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

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News

Stevenson addresses child care in Senate committee testimony

Jun 24, 2021
The importance of access to child care in the economic recovery was emphasized by Ford School economics professor Betsey Stevenson in testimony before the U.S. Senate Banking, Housing, and Urban Affairs on Wednesday, June 23. "The choices you...
In the Media

Wolfers debunks labor shortage with Don Lemon

Jun 22, 2021 CNN's Don Lemon Tonight
Justin Wolfers, professor of public policy and economics, sat down on CNN's Don Lemon Tonight to discuss the labor shortage that most believe the U.S. is currently experiencing. Wolfers had a different opinion. "I want to be careful about calling...
News

Stevenson considers how COVID-19 pandemic has changed daily lives

Jun 21, 2021
With COVID-19 restrictions being lifted across the country, what does the "other side" of the pandemic look like? Many realize that everything will not revert to pre-pandemic "normal." Betsey Stevenson, professor of public policy and economics, has...
In the Media

Cooney breaks down Whitmer's labor force revival plan

Jun 15, 2021 WXYZ Detroit
In order to get more people back into the labor force, Governor Gretchen Whitmer recently proposed the idea of paying people who go back to work. Patrick Cooney, assistant director of economic mobility at Poverty Solutions, explained that...
News

Shaefer fields continuing media interest in COVID stimulus study

Jun 10, 2021
Following the release of his study crunching numbers from the U.S Census Bureau's Household Pulse Data, Luke Shaefer, the Hermann and Amalie Kohn Professor of Social Justice and Social Policy, associate dean for research and policy engagement, and...
State & Hill

Q&A with Betsey Stevenson

Jun 10, 2021
Ford School economist Betsey Stevenson, a leading voice on the COVID-19 “she-cession,” discusses her work and her academic passion. State & Hill: What inspired you to study and spend so much of your career focusing on women in the labor...
In the Media

Wolfers analyzes Bitcoin drop

Jun 9, 2021 CryptoBrowser
After falling 10 percent in just 24 hours, a Bitcoin frenzy is underway. Justin Wolfers, professor of public policy and economics, explained how the government's increasing involvement in cryptocurrency affected the market. “News that the...
In the Media

Stevenson highlights 'returnships' for mothers

Jun 1, 2021 CNN Business
The pandemic has forced many working mothers to leave the workforce and instead care for their children at home. The issue as the world opens back up: how can those women return to the workforce. "Returnships", or programs that offer training,...
In the Media

Stevenson comments on childcare

May 27, 2021 Bloomberg Radio
The pandemic has brought to light the struggle that many working moms go through, prompting consideration of how to alleviate some of those struggles. Betsey Stevenson, professor of public policy and economics, explained to Bloomberg Radio how the...
News

COVID-19 and unemployment's affects on future health - Burgard

May 25, 2021
In a recent opinion piece published in The Conversation, co-authored with with Jennie Brand, Sarah Burgard, professor of sociology, public policy and epidemiology, called attention to the long-term health effects of COVID-19 — but not just effects...
In the Media

Stevenson weighs in on unemployment benefits debate

May 24, 2021 CNBC
As businesses begin to open up again unemployment benefits and those receiving them are topics of debate. Staffing shortages are common and people are asking where the work force has gone. Betsey Stevenson, professor of public policy and economics,...
In the Media

Levy explains connection between Medicaid and more jobs

May 23, 2021 NPR Marketplace
According to NPR Marketplace, if the 14 states that have not expanded Medicaid do, they would create more than a million jobs in 2022. Helen Levy, a research professor at the U-M Institute for Social Research with a courtesy appointment at the Ford...
News

Invest in innovation — Owen-Smith

May 23, 2021
In a recent op-ed for The Hill, Jason Owen-Smith, professor of public policy and director of the Institute for Research on Innovation and Science, calls for federal investment in leading research universities in order to promote growth and...
In the Media

Harris analyses digital dollars

May 23, 2021 St Louis Post-Dispatch
With technology becoming more and more prevalent in our daily lives, the Federal Reserve has started researching the potential of digital dollars. Adrienne Harris, professor of practice at the Ford School, gave some insight on how different...
In the Media

Cooney comments on minimum wage debate

May 19, 2021 WXYZ Detroit
McDonald's workers are striking for better wages all across the country, including in Michigan. Many argue against a higher minimum wage, saying that it would cause job loss. Patrick Cooney, assistant director of economic mobility at U-M Poverty...
In the Media

Stevenson comments on UN economist gender gap

May 17, 2021 Foreign Policy
After an internal memo from the U.N. Conference on Trade and Development (UNCTAD) came to light, a debate about the U.N.'s hiring practices arose. The memo asked for managers to drop a requirement for a doctorate degree, in order to be able to hire...
News

Shaefer lauds the potential impact of the child tax credit

May 14, 2021
"The expanded, fully refundable child tax credit sounds complicated, but the ideas behind it are simple, and its design has been tested in many other countries. It’s based on the principles that children deserve the opportunity to thrive, and that...
In the Media

Cooney answers question of where Michigan workers have gone

May 11, 2021 Detroit Free Press
Businesses and companies need more workers right now, but they can't find them. Patrick Cooney, assistant director of economic mobility at U-M Poverty Solutions, attributed most of the gap between supply and demand of labor to public health. "Our...
News

Stevenson comments widely on COVID-19 recovery, minimum wage

May 10, 2021
Ford School economics professor Betsey Stevenson has been commenting on the debate about raising the minimum wage and the contours of the COVID-19 recovery. When the April jobs report was released, with significantly fewer jobs created than were...
In the Media

Wolfers provides analysis, expectations for post-pandemic economy

Apr 22, 2021 NBC News
“Much of the gain of economic growth over recent decades has gone to capital rather than labor, and to the highly paid, rather than a broader group of workers,” Wolfers said. “A strong economy — and worker shortages — could help rebalance somewhat,...