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.
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.
Please join us as Janet Yellen visits the University of Michigan for a conversation with Susan M. Collins, Joan and Sanford Weill Dean of the Gerald R. Ford School of Public Policy.
An illustrious group of Michigan graduates from fields such as economics, education, political science, psychology, public policy, social work, sociology, and women’s studies will discuss past, present, and future research on issues related to gender, race, poverty, inequality, and economic mobility.
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.
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.
Causal Inference in Education Research Seminar (CIERS)
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.
Citi Foundation Lecture,
Policy Talks @ the Ford School
Rebecca Blank will deliver the Citi Foundation Policy Talks @ the Ford School keynote of the two-day Poverty, Policy, and People: 25 Years of Research and Training at the University of Michigan.
Causal Inference in Education Research Seminar (CIERS)
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.
This webinar on January 29, 2019 was jointly hosted by CLOSUP and the Michigan Municipal League. The webinar features Professor Manny Teodoro from Texas A&M University, speaking on water and sewer system finance and policy, including how to measure affordability, and policy options for rate structures and related issues.
Causal Inference in Education Research Seminar (CIERS)
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.
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.
The Center on Finance, Law & Policy at the University of Michigan is an interdisciplinary research center which draws together faculty and students from more than a dozen of Michigan’s nineteen schools and colleges to work on a broad range of...
This course surveys what we do and don't know about economic growth and poverty alleviation in developing countries. We begin by discussing alternative perspectives on the goals of...
A continuation of PubPol 555 (Microeconomics for Public Policy), this course will deepen students' understanding of key economic concepts and principles and, importantly, apply them to the practice of policy...
The management of financial resources to achieve public goals pervades every area of public policy, but budgeting and financial management is an area usually left to “experts” who often seem to speak their own language. In today’s...