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News Archive

  • The U.S. will impose new economic sanctions on two-dozen Russian individuals and entities for cyberattacks in the U.S. and...
    President Trump unveils new sanctions against Russia; U.S. weekly jobless claims total 226,000, meeting economists’ expectations; Import prices rise more than expected in February. 
  • Faculty Affiliate Mary Hunter-McDonnell
    Faculty Affiliate Mary-Hunter McDonnell writes for Quartz on Google and its two prominent lawsuits from former employees: a gender-pay lawsuit filed by women who claimed they were paid less than their male counterparts and a lawsuit alleging discrimination against conservative white men.

    Her research findings suggest that the companies punished most harshly when they are found liable for discrimination have a high status and reputations for being good employers. What are the implications of this for Google?
  • Faculty Affiliate Pinar Yildirim.

     A recent paper by Faculty Affiliate Pinar Yildirim explores the increasingly common scenario of working alongside robots.

    It suggests that, at the moment at least, there is often a fall in efficiency and productivity in such scenarios because the introduction of automation destabilizes human teams.

    “The attraction of machines and robots is the potential increase in efficiency and the reduction in the cost of getting things done,” the research explains. “On the other hand, you have to think about the behavioral reactions of men and women who are now working alongside machines instead of humans.”

  • Penn Wharton PPI Faculty Affiliate, Professor Ezekiel J. Emanuel
    That the US health care system is excessively costly is not news. The controversy involves 3 connected questions: (1) what are the real drivers of high costs, (2) what policies have the highest probability of reducing those costs, and (3) what are the consequences of not reducing excessive health care costs?

    In this article for the JAMA Network, Faculty Affiliate Ezekiel Emanuel explores the true cost of health care in America.
  • US retail sales fell for the 3rd straight month in February by 0.1%, the first time since 2012 that sales fell three month...
    Right to Try bill fails in the House; Appeals court upholds Texas sanctuary city law; US Retail Sales Fall, despite rising wages. 
  • President Trump on Tuesday removed Rex Tillerson as Secretary of State and replaced Mr. Tillerson with Mike Pompeo, the C....
    Mike Pompeo replaces Rex Tillerson as Trump’s Secretary of State; U.S. consumer prices rose 0.2% in February, matching economists’ expectations; U.S. Small-Business optimism rises to highest level since 1983.
  • The Senate will vote at 5:30 on Monday to end debate on a set of updates to a bipartisan bill that loosens strict banking ...
    Right to Try bill up in the House Tuesday; Senate to vote Monday on Dodd-Frank rollback; Inflation expectations rise to highest levels in a year. 
  • Penn Wharton PPI Faculty Affiliate, Professor Kevin Werbach
    There is a rapidly growing market for the use of game-like techniques for motivating employees. Recent studies show growth for so-called gamification software, some of which allows workers to earn points and badges by completing certain tasks or performing well.

    Often companies don’t actually lower compensation but push workers to do more for the same pay by using games and game-like incentives.

    “Not only did [employees go] above and beyond their work responsibilities,” wrote Faculty Affiliate Kevin Werbach,“but a large number of them described the process as enjoyable and even addicting.”
  • Penn Wharton PPI Faculty Affiliate, Professor Gilles Duranton
    Philadelphia officials are adding their voices to a bipartisan chorus of vexed state and city officials across the nation lambasting President Donald J. Trump’s $200 billion infrastructure spending proposal.

    Trump says the plan will leverage an additional $1.3 trillion in state, local, and private investment, but experts say is little more than a legislative Big Dig — a loud, confusing mess. “It’s just bizarre. It’s a complete alternative reality,” says Faculty Affiliate Gilles Duranton. “These are just numbers that are being pulled out of thin air.”
  • Faculty Affiliate Vincent Reina

    On WNYC’s “The Takeaway,” Faculty Affiliate Vincent Reina weighed in on Carson’s leadership and the questions the secretary faces from lack of policy reforms to the purchase of a $31,000 dining set for his office.

