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

Luke Shaefer praises Minnesota child tax credit

Oct 9, 2023 Minneapolis Star Tribune
Luke Shaefer, Minneapolis Star Tribune: Minnesota's initiative appears to be one of the most ambitious child tax credits in the nation. It covers one of the broadest age ranges — through age 17 — and the $1,750 maximum credit may be one of the...
Publication

Stevenson predicts continued labor strife in an uncertain market

Sep 22, 2023
As the U.S. endures the UAW, Writers’ Guild, and Screen Actors strikes, among others, Ford School economics professor Betsey Stevenson says the country may endure more labor upheaval. Once the chief economist at the U.S. Department of Labor, she...
In the Media

Dominguez: Yen appreciation not a threat to U.S. economy

Sep 21, 2023 Marketplace
Kathryn Dominguez, Marketplace: If the yen jumps around too much, anyone that wants to trade with Japan might hold off. Supply chains could seize up. Kathryn Dominguez, a professor at the University of Michigan, said this is not the time for that to...
News

Wolfers insights on U.S. economic performance

Sep 7, 2023
Over this past summer, Justin Wolfers, professor of public policy and economics at the Ford School, was widely interviewed on the state of the economy and the American public's reactions to its performance.  Here are highlights from his media...
In the Media

Women's workforce participation encouraging - Stevenson

Sep 4, 2023 Marketplace
Betsey Stevenson, Marketplace: “Men’s labor force participation has been growing, but women’s has been growing by just a tiny bit more,” noted Betsey Stevenson, an economist at the University of Michigan. That’s been a happy surprise, she said,...
In the Media

No fear for Halloween candy prices - Deardorff

Aug 25, 2023 The Messenger
Alan Deardorff, The Messenger: "For decades the U.S. policy on sugar has been to protect the sugar market to keep the price above the world price," said Alan Deardorff, a professor emeritus of public policy and economics at the University of...
News

Ford School welcomes Justin Holz as faculty

Aug 18, 2023
Economist Justin Holz joins the Ford School as an assistant professor. Holz’s current research explores how economic policies affect racial disparities, how to increase tax compliance in large businesses, and police misconduct. "I am excited to...
News

Wolfers blames politicians for credit rating downgrade

Aug 3, 2023
Ford School economics professor Justin Wolfers says U.S. politicians are responsible for the recent downgrading of the country's long-term foreign-currency issuer default rating by Fitch Ratings, from AAA to AA+.   Wolfers told International...
News

Stevenson lauds return of women in the workforce

Jul 30, 2023
Ford School economist Betsey Stevenson has noted that in January 2020, just before the COVID-19 pandemic shattered labor markets, women’s participation had been at its highest level ever. Now as the U.S. economy rebuilds, she again is commenting on...
News

Leiser and Shaefer comment on Detroit bankruptcy anniversary

Jul 18, 2023
As the city of Detroit marked the 10th anniversary of its declaration of bankruptcy, publications took stock of the progress the city has made. Bloomberg quoted the Center for Local, State and Urban Policy’s (CLOSUP) Stephanie Leiser, who leads...
In the Media

Wolfers: "This ain't a recession"

Jul 10, 2023 Marketplace
Justin Wolfers, Marketplace: Downbeat indicators don’t tell the whole story. Take consumers, said Justin Wolfers, an economics professor at the University of Michigan. They might say they’re pessimistic about the economy. “But if you look at what...
News

Stevenson’s economic analysis in demand

Jul 3, 2023
Ford School economist Betsey Stevenson’s analysis of the volatile U.S. economy is in high demand.  When the June jobs numbers were released at the beginning of July, Stevenson was quoted in the Associated Press. AP reported, “Friday’s jobs...
News

Stevenson and Wolfers on “The Joy of Economics”

Jun 30, 2023
Ford School economics professors Betsey Stevenson and Justin Wolfers shared their “joyous” take on economics in a recent McKinsey Global Institute Forward Thinking podcast. Here are some excerpts from their wide-ranging discussion: Betsey...
In the Media

On third anniversary, USMCA hasn't accomplished much - Deardorff

Jun 29, 2023 Associated Press
Alan Deardorff, Associated Press: “I don’t expect that we’re ever going to be able to say that (the USMCA) accomplished very much,’’ said Alan Deardorff, a professor emeritus of economics and public policy at the University of Michigan. “I don’t...
News

Stevenson’s expertise on the debt ceiling and global economy

Jun 26, 2023
Ford School economics professor Betsey Stevenson is widely tapped for her comprehensive knowledge of the state of the U.S. economy. When the debt ceiling deal was reached between President Biden and the GOP in Congress, she told NPR that the...
News

Stevenson: Debt ceiling nonsense has long-term costs

Jun 5, 2023
Though the debt ceiling crisis was averted by a deal in Congress to raise the ceiling and cut some spending, Ford School economics professor Betsey Stevenson argues that there will be long-term costs for the U.S. economy. In a guest column in The...