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

Childcare is a societal issue - Stevenson

Jan 10, 2023 Care for Business
Betsey Stevenson, Care for Business: "It drives me crazy when I hear people describe (childcare) as a personal problem. It’s so many uniquely American, right? ... The inflation we’re facing right now has nothing to do with money, and has everything...
Betsey Stevenson
In the Media

Stevenson breaks down last jobs report of 2022 on Bloomberg

Jan 6, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "It's a very strong jobs report. What we saw was ongoing job growth. 2021 was the strongest year of job growth we've ever had, and 2022 came in there as the second. We did see some slowdown as the year continued but even...
Betsey Stevenson
In the Media

Stevenson discusses how central banks see wage increases

Jan 3, 2023 CNN
Betsey Stevenson, CNN: "I think what you're hearing is central banks want to make sure that we're not seeing wage increases drive further inflation because then your wage increases aren't going to do you any good—it's just going to be used to pay...
Betsey Stevenson
In the Media

Stevenson looks ahead at interest rates and inflation

Dec 28, 2022 CNBC
Betsey Stevenson, CNBC: "I think it’s important to realize that the Fed sees themselves as having two tools right now to bring inflation down. One is bringing rates high, and then the other is keeping them high for longer. And I think one thing...
Betsey Stevenson
In the Media

Stevenson analyzes gender gap in retirement savings

Dec 27, 2022 NPR Marketplace
Betsey Stevenson, NPR Marketplace: Saving for retirement is harder for women because they generally earn less over their lifetimes, said Betsey Stevenson, an economist at the University of Michigan. “For a large number of reasons,” she...
Betsey Stevenson
In the Media

Leiser applauds Financial Data Transparency Act

Dec 26, 2022 XBRL US
Stephanie Leiser, XBRL US: "Making government financial data open and accessible to all is the right thing to do, and it is long overdue. Financial transparency is absolutely essential to maintaining trust between governments and the public. Equally...
Headshot of Stephanie Leiser
In the Media

Wolfers provides 2023 economic forecast

Dec 21, 2022 In the Bubble
Justin Wolfers, In the Bubble: "(Inflation’s) almost certainly peaked. That’s the mainstream view among both Wall Street and academic economists right now. The Fed’s own forecasts show that it expects inflation to fall relatively dramatically over...
Photo of Justin Wolfers
In the Media

Dominguez discusses the impact of Japan's increasing interest rates

Dec 21, 2022 Marketplace
Kathryn Dominguez, NPR Marketplace: Higher interest rates can also help Japan combat inflation more generally. And that could help other countries too, said Kathryn Dominguez, an economics professor at the University of Michigan. "If all...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
Publication

New law on data transparency will improve governance - Leiser

Dec 20, 2022
Increasing transparency in how local government works got a boost when the U.S. Congress passed the Financial Data Transparency Act (FDTA) on December 15, 2022. The act requires the Securities and Exchange Commission to adopt data standards related...
U.S. capitol
State & Hill

An economic eye on equity in higher ed

Dec 19, 2022
As the first chief economist in the U.S. Department of Education, Ford School alumnus Jordan Matsudaira (PhD ’05), seeks to identify and implement policies that best promote student success—academically and financially—in higher education. Ford...
Abstract illustration
In the Media

Stevenson breaks down tech layoffs

Dec 12, 2022 NPR Consider This
Betsey Stevenson, NPR Consider This: "I do not think it's indicative of a sector that's struggling. I think it's indicative of a sector that had gangbuster growth over the last couple years and maybe got a bit ahead of its skis thinking that that...
Betsey Stevenson
In the Media

Stevenson considers further Fed action on inflation

Dec 12, 2022 DBusiness
Betsey Stevenson, DBusiness: "We thought we’d see inflation start to come down, and instead what we’ve seen is inflation really sort of entrenched. If there’s no real progress, then that says, does the Fed need to take stronger action? And if the...
Betsey Stevenson
News

Stevenson breaks down latest jobs report data

Dec 5, 2022
In addition to providing BLS Monthly Jobs Report Rapid Insights, Betsey Stevenson, professor of economics and public policy, has lent her expertise to numerous media outlets to break down the latest jobs report. Here's what she had to say about the...
Betsey Stevenson
In the Media

Dominguez discusses the weakening dollar

Dec 5, 2022 NPR Marketplace
Kathryn Dominguez, NPR Marketplace: "Manufacturing companies that are selling abroad and competing with foreign manufacturers may find that they are able to do better with a less-strong...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
News

Wolfers challenges us to reimagine the social contract

Nov 30, 2022
Justin Wolfers, professor of public policy and economics, recently sat down with the International Monetary Fund, arguing that the time is now to reimagine institutions that foster social cohesion. "The COVID moment has been and still is an...
Photo of Justin Wolfers
In the Media

Wolfers discusses tech layoffs

Nov 17, 2022 Washington Post
Justin Wolfers, Washington Post: "That amounts to about one-third of 1 percent of the total separations in a month. Large numbers of separations are actually the norm in the U.S. economy. I think that there is a tendency for the human brain to look...
Justin Wolfers
In the Media

Wolfers compares corporate profits and inflation

Nov 15, 2022 NPR
Justin Wolfers, NPR: "Corporations have celebrated higher prices in their earnings calls ever since the history of the earnings call. Blaming inflation on greed is like blaming a plane crash on gravity. Corporations have always tried to raise prices...
Justin Wolfers
In the Media

Stevenson discusses state of inflation

Nov 14, 2022 Bloomberg
Betsey Stevenson, Bloomberg: "I certainly thought what we saw was good news. And it's good news because we're seeing inflation start to slow. And we know we've got a ways to go but, we're seeing things moving in the right direction. The thing that's...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

Stall in student debt relief significant for Detroiters - Hanson

Nov 13, 2022 WXYZ
Jonathan Hanson, WXYZ: “This court decision is really quite significant because it ordered the administration to halt the whole process. For now everyone who’s applied for loan forgiveness has to wait for this process to unfold. Student debt is an...
Jon Hanson
In the Media

Wolfers analyzes latest CPI report

Nov 10, 2022 AlterNet
Justin Wolfers, AlterNet: "This is a very encouraging inflation report. There’s a good chance that inflation has peaked, and is now turning...
Photo of Justin Wolfers