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

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In the Media

Reducing student loan debt is a significant step - Michelmore

Sep 12, 2022 Oakland Press
Over 1.3 million Michiganders hold around $50 billion in student loan debt, according to the latest data from the U.S. Department of Education. The Biden administration's plan to forgive $10,000 of loan debt, and up to $20,000 for those students who...
In the Media

Branche-Wilson breaks down DMACS findings about financial health

Sep 12, 2022 Michigan Radio
A Detroit Metro Area Communities Study found that many Detroiters would struggle if faced with a $400 emergency. Afton Branche-Wilson, assistant director of community initiatives at Poverty Solutions, helped Michigan Radio summarize the...
News

Wolfers provides expertise on current state of economy

Sep 9, 2022
Justin Wolfers, professor of public policy and economics, has made numerous appearances in the media recently, providing his expertise on the current state of our economy. Here is a compilation of his recent contributions: 'Both a warning and a...
News

Stevenson analyzes uncertain markets

Aug 30, 2022
Ford School economics professor Betsey Stevenson has been commenting on the many confusions hitting the economy, given worries about inflation and recession, Fed interest rate hikes, and a shifting labor market. When the Job Openings and Labor...
News

CFLP welcomes Kathryn Dominguez as new co-faculty director

Aug 29, 2022
The Center on Finance, Law & Policy (CFLP) welcomes international economist Kathryn Dominguez as its new co-faculty director. Professor Dominguez joins Ross School of Business assistant professor Jeremy Kress as co-director. She replaces CFLP...
In the Media

Core measures do a better job to predict inflation, says Wolfers

Aug 16, 2022 Quartz
Economists have a lot of data—consumer prices and monthly inflation rates— to measure inflation and predict prices. But Ford School economist Justin Wolfers explains that cherrypicked numbers are contributing to general confusion about what's...
In the Media

Pilkauskas says finances encourage multi-generational households

Aug 7, 2022 Marketplace
Marketplace reports that 8in 10 young adults are moving settling in their home towns. And it reports that one in five adults now live in a multigenerational home.  “People actually save a lot of money, I mean it’s not surprising, when they move...
News

Wolfers sees signs of optimism amid high inflation numbers

Jul 21, 2022
The latest inflation rate numbers show an increase in prices of 9.1%. Ford School economics professor Justin Wolfers has been discussing the intricacies of elements and implications of that rate.   Reacting to the inflationary pressure, the...
News

Stevenson on inflation figures

Jul 18, 2022
Ford school professor Betsey Stevenson has been commenting on the latest inflation figures, which in the U.S. saw an annual rate of 9.1% in June. She told ABC Australia, "Heating your house, filling your tank — that's where Americans are really...
In the Media

Dominguez on euro-dollar parity

Jul 17, 2022 NPR
For the first time in two decades, the value of the dollar and the euro are equal on international currency markets. NPR quotes Ford School professor Kathryn Dominguez saying the two currencies are at parity because of how investors feel about the...
In the Media

Dominguez comments on "reverse currency wars"

Jul 13, 2022 Planet Money
As countries around the world work to fight inflation, central banks have a limited number of options to cool their economies. When countries raise interest rates, and their currencies get stronger, they may begin to engage in a competition with...
News

Stamps students join Detroit Neighborhood Entrepreneurs Project

Jul 12, 2022
Students from the University of Michigan's Penny Stamps School of Art and Design spent a part of their summer in the city of Detroit, gaining valuable experience as interns in the Detroit Neighborhood Entrepreneurs Project (DNEP) + Impact Studio for...
In the Media

Hausman warns of the costs of transition to "everything electric"

Jul 10, 2022 Colorado Public Radio
"A rapid energy transition could leave lower-income customers with higher gas bills, raising questions about the economic fairness of shifting homes away from fossil fuels," Colorado Public Radio warns, in part citing a recent paper co-authored by...