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Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania. The site, which is free, captures relevant knowledge generated at Wharton and beyond by offering articles and videos based on research, conferences, speakers, books and interviews with faculty and other experts on global business topics.

Are guaranteed payments to every citizen a solution to the widening wealth gap or a detriment to the long-term health of the economy? A pilot program in Stockton, California, is aiming to find some answers.


Tags: business/business news, business news, business

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Low interest rates and rising demand from millennials should bolster the market in the year ahead, even while housing supply continues to run short, say experts.
Superstition-driven investment behavior is often responsible for the high volatility in stock prices, according to new Wharton research.
The Fed and other central bankers need to revisit quantitative easing strategies to achieve a broad-based impact and incentivize business investments, according to new Wharton research.
Using strong-arm negotiation tactics may get you a good deal, but doing so could also harm your long-term working relationship with the other party, leaving you worse off, according to Wharton research.
The traditional education ecosystem needs a mindset change to prepare for the new imperative of lifelong learning, says Infosys President Ravi Kumar.
Reduced central bank liquidity injections, higher asset prices and increased volatility are some of the risks investors face in the year ahead, according to Allianz’s Mohamed El-Erian and Wharton’s Jeremy Siegel.
India’s economic engine is sputtering. The Modi government needs to focus single-mindedly on getting the economy back on track, says Duvvuri Subbarao, former governor of the Reserve Bank of India.
New Wharton research shows that when people are trying to solve problems, the most effective team discussions happen when participants know what they know – and what they don’t.
U.S. presidential candidate Elizabeth Warren’s plan to tax the ultra-rich could raise much less revenue than projected while also depressing GDP and wages, according to a Penn Wharton Budget Model study.
New research by Wharton’s Behavior Change for Good Initiative shows that while offering advice benefits the receiver, it also boosts the giver’s self- confidence.
Looking back 30 years, research co-authored by Wharton’s Nikolai Roussanov finds a cyclical pattern of refinancing prior to recessionary periods.
Corporate social responsibility (CSR) and sustainability need to be strategic in order to benefit firms and society, says C. B. Bhattacharya, author of 'Small Actions, Big Difference.'
Wade Pfau, author of 'Safety-First Retirement Planning,' suggests focusing on four Ls -- lifestyle, longevity, legacy and liquidity.
Free shipping is great for shoppers, but it’s becoming an increasingly significant cost for online sellers. Wharton’s Barbara Kahn and Ron Berman discuss the free-shipping conundrum faced by retailers large and small.
An ethically sound health care system requires limits on the private sector, says Wharton's Robert Hughes.
Uber’s latest skirmish with London regulators, which cost the company its license to operate in one of its most lucrative markets, is the result of a flawed culture, Wharton experts say.
New research from Wharton's Daniel Kim shows that employees of acquired companies are more likely to leave the merged firm than regular hires with similar resumes.
Machine learning algorithms don’t have a moral character. We need to know how to specify what we want, say Michael Kearns and Aaron Roth, co-authors of 'The Ethical Algorithm.'
A new publication from Penn’s Center for High Impact Philanthropy offers a framework for strengthening democracy in an effort to reverse some troubling trends.