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This Week in Business
Panel Discussion: Understanding the Relationship Between Medicaid Expansions and Hospital Closures
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A new study shows that the expansion of Medicaid keeps rural hospitals from closing in states like Colorado, which added some four hundred thousand people to their program. Thirty two states expanded Medicaid under the Affordable Care Act, not only cutting the the uninsured by huge margins but making hospitals six times more likely to keep open with the increase in insured patients. Host Dan Loney talks with Richard Lindrooth and Gregory Tung, Authors of the study and Professors in the Department of Health Systems, Management and Policy in the University of Colorado's Colorado School of Public Health, and Robert Field, Lecturer at The Wharton School and Professor of Law at Drexel University, to discuss the study's findings and how they may play into the future of Medicaid on Knowledge@Wharton.
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12:36|Courtney Wiegand, Wharton Assistant Professor of Finance, explains her research on how fiscal policy shocks and shifting deficit expectations affect bond markets, inflation, monetary policy interactions, and the long-term implications of congressional budget decisions for financial markets.
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14:57|Stefano Puntoni, Wharton Marketing Professor, discusses the biggest AI developments of the past year, including advances in model capabilities, the emergence of AI agents, growing enterprise investment, regulatory considerations, and the technology’s potential impact on business, consumers, and society.
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12:20|Jeremy Siegel, Wharton Emeritus Professor of Finance and Chief Economist at WisdomTree, examines the market rally fueled by AI stocks, the economic impact of rising oil prices and tensions with Iran, the outlook for Federal Reserve policy under Kevin Warsh, and the mixed legacy of Fed Chair Jerome Powell.
Federal Reserve Leadership Transition Amid Economic and Political Pressures
10:57|Patrick Harker, Wharton Professor of Operations, Information, and Decisions, and former President of the Philadelphia Federal Reserve Bank, reflects on Jerome Powell’s tenure leading the Federal Reserve through the pandemic, inflation concerns, and political pressure, while also examining what Kevin Warsh’s leadership could mean for monetary policy, Fed independence, and the U.S. economy moving forward.