Economics and finance

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Related News

Link to:Justin Wolfers says expansions don’t necessitate recessions as long as there is good policy
Feb 15, 2019
Media outlets continue to search for red flags signaling the next recession, but for Professor Justin Wolfers there’s[...]
Link to:Crying recession: Ford professor Betsey Stevenson urges people to look holistically
Jan 28, 2019
Recent economic conversations have attempted to forecast the widely-anticipated next recession, but when are these[...]
Link to:Deardorff questions the economics of Trump’s border wall and the USMCA
Jan 16, 2019
The “will they or won’t they” question continues to circulate around who, if anyone, will pay for a border wall between[...]
Link to:Ford Professor Betsey Stevenson casts doubt on middle-class gains from federal tax cuts
Jan 11, 2019
In the January 10, 2019 PBS NewsHour story “Evaluating Trump’s economic policies, 2 years in,” Paul Solman asked Ford[...]
Link to:CFLP to research opportunities for shaping central banks of the future to advance a more inclusive economy for the poor
Jan 10, 2019
The University of Michigan’s Gerald R. Ford School of Public Policy has received a grant from the Bill & Melinda[...]

Videos

Related Upcoming Events

Feb
23
On February 23, the Ford School will host graduate students from 14 univerisities to participate in the 2019 NASPAA-Batten Student Simulation Competition. This year’s competition—a partnership between the University of Virginia Frank Batten School of Leadership and Public Policy and the Network of Schools of Public Policy, Affairs, and Administration (NASPAA)—will connect a record 585 students from 11 global host sites including Dhaka, Cairo, Mexico City, and San Francisco to tackle policy issues associated with forced migration through computer-based simulated game play.
8:00 am to 7:30 pm
Feb
23
The Data Privacy and Portability in Financial Technology Symposium celebrates the Michigan Technology Law Review’s 25th Anniversary by hosting an event dedicated to cutting-edge scholarship at the intersection of technology and the law. Specifically, this symposium is designed to examine the inherent tensions between securing privacy rights and the ease at which transactions occur, facilitated by new innovative technologies.
8:30 am to 5:00 pm
Mar
14
CFLP Blue Bag Lunches
Local government fiscal health is typically assessed using objective financial indicators, but little is understood about how local officials subjectively understand their own fiscal health. We compare self-assessment data from the Michigan Public Policy Survey with financial data on Michigan local governments to explore the extent to which self-assessments align with conventional financial indicators. Qualitative results reveal that local officials emphasize long-term spending pressures (e.g. roads, infrastructure) and external factors, such as uncertainty around property values and state aid (i.e. revenue sharing) payments, when assessing their fiscal health. Quantitative results provide some corroborating evidence, but in general, conventional indicators are not powerful predictors of self-assessments, especially for high-stress governments. We believe that part of the disparity is that financial indicators do a poor job of capturing what local officials say they are most worried about. We suggest that self-assessments may be a useful supplement to conventional measures in capturing “true” fiscal health.
12:00 pm to 1:00 pm

