Economics

A study by the Wharton School concludes: “The available evidence suggests that immigration leads to more innovation, a better educated workforce, greater occupational specialization, better matching of skills with jobs, and higher overall economic productivity.”

Peter Cappelli of the Wharton School says that in recent years the hiring process has slowed down as the number of interview rounds has increased.

Susan Wachter of the Wharton School writes that mortgage rates have doubled, but housing prices persist at all-time highs and affordability at 40-year lows.

Katy Milkman of the Wharton School says that people are more likely to perform well when they’re observed.

Jeremy Siegel of the Wharton School says that despite concerning data surrounding jobless claims, U.S. inflation is showing signs for the better.

Katy Milkman of the Wharton School and Kandi Wiens of the Graduate School of Education recommend books that have helped them in their professional and personal lives.

Olivia Mitchell of the Wharton School explains how younger and older workers will benefit from a new provision where employers can match student loan payments as retirement contributions.

R. Jisung Park of the School of Social Policy & Practice says that the past decade of research has provided a much more nuanced understanding of how subtle changes in temperature broadly affect human flourishing.

Itay Goldstein of the Wharton School says that the GameStop stock saga shows how investors can use modern communication tools to coordinate beliefs.

A paper by Winston Wei Dou and Itay Goldstein of the Wharton School warns that informed AI traders can collude and generate substantial profits without explicit coordination that violates antitrust regulations.