Economics

Person checking their receipt at a grocery store with a cart full of groceries.

More than 2 million additional Americans faced food insufficiency following SNAP benefits drawdown

A study from Penn Medicine finds that after discontinuing pandemic-related food assistance benefits, Americans faced a substantial increase in food insufficiency, which can contribute to chronic diseases like high blood pressure, heart disease, and diabetes.

ESG investors have ethical motives. They also expect to outperform the market

A paper co-authored by researchers at the Wharton School suggests that many investors who own ESG stakes expect those investments to outperform the U.S. stock market.

The bright side of bank diversification

A collaborative study by Itay Goldstein of the Wharton School demonstrates that asset diversification encourages banks to devote more of their assets to lending.

Game-changing and costly: The IRA one year later

The Penn Wharton Budget Model indicates that subsidies from the Inflation Reduction Act will be around $1.04 trillion.

A teacher listens to a young student at their desk.

What policymakers can learn from the Teacher Loan Forgiveness program

A new Wharton study finds a new student loan debt forgiveness program for teachers program “broken,” and raises broader issues on how student aid programs could backfire.

Jean Galbraith (third from right) and six others standing on a staircase.

‘Poverty penalties’ pose human rights concerns

Criminal fines and fees disproportionately affect poor individuals and people in vulnerable groups, write Penn Carey Law professor Jean Galbraith and students.

Few U.S. workers leaving carbon-intensive jobs move to green ones

A collaborative study by R. Jisung Park of the School of Social Policy & Practice found that fewer than 1% of all workers leave a dirty job for a green one and are more likely to move to manufacturing or another carbon-intensive industry.

Transition from ‘dirty’ to green U.S. jobs rises, leaving older workers behind

A study by R. Jisung Park of the School of Social Policy & Practice and colleagues finds that the rate of transition from “dirty” to green jobs is rapidly rising but older and blue-collar workers are being left behind.

Yes, inflation is down. No, the Inflation Reduction Act doesn’t deserve the credit

Alex Arnon of the Wharton School says that the Inflation Reduction Act hasn’t been a significant factor in bringing down inflation.

‘Unluckiest generation’ falters in boomer-dominated market for homes

Joseph Gyourko of the Wharton School says that high interest rates for mortgages are a burden on young people who don’t have the higher salaries of some older Americans.

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