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

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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...
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...
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

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,...
In the Media

Women looking for jobs may have trouble, says Stevenson

Apr 20, 2021 NPR Marketplace
Professor Betsey Stevenson commented that the industries where many women work—like hospitality, for example—have been most impacted by the pandemic: "The businesses might have shut down. The entire industry or sector may have...
In the Media

Stevenson discusses drop in labor force participation amongst women

Apr 15, 2021 DPTV
As part of a Detroit Public TV special segment on the brutal economic effect of the COVID-19 recession on women, Betsey Stevenson discusses the precipitous drop in female labor force participation over the last year — a shocking 57% drop, to the...
News

Panel explores disproportionate impact of pandemic on women

Mar 30, 2021
In recognition of Women’s History Month, and one year since the World Health Organization declared COVID-19 a pandemic, University of Michigan faculty have shared diverse insights and expertise on how the pandemic has disproportionately impacted...
In the Media

Leiser emphasizes the need to consider property taxes when moving

Mar 29, 2021 The Washington Examiner
As Pennsylvania considers legislation to cut the state's property taxes, which are some of the highest in the country, Stephanie Leiser commented that people need to consider property taxes when moving: "Every family will have different preferences...
In the Media

Harris discusses financial inclusion and earned wage access

Mar 22, 2021 Future of Pay Podcast
Adrienne Harris sits down with the  Future of Pay podcast to discuss ways to increase financial inclusion, earned wage access, and the fixed pay cycle. "The fact that people get paid every two weeks or every month is really born of an arcane system...
In the Media

Stevenson: Pandemic raises questions about inequality

Mar 21, 2021 Bloomberg News
“We’re going to get some gains coming out of this pandemic, but we want to make sure that those gains are more evenly shared, and that we’re supporting workers at the bottom and not just workers at the top," said Betsey Stevenson, also noting the...
In the Media

Tompkins-Stange comments on the COVID-19 billionaire boom

Mar 12, 2021 Washington Post
In an article in the Washington Post about the extreme wealth billionaires have gained during the COVID-19 pandemic, Tompkins-Stange, notes that tech billionaires invested comparatively little of that increased wealth back into the public sphere for...