Economics and finance | Gerald R. Ford School of Public Policy
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Economics and finance

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In the Media

State inflation relief checks are not a stimulus, says Hausman

Jul 6, 2022 NPR Marketplace
A dozen states are providing tax rebates to residents who qualify. Professor Joshua Hausman told NPR Marketplace they are designed to help people deal with rising prices, not stimulate the economy. “This is not a good idea if you care about...
Joshua Hausman
News

Schwarz and Hills comment on Kellogg HQ move

Jun 26, 2022
Kellogg Company announced plans to split into three separate companies focused on cereal, plant-based foods and snacks, with the snacks company moving headquarters from Battle Creek to Chicago. The other divisions will remain based in...
Headshots of John "Joe" Schwarz and Gerald "Rusty" Hills
In the Media

Nothaft proscribes changes in Michigan auto insurance reform

Jun 26, 2022 Click On Detroit
In the three years since Michigan reformed its auto insurance laws, rates have remained high, and people are asking, "Did it do what was promised?" Amanda Nothaft from Poverty Solutions outlined three changes necessary for further change to Click...
Poverty Solutions informal logo on a blue background
In the Media

Gas tax break may not reduce prices - Stevenson

Jun 26, 2022 The New York Times
As the Biden administration considers a holiday on the federal gas tax, an opinion piece in The New York Times says the move may not actually lead to a price reduction at the pump. It states, "By the iron law of supply and demand, if the demand...
Betsey Stevenson
In the Media

Rabe on curbing high gas prices

Jun 16, 2022 Time
This week, President Biden called on U.S. oil refiners to ramp up production to meet the growing demand for gas and rising prices at the pump. In a Time interview, Ford School professor Barry Rabe says he is "struck by the lack of appetite in either...
Headshot of Barry Rabe
In the Media

Dominguez: Some positives in weakened dollar

Jun 12, 2022 China Daily
A recent panel of the Hutchins Center on Fiscal & Monetary Policy and the Brookings Institution featuring Ford School professor Kathryn Dominguez examined the potential softening of the U.S. dollar as the world's dominant currency. The China Daily...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
Publication

States can take advantage of energy price hikes - Raimi

Jun 12, 2022
While high energy prices are hurting consumers, there are ways in which state governments can benefit from the spikes to create more resilient communities in the long-term, Ford School lecturer Daniel Raimi writes in Resources. “For some states,...
Headshot of Daniel Raimi
In the Media

Catherine Hausman on the cost of soaring gas prices

Jun 10, 2022 Bloomberg
"There's very little the administration or Congress can do on gasoline prices. This is part of a world market. This is just basic supply and demand." Catherine Hausman discusses how high gas prices affect Europe's energy market and U.S. climate...
Headshot of Catherine Hausman
News

DNEP +ISLB intern, Samantha Lang, shares experience

Jun 1, 2022
Throughout my life, I never thought of myself as a numbers person. Yet, with my goal being to pursue consulting after I receive my Bachelor of Arts in Public Policy from the Ford School, I knew I wanted (and needed) to improve that “not a numbers...
Samantha Lang
State & Hill

Discourse: Ford School faculty in the news, spring 2022

May 31, 2022
“(Putin) has already violated every international treaty, including the U.N. charter, by invading. This has international implications, not just European implications. Now, the question of what we do and how we do it, with regards to sanctions or...
Headshots of Melvyn Levitsky, Brian Jacob, Natasha Pilkauskas, Katherine Michelmore, Justin Wolfers, and Barry Rae
State & Hill

Faculty findings, spring 2022

May 31, 2022
Economic and social impact of religious festivals In Mexico, “patron saint day” festivals are often local public holidays and involve substantial financial expenditures by households and governments. Festival dates vary greatly across localities:...
Photo, from above, of a patron saint festival in Mexico. A dense parade of people and brightly colored parade floats make their way down a local street.
In the Media

Wolfers says recession worries are overstated

May 12, 2022 ABC Australia
The inflation rate in April in the U.S. was 8.3%, slightly down from the previous month. As the Fed addresses the issue, there is worry that stringent measures could cause a recession. Speaking to ABC Australia, Ford School professor Justin Wolfers...
Justin Wolfers
In the Media

Leiser comments on state disinvestment in local government

May 9, 2022 Michigan Radio
Michigan Radio reports that disinvestment in Michigan's local governments has had a direct effect on the deterioration of basic infrastructure, especially water and sewage systems. Stephanie Leiser, who leads the Michigan Local Government Fiscal...
Headshot of Stephanie Leiser
News

Wolfers and Stevenson comment on jobs and inflation

May 6, 2022
Inflation has been as high as 8.5% in recent months, and despite other positive economic factors, CNN reports that President Joe Biden may be “close to the point of no return with Americans on the economy.” Ford School economics professor Justin...
Betsey Stevenson and Justin Wolfers