The Future of Capitalism: Tariffs, Growth & Market Shifts

Two speakers in conversation onstage Joao Gomes, senior vice dean for research, centers and academic initiatives at Wharton, joined a panel at Inc. Founders House to discuss tariffs, immigration, and other risks facing businesses amid recent market shifts. View his conversation with Mike Hofman, editor-in-chief of Inc. Magazine, by watching the video above. Professor Gomes offeredRead More

Itay Goldstein on the Central Bank’s Independence

Itay Goldstein headshot Professor Itay Goldstein, director of the Wharton Initiative on Financial Policy and Regulation, joined CNA News to discuss the growing debate around central bank independence and the potential consequences of political interference in monetary policy. Professor Goldstein provided his insights on LinkedIn: "An independent central bank is essential for long-termRead More

What Shapes Analysts’ Long-Term Forecasts?

A person smiling toward the viewer with text: "Discoveries Marius Guenzel" How do professional forecasters think about a firm’s growth far into the future? Marius Guenzel, assistant professor of finance at the Wharton School, discusses his paper “What Drives Very Long-Run Cash Flow Expectations?” which uncovers the different factors that shape the long-term forecasts that drive valuations. What motivated you toRead More

Time for Offense: Why America Needs Bold Crypto Legislation Now

Text on a network-themed background reads: "Time for Offense: Why America Needs Bold Crypto Legislation Now" by Sarah Hammer. Crypto has the potential to revolutionize finance – streamlining outdated systems like T+2 settlement cycles, reducing payment fees, and expanding access to underserved populations. But to realize this potential, the U.S. must adopt a bold regulatory framework that fosters innovation while maintaining oversight. On the WIFPR blog, Sarah Hammer, executiveRead More

One Year of Discoveries

Sean Myers stands in a sunlit room with hands in his pockets Over the past year, the Discoveries blog has hosted exclusive interviews with Wharton's leading finance faculty. These insightful conversations highlight key insights and research shaping the finance industry, many of these projects having been supported by Wharton's finance research centers. Topics include the nature of growth stocks, international USD holdings,Read More

How Will the Federal Debt Impact Future Generations?

Promotional Graphic for Policies That Work. On October 23, the Wharton School hosted the inaugural Policies that Work event – a series of discussions with leading thinkers from Wharton about the policies that shape America. As the federal debt continues to reach unprecedented levels, it poses profound challenges to economic stability, government spending, and the financialRead More

Discussions on Financial Policy and Regulation

Itay Goldstein headshot The Wharton Initiative on Financial Policy and Regulation (WIFPR) commissions white papers from leading scholars on important topics in financial policy and regulation. Browse the WIFPR white webinars below to hear from experts on topics such as bankruptcy, decentralized exchanges, anti-money laundering, and much more. Rethinking Chapter 11 Bankruptcy ProceedingsRead More

From Algorithms to Alpha: Balancing Technology and Human Expertise

Title graphic with the text, "From Algorithms to Alpha: Balancing Technology and Human Expertise by Sarah Hammer" Below is an installment of the 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. In this installment, Sarah Hammer divesRead More

AI-Powered Collusion in Financial Markets

Itay Goldstein And Winston Wei Dou headshots, with the heading "Discoveries" The use of artificial intelligence in capital markets is becoming more widespread due to its perceived ability to enhance efficiency. But a recent study by Itay Goldstein and Winston Wei Dou, which is part of the Jacobs Levy Center's working paper series on SSRN, demonstrates the ever-present risk of AI-poweredRead 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