From Turing to Trading: How AI is Revolutionizing Finance

Digital lines emerge before a dark blue background. "AI in Finance" appears in the middle This is the first installment of the new blog series, "From Algorithms to Innovation: AI Redefines the Frontiers of Global Finance" by Sarah Hammer, executive director at the Wharton School. This forward-looking series explores the unique capabilities and unprecedented challenges of generative AI across the financial landscape. Take a deepRead More

A Bite of Finance: The Latest from Wharton

A promotional graphic titled "A Bite of Finance: The Latest from Wharton," featuring information about a paper on measuring intermediaries'' risk-bearing capacity. It includes authors'' names, a quote, and options to read more or contact the author, set This Bite of Finance newsletter highlights recent ground-breaking research by Wharton’s finance faculty and papers supported by Finance at Wharton. In this July 2024 issue: intermediary elasticity; the impact of perceived environmental health risk on property values and neighborhood composition; how households are exposed to interest rate risk; factors thatRead More

How Expanding Medicaid Impacts Household Debt

Headshot of Sasha Indarte, assistant professor at the Wharton School Sasha Indarte and Gideon Bornstein, assistant professors of finance at Wharton, investigate how the expansion of social insurance affects households’ accumulation of debt, in their 2023 paper, supported by the Rodney White Center. In this insightful interview, Professor Indarte dives into these findings and discusses their importance in the largerRead More

Wharton Faculty on Financial Literacy

Ripple Effect graphic featuring David Musto in black and white before a dark blue background The Ripple Effect podcast from Knowledge at Wharton presents a series of episodes featuring Wharton faculty, offering their expert insight on financial literacy. Browse the full series below, and listen to a special "Best of: Financial Literacy" episode of Ripple Effect to hear highlights from each installment. How Financial LiteracyRead More

Reflections from a Graduating Jacobs Scholar: Q&A with Zachary Long

Zachary Long smiles before a gray background Zachary Long, a Jacobs Scholar for the 2023-2024 school year and graduating MBA at Wharton Dr. Bruce I. Jacobs, G’79, GRW’86, co-founder of Jacobs Levy Equity Management The Dr. Bruce I. Jacobs Scholars in Quantitative Finance is an academic award dedicated to exceptional students entering their second year of theRead More

How U.S. Workers are Impacted by International Taxation

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

Foreign Investors and their USD Holdings

Wharton assistant professor of finance Amy Huber 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, co-authored with Wenxin Du, andRead More