How extreme heat affects the economy Image: Jung Getty/getty images How extreme heat affects the economy R. Jisung Park, an environmental and labor economist at the School of Social Policy & Practice, discusses climate change and the impact of extreme heat on academic success and worker productivity. 4 min. read
How mortgage lock-in is quietly pushing up house prices Image: Anchiy via Getty Images How mortgage lock-in is quietly pushing up house prices A new paper co-authored by Wharton’s Lu Liu argues that homeowners stuck with low fixed mortgage rates aren’t just frozen in place—they’re propping up the housing market. 2 min. read
How fiscal policy moves financial markets How fiscal policy moves financial markets Wharton finance professor Courtney Wiegand explains how financial markets respond to different stages of the congressional budget process.
Is buying a home still the way to wealth? Some Young americans aren’t sure Penn In the News Bloomberg Is buying a home still the way to wealth? Some Young americans aren’t sure Broadly speaking, homes are a worse investment for first-time buyers today because wages haven’t kept up with surging prices and ownership costs, says Susan Wachter of the Wharton School. Pa. residents stand to lose an average of $520 a month in Social Security benefits in six years unless Congress acts Penn In the News Philadelphia Inquirer Pa. residents stand to lose an average of $520 a month in Social Security benefits in six years unless Congress acts An estimated 225,000 Philadelphians receiving Social Security benefits would be affected if the Old-Age and Survivors Insurance trust fund were to deplete, according to Olivia Mitchell of the Wharton School. Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot Penn In the News Fortune Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot “Heat affects everything from students taking important exams to workers,” says R. Jisung Park of the Wharton School and the School of Social Policy & Practice. Costs of Iran war will linger despite conflict’s end, experts say Penn In the News Los Angeles Times Costs of Iran war will linger despite conflict’s end, experts say “Markets are still cautious, and the infrastructure that’s been destroyed [in the Middle East] is going to take a while to re-create. Inflation’s going to stay elevated for a while,” says Patrick Harker of the Wharton School. America 250 at Penn nocred America 250 at Penn 2 min. read How remote work has helped a generation of working parents Penn In the News The New York Times How remote work has helped a generation of working parents “Many of the challenges for working parents, and the solutions, are about the structure of work, not people’s individual effort,” says Corinne Low of the Wharton School. Fed holds rates steady amid elevated inflation, but future hikes more likely Penn In the News The Washington Post Fed holds rates steady amid elevated inflation, but future hikes more likely Inflation “rises like a rocket and falls like a feather,” says Patrick Harker of the Wharton School. Load More
Pa. residents stand to lose an average of $520 a month in Social Security benefits in six years unless Congress acts Penn In the News Philadelphia Inquirer Pa. residents stand to lose an average of $520 a month in Social Security benefits in six years unless Congress acts An estimated 225,000 Philadelphians receiving Social Security benefits would be affected if the Old-Age and Survivors Insurance trust fund were to deplete, according to Olivia Mitchell of the Wharton School. Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot Penn In the News Fortune Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot “Heat affects everything from students taking important exams to workers,” says R. Jisung Park of the Wharton School and the School of Social Policy & Practice. Costs of Iran war will linger despite conflict’s end, experts say Penn In the News Los Angeles Times Costs of Iran war will linger despite conflict’s end, experts say “Markets are still cautious, and the infrastructure that’s been destroyed [in the Middle East] is going to take a while to re-create. Inflation’s going to stay elevated for a while,” says Patrick Harker of the Wharton School. America 250 at Penn nocred America 250 at Penn 2 min. read How remote work has helped a generation of working parents Penn In the News The New York Times How remote work has helped a generation of working parents “Many of the challenges for working parents, and the solutions, are about the structure of work, not people’s individual effort,” says Corinne Low of the Wharton School. Fed holds rates steady amid elevated inflation, but future hikes more likely Penn In the News The Washington Post Fed holds rates steady amid elevated inflation, but future hikes more likely Inflation “rises like a rocket and falls like a feather,” says Patrick Harker of the Wharton School. Load More
Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot Penn In the News Fortune Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot “Heat affects everything from students taking important exams to workers,” says R. Jisung Park of the Wharton School and the School of Social Policy & Practice. Costs of Iran war will linger despite conflict’s end, experts say Penn In the News Los Angeles Times Costs of Iran war will linger despite conflict’s end, experts say “Markets are still cautious, and the infrastructure that’s been destroyed [in the Middle East] is going to take a while to re-create. Inflation’s going to stay elevated for a while,” says Patrick Harker of the Wharton School. America 250 at Penn nocred America 250 at Penn 2 min. read How remote work has helped a generation of working parents Penn In the News The New York Times How remote work has helped a generation of working parents “Many of the challenges for working parents, and the solutions, are about the structure of work, not people’s individual effort,” says Corinne Low of the Wharton School. Fed holds rates steady amid elevated inflation, but future hikes more likely Penn In the News The Washington Post Fed holds rates steady amid elevated inflation, but future hikes more likely Inflation “rises like a rocket and falls like a feather,” says Patrick Harker of the Wharton School. Load More
Costs of Iran war will linger despite conflict’s end, experts say Penn In the News Los Angeles Times Costs of Iran war will linger despite conflict’s end, experts say “Markets are still cautious, and the infrastructure that’s been destroyed [in the Middle East] is going to take a while to re-create. Inflation’s going to stay elevated for a while,” says Patrick Harker of the Wharton School. America 250 at Penn nocred America 250 at Penn 2 min. read How remote work has helped a generation of working parents Penn In the News The New York Times How remote work has helped a generation of working parents “Many of the challenges for working parents, and the solutions, are about the structure of work, not people’s individual effort,” says Corinne Low of the Wharton School. Fed holds rates steady amid elevated inflation, but future hikes more likely Penn In the News The Washington Post Fed holds rates steady amid elevated inflation, but future hikes more likely Inflation “rises like a rocket and falls like a feather,” says Patrick Harker of the Wharton School. Load More
How remote work has helped a generation of working parents Penn In the News The New York Times How remote work has helped a generation of working parents “Many of the challenges for working parents, and the solutions, are about the structure of work, not people’s individual effort,” says Corinne Low of the Wharton School. Fed holds rates steady amid elevated inflation, but future hikes more likely Penn In the News The Washington Post Fed holds rates steady amid elevated inflation, but future hikes more likely Inflation “rises like a rocket and falls like a feather,” says Patrick Harker of the Wharton School. Load More
Fed holds rates steady amid elevated inflation, but future hikes more likely Penn In the News The Washington Post Fed holds rates steady amid elevated inflation, but future hikes more likely Inflation “rises like a rocket and falls like a feather,” says Patrick Harker of the Wharton School.