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Finance
The Economic Justice Partnership focuses on creating an equal financial playing field
The Economic Justice Partnership focuses on creating an equal financial playing field
From the basics of setting up an investment account to giving a play-by-play on how interest accrues, the partnership—a Projects for Progress winner—hosts financial literacy workshops with middle and high school students around Philadelphia, as well as Penn and other college students.
The economy and you
The economy and you
The latest episodes of the Wharton School’s faculty research podcast, ‘Ripple Effect,’ delve into the economics of the U.S. housing market, public policy, the possibility of recession, and the Federal Reserve.
Stevens Center unveils app made for teens, by teens
Stevens Center unveils app made for teens, by teens
For over a year, 35 high school students who are interns at the Center developed an app that helps college-bound adolescents calculate the cost of higher education.
Why stock valuation hinges more on returns than future earnings
Why stock valuation hinges more on returns than future earnings
Growth stocks don’t generate the long-term returns that would justify their high multiples, according to the 2023 Jacobs Levy Center’s “Best Paper” co-authored by the Wharton School’s Sean Myers.
Who, What, Why: History Ph.D. candidate Arielle Alterwaite looks at Haitian debt
Who, What, Why: History Ph.D. candidate Arielle Alterwaite looks at Haitian debt
Her work on Haiti’s sovereign debt in the aftermath of the Haitian Revolution holds lessons for what is currently happening there and more broadly for conversations around reparations.
The risky business of homeowners insurance
The risky business of homeowners insurance
State Farm, the largest insurer in California, has stopped writing new home insurance policies there, citing “rapidly growing catastrophe exposure.” In a Q&A, Wharton’s Benjamin Keys discusses climate change and its risk to the real estate market.
How banks could protect themselves from runs
How banks could protect themselves from runs
The 2023 banking crisis brought into sharp focus the downsides of rising interest rates and uninsured deposits. New research co-authored by Wharton’s Itamar Drechsler offers banks a way to manage those risks.
Three things to know about the debt ceiling fight
Three things to know about the debt ceiling fight
Economist Harold L. Cole of the School of Arts & Sciences offers an overview of what could happen should the U.S. default on debt payments because no spending deal is reached.
Graduating from the Wharton School and ready for the world
In her four years as a Wharton undergrad, Sahiba Baveja has two health care startups on her resumé, along with entrepreneurship courses, and a stint in the Venture Lab.
How households are locked in by rising mortgage rates
How households are locked in by rising mortgage rates
A new paper co-authored by Wharton’s Lu Liu looks at why homeowners become caught in a so-called “mortgage lock-in” and how that impacts their ability to move.
In the News
Barron’s
The U.S. can’t grow its way out of debt. Here’s what it can do
A package of 13 major tax and spending reforms proposed by the Penn Wharton Budget Model could reduce the deficit by $10 trillion during the 10-year budget window and generate $59 trillion in net revenue by 2054.
FULL STORY →
Marketplace (NPR)
The economists’ word of the year
Sasha Indarte of the Wharton School says that economic uncertainty can cause people to postpone choices like spending, buying homes, how much to save, and how much to invest.
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CNBC
Wharton’s Jeremy Siegel says stock sell-off is ‘healthy’ as cautious Fed gives investors a ‘reality check’
Jeremy Siegel of the Wharton School expects the Federal Reserve to pare back the number of rate cuts next year, with just one or two reductions.
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CNET
Will we see more tax breaks next year? Who benefits under Trump’s tax plan
The Penn Wharton Budget Model finds that households of different income spectrums across the U.S. would largely benefit from Trump’s tax changes in the short term.
FULL STORY →
NorthJersey.com
Could Trump raise NJ property tax deduction to $20,000? SALT cap increase on table
According to the Wharton School, increasing the SALT cap from $10,000 to $20,000 would cost the U.S. government $22 billion during a 10-year period.
FULL STORY →
CNBC
Trump won’t knowingly do something that’ll harm the market performance, says Wharton’s Jeremy Siegel
Jeremy Siegel of the Wharton School discusses whether the current Trump stock rally can continue and why equity markets aren’t as concerned about tariffs.
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