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

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State & Hill

Faculty findings, fall 2021

Dec 13, 2021
Who would pay if we stop using natural gas? New research co-authored by economist Catherine Hausman considers the equity impacts of transitioning from natural gas to other energy sources. According to the U.S. Energy Information...
Yellow gas pipes in natural gas treatment plant
In the Media

Josh Hausman explains how COVID has broken the economy

Dec 10, 2021 The Atlantic
With his opinion article in The Atlantic, Josh Hausman, associate professor of public policy and economics, suggests high inflation rates may last for years. He describes the reasons behind inflation—including a consumer shift from services to...
Joshua Hausman
In the Media

Tompkins-Stange on Bloomberg's push to expand charter schools

Dec 10, 2021 Chalkbeat
Megan Tompkins-Stange, who studies philanthropic investments in education, calls former NYC Mayor Michael Bloomberg's $750 million push to expand charter schools "unprecedented." But charter schools face fierce political opposition. "Bloomberg...
Megan Tompkins-Stange
In the Media

Stevenson and Wolfers on 'The Great Reallocation'

Dec 8, 2021 The New York Times
Writing in The New York Times, Betsey Stevenson and Justin Wolfers shared their views on what the future of work looks like in 2022—an economic upheaval they call "The Great Reallocation"—which just may lead to a more humane labor market. They...
Betsey Stevenson and Justin Wolfers
News

Stevenson fields questions regarding supply chain, labor market

Dec 5, 2021
With holiday shopping upon us, the supply chain has been experiencing even more difficulties. But, Betsey Stevenson, professor of public policy and economics, say that the issues should be worked out soon. "It's definitely getting a lot better....
Betsey Stevenson
News

Wolfers provides analysis on jobs, inflation

Dec 5, 2021
As the omicron variant spreads, the impact it will have on the fragile economic recovery remains uncertain. Justin Wolfers, professor of public policy and economics, talked to numerous media outlets about economic recovery, the jobs report, and...
Justin Wolfers
News

Wolfers breaks down jobs report in NYT op-ed

Dec 3, 2021
Following the release of the November jobs report, Justin Wolfers, professor of public policy and economics, broke down what it means in an op-ed in The New York Times.  "This chill in employment might lead one to conclude the economy’s too cold,...
Photo of Justin Wolfers
News

Lawmakers seek out U-M faculty for expertise on various topics

Dec 1, 2021
Federal lawmakers continue to seek out University of Michigan faculty members to lend their expertise and knowledge to help inform federal policy. In the last year, 13 U-M faculty members and researchers testified at 14 congressional hearings...
U.S. capitol
In the Media

Build Back Better will increase inflation - Leahy

Nov 28, 2021 PolitiFact
As a debate over the impact of President Joe Biden's Build Back Better bill continues, John Leahy, professor of public policy and economics, discussed the economics of the bill. "Inflation is the result of too much demand chasing too little...
Headshot of John Leahy
News

Stevenson on Build Back Better, inflation, and unemployment

Nov 28, 2021
Betsey Stevenson countered arguments against President Biden’s Build Back Better legislation as the bill passed the House and moved into the Senate. “There is just absolute historic investment in childcare that is really going to benefit so many...
Photo of Betsey Stevenson leading a class
News

Stevenson discusses labor market recovery

Nov 17, 2021
Betsy Stevenson offered insights on the labor market and the road to post-pandemic recovery.  Talking about cash assistance programs during the pandemic with Slate, Stevenson said, “We made people better off by giving them money, and I know...
Photo of Betsey Stevenson leading a class
In the Media

COP26 agreements not enough, says Haverkamp

Nov 11, 2021 Folha de S.Paulo
Jennifer Haverkamp sat down with Brazilian daily Folha de S.Paulo in a lengthy interview to unpack international commitments to climate reform.  In an assessment of the COP26, she said, "It's valuable to see how many world leaders went to the...
Jennifer Haverkamp
In the Media

Hausman on U.S. reliance on emerging technologies in push for net-zero

Nov 11, 2021 Inside Climate News
"We are generally very bad at knowing which technologies are going to get cheaper and which technologies are not," Catherine Hausman told Inside Climate News, in response to President Biden's plan for getting to net-zero emissions by 2050. The plan...
Catherine Hausman
News

Stevenson reflects on the repercussions of COVID-19

Nov 4, 2021
Betsy Stevenson observed key economic indicators and the continuing effects of COVID-19 this week.  At Wednesday’s CNBC Workforce Executive Council Summit, she said, “People seem to be fed up and leaving work...There are a lot of different things...
Betsey Stevenson
News

Jenna Bednar featured in new documentary film

Nov 1, 2021
A new award-winning documentary film, “Solutions,” made its U.S. debut at the United Nations Association Film Festival on October 31. Jenna Bednar, professor of public policy and political science, is one of 20 experts featured to "examine the...
Jenna Bednar
In the Media

Stevenson optimistic in the face of inflation worries

Oct 27, 2021 Colloquy
In the face of rising inflation and sub-par job growth, Ford School professor Betsey Stevenson is optimistic that the U.S. economy can recover the from the recession and chaos caused by the COVID-19 pandemic. She told the podcast Colloquy,...
Betsey Stevenson
News

Stevenson on why the economy is waiting for workers

Oct 20, 2021
As the economy recovers, workers are holding out for better compensation and benefits.  “It’s like the whole country is in some kind of union renegotiation,” Betsey Stevenson told the New York Times. “I don’t know who’s going to win in this...
Betsey Stevenson
Publication

Latino Michiganders: Key findings from U-M Poverty Solutions

Oct 15, 2021
ANN ARBOR—As National Hispanic Heritage Month, which celebrates the culture and contributions of Latinos in the U.S., comes to a close, Poverty Solutions at the University of Michigan highlights key data from its research that relates to Latinos...
Detroit photo
News

Stevenson breaks down September jobs report

Oct 14, 2021
The September jobs report did not reveal things that economists, including Betsey Stevenson, were hoping to see. "If you look at this report, it’s very clear that it’s delta that’s holding it back. We saw the highest number of people working...
Betsey Stevenson
In the Media

Stevenson dissects September Jobs Report

Oct 8, 2021 Moody's Talks
Today, Betsey Stevenson, professor of public policy and economics, appeared on Moody's Talks: Inside Economics to discuss the September jobs report.  "If you turn to the employment report, it wasn’t that stark, but you still see the same pattern....
Betsey Stevenson