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

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In the Media

Stange skeptical of national university system of online courses

Oct 7, 2020 Market Watch
“When you’re enrolling in college, you are buying some of my time,” Stange said. “If you put 1,000 people into a classroom and you buy a thousandth of my time, you’re going to get a lot less of that.” Kevin Stange is not sure a federal system...
In the Media

Wolfers on potential liability for irresponsible COVID-19 choices

Oct 6, 2020 Washington Post
"The purpose of liability law is to incentivize responsible behavior by making irresponsibility costly", said Wolfers. “We’d expect to see many more irresponsible choices being made by those taking the president’s comments to heart."  Read the...
In the Media

Stevenson highlights COVID recession's stark impacts on Gen Z

Oct 2, 2020 Bloomberg Special Report
"What really matters is how long the recession lasts... I think there is already some damage to young people that is going to take them a decade to reverse," said Ford School economist Betsey Stevenson. "So, I think of that already as some permanent...
In the Media

Stevenson: Women's employment has fallen off a pandemic cliff

Sep 15, 2020 NPR Here and Now
“We had what you might even call a gendered shutdown. The kinds of industries that had to send people home, that shut down, disproportionately employed women," said Stevenson. "How long it takes women to recover is going to depend on the [childcare]...
In the Media

Stevenson testifies on the effects of fiscal relief inaction

Sep 11, 2020 Law 360
"One of the problems we've seen is that high-income households have really boosted their savings [with CARES Act funding]. And when you're saving, you're not spending and that's part of what's caused the economy to contract." Read the full Law...
News

Stevenson and Wolfers: "Think Like an Economist"

Aug 21, 2020
Betsey Stevenson and Justin Wolfers have launched a new podcast, called "Think Like an Economist." In a series of tweets on August 19, @JustinWolfers explained:   We’re calling it Think Like an Economist because we want to teach you to,...
News

Barr seeks financial inclusion for underserved communities

Aug 12, 2020
Throughout his career in academia and in government, Ford School Dean Michael S. Barr has sought ways to help low-income people get better access to the financial system, and to change the financial system to work better for low-income...
News

Dominguez on economic fallout from COVID-19 pandemic

Aug 12, 2020
The economic impact of the global COVID-19 pandemic has been dramatic and wide ranging, affecting millions of Americans and their employment, incomes, health care, and access to education, while exposing significant inequality in all of those...
In the Media

What future global role for the dollar?

Aug 10, 2020 NPR Marketplace
An NPR Marketplace story states, "The U.S. dollar has been on a pretty steady decline ever since the pandemic began and the American economy plunged into recession. As every major currency is rising against the greenback, some financial...
News

Meet our new faculty: Charlotte Cavaillé

Aug 5, 2020
Charlotte Cavaillé is an assistant professor of public policy at the Ford School, who is arriving at the Ford School after a year as a visiting fellow at Princeton University's Center for the Study of Democratic Politics. She comes to the Ford...
News

Did the U.S. economy shrink by 32.9 percent?

Aug 4, 2020
The devastating GDP numbers announced at the end of July—a decline of 9-and-a-half percent—are the worst in American history, according to Ford School economics professor Justin Wolfers. The way the numbers are reported, that at an annualized rate...

Shortage of coins affects lower-income consumers - Harris

Jul 30, 2020
An article in the Los Angeles Times on July 30, states that "the COVID-19 pandemic has caused a coin shortage, and it’s hitting small-business owners, big retailers and everyday shoppers — especially those who don’t have credit or debit cards — in...