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Finance at Wharton

Wharton’s research centers and initiatives are at the frontier of finance, promoting innovative research and groundbreaking programs in areas including investment management, private equity, hedge funds, venture capital, quantitative finance, fintech, financial policy, and regulation. Explore the future of finance below.

Research Discoveries

Headshot of Sasha Indarte, assistant professor at the Wharton School

How Expanding Medicaid Impacts Household Debt: Q&A with Professor Sasha Indarte

Professors Sasha Indarte and Gideon Bornstein investigate how the expansion of social insurance affects households’ accumulation of debt, in their 2023 paper. In this interview, Professor Indarte dives into these findings and discusses their importance in the larger conversation around the economic resilience of households. Read more here!

Assistant Professor Daniel Garrett smiling before a gray background, and wearing a blue suit jacket.

How U.S. Workers are Impacted by International Taxation: Q&A with Assistant Professor Daniel Garrett

There is a belief among policymakers that a lower foreign tax burden of domestic multinational firms will result in more jobs and increased wages at home. Daniel Garrett, assistant professor of finance at Wharton, challenges this belief in his 2024 paper, “Effects of International Tax Provisions on Domestic Labor Markets.” Read more here!

Wharton assistant professor of finance Amy Huber

Assistant Professor Amy Wang Huber on Foreign Investors and their USD Holdings

Over the past two decades, foreign investors have increased their holdings of USD securities – but by how much? Amy Wang Huber, Assistant Professor of Finance at Wharton, gets to the bottom of dollar asset holding and hedging around the globe in her 2023 paper. In this enlightening interview, professor Huber discusses her ground-breaking findings. Read more here!

Upcoming Events

2024 Frontiers in Quantitative Finance Conference
The Jacobs Levy Center will hold its 2024 Frontiers in Quantitative Finance Conference on Friday, September 20 in Jon M. Huntsman Hall on the University of Pennsylvania’s campus in Philadelphia. More details will be shared this spring. The program will include paper presentations, a panel discussion, and recognition of the 2024 winners of the Jacobs Levy Center Research Paper Prizes.
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Recent Events

IMF-WIFPR Conference
The IMF-WIFPR Conference on Financial and Real Implications of Technologies, AI, and Cyber Risks convened an assembly of academic scholars, industry leaders, and policymakers.
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Webinar: The Return of Return Dominance
The Wharton School’s Jacobs Levy Center hosted a special webinar featuring Sean Myers, assistant professor of finance at Wharton. Professor Myers presented his paper The Return of Return Dominance: Decomposing the Cross-section of Prices, which tackles the fundamental question – why do stock prices differ so much between companies? Watch the webinar recording.

Cypher Accelerator Demo and Innovation Day
Wharton Cypher Accelerator held Demo and Innovation Day on Friday, April 12 at the Penn Club in New York City. This event featured presentations by Cypher Accelerator’s cohort of startups focused on health care, project operations automation, medical imaging, and sustainability – as well as exciting keynote speakers, exclusive networking opportunities, and live musical performances. Learn more about Cypher Accelerator.

About

Finance centers at the Wharton School serve as thought leaders for innovative research by supporting and disseminating cutting-edge work in areas including investment management, private equity, hedge funds, venture capital, quantitative finance, fintech, policy, and regulation.