Policy Topics

Economics and finance

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Widening income gap becoming self-perpetuating, says Danziger

Jan 25, 2014

In an NPR piece on the debate surrounding income inequality and economic mobility, Sheldon Danziger explains that in the current U.S. economy minimum wage and middle-income earners cannot keep pace with top earners.He notes that, while there was a...

Ford School's National Poverty Center hosts major event on anniversary of LBJ's 'War on Poverty'

Jan 16, 2014

January 8, 2014 marked the 50th anniversary of President Lyndon B. Johnson's declaration of "unconditional War on Poverty." Yet 15 percent of Americans live in poverty today, and no presidential administration or Congress since the Johnson era has...

Whitman quoted in article on gender disparity in college economic departments

Jan 8, 2014

In a Wall Street Journal article on the persistent gap between men and women at all levels of academic economics, Marina v.N. Whitman commented on the increased competition for tenure and pressure to publish faced by young academics. The article...

Whitman quoted in article on gender disparity in college economic departments image

State & Hill

BA alum among 'Top 35 under 35' foreigners making an impact in Africa

Dec 16, 2013

Madelynne Wager (BA '13), a first generation college student from the small town of Greenville, Mich., knew she wanted to make an impact. When she started her studies at the University of Michigan, she thought she could do that best by becoming a...

Wolfers and McIntyre featured in roundup of most important economic stories of 2013

Dec 10, 2013

Ford School professor Justin Wolfers and current masters student Adrianna McIntyre (MPP/MPH '15) among 43 economists, journalists, and think-tankers asked by The Atlantic to select charts they think best represent the year in economics.Wolfers...

Wolfers and McIntyre featured in roundup of most important economic stories of 2013 image

Wolfers comments on 2013 Nobel Memorial Prize in Economic Science winners

Oct 18, 2013

On October 14, Eugene F. Fama, Lars Peter Hansen, and Robert J. Shiller were awarded the Nobel Memorial Prize in Economic Science. Fama and Shiller are leading proponents of opposing views about the rationality of financial markets. Justin Wolfers...

Wolfers praises nomination of Janet Yellen as Federal Reserve Chairman

Oct 8, 2013

President Barack Obama has announced that he plans to nominate Janet Yellen as the next chairman of the Federal Reserve Board. In a Bloomberg View column, Justin Wolfers explains why he is enthusiastic by the historic selection.In the article,...

Wolfers praises nomination of Janet Yellen as Federal Reserve Chairman Image

Cross-sector partnerships fuel new breakthroughs in affordable housing

Sep 30, 2013

"It's Maslow's hierarchy of needs," Paul Weech says. "Cover the basics—food and shelter—and you allow people to focus their time and energy on work, family, education, and all the rest."A self-proclaimed "houser," Weech is fervent about the need for...

Joshua Hausman awarded 2013 Allan Nevins Prize in American Economic History

Sep 30, 2013

Assistant Professor Joshua Hausman has won the 2013 Allan Nevins Prize in American Economic History for his dissertation titled "New Deal Policies and Recovery from the Great Depression."The Nevins Prize recognizes the best dissertation in U.S. or...

Joshua Hausman awarded 2013 Allan Nevins Prize in American Economic History image

New faculty members join the Ford School in fall 2013

Sep 28, 2013

The Ford School is delighted to welcome five new members to its faculty, starting this fall: Anmol Chaddha, Catherine Hausman, Joshua Hausman, Mara Otstfeld, and Joy Rohde. Anmol Chaddha Anmol Chaddha is a Michigan Fellow and an assistant professor...

Thinking and doing

Aug 10, 2013

Zenia Lewis (MPP '09) is just back from a whirlwind trip to Uganda and Ethiopia, but she doesn't sound the least bit jetlagged. In fact, her manner is lively and engaged—two attributes that must serve her well as a research analyst on the Africa...

Wolfers on the unintended consequences of the ongoing sequester

Aug 2, 2013

A recent New York Times article, "U.S. Cuts Take Increasing Toll on Job Growth," explores the sequester's dampening effect on the economy through emergency furloughs, hiring freezes, bid delays, contract cancellations, and more.While the sequester...

Kevin Stange's research on the effects of tuition increases discussed in a number of media outlets

Jul 15, 2013

Kevin Stange's research on the impact higher tuition rates may have on student enrollment in high-cost disciplines is being discussed by a number of news outlets.In the paper, "Differential Pricing in Undergraduate Education: Effects on Degree...

News

Susan M. Collins tapped as president of Association of Professional Schools of International Affairs

Jun 21, 2013

From the Association of Professional Schools of International Affairs The Association of Professional Schools of International Affairs (APSIA) welcomed its new executive committee to office on June 1, 2013, with Dean Susan M. Collins of the...

New research by Stevenson and Wolfers counters conventional wisdom, shows you can never have too much money

Apr 29, 2013

According to the Easterlin Paradox, posited by Richard Easterlin in 1974, greater average well being does not correlate with higher average income, that is, more money doesn't necessarily make one happier. Indeed, some version of the credo "money...

State & Hill

Alan Deardorff on comparing the advantages of international free trade

Apr 22, 2013

In March 1990, Associate Dean Alan V. Deardorff shivered in a cold passenger jet on a runway in Alpena, MI. He was seated with his son and his son's friend, in the midst of a plane full of people anxious to escape. They were all waiting for the...

Stevenson opinion article on minimum wage in Washington Post

Apr 5, 2013

The Washington Post published an op-ed by Betsey Stevenson, entitled "Five Myths about the Minimum Wage." The topic has been widely discussed since President Obama proposed increasing the federal minimum wage from $7.25 to $9 per hour in his...

News

Detroit Free Press cites CLOSUP findings in editorial on state finances

Feb 28, 2013

The Detroit Free Press cited a recent Michigan Public Policy Survey (MPPS) in an editorial arguing that the well-being of Michigan cities must be considered when balancing Michigan's state budget. As explained in the editorial, Michigan...

New paper from Jacob, McCall, and Stange analyses the "College as Country Club"

Jan 29, 2013

A new paper by Brian A. Jacob, Brian P. McCall, and Kevin M. Stange, published by the National Bureau of Economic Research, is receiving attention from The Chronicle of Higher Education and other publications for its analysis of the pressure facing...

Chairman Bernanke's Policy Talks @ the Ford School remarks widely covered by local, national media

Jan 17, 2013

Monday's Policy Talks @ the Ford School conversation with Federal Reserve Chairman Ben Bernanke was widely covered by local, national, and international media with more than 3,196 mentions since January 1.Chairman Bernanke and Susan Collins, the...

State & Hill

The ongoing Eurozone experiment, the fortunes of the European Economic, Monetary Union

Dec 18, 2012

For many of us, the year 2006 was part of a different time. Our retirement accounts were increasing in value. Our house values were going up, up, up. Without much difficulty, we could borrow money to buy houses, make home improvements, or buy cars,...

Watch Policy Talks @ the Ford School conversation with Chairman Ben Bernanke