Economics and finance | Gerald R. Ford School of Public Policy
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Showing 151 - 180 of 1823 results
In the Media

Hall calls out false image of lobbying

Mar 31, 2023 The Detroit News
Richard Hall, The Detroit News: The caricature of lobbying as legal bribery can be misguided, though, said Richard Hall, a political science professor at the University of Michigan. An overwhelming majority of lobbying is done with allies. "It's not...
Rick Hall
In the Media

Foreign Affairs asks Wolfers, "Are we headed toward recession?"

Mar 30, 2023 Foreign Affairs
Justin Wolfers, Foreign Affairs: "The economy definitely could fall into recession—there is always a risk—but it is worth remembering that it is never a certainty. The only time horizon over which economists have a good record in predicting...
Justin Wolfers
In the Media

Leiser makes case for Financial Data Transparency Act

Mar 28, 2023 Accounting Today
Stephanie Leiser, Accounting Today: "There's an enormous amount of municipal government financial data locked up in PDF documents. Unlocking that data has the potential to radically improve transparency and dramatically enhance our ability to...
Headshot of Stephanie Leiser
In the Media

Stevenson stresses importance of childcare to construction industry

Mar 25, 2023 States News Service
Betsey Stevenson, States News Service: "I think that the important takeaway is that women can be an important source of labor for the construction industry. While child care is important for women, it is equally important to note that construction...
Betsey Stevenson
In the Media

Wolfers: Silicon Valley Bank run shows need for regulation

Mar 24, 2023 Fast Politics
Justin Wolfers, Fast Politics: "Because of a much broader and much harder truth, which is that even if you're the most fervent believer in market forces, well-run markets require regulation. And nowhere is that more clearly the case than when...
Photo of Justin Wolfers
In the Media

CLOSUP partnership with XBRL US, City of Flint highlighted

Mar 23, 2023 The Bond Buyer
CLOSUP, The Bond Buyer: "Flint is also at the forefront of the development of XBRL for financial reporting. Flint participated in a pilot project with the University of Michigan's Center for Local, State, and Urban Policy at the school's Ford School...
Weill Hall entrance with "Gerald R. Ford School of Public Policy" etched into the glass
In the Media

Stevenson calls for reinstatement of pre-2018 banking regulations

Mar 21, 2023 ABC Australia
Betsey Stevenson, ABC Australia: "We had [Dodd Frank] regulations put in certain stress tests that banks needed to meet certain liquidity requirements, certain capitalization requirements, and those were for anybody with anything that's over $US50...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

Stevenson analyzes Fed messaging

Mar 21, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think sticking with 25 basis points is hopefully going to be sending the signal that they (the Federal Reserve) really do believe that the situation is stabilizing. That they don't need to veer from their planned...
Betsey Stevenson
In the Media

Economy is 'extraordinary' - Wolfers

Mar 12, 2023 WDIV
Justin Wolfers, WDIV: "My summary is what a little ripper. Last month, we were extraordinary. So we aren't extraordinary two months in a row, we're merely very good. This is the sort of job growth that maybe we've gotten used to over the past couple...
Justin Wolfers
News

February Jobs Report: Job Growth Shows No Signs of Slowing

Mar 10, 2023
The U.S. labor market grew by 311,000 jobs in February. Unemployment ticked up to 3.6%, while the number of employed expanded and the labor force participation rate also ticked up. Since October 2022, labor force participation has expanded slowly...
Rapid Insights graphic
In the Media

Wolfers remains optimistic about economy

Mar 10, 2023 BBC
Justin Wolfers, BBC: "The best forecast for the future state of the economy is the current state and the current state is good. There's a recessionary vibe, but there's no recessionary...
Photo of Justin Wolfers
In the Media

Stevenson discusses interest rate effects on labor market

Mar 7, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think it's really hard to interpret the impact of the interest rate increases on the labor market. And the reason is that we would have to know the counterfactual—what would have happened in the labor market if we...
Betsey Stevenson
News

