Economics

Jeremy Siegel of the Wharton School said that “shrapnel” from the Fed’s rate hikes took down Silicon Valley Bank and may send the economy into recession in the process.

Kent Smetters of the Wharton School says that a government default would make it hard to access credit.

Kent Smetters of the Wharton School says that each side of the political aisle can blame the other, but that the U.S. national debt is mathematically just a mismatch.

A 2013 paper co-authored by Olivia Mitchell of the Wharton School is widely quoted for its critique of the way financial literacy programs are taught.

A study by the Wharton School found that Texas issuers would incur $300-$500 million in additional interest on the $31.8 billion borrowed during the first eight months after the enactment of an ESG ban.

A study by the Wharton School and a Fed economist calculated that an anti-ESG law in Texas would cost the state $303 million to $532 million in additional interest annually.

Research by Benjamin Keys of the Wharton School found that homes sales volumes fell 20% between 2013 and 2018 in low-lying Florida areas where 70% or more of the land was exposed to six feet of sea-level rise.

A paper co-written by Olivia Mitchell of the Wharton School finds that only 43% of respondents are able to correctly answer three basic questions about financial literacy.

A study led by postdoc Amanda Kreider of the Leonard Davis Institute and Perelman School of Medicine finds that the number of available home care workers has fallen by nearly 12% between 2013 and 2019.