Economics

Jeremy Siegel of the Wharton School discusses the outcome of the presidential election, its impact on markets and the economy, and the independence of the Federal Reserve.

Kent Smetters of the Wharton School says that the Federal Reserve doesn’t have as much control over mortgage rates and longer-term loans as it used to.

Jeremy Siegel of the Wharton School expects that worry over Donald Trump enacting tax cuts will cause bond yields to rise.

Danny Cullenward of the Kleinman Center for Energy Policy at the Weitzman School of Design says that many things being credited in California’s new climate program don’t help the climate.

Research by Olivia Mitchell of the Wharton School and colleagues finds that low-income workers aren’t incentivized to learn about supplements to retirement income like IRAs and 401(k)s, since they tend to rely on and benefit more from fixed-income retirement sources like Social Security payments.

According to the Wharton School, a proposal to double the SALT tax deduction cap from $10,000 to $20,000 would cost the U.S. government $22 billion during a 10-year period.

A paper co-authored by Pinar Yildirim of the Wharton School finds that worsening job prospects from automation decrease long-term investments in housing and education, which causes residents to increasingly vote for candidates with populist agendas.

Economists at Penn estimate that Donald Trump’s tax and spending plans would increase the deficit by $4.1 trillion.

Jeremy Siegel of the Wharton School says that a Republican sweep of the House, Senate, and presidency would cause the bond market to be wobbly.