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Economics

Penn announces nine 2026 Thouron Scholars
Recipients of the 2026 Thouron awards are (left to right, top to bottom) Tristen Brisky, Charissa Howard, Jean Kim, Jordan Liu, Caroline Magdolen, Griffin Pitt, Andrew Schmidt, Sriya Teerdhala, and Megha Thomas.

Recipients of the 2026 Thouron awards are (left to right, top to bottom) Tristen Brisky, Charissa Howard, Jean Kim, Jordan Liu, Caroline Magdolen, Griffin Pitt, Andrew Schmidt, Sriya Teerdhala, and Megha Thomas.

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Penn announces nine 2026 Thouron Scholars

Six fourth-year students and three recent graduates will use the scholarship award to pursue graduate studies in the United Kingdom.

6 min. read

Financing resilience for ocean economies
A wave in the ocean.

Image: Abstract Aerial Art via Getty Images

Financing resilience for ocean economies

Perry World House’s “Financing Resilience for Ocean Economies” workshop brought together policymakers, practitioners, and academics to discuss how to close the $175 billion annual investment gap in ocean resilience.

2 min. read

How a firm’s ownership structure dictates its pollution footprint

How a firm’s ownership structure dictates its pollution footprint

Firms with concentrated ownership are likely to be worse polluters than those where smaller shareholders are in a majority, according to a new paper co-authored by Wharton’s Arthur van Benthem.

How homeownership helps build wealth

How homeownership helps build wealth

Mortgage modifications during the Great Recession helped distressed borrowers keep their homes and accumulate more capital gains wealth, according to a new study from Wharton’s Fernando Ferreira.

More money makes people happier, but not at work

More money makes people happier, but not at work

In a new study, Wharton senior fellow Matthew Killingsworth finds that people who make more money are indeed happier in their lives—just not while they are at work.

Five things to know about private credit
Traders at the New York Stock Exchange looking at monitors.

Michael M. Santiago via Getty Images

Five things to know about private credit

As investor withdrawals and liquidity concerns rattle a $1.8 trillion market, Wharton’s Itay Goldstein explains how private credit works, why experts are uneasy, and what it could mean for your finances.

3 min. read