  • Penn Wharton PPI Faculty Affiliate, Professor Jeremy Siegel
  • Penn Wharton PPI Faculty Affiliate, Professor Olivia S. Mitchell
    Research by Faculty Affiliate Olivia S. Michell has inspired a new startup that is building a way for consumers to more easily buy what has notoriously been a hard sell: annuity contracts, both those that create an immediate income stream and others that produce income years down the road.
  • Global trading partners in East Asia expressed dismay after President Trump announced his intention to institute a 25% ste...
    US tariff announcement prompts trade war fears, scramble for exemptions; Trump administration blocks Idaho efforts to undermine Obamacare; Economy added 313,000 jobs in February.
  • The Satisfying Energy Needs and Saving the Environment Act (SENSE Act) would reduce pollution standards for power plants t...
    House votes to loosen coal-fired plant air pollution standards; Layoffs down, but unemployment rebounds; Oil falls on US supply.
  • In response to an announcement by President Trump that the US intends to levy taxes on imported aluminum and steel, the Eu...
    South Dakota sales tax case rises to the US Supreme Court; US juice and peanut butter face retaliatory EU tax; US Trade deficit over 9-year high; Private sector jobs continue to grow, beating estimates.
  • Faculty Affiliate Ioana Marinescu
    Faculty Affiliate Ioana Marinescu discusses her new research findings on government aid to individuals and employment figures in a recent radio interview with KJZZ. 

    She looked at employment in Alaska and compared it to employment in states that were most similar to Alaska, and found that on average people did not stop working when they received a government check, effectively “free money”, from the state’s oil fund. 
  • Penn Wharton PPI Faculty Affiliate, Professor Ezekiel J. Emanuel
    Why don’t we mandate the flu vaccination? This is a question that Faculty Affiliate Ezekiel Emanuel poses in his New York Times Op-Ed. 

    “Starting next year, we should provide the vaccine free in all schools, preschools and day care centers — and require that all children under 18 get it before Thanksgiving.

    What are we waiting for? Must more children die unnecessarily?”

  • Faculty Affiliate Peter Conti-Brown.
    Marijuana is a booming business in the United States, but its growth is hampered by the paradox between state and federal policies toward the drug. 

    Faculty Affiliate Peter Conti-Brown explains how federal banking regulations force this cash-based enterprise to operate in a “gray market.” 
  • outh Korean officials have reported that the North Korean government is ready for a "heart-to-heart" with the US...
    Clash on bipartisan bank regulation roll back bill; North Korea promises to stop missile tests if US holds talks; February’s consumer sentiment inched down slightly at the end of this month, but still beat economists’ estimates.
  •  President Trump’s announcement that he intends to institute tariffs of 25 percent on steel imports and 10 perc...
    Trump’s tariffs spark NAFTA, trade war concerns; Trump approves Arkansas Medicaid work requirements; Activity in the US services sector of the economy slipped a bit in February, largely on limited employment growth.
  • Penn Wharton PPI Faculty Affiliate, Professor Cary Coglianese
    Faculty Affiliate Cary Coglianese discusses why state and local governments must consider the potential legal risks of their climate change policies.
  • Penn Wharton PPI Faculty Affiliate, Professor John MacDonald
    Poor sections of Kensington/Allegheny, the Southwest, and North Philly experienced the most significant decrease in crime when the conditions of lots improved, said coauthor John MacDonald, a University of Pennsylvania professor of criminology and sociology. 

    Macdonald said the findings carry powerful implications for Philly and other cities struggling with abandonment and crime. The research quantifies the public health and safety payoff that comes when blighted lots are cleaned up.
  • Penn Wharton PPI Faculty Affiliate, Professor Kevin Werbach
    What is Ajit Pai’s strategy at the FCC? Faculty Affiliate Kevin Werbach, a former FCC staffer, says “he’s going through, pretty systematically, to reverse rules put in place during the Obama administration.” 
  • he number of Americans filing for unemployment benefits unexpectedly decreased last week, hitting the lowest level in more...
    GOP considers budget maneuver to help pay for additional ObamaCare healthcare funding; U.S. weekly jobless claims drop to lowest level since 1969; U.S. consumer inflation increases in January. 
  • Governor of Wisconsin Scott Walker signed a bill Tuesday to shore up state insurance markets, authorizing the state to app...
    Governor Scott Walker signs Obamacare stabilization bill; House passes controversial anti-online sex trafficking bill; US economic growth revised down.
  • (Image: Construction on the Tappan Zee Bridge in New York, the result of a public-private partnership, has generated over ...

