Faculty and student research is concentrated in several broad areas: industrial organization and regulation, urban economics and real estate, finance, international industrial development, and political economy.
In the second year of study, students begin preparing an original research paper. This research can cut across several departments and research centers within Penn.
Representative Publications
Names in bold type indicate authors who were Wharton doctoral students at the time of publication.
Bruce Allen, "Alternative Methods for Estimating State Welfare Gains from Economic Deregulation of Intrastate Motor Freight Carriage: A Comparison of Results." The Transportation Journal 44(1): 45-61, Winter 2005.
Howard Pack with Kamal Saggi, "The Case for Industrial Policy: A Critical Survey." World Bank Research Observer 2006.
Janet Pack. Introductory Chapter: "Metropolitan Development: Patterns, Problems, Causes, Policy Proposals," in the Sunbelt/Frostbelt: Public Policies and Market Forces in Metropolitan Development, Janet Pack, ed., (Brookings Institution Press, 2005), pp. 1-25.
Katja Seim, "An Empirical Model of Firm Entry with Endogenous Product-Type Choices." RAND Journal of Economics 37(3), 2006.
Joel Waldfogel with L. Chen, "Does Information Undermine Brand? Information Intermediary Use and Preference for Branded Web Retailers." Journal of Industrial Economics, 2006.
Justin Wolfers joint with Betsey Stevenson, "Marriage and Divorce: Changes and their Driving Forces." Journal of Economic Perspectives 21(2): 27-52, Spring 2007.
Matt White with Peter C. Reiss, "Household Electricity Demand, Revisited." Review of Economic Studies 72, 853-883, July 2005.
Michael Gottfried and Erica Johnson, "Solicitation and Donation: An Econometric Evaluation of Alumni Generosity in Higher Education." International Journal of Educational Advancement 6(4), 2006.
Olivia S. Mitchell, , John Phillips, and Andrew Au, "Lifetime Earnings Variability and Retirement Shortfalls." in Retirement Provision in Scary Markets. Ed. H. Bateman. Cheltenham, UK: Edward Elgar, 2007:78-99.
Kent Smetters and Jane Gravelle, "Does the Open Economy Assumption Really Mean That Labor Bears the Burden of a Capital Income Tax?." Advances in Economic Analysis & Policy Vol. 6 : Iss. 1, Article 3, 2006.
Kent Smetters, "Sharing Financial Risks across Non-Trading Generations: A Decentralized Alternative to Government Ownership of Private Equities" Journal of Monetary Economics, 53 (7), 2006.
Olivia S. Mitchell, Alexander Muermann, and Jacqueline M. Volkman, "Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes," Insurance: Mathematics and Economics, 39:2, p. 219-229, 2006.
Todd Sinai and Nicholas Souleles, "Owner Occupied Housing as a Hedge Against Rent Risk," Quarterly Journal of Economics, vol. 120, number 2, pp. 763-789, 2005.
Joseph Gyourko, Christopher Mayer and Todd Sinai, "Superstar Cities," NBER Working Papers 12355, National Bureau of Economic Research, Inc., 2006.
Albert Saiz, "Room in the Kitchen for the Melting Pot: Immigration and Rental Prices," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 502-521, May 2003.
Grace Wong, 2006. "Has Sars Infected the Housing Market? Evidence from Hong Kong," Journal of Urban Economics, forthcoming.
Fernando Ferreira, Patrick Bayer and Robert McMillan, "A Unified Framework for Measuring Preferences for Schools and Neighborhoods," Journal of Political Economy, 115(4), pp: 588-638, 2007.