Retirement

Sylvain Catherine and Lu Liu Win Prestigious Research Prizes

Two people's headshots side by side with text in white font that reads "Sylvain Catherine and Lu Liu Win American Finance Association First Prizes" Two members of Wharton’s finance faculty — Sylvain Catherine and Lu Liu — were named among this year’s winners of the American Finance Association’s First Prizes, awarded for outstanding research published in the Journal of Finance, one of the field’s most prestigious publications. Both papers were previously recognized with Marshall Blume Prizes in Financial Research, awarded annually…Read More

Social Security and Measuring Wealth Inequality

A headshot of a person smiling before a grey background. A caption reads "Discoveries: Sylvain Catherine" Professor Sylvain Catherine and his co-authors Max Miller and Natasha Sarin were named winners of the Dimensional Fund Advisors First Prize from the American Finance Association for their paper, “Social Security and Trends in Wealth Inequality,” published in the Journal of Finance. The award places Professor Catherine among a select…Read More

What Happens When Private Equity Meets 401(k)s?

An image of two people smiling toward the viewer with the caption: "Bilge Yilmaz And Burcu Esmer on Private Equity in Retirement Plans." A new executive order under consideration by the Trump administration could reshape how Americans invest for retirement. But will the presence of private equity in retirement plans benefit investors? The Big Ideas: Expanding 401(k) access to private equity could diversify portfolios and improve long-term outcomes — if implemented with care.…Read More