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

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In the Media

Study paints grim picture for homeless Detroit students

Aug 24, 2021 Detroit Free Press
A new analysis released by Poverty Solutions paints a grim picture about homeless students in Detroit. It shows that they are more likely to miss school on a regular basis, less likely to graduate, suspended or expelled at higher rates than other...
In the Media

Workers playing musical chairs, says Stevenson

Aug 23, 2021 NPR
While employers are finding it difficult to find workers, economist Betsey Stevenson told NPR she is not concerned. “There is just more churn than normal,” says Stevenson. “It’s like a giant game of musical chairs, and it’s taking everyone longer...
In the Media

'A traumatically impacted economy' -Stevenson

Aug 16, 2021 Newsweek Mexico
The economy has "been traumatically impacted" from the pandemic, says Betsey Stevenson. "I don't think it would have been possible to imagine something like this, a situation in which people simply had to stop going to work for their own health...
In the Media

Farley explains decrease in Michigan population

Aug 16, 2021 Michigan Radio
The state of Michigan has again seen a population decrease following the release of the 2020 census, resulting in a loss of another congressional district. Reynolds Farley, research scientist at the Population Studies Center and a lecturer at the...
In the Media

Hausman breaks down how the EU's carbon border tax will work on NPR

Aug 11, 2021 NPR Here & Now
The world watches as the European Union implements a carbon border tax, wondering if it will help cut down global carbon emissions. Catherine Hausman, associate professor of public policy, discusses the leakage problem, charging for pollution, and...
In the Media

More older workers exiting the labor market, says Stevenson

Aug 10, 2021 Bloomberg
The U.S. labor force continues to evolve as the economy recovers from the COVID-19 pandemic. Betsey Stevenson, professor of public policy and economics, explained how and why it has transformed in a recent Bloomberg interview. "We saw labor force...
News

What's next in a post-pandemic economy? - Stevenson

Aug 3, 2021
As the economy and world attempts to return to normal with the help of the COVID-19 vaccine, a new normal -- from social norms to remote work -- is emerging. Betsey Stevenson, professor of public policy and economics, recently spoke with Project...
In the Media

Hausman comments on Olympic host nation spending

Aug 1, 2021 MoneyTransfers.com
The spotlight on the Tokyo Olympics has again raised the debate of whether the enormous amounts spent to host them actually give a return to the host nation economy. Ford School professor Josh Hausman said the effect on a country's GDP can depend on...
In the Media

Stevenson insists not to be afraid of inflation

Jul 29, 2021 Marketplace
With inflation running higher than it ever has in a decade, some Americans are worried about the effects it could have on the economy. But Betsey Stevenson, professor of public policy and economics, says not to worry. "People think that inflation...
In the Media

Stevenson explains boom in low-wage labor demand

Jul 20, 2021 The New York Times
As the economy recovers from the COVID-19 pandemic, demand for low-wage labor has spiked, and along with it, wages. Betsey Stevenson, professor of public policy and economics, laid out exactly what is happening in the economy. “What’s happening...
In the Media

Shaefer on why Child Tax Credit program will work

Jul 19, 2021 The New York Times
Last week, the first installment of the expanded Child Tax Credit program dropped into bank accounts. Many experts, including Luke Shaefer, Hermann and Amalie Kohn Professor of Social Justice and Social Policy and inaugural director of Poverty...
In the Media

Hausman ponders U.S. inflation

Jul 15, 2021 The New York Times
As Japan's economy sputters and amid worries in the U.S. about inflation, an article in The New York Times wonders if low inflation is a quagmire. Ford School economics associate professor Joshua Hausman wonders if the Fed can intervene to avoid...
In the Media

Shaefer salutes arrival of first expanded child tax credit funds

Jul 13, 2021 WXYZ Detroit
Checks for the recently expanded child tax credit program will be sent out this week. Luke Shaefer, the Hermann and Amalie Kohn Professor of Social Justice and Social Policy, associate dean for research and policy engagement, and director of Poverty...
In the Media

Wolfers comments on work-from-home productivity

Jul 12, 2021 The Sydney Morning Herald
As the world adjusts to what life will look like as the pandemic ebbs, one key question is whether the work-from-home trend will continue. Justin Wolfers, professor of public policy and economics, said that workers are more productive at home,...
News

Stevenson marks the 'Age of (Re)Discovery'

Jul 11, 2021
As economists realize that the world has entered a new economic era, Foreign Policy asked 13 economists to name and identify this new era. Among them was Betsey Stevenson, Ford School professor of public policy and economics. She named the new era...
In the Media

Young describes changing relationship between work and technology

Jul 11, 2021 WDIV Local 4
The pandemic has left many anxious about what the future of work looks like. Alford Young, courtesy faculty at the Ford School, Arthur F. Thurnau Professor in the Department of Sociology and a professor of African and African American studies,...
In the Media

Shaefer breaks down impact of expanded Child Tax Credit

Jul 11, 2021 The Detroit News
Government officials are currently trying to spread the word about the recently expanded Child Tax Credit program so that it can reach the maximum number of eligible people. Luke Shaefer, associate dean for research and policy engagement and...
In the Media

Pandemic has changed employer perceptions, says Stevenson

Jul 8, 2021 Marketplace
Since the pandemic forced many workers to take an employment break, Betsey Stevenson, professor of public policy and economics, says that employers may have more understanding when it comes to gaps in resumes and the benefits of workplace...
In the Media

Stevenson explains 'double-whammy' for low-income households

Jul 6, 2021 CNN Business
Lower-income students are already more likely to be behind in school than their higher-income peers, but the COVID-19 pandemic worsened that gap. Betsey Stevenson, professor of public policy and economics, explained how the pandemic hit lower-income...
In the Media

Dynarski testifies on tax reform

Jun 30, 2021 Inside Higher Ed
On Tuesday, Susan Dynarski, professor of public policy, education and economics, testified before the House Ways and Means Committee on how current tax benefits aren't reaching the students they are meant to help. “The education tax benefits...
News

Applying academic skills to real-world business challenges

Jun 29, 2021
Small businesses in Detroit, as across the country, have had to make major adjustments to survive the COVID-19 pandemic economic downturn. A cadre of students from U-M have been able to work with many of these businesses through an internship...
In the Media

Stevenson tackles history of tax cuts

Jun 28, 2021 Rear Vision
The ongoing American debate about tax cuts for the rich has been raging since the 1980's. Betsey Stevenson, professor of public policy and economics, explained where the idea of supply-side, or "trickle-down" economics originated. "This was an...
News

Raimi maps U.S. energy economy in new report

Jun 28, 2021
How will actions taken towards preventing climate change affect communities that rely on a fossil fuel economy? In a recent report titled "Mapping the US Energy Economy to Inform Transition Planning," Daniel Raimi, Ford School lecturer and fellow at...