    The state of American infrastructure figures prominently in current national policy discussion, prompted by poor report cards, energized political campaigns, and recent executive initiatives. Severe underfunding of needed infrastructure projects has prompted proposals from both sides of the political aisle, with public-private partnerships (P3s) featuring prominently. This article evaluates and offers perspective on different types of P3s, examining their benefits and costs and the Trump administration’s plans.

  • GOP senators said on Monday that next month’s government funding bill, known as an omnibus, will likely be the vehic...
    Republican senators say that immigration deal likely to be incorporated into funding bill; Consumer confidence increases to 130.8 in February, the highest level since 2000; U.S. core capital goods orders fall while goods trade deficit widens.
  • The Supreme Court has refused to hear a challenge to a lower court ruling that temporarily blocked the Trump administratio...
    Manhattan appeals court finds Civil Rights Act covers sexual orientation; Supreme Court refuses to hear DACA challenge; Sales of new US single family homes fall again in January.
  • mericans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, showing th...
    Bipartisan group of governors reveals new health reform proposal; Global trade flows rise at the quickest pace since 2011; Americas’ economic expectations reach second-highest level since 2002.
  • President Trump on Thursday signaled a dramatic shift on gun control after he held an emotional listening sessio...
    Trump signals a shift on gun control; U.S. jobless claims near 45-year low as economic outlook brightens; Leading indicators beat expectations and post third straight month of gains in January.