Related Past Events

Feb
07
CFLP Blue Bag Lunches
Governments have increasingly relied on exchange rate stabilization policies, specifically intervention operations in currency markets and capital controls, to offset external shocks. The focus on exchange rate stabilization is not limited to countries with pegged exchange rate regimes. Indeed, a number of countries that currently actively intervene in currency markets self-describe as floaters. The U.S. has responded by raising concerns that these policies amount to currency manipulation. Article IV of the IMF Articles of Agreement requires that members “avoid manipulating exchange rates” in order to gain an unfair competitive advantage over other members. Separately (since 1989) the U.S. Treasury must report to Congress biannually regarding whether individual trading partners are manipulating currencies for unfair advantage. This talk will examine both the theoretical underpinning and empirical evidence on currency intervention and manipulation, with the goal of better understanding when exchange rate stabilization is effective from the point of view of domestic policy-makers and when it should be considered manipulative from a global perspective.
2019 - 12:00 pm to 1:00 pm
Jan
29
CLOSUP Lecture Series
This webinar on January 29, 2019 was jointly hosted by CLOSUP and the Michigan Municipal League. The webinar features Professor Manny Teodoro from Texas A&M University, speaking on water and sewer system finance and policy, including how to measure affordability, and policy options for rate structures and related issues.
2019 - 9:30 am to 11:00 am
Jan
17
CFLP Blue Bag Lunches
The massive dollar amounts associated with student loan debt and the impact on individuals and the financial stability of the overall economy has attracted the attention of journalists, economists, and average Americans. There are, however, several myths associated with these eye-popping numbers, and Susan Dynarski, Professor of public policy, education and economics will discuss a few of these myths in our January Blue Bag Lunch Talk. For example, in a recent paper for Brookings , "The Trouble with Student Loans? Low Earnings, Not High Debt," Professor Dynarski debunks the popular notion that more student debt leads to higher student loan default rates. In fact, research shows that default rates are highest among individuals with smaller loan balances. Students borrowing under $5,000 default at a rate of 34 percent, compared to 18 percent for those borrowing more than $100,000. Among policy proposals advocated by Professor Dynarski to address the student loan crisis is to automatically enroll borrowers who are late on payments in income-based repayment, or adjust loan payments each pay period, similar to the current income-tax withholding system.
2019 - 12:00 pm to 1:00 pm
Dec
06
Economic Development Seminar
Yususf Neggers will discuss about How Small Search Frictions Impact Bureaucratic Efficiency.
2018 - 4:00 pm to 5:30 pm
Nov
15
Keynote address by Hon. Robert K. Rae, Munk School of Global Affairs and Public Policy Organized by Munk School of[...]
2018 - 5:30 pm to 8:00 pm

Related Faculty/Staff

Photo of Heather Alemu
Business Intelligence Analyst
Email:
hamptonh@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-0421
Photo of Michael Barr
Joan and Sanford Weill Dean of Public Policy, Frank Murphy Collegiate Professor of Public Policy, Roy F. and Jean Humphrey Proffitt Professor of Law
Email:
msbarr@umich.edu
Location: 
Weill Hall
Phone: 
(734) 763-2258
Visiting Professor
Email:
celestca@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6990
Edward M Gramlich Collegiate Professor of Public Policy, and Professor of Economics, College of Literature, Science, and the Arts
Email:
smcol@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6832
image of paul courant
Harold T. Shapiro Collegiate Professor of Public Policy; Arthur F. Thurnau Professor; Professor of Public Policy; Professor of Economics; Professor of Information
Email:
pnc@umich.edu
Location: 
Weill Hall
Phone: 
(734) 763-2499
image of alan deardorff
John W. Sweetland Professor of International Economics; Professor of Public Policy
Email:
alandear@umich.edu
Location: 
Weill Hall
Phone: 
(734) 764-6817
Photo of John DiNardo
In memorium Professor of Public Policy
Email:
jdinardo@umich.edu
Location: 
Weill Hall
Phone: 
(734) 647-7843
Photo of Kathryn Dominguez
Professor of Public Policy; Professor of Economics
Email:
kathrynd@umich.edu
Location: 
Weill Hall
Phone: 
(734) 764-9498
Photo of Susan Dynarski
Professor of Public Policy; Professor of Education; Professor of Economics
Email:
dynarski@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-5113
Photo of Robert Hampshire
Associate Professor of Public Policy
Email:
hamp@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6975
Photo of Jon Hanson
Lecturer in Statistics for Public Policy
Email:
jkhanson@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-1496
image of catherine hausman
Assistant Professor of Public Policy
Email:
chausman@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6951
Assistant Professor of Public Policy; Assistant Professor of Economics
Email:
hausmanj@umich.edu
Location: 
Weill Hall
Phone: 
(734) 763-3479
Walter H. Annenberg Professor of Education Policy; Professor of Public Policy; Professor of Economics; Professor of Education
Email:
bajacob@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6994
Photo of Valenta Kabo
Lecturer III
Email:
vhardima@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6975
Lecturer in Public Policy
Email:
amkerner@umich.edu
Location: 
Weill Hall
Phone: 
(734) 764-9502
Gail Wilensky Professor of Applied Economics and Public Policy
Email:
aekowals@umich.edu
Photo of John Leahy
Allen Sinai Professor of Macroeconomics; Professor of Economics; Professor of Public Policy
Email:
jvleahy@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6895
Stephanie Leiser
Lecturer in Public Policy
Email:
schmidts@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-3890
image of helen levy
Research Professor
Email:
hlevy@umich.edu
Location: 
Weill Hall
Phone: 
(734) 615-6951

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