Sixty years ago, Congress established a federal pre-approval regime for bank mergers to protect consumers from then-unprecedented consolidation in the banking sector. This process worked well for several decades, but it has since atrophied, producing numerous “too big to fail” banks.
Professor Kress's research contends that regulators’ current approach to evaluating bank merger proposals is poorly suited for modern financial markets. Policymakers and scholars have traditionally focused on a single issue: whether a bank merger would reduce competition. Over the past two decades, however, changes in bank regulation and market structure—including the repeal of interstate banking restrictions and the emergence of nonbank financial service providers—have rendered bank antitrust analysis largely obsolete. As a result, regulators have rubber stamped recent bank mergers, despite evidence that such deals could harm consumers and destabilize financial markets.
Professor Kress's research asserts that contemporary bank merger analysis should instead emphasize statutory factors that regulators have long neglected: whether a proposed merger would increase systemic risks, enhance the public welfare, and strengthen the relevant institutions. Professor Kress's research urges regulators to modernize their approach, and it proposes a novel framework to ensure that bank merger oversight safeguards the financial system. The proposals contained herein have far-reaching implications not only for bank regulation but also for the ongoing debate over merger policy in technology, agriculture, and other industries.
Does Earned Income Tax Credit (EITC) expansion have a positive or negative effect on labor market outcomes and household well being in Washington DC? Hear Dr. Hardy discuss research on how EITC expansions undertaken by the Washington DC affect income and inequality in the city.
A revival of the U.S.-Japan Automotive Conference held annually between 1981 and 1989, USJAC 2.0 will gather industry leaders, policymakers, and scholars from both sides of the Pacific to discuss the past, present, and future of the U.S. and Japanese auto industries, paying particular attention to the issues of trade, management, and technological change. Keynote speaker and panelist announcements forthcoming.
An informal roundtable conversation with Mayor Wade Kapszukiewicz (Ford MPP '96) who will share his experience from Ford School student to current Mayor of the City of Toledo.
Conversations Across Differences,
Policy Talks @ the Ford School
The conversation will consider the opportunities for and obstacles to bipartisan cooperation, while also tackling in thoughtful dialogue some of the most pressing issues currently dividing the two parties.
Sports remains a fascination to millions of Americans but also presents a great range of challenging public policy issues at both the professional and collegiate levels. Please join us for a candid conversation about "Sports in America" with former Los Angeles Dodger General Manager Ned Colletti.
The Ford School’s Michigan Politics and Policy class (PubPol 475/750) will be joined by Chase Cantrell, Executive Director and Founder of Building Community Value for a discussion about the future of Detroit on Weds Oct 31, 2:30pm.
We have moved this class session to the larger Ford School Annenberg Auditorium (1120) so this lecture can be open to the public -- we hope to see you there!
Please join us for a special screening of Michigan Divided, a 48 minute documentary exploring political divisions in the state. A 30 minute interactive audience conversation will follow. The event is part of the Michigan Truth Tour provided by Bridge Magazine. Free and open to the public; RSVP here!
CLOSUP Lecture Series,
Conversations Across Differences,
Policy Talks @ the Ford School
The panel will look at two initiatives on the November 2018 ballot: the Voters Not Politicians initiative to reform redistricting (Proposal 2), and the Promote the Vote initiative to expand voting and registration opportunities (Proposal 3).
Book Talks @ The Ford School,
CLOSUP Lecture Series
Barry Rabe discusses his book Can We Price Carbon? Moderated by John Milewski, Director of Digital Programming; Host and Managing Editor, Wilson Center NOW.
The Economics Department at the University of Michigan will be hosting the fourth H2D2 Research Day on Friday, April 20, 2018. We are pleased to have Amitabh Chandra (Malcolm Wiener Professor of Social Policy and Director of Health Policy Research, Harvard Kennedy School) as our keynote speaker. We intend for this mini-conference to draw both faculty and student attendees from the University of Michigan as well as from the greater mid-west and Canada. The conference will focus on the subfields of health, history, development, demography and family economics, broadly defined.
Wealth is highly correlated between parents and their children; however, little is known about the extent to which these relationships are genetic or determined by environmental factors. We use administrative data on the net wealth of a large sample of Swedish adoptees merged with similar information for their biological and adoptive parents.
CLOSUP Lecture Series,
Policy Talks @ the Ford School
Gerald R. Ford School of Public Policy, Betty Ford Classroom (Room 1110)
A panel discussion around approaches for reducing infant mortality in Michigan. Panelists include Dr. Joneigh Khaldun, Director and Health Officer of the Detroit Health Department, Lynette Biery, Director of the Bureau of Family Services at the Michigan Department of Health and Human Services, and Jaye Clement, Director of Community Health Programs & Strategies at the Henry Ford Health System.
Dr. Gerber and Dr. Shanks will partner to discuss their community-based work and share best practices in building effective relationships as a part of Youth Policy Lab's Brown Bag.
Robin Jacob and A. Foster will discuss how the partnership has developed since initially proposed by WCJC, the challenges involved in beginning such work, and other lessons learned after more than 8 months of partnership.
The objective of the Causal Inference in Education Research Seminar (CIERS) is to engage students and faculty from across the university in conversations around education research using various research methodologies.
Causal Inference in Education Research Seminar (CIERS)
The objective of the Causal Inference in Education Research Seminar (CIERS) is to engage students and faculty from across the university in conversations around education research using various research methodologies.
Causal Inference in Education Research Seminar (CIERS)
The objective of the Causal Inference in Education Research Seminar (CIERS) is to engage students and faculty from across the university in conversations around education research using various research methodologies.