptance
Different communities have different reasons for wanting to wait on this shot. Getting to the heart of those concerns can help meet people where they are.
Wharton’s Olivia S. Mitchell on financial well-being
Wharton’s Olivia S. Mitchell on financial well-being
Leading economist and Wharton professor Olivia S. Mitchell discusses key findings from her new research on financial well-being among Black and Hispanic women.
Why making public colleges tuition free won’t close the enrollment gap
Why making public colleges tuition free won’t close the enrollment gap
Wharton doctoral student in finance Mehran Ebrahimian argues that the inadequacy of college preparedness among low-income students is a bigger obstacle than financing tuition costs.
Why the semiconductor shortage won’t end soon
Why the semiconductor shortage won’t end soon
Morris A. Cohen of the Wharton School explains the current shortage of semiconductor parts and how that affects everything from automobiles to PlayStations.
COVID-19 and women in the workforce
COVID-19 and women in the workforce
Experts across Penn explain how the pandemic has exacerbated gender inequality and challenged female career advancement in the STEMM fields, education, and business.
What’s all the buzz about Bitcoin?
What’s all the buzz about Bitcoin?
What’s all the buzz about Bitcoin? Mauro Guillén, a professor of international management at the Wharton School answers the questions surrounding the sudden interest.
Invested and engaged
Invested and engaged
In a Q&A, Executive Vice President Craig Carnaroli reflects on the University’s latest Economic Impact Report and the new effort to include an account of Penn’s civic engagement and impact on Philadelphia, its residents, and surrounding communities.
Guaranteed income increases employment, improves financial and physical health
Guaranteed income increases employment, improves financial and physical health
Results from the first year of the Stockton Economic Empowerment Demonstration show that guaranteed income drastically improves job prospects, financial stability and overall wellbeing of recipients.
Building diversity into the venture capital ecosystem
Building diversity into the venture capital ecosystem
A conversation with Wharton’s Stephanie Creary on the institutional roadblocks and funding gaps faced by minority and female founders.
Regardless of socioeconomic status, Black communities face higher gun homicides
Regardless of socioeconomic status, Black communities face higher gun homicides
In a Wharton study, chair of the Statistics Department Dylan Small says reasons for the disparity include institutional racism, underinvestment in communities, and housing segregation.
Media Contact
In the News
The New York Times
Unemployment is high. Why are businesses struggling to hire?
Ioana Marinescu of the School of Social Policy & Practice co-authored a study that found that every 10% increase in unemployment benefits received corresponds to a 3% decline in jobs applied to. “Right now what seems to be happening is that job creation is outpacing the search effort that workers are putting forth,” she said.
FULL STORY →
The New York Times
Biden says he’s willing to compromise on his infrastructure plan but will not tolerate ‘doing nothing’
An analysis by the Penn Wharton Budget Model estimates that President Biden’s tax plans, which eliminate subsidies for fossil fuel companies, would raise $2.1 trillion over 10 years. The plan would also spend $2.7 trillion in that time frame and invest in programs that would help the economy function better.
FULL STORY →
Los Angeles Times
Landlords are waiting for rent payments—and some can’t hold on much longer
A survey conducted by Vincent Reina of the Stuart Weitzman School of Design found that property owners are dealing with late rent payments and trouble filling vacancies amid the pandemic, challenging their ability to pay mortgages, property taxes, and maintenance expenses.
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Marketplace (NPR)
Top 1% of earners don’t pay taxes on one-fifth of income, study finds
Richard Prisinzano of the Wharton School said auditing wealthy people can be a challenge for the IRS. “An audit, even if it’s random, it takes a lot more resources than, say, someone making $25,000 a year who’s just taking the earned income tax credit,” he said.
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Huffington Post
Rep. Jamaal Bowman sees climate as the next big education push after COVID-19 reopening
Daniel Aldana Cohen of the School of Arts & Sciences and Akira Drake Rodriguez and Billy Fleming of the Stuart Weitzman School of Design spoke about the “climate + community project,” which calls for transformative investments in green infrastructure and public education. “There’s a ton of public money on the table this decade—we have to spend it right,” said Cohen.
FULL STORY →
Bloomberg
The biggest payoff from Stockton’s basic income program: Jobs
Research co-led by Amy Castro Baker of the School of Social Policy & Practice found that a trial basic income program had profound effects on recipients, increasing economic stability and lowering psychological distress.
FULL STORY →