Wolfers breaks down tooth fairy economics

Mar 5, 2023
The average amount the Tooth Fairy gives children has jumped by 16%, to $6.23. Justin Wolfers, professor of public policy and economics, discussed the economics behind the rise.  "The children of America are getting what their parents are not:...
Justin Wolfers
News

Stevenson and 200+ economists urge Congress to raise debt limit

Mar 5, 2023
As the United States heads toward its debt-ceiling deadline, political leaders are posturing as they struggle to find a compromise to prevent default. In response, over 200 U.S. economists, including Professor Betsey Stevenson, sent a letter to...
U.S. capitol
In the Media

Stevenson on jobs report timing

Mar 3, 2023 NPR Marketplace
Betsey Stevenson, NPR Marketplace: "This is one of those things where we all have rules of thumb, because they’re just easier to remember. So the first Friday of the month is way easier to remember than the actual...
Betsey Stevenson
News

Wolfers optimistic about soft landing for economy

Feb 17, 2023
As concerns about the economy continue, one economist is optimistic. Justin Wolfers, professor of public policy and economics, recently talked with NPR to discuss his economic analysis and predictions. "You're talking to an economist who is going...
Photo of Justin Wolfers
In the Media

Hanson discusses state of inflation

Feb 14, 2023 Wallet Hub
Jonathan Hanson, Wallet Hub: "The point of interest rate increases is to slow down the economy and thus cool demand. Pressure on prices thus falls. It’s effective for controlling the rate of inflation but does not come without some pain. I think the...
Jonathan Hanson
In the Media

Stevenson analyzes inflationary pressure

Feb 11, 2023 The New Yorker
Betsey Stevenson, The New Yorker: "People always hate inflation. Even when inflation was at historic lows, survey data showed that eighty-three percent of Americans thought inflation was a problem. The President has very few levers. And, in this...
Betsey Stevenson
In the Media

Wolfers celebrates low unemployment rate

Feb 10, 2023 NPR
Justin Wolfers, NPR: "We're celebrating unemployment being at a 50-year low. This is only three years after the scariest economic moment of my lifetime. If you had said in three short years we'll yield an unemployment rate that earlier generations...
Photo of Justin Wolfers
In the Media

Stevenson discusses strong labor market

Feb 9, 2023 NPR Marketplace
Betsey Stevenson, NPR Marketplace: "Are employers trying to hire a bunch of phantoms — people who don’t exist? Are they just finding it too hard to find...
Betsey Stevenson
In the Media

Ciorciari on dangers of Pakistan's economic crisis

Feb 9, 2023 VOA News
John Ciorciari, VOA News: "Pakistan is on the brink of economic collapse. If the crisis continues, the government may soon face considerable added unrest and exacerbate domestic social conflict. This could destabilize the government in a country...
John Ciorciari
In the Media

Stevenson breaks down what's actually happening in the job market

Feb 9, 2023 The Wall Street Journal
Betsey Stevenson, The Wall Street Journal: "Since restaurants and hotels haven’t staffed up too much, they could avoid the fate of many tech companies that are laying off workers after overhiring earlier in the pandemic," said Betsey Stevenson, an...
Betsey Stevenson
News

Wolfers optimistic on inflation and recession risks

Feb 8, 2023
The U.S. economic recovery from the significant setbacks of the pandemic has seen inflationary pressure from supply chain disruptions and the war in Ukraine, among other factors. Justin Wolfers, Ford School professor of public policy and...
Photo of Justin Wolfers
Publication

Stevenson provides lessons, advice for 118th Congress

Feb 6, 2023
As the 118th Congress begins, Americans’ trust in Congress and government is at an all-time low. Economist Betsey Stevenson lends her expertise to members of Congress in a new article for the Peter G. Peterson Foundation. First, Stevenson says,...
Betsey Stevenson