Policy Topics

Economics and finance

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Wolfers challenges U.S. business who seek immunity from coronavirus lawsuits

Apr 27, 2020

In a recent article published in Quartz, “U.S. businesses are seeking immunity from coronavirus lawsuits,” Ford School professor, Justin Wolfers, pushes back on calls by U.S. businesses for COVID-19 related immunity from liability. As some states...

Dean Barr on the need to do more for communities and small businesses

Apr 23, 2020

Hundreds of billions of dollars have been allocated to help small businesses and individuals in response to the COVID-19 financial crisis. Yet for low-income households and small businesses, accessing those funds has proved to be a challenge,...

Dramatic drop in remittances puts struggling communities around the world at risk

Apr 23, 2020

As the toll of the COVID-19 economic shutdown reverberates around the world, money sent home by foreign workers is drying up. Hundreds of billions of dollars are sent every year from countries where immigrants work to countries they call home or...

News

CLOSUP helps local governments navigate fiscal challenges during global pandemic

Apr 23, 2020

New research from the Center for Local State and Urban Policy (CLOSUP)’s Michigan Public Policy Survey (MPPS) measures the impact that the COVID-19 crisis will have on local fiscal health. CLOSUP anticipates local governments will be...

People sharing a public space with greenery, tables, umbrellas, and open space

Fintech can speed recovery payments to businesses and individuals

Apr 22, 2020

Financial technology, commonly known as fintech, is the intersection of financial services and technology. Fintech services that have become popular in recent years include mobile payments, online lending, and digital currency.Adrienne Harris, a...

Beyond imitation and competition: how states can implement effective COVID-19 policies

Apr 17, 2020

To contain the spread of COVID-19, state and local governments are looking to their neighbors, often replicating and applying their policies to their own jurisdiction. It started with all 50 states calling for a state of emergency within days of...

U-M helping Detroit’s small businesses locate, navigate coronavirus-related financial aid

Apr 15, 2020

The University of Michigan is working with Detroit’s small businesses to help them find sources of federal financial aid amid the COVID-19 pandemic and assist them in navigating the rules and regulations they will encounter in the application...

In times of crisis, electricity usage data can estimate economic damage, says Wolfers

Apr 10, 2020

With economic activity changing faster than standard statistical measures can keep up, economists are looking at other indicators to take the economy’s pulse. Justin Wolfers, professor at the Ford School, analyzed electricity usage to understand the...

Key decisions hurt Financial Stability Oversight Council in COVID-19 response, says Barr

Apr 2, 2020

In the aftermath of the 2008 recession, the Financial Stability Oversight Council (FSOC) was established in Title I of the Dodd-Frank Act, tasked to identify and monitor future threats before the next crisis. Now, during the current crisis brought...

Ford School economists comment on Federal response to COVID-19

Mar 27, 2020

A historic $2 trillion relief package has just been approved by Congress in response to the COVID-19 pandemic, and subsequent economic crisis. Professors Betsey Stevenson and Justin Wolfers have weighed in on the relief package and the economic...

Michael S. Barr encourages the Federal Reserve to reform money-market funds

Mar 24, 2020

With the economy reeling from the effects of the COVID-19 crisis, the Federal Reserve has taken steps to shore up money-market funds, securing billions to lend as part of a broader effort to try and stabilize the markets. Ford School Dean Michael S....

Ford School economists: Immediate action can mitigate the economic impact of COVID-19

Mar 20, 2020

The COVID-19 pandemic is impacting the U.S. economy in unprecedented ways. This week, Ford School economic experts including Ford School dean Michael S. Barr, and professors Betsey Stevenson and Justin Wolfers weigh in on what’s ahead in The New...

News

Coronavirus response suffers when local government is starved

Mar 20, 2020

Local governments are on the front lines of the response to the coronavirus crisis. Their actions will ultimately shape how well the U.S. can survive COVID-19 and its economic aftermath, according to an opinion contribution in The Hill written by...

Medicaid expansion does not discourage job-seeking among the unemployed

Mar 16, 2020

Although some worry that Medicaid expansion could discourage unemployed workers from seeking employment, a University of Michigan study found that Medicaid expansion did not affect whether unemployed workers found jobs. In fact, the study found...

News

Rabe addresses the feasibility of Democratic electric vehicle proposals

Mar 9, 2020

Throughout the Democratic primary process, candidates have released climate change plans calling for the full electrification of vehicles within the next two decades. Professor Barry Rabe weighed in recently on how these proposals could impact...

Annual DC career trip fosters connections between students and alumni

Feb 11, 2020

On February 6 and 7, 2020, the Ford School held its annual DC career trip with record student attendance (55 graduate students) and alumni participation (140). A Ford School tradition, this year’s Washington, DC experience provided students with...

James VanSteel (MPP/MURP '21) co-authors electric vehicle report for The Ecology Center

Jan 31, 2020

With research conducted during his summer 2019 internship with The Ecology Center, Ford School student James VanSteel (MPP/MURP '21) co-authored “EV Report: Paying Their Fair Share,” published on January 13, 2020. In the report, VanSteel and his...

News

Fiscal health: Mixed signals for Michigan’s local governments

Dec 11, 2019

ANN ARBOR—More than two-thirds of Michigan’s local government leaders rate their jurisdictions’ current fiscal stress as relatively low, according to a new survey by the University of Michigan’s Center for Local, State, and Urban Policy. On the...

New BA minor opens policy education to more U-M students

Dec 10, 2019

Starting fall 2020, the Ford School will offer University of Michigan undergraduates a 16-credit minor in public policy. The minor will have a competitive application process that will go live in April 2020. The school expects to enroll around...

State & Hill

Faculty Findings: Fall 2019

Nov 19, 2019

Mary Corcoran and Paul Courant on gender wage discrimination The gender pay gap is notoriously alive and well, decades after women entered the workforce in large numbers. Mary Corcoran and Paul Courant explored this issue together many times over...

News

Detroit neighborhood businesses blooming after tapping U-M expertise

Oct 24, 2019

Collaborations between Detroit entrepreneurs and U-M faculty, staff, and students are featured in a news story written for the University by Karen Dybis. The Detroit Neighborhood Entrepreneurs Project (DNEP) pairs Detroit business owners with...

Macmillan Learning announces publication date for new Stevenson, Wolfers economics textbooks

Oct 18, 2019

On October 17, 2019 Macmillan Learning announced two textbooks written by acclaimed Ford School economists Betsey Stevenson and Justin Wolfers will be available for the Fall 2020 semester. The new texts, Principles of Microeconomics and...

Alan V. Deardorff analyzes rules of origin impact on the efficacy of free trade agreements

Sep 12, 2019

Alan V. Deardorff's latest research on international trade evaluates the timely topic of rules of origins (ROOs) impact on free trade agreements (FTAs). When forming an FTA including ROOs is a necessary practice for the pairs and groups of countries...

Deardorff analyzes strength of economy in MLive

Sep 11, 2019

Though Vice President Mike Pence claims President Trump’s economic policies alone are responsible for recent increases in employment, wages, and salaries both in Michigan and nationally, Alan Deardorff, professor at the Ford School, disagrees in the...

Barr discusses fate of CFPB with CNBC

Aug 19, 2019

The fate of the Consumer Financial Protection Bureau is currently at the discretion of the Supreme Court. Hearing the case and a subsequent ruling would have big ramifications for consumers (i.e. all Americans), and likely on Sen. Elizabeth Warren’s...

Stevenson debunks five myths about the Fed in Washington Post

Aug 9, 2019

Ford School Professor Betsey Stevenson tackled misconceptions about the Federal Reserve in a “Five myths” Washington Post column, published August 2, titled “Five myths about the Federal Reserve.” In the wake of the Federal Reserve’s recent...

Barr explains need for consumer protection for small businesses in video with Business Forward

Jul 25, 2019

The tagline “small businesses are the backbone of our economy” gets a lot of play, but the lack of state and federal policy support tells another story. In a video featuring Michael Barr, director of the Center for Finance, Law, and Policy and dean...

Economics and finance

Wolfers challenges U.S. business who seek immunity from coronavirus lawsuits

Dean Barr on the need to do more for communities and small businesses

Dramatic drop in remittances puts struggling communities around the world at risk

CLOSUP helps local governments navigate fiscal challenges during global pandemic

Fintech can speed recovery payments to businesses and individuals

Beyond imitation and competition: how states can implement effective COVID-19 policies

U-M helping Detroit’s small businesses locate, navigate coronavirus-related financial aid

In times of crisis, electricity usage data can estimate economic damage, says Wolfers

Key decisions hurt Financial Stability Oversight Council in COVID-19 response, says Barr

Ford School economists comment on Federal response to COVID-19

Michael S. Barr encourages the Federal Reserve to reform money-market funds

Ford School economists: Immediate action can mitigate the economic impact of COVID-19

Coronavirus response suffers when local government is starved

Medicaid expansion does not discourage job-seeking among the unemployed

Rabe addresses the feasibility of Democratic electric vehicle proposals

Annual DC career trip fosters connections between students and alumni

James VanSteel (MPP/MURP '21) co-authors electric vehicle report for The Ecology Center

Fiscal health: Mixed signals for Michigan’s local governments

New BA minor opens policy education to more U-M students

Faculty Findings: Fall 2019

Detroit neighborhood businesses blooming after tapping U-M expertise

Macmillan Learning announces publication date for new Stevenson, Wolfers economics textbooks

Alan V. Deardorff analyzes rules of origin impact on the efficacy of free trade agreements

Deardorff analyzes strength of economy in MLive

Barr discusses fate of CFPB with CNBC

Stevenson debunks five myths about the Fed in Washington Post

Barr explains need for consumer protection for small businesses in video with Business Forward

Paul Courant named Distinguished University Professor, chooses to honor Ned Gramlich

Susan Collins talks to Yahoo Finance during Federal Reserve conference

Amanda Kowalski receives 2019 ASHEcon Medal