  • <h3>MapStats</h3><p> A feature of FedStats, MapStats allows users to search for <strong>state, county, city, congressional district, or Federal judicial district data</strong> (demographic, economic, and geographic).</p><p> Quick link: <a href="http://www.fedstats.gov/mapstats/" target="_blank">http://www.fedstats.gov/mapstats/</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>Internal Revenue Service: Tax Statistics</h3><p><img width="155" height="200" alt="" src="/live/image/gid/4/width/155/height/200/486_irs_logo.rev.1407789424.jpg" class="lw_image lw_image486 lw_align_left" srcset="/live/image/scale/2x/gid/4/width/155/height/200/486_irs_logo.rev.1407789424.jpg 2x" data-max-w="463" data-max-h="596"/>Find statistics on business tax, individual tax, charitable and exempt organizations, IRS operations and budget, and income (SOI), as well as statistics by form, products, publications, papers, and other IRS data.</p><p> Quick link to <strong>Tax Statistics, where you will find a wide range of tables, articles, and data</strong> that describe and measure elements of the U.S. tax system: <a href="http://www.irs.gov/uac/Tax-Stats-2" target="_blank">http://www.irs.gov/uac/Tax-Stats-2</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>The Penn World Table</h3><p> The Penn World Table provides purchasing power parity and national income accounts converted to international prices for 189 countries/territories for some or all of the years 1950-2010.</p><p><a href="https://pwt.sas.upenn.edu/php_site/pwt71/pwt71_form.php" target="_blank">Quick link.</a> </p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>National Bureau of Economic Research (Public Use Data Archive)</h3><p><img width="180" height="43" alt="" src="/live/image/gid/4/width/180/height/43/478_nber.rev.1407530465.jpg" class="lw_image lw_image478 lw_align_right" data-max-w="329" data-max-h="79"/>Founded in 1920, the <strong>National Bureau of Economic Research</strong> is a private, nonprofit, nonpartisan research organization dedicated to promoting a greater understanding of how the economy works. The NBER is committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community.</p><p> Quick Link to <strong>Public Use Data Archive</strong>: <a href="http://www.nber.org/data/" target="_blank">http://www.nber.org/data/</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>Federal Aviation Administration: Accident & Incident Data</h3><p><img width="100" height="100" alt="" src="/live/image/gid/4/width/100/height/100/80_faa-logo.rev.1402681347.jpg" class="lw_image lw_image80 lw_align_left" srcset="/live/image/scale/2x/gid/4/width/100/height/100/80_faa-logo.rev.1402681347.jpg 2x, /live/image/scale/3x/gid/4/width/100/height/100/80_faa-logo.rev.1402681347.jpg 3x" data-max-w="550" data-max-h="550"/>The NTSB issues an accident report following each investigation. These reports are available online for reports issued since 1996, with older reports coming online soon. The reports listing is sortable by the event date, report date, city, and state.</p><p> Quick link: <a href="http://www.faa.gov/data_research/accident_incident/" target="_blank">http://www.faa.gov/data_research/accident_incident/</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>NOAA National Climatic Data Center</h3><p><img width="200" height="198" alt="" src="/live/image/gid/4/width/200/height/198/483_noaa_logo.rev.1407788692.jpg" class="lw_image lw_image483 lw_align_left" srcset="/live/image/scale/2x/gid/4/width/200/height/198/483_noaa_logo.rev.1407788692.jpg 2x, /live/image/scale/3x/gid/4/width/200/height/198/483_noaa_logo.rev.1407788692.jpg 3x" data-max-w="954" data-max-h="945"/>NOAA’s National Climatic Data Center (NCDC) is responsible for preserving, monitoring, assessing, and providing public access to the Nation’s treasure of <strong>climate and historical weather data and information</strong>.</p><p> Quick link to home page: <a href="http://www.ncdc.noaa.gov/" target="_blank">http://www.ncdc.noaa.gov/</a></p><p> Quick link to NCDC’s climate and weather datasets, products, and various web pages and resources: <a href="http://www.ncdc.noaa.gov/data-access/quick-links" target="_blank">http://www.ncdc.noaa.gov/data-access/quick-links</a></p><p> Quick link to Text & Map Search: <a href="http://www.ncdc.noaa.gov/cdo-web/" target="_blank">http://www.ncdc.noaa.gov/cdo-web/</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>The World Bank Data (U.S.)</h3><p><img width="130" height="118" alt="" src="/live/image/gid/4/width/130/height/118/484_world-bank-logo.rev.1407788945.jpg" class="lw_image lw_image484 lw_align_left" srcset="/live/image/scale/2x/gid/4/width/130/height/118/484_world-bank-logo.rev.1407788945.jpg 2x, /live/image/scale/3x/gid/4/width/130/height/118/484_world-bank-logo.rev.1407788945.jpg 3x" data-max-w="1406" data-max-h="1275"/>The <strong>World Bank</strong> provides World Development Indicators, Surveys, and data on Finances and Climate Change.</p><p> Quick link: <a href="http://data.worldbank.org/country/united-states" target="_blank">http://data.worldbank.org/country/united-states</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>Congressional Budget Office</h3><p><img width="180" height="180" alt="" src="/live/image/gid/4/width/180/height/180/380_cbo-logo.rev.1406822035.jpg" class="lw_image lw_image380 lw_align_right" data-max-w="180" data-max-h="180"/>Since its founding in 1974, the Congressional Budget Office (CBO) has produced independent analyses of budgetary and economic issues to support the Congressional budget process.</p><p> The agency is strictly nonpartisan and conducts objective, impartial analysis, which is evident in each of the dozens of reports and hundreds of cost estimates that its economists and policy analysts produce each year. CBO does not make policy recommendations, and each report and cost estimate discloses the agency’s assumptions and methodologies. <strong>CBO provides budgetary and economic information in a variety of ways and at various points in the legislative process.</strong> Products include baseline budget projections and economic forecasts, analysis of the President’s budget, cost estimates, analysis of federal mandates, working papers, and more.</p><p> Quick link to Products page: <a href="http://www.cbo.gov/about/our-products" target="_blank">http://www.cbo.gov/about/our-products</a></p><p> Quick link to Topics: <a href="http://www.cbo.gov/topics" target="_blank">http://www.cbo.gov/topics</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>National Center for Education Statistics</h3><p><strong><img width="400" height="80" alt="" src="/live/image/gid/4/width/400/height/80/479_nces.rev.1407787656.jpg" class="lw_image lw_image479 lw_align_right" data-max-w="400" data-max-h="80"/>The National Center for Education Statistics (NCES) is the primary federal entity for collecting and analyzing data related to education in the U.S. and other nations.</strong> NCES is located within the U.S. Department of Education and the Institute of Education Sciences. NCES has an extensive Statistical Standards Program that consults and advises on methodological and statistical aspects involved in the design, collection, and analysis of data collections in the Center. To learn more about the NCES, <a href="http://nces.ed.gov/about/" target="_blank">click here</a>.</p><p> Quick link to NCES Data Tools: <a href="http://nces.ed.gov/datatools/index.asp?DataToolSectionID=4" target="_blank">http://nces.ed.gov/datatools/index.asp?DataToolSectionID=4</a></p><p> Quick link to Quick Tables and Figures: <a href="http://nces.ed.gov/quicktables/" target="_blank">http://nces.ed.gov/quicktables/</a></p><p> Quick link to NCES Fast Facts (Note: The primary purpose of the Fast Facts website is to provide users with concise information on a range of educational issues, from early childhood to adult learning.): <a href="http://nces.ed.gov/fastfacts/" target="_blank">http://nces.ed.gov/fastfacts/#</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>USDA Nutrition Assistance Data</h3><p><img width="180" height="124" alt="" src="/live/image/gid/4/width/180/height/124/485_usda_logo.rev.1407789238.jpg" class="lw_image lw_image485 lw_align_right" srcset="/live/image/scale/2x/gid/4/width/180/height/124/485_usda_logo.rev.1407789238.jpg 2x, /live/image/scale/3x/gid/4/width/180/height/124/485_usda_logo.rev.1407789238.jpg 3x" data-max-w="1233" data-max-h="850"/>Data and research regarding the following <strong>USDA Nutrition Assistance</strong> programs are available through this site:</p><ul><li>Supplemental Nutrition Assistance Program (SNAP) </li><li>Food Distribution Programs </li><li>School Meals </li><li>Women, Infants and Children </li></ul><p> Quick link: <a href="http://www.fns.usda.gov/data-and-statistics" target="_blank">http://www.fns.usda.gov/data-and-statistics</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>HUD State of the Cities Data Systems</h3><p><strong><img width="200" height="200" alt="" src="/live/image/gid/4/width/200/height/200/482_hud_logo.rev.1407788472.jpg" class="lw_image lw_image482 lw_align_left" srcset="/live/image/scale/2x/gid/4/width/200/height/200/482_hud_logo.rev.1407788472.jpg 2x, /live/image/scale/3x/gid/4/width/200/height/200/482_hud_logo.rev.1407788472.jpg 3x" data-max-w="612" data-max-h="613"/>The SOCDS provides data for individual Metropolitan Areas, Central Cities, and Suburbs.</strong> It is a portal for non-national data made available through a number of outside institutions (e.g. Census, BLS, FBI and others).</p><p> Quick link: <a href="http://www.huduser.org/portal/datasets/socds.html" target="_blank">http://www.huduser.org/portal/datasets/socds.html</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>
  • <h3>Federal Reserve Economic Data (FRED®)</h3><p><strong><img width="180" height="79" alt="" src="/live/image/gid/4/width/180/height/79/481_fred-logo.rev.1407788243.jpg" class="lw_image lw_image481 lw_align_right" data-max-w="222" data-max-h="97"/>An online database consisting of more than 72,000 economic data time series from 54 national, international, public, and private sources.</strong> FRED®, created and maintained by Research Department at the Federal Reserve Bank of St. Louis, goes far beyond simply providing data: It combines data with a powerful mix of tools that help the user understand, interact with, display, and disseminate the data.</p><p> Quick link to data page: <a href="http://research.stlouisfed.org/fred2/tags/series" target="_blank">http://research.stlouisfed.org/fred2/tags/series</a></p><p>See all <a href="/data-resources/">data and resources</a> »</p>