Traditionally, central banks have served three policy functions – monetary policy, payments systems oversight, and financial institution supervision. This conference will convene international experts and practitioners to examine how these core functions contribute to financial inclusion, poverty alleviation, and a more inclusive economy – and what could be improved.The conference contributes to a research initiative undertaken by the University of Michigan’s Center on Finance, Law & Policy, in partnership with the Bill & Melinda Gates Foundation to consider how the role of a central bank could evolve in the future and enable central banks to make greater contributions toward financial inclusion. Ultimately, the research intends to identify technologies, processes, or tools that could benefit a central bank in supporting public policy objectives related to inclusion, and consider whether other sectors, including philanthropy, might have a role to play in supporting the development of those tools. Registration to the event is free. Speakers and attendees will include individuals from standards-setting bodies, central banks and other financial regulators, and policymakers, as well as futurists and technologists, and other financial ecosystem stakeholders.For more information visit http://financelawpolicy.umich.edu.
Consideration of the the Trans-Pacific Partnership (TPP) trade agreement has been postponed until after the election, when it may come up for a vote in Congress. Ford School Professor Alan Deardorff will moderate this two-person panel on the pros and cons of the TPP.
um3detroit is an interdisciplinary gathering that brings together U-M's three campuses along with Detroit community partners to share and strengthen our connections to Detroit and each other.
Do you want to learn more about the federal budget and how to bring the national debt to more sustainable levels? Join the Committee for a Responsible Federal Budget in an interactive exercise with The Debt Fixer.
Join EPI's scholars at 27 roundtables, panels and poster sessions, and help us to celebrate Susan Dynarski's selection as the recipient of APPAM's Spencer Award for transformative work in education policy research.
Saumitra Jha, Stanford University will present Swords into Bank Shares: Financial Innovations and Innovators in Mitigating Political Violence in EDS Seminar on Tuesday, April 10 at 2:30pm in 201 Lorch Hall.
Policy Talks @ the Ford School Free and open to the public. Reception to follow. Paperback editions of Lawrence Lessig's book, Republic, Lost: How Money Corrupts Congress–and a Plan to Stop It will be available for purchase at the event. Professor Lessig will sign copies of his book during the reception. Join in on the conversation on Twitter: #fordschoollessig This event is co-sponsored by the Michigan Campaign Finance Network. From the speaker's bio: Lawrence Lessig is the Roy L.
Free and open to the public. Join the conversation on Twitter: #policytalks Lecture by Roger Ferguson, president and chief executive officer of TIAA-CREF. About the lecture Despite our sluggish economy and the global economic uncertainty, building lifelong financial security is not a pipe dream in 21st century America. But for most Americans, it's become a do-it-yourself proposition, as a result of the decline of traditional pension plans in the private sector. This is a concern given the general lack of financial literacy among our population.
CLOSUP Lecture Series,
Policy Talks @ the Ford School
Gerald R. Ford School of Public Policy
Annenberg Auditorium
Free and open to the public. Auditorium doors will open at 3:30 PM on March 19. This event will be live web-streamed; a link to the web-stream will be posted here on the day of the event at least 30 minutes prior to the start time.
This year marks the 100th anniversary of the founding of the Gerald R. Ford School of Public Policy. The Charge to the Class will be delivered by U.S. Senator Carl Levin (D-MI). This event is to be web streamed.
Dear Ford School Alumni and Friends: The featured speaker will be Ford School/Brookings/New York Times-affiliated economist, Justin Wolfers, discussing economics and happiness. Justin and his partner Betsey Stevenson—another nationally prominent economist, currently a member of the President's Council of Economic Advisers—joined the Ford School faculty in fall 2012.
The Gerald R. Ford School of Public Policy and Department of Economics will host a Festschrift titled 'Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization' in honor of Alan Deardorff on Friday and Saturday, October 2-3, 2009. Princeton University professor and New York Times columnist Paul Krugman will deliver the keynote address on Friday, 10/2 at 3:00pm. Registration is required for the Festschrift.
Paul Krugman is an economist and prolific writer who divides his energies among many pursuits: he is professor of economics and international affairs at Princeton University, a centenary professor at the London School of Economics, and, perhaps, his best-known job, an op-ed columnist for The New York Times. Krugman was recently honored for his work on global trade patterns by winning the 2008 Nobel Memorial Prize in Economic Sciences.
Economic Development Seminar presents Supreet Kaur (UC-Berkeley). Supreet will present "Scabs: The Social Suppression of Labor Supply" in the joint labor/development seminar on Friday, April 6, 1-2:30PM in Lorch 201.
Sir Tony Atkinson Warden, Nuffield College, Oxford. Sir Tony Atkinson is internationally known for his work on inequality and income distribution He has been the Warden of Nuffield College, University of Oxford since 1994, and has been involved as an advisor to the European Union on social policy issues. This lecture was the keynote address for the conference, 'Changing Social Policies for Low-Income Families and Less-Skilled Workers in the EU and the U.S.,' jointly sponsored by the
Please join Professor Susan Collins, the Ford School DE&I Officer, Stephanie Sanders and Global Engagement Program Manager, Cliff Martin for an info session about this exciting opportunity in global engagement.
Indo-Pacific Conference organized by International Policy Center and Center for Japanese Studies features a keynote by Susan Thornton, Assistant Secretary of State for East Asian and Pacific Affairs.
U. S. Department of the Treasury, Cash Room
Washington, DC
The U.S. Office of Financial Research and the University of Michigan’s Center on Finance, Law, and Policy will bring together regulators, policymakers, lawyers, economists, financial institutions, investors, financial technology companies, and experts on data science, cybersecurity, and finance.
Professor Shujiro URATA examines Japan’s current economic situation and identifies the problems, then he discusses the importance of adopting an activist international economic policy with a focus on its relationship with the United States, in order to overcome the problems and achieve sustained economic growth.
David Atkin, MIT on A New Engel on the Gains from Trade. Measuring the gains from trade and their distribution is challenging. Recent empirical contributions have addressed this challenge by drawing on rich and newly available sources of microdata to measure changes in household nominal incomes and price indices. While such data have become available for some components of household welfare, and for some locations and periods, they are typically not available for the entire consumption basket. In this paper, we propose and implement an alternative approach that uses rich, but widely available, expenditure survey microdata to estimate theory-consistent changes in income-group specific price indices and welfare. Our approach builds on existing work that uses linear Engel curves and changes in expenditure on income-elastic goods to infer unobserved real incomes. A major shortcoming of this approach is that while based on non-homothetic preferences, the price indices it recovers are homothetic and hence are neither theory consistent nor suitable for distributional analysis when relative prices are changing. To make progress, we show that we can recover changes in income-specific price indices and welfare from horizontal shifts in Engel curves if preferences are quasi-separable (Gorman, 1970; 1976) and we focus on what we term “relative Engel curves”. Our approach is flexible enough to allow for the highly non-linear Engel curves we document in the data, and for non-parametric estimation at each point of the income distribution. We first implement this approach to estimate changes in cost of living and household welfare using Indian microdata. We then revisit the impacts of India’s trade reforms across regions.
The purpose of the conference is to explore a number of regulatory issues involving trade and related policies that cut across the economies of the United States and European Union and that have wider ramifications for the global trading system as a whole. An indication of the scope of the conference and the papers being commissioned is available via the links in the agenda, below. Attendance: Open to interested faculty, students, and the public.
