Economics

In a co-authored op-ed, Ioana Marinescu of the School of Social Policy & Practice outlines the key federal measures that could enable workers to find new, higher-paying jobs.

In an op-ed, Susan Wachter of the Wharton School writes about how ongoing monetary policy has resulted in high house prices and rates of rent alongside low construction and sales activity.

The White House says that the Penn Wharton Budget Model’s analysis supports its findings that most student loan forgiveness benefits will flow to low and middle earners.

Steve Viscelli of the School of Arts & Sciences says that labor shortage claims are industry-lobbying rhetoric meant to reframe the issue as a scarcity of workers rather than a lack of decent jobs.

Kevin Werbach of the Wharton School acknowledges that there’s a lot of uncertainty and hype around the blockchain space and says that traditional firms will need people who understand it.

In an op-ed, Christopher Yoo of Penn Carey Law argues that enacting antitrust legislation in response to “techlash” would disincentivize innovation and penalize companies for being successful.

An analysis by the Penn Wharton Budget Model estimates that President Biden’s loan plan will cost $519 billion over 10 years, with 75% of the benefit going to households making $88,000 or less per year.

Thomas S. Robertson of the Wharton School writes about the growth of online video platforms and explains why consumers are drawn to livestream commerce.

An analysis by the Penn Wharton Budget Model finds that three-quarters of the benefits of President Biden’s student loan plan will go to low-income and middle-class earners, even among borrowers ages 25 to 35.