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

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In the Media

Wolfers discusses state of the economy

Feb 8, 2022 WDET
Justin Wolfers, professor of public policy and economics, recently appeared on WDET to talk about the economy, inflation, and jobs.  "People are complaining about rising prices and inflation. That’s their concern right now. It’s not about jobs,"...
News

Stevenson weighs in on January jobs report

Feb 6, 2022
The January jobs report revealed strong employment gains, with 467,000 jobs added in January. Betsey Stevenson, professor of public policy and economics, analyzed the report for numerous media outlets. The jobgains occurred in the midst of a...
In the Media

Not all Americans included in economic recovery - Wolfers

Feb 6, 2022 Los Angeles Times
The latest jobs report reflects a strong, recovering economy. But, Justin Wolfers, professor of public policy and economics, explained that not all Americans are feeling the effects of recovery.  "A lot of people, particularly older people, have...
In the Media

Wileden discusses Detroit's unchanged unemployment rate

Feb 4, 2022 WXYZ Detroit
In a recent interview with WXYZ, Lydia Wileden, PhD candidate and research associate on the Detroit Metro Area Communities Study, answered questions about Detroit's unemployment rate, which has stayed at 20% over the last year.  "We do see that a...
News

Detroit unemployment rate sits at 20%

Feb 3, 2022
Detroit’s unemployment rate—the proportion of adults who are in the labor force but not currently employed—remains at 20%, virtually unchanged over the course of 2021, according to a new University of Michigan survey.  This is less than half the...
News

Stevenson discusses the Great Resignation and inflation

Feb 1, 2022
Betsey Stevenson, professor of public policy and economics, recently talked to Al Jazeera about the Great Resignation – the phenomenon of millions of Americans voluntarily leaving their jobs. She explained what's going on behind the...
In the Media

Cooney highlights impact of expired Child Tax Credit

Feb 1, 2022 CNN
With COVID-19 still affecting the economy and people's finances, experts have seen food hardship increase across the country recently, rising faster in households without children. Patrick Cooney, assistant director of the Detroit Partnership on...
In the Media

Udow-Phillips weighs in on Beaumont-Spectrum merger

Feb 1, 2022 Bridge Michigan
Following the merger of Beaumont Health and Spectrum Health, patients are wondering if their costs will rise. Marianne Udow-Phillips, lecturer in public policy, discussed the merger. “We certainly know what they've said publicly — that from a...
News

Shaefer joins Detroit mayor to assist with tax credit claims

Jan 31, 2022
 The City of Detroit is working with several organizations to continue its annual push to encourage Detroiters to file their taxes and claim their refunds. This year, with both the expanded Child Tax Credit and the increased refunds from the State...
News

Stevenson predicts change in household division of labor

Jan 27, 2022
How do assumed roles in parenting affect the gender pay gap? Betsey Stevenson, professor of public policy and economics, told The Boston Globe that childcare often falls on the mother, impacting wages and compensation. “Women seem to be a little...
News

Harris confirmed as NY Superintendent of Financial Services

Jan 25, 2022
The New York State Senate recently approved Adrienne Harris, professor of practice at the Ford School, as Superintendent of the New York State Department of Financial Services (DFS). “I thank Governor Hochul for my nomination. I thank the New...
In the Media

Hausman discusses COVID-19 economy

Jan 24, 2022 CBS News
Two years after COVID-19 was discovered in the U.S., the country is still grappling with the virus and its effects. Joshua Hausman, associate professor of public policy and economics, discussed the impact of the virus on different...
News

Stevenson provides insight on COVID-19 economy

Jan 21, 2022
The recession caused by the COVID-19 pandemic hit employment in the service sector hardest, and the workforce is still feeling the effects,  Betsey Stevenson, professor of economics and public policy, told Mother Jones , "The pandemic created a...
In the Media

Wolfers discusses inflation panic and Fed response

Jan 17, 2022 CNN Business
As consumer prices rise, some Americans panic that inflation will continue unabated. With its new interet rate policy, some are wondering if the Federal Reserve made a  mistake. Justin Wolfers, professor of public policy and economics, has faith in...
In the Media

Michelmore comments on the end of Child Tax Credit

Jan 14, 2022 AP News
The Child Tax Credit extension—hailed as a successful anti-poverty measure—expired this week, leaving parents without a source of income that they've depended on during the pandemic. Katherine Michelmore, associate professor of public policy,...
News

2022 Riecker Michigan Delegation Fellows named

Jan 13, 2022
The 2022 winter semester will look a little bit different for two second-year Ford School graduate students. Bethany Haddad (MPP ‘22) and Kate Randall (MPP ‘22), were selected from a very competitive pool of applicants for the prestigious Riecker...
Publication

Student questions fuel productive change - Stevenson

Jan 12, 2022
How can professors encourage students to question them? In a recent article, “Sparking Student Curiosity,” Betsey Stevenson, professor of public policy and economics, lays out her philosophy on teaching and guiding critical thinking. Since they...
News

Stevenson named to the National Academy of Social Insurance

Jan 12, 2022
Recognizing her outstanding contributions to social insurance and related policy areas, the National Academy of Social Insurance (NASI) has approved the election of Betsey Stevenson, professor of public policy and economics, to the Academy. She is...
In the Media

Stevenson discusses job report calculations

Jan 10, 2022 CNBC
Recent government job reports have consistently undercounted the number of jobs created. Revisions are made regularly pushing those numbers up. Betsey Stevenson, professor of public policy and economics, explained how she estimates total jobs...
In the Media

Stevenson breaks down the state of the economy

Jan 7, 2022 Marketplace
Betsey Stevenson, professor of public policy and economics, sat down with Marketplace to discuss the state of the economy.  “People have a harder time putting rising prices in the context of the broader economy,” she said. “(But) when a company...
News

Stevenson's end-of year commentary on the economy

Jan 3, 2022
Ford School economics professor Betsey Stevenson saw resilience in the U.S. economy at the end of 2021, despite lingering problems for some segments of the population like caregivers.  Speaking with Yahoo! Finance, she said the economy had...
In the Media

Wolfers argues Build Back Better is not inflationary

Dec 23, 2021 CNN
When West Virginia Senator Joe Manchin (D) announced he could not support the Biden administration's Build Back Better plan, one of the reasons he cited was the inflationary effect an injection of $2 trillion could have on the economy. Ford School...
In the Media

Stevenson discusses Federal Reserve policy

Dec 15, 2021 Bloomberg
Following the Federal Reserve's announcement, Betsey Stevenson, professor of public policy and economics, appeared on Bloomberg's "Sound On" podcast to discuss monetary policy changes. "The Fed did exactly what everyone expected them to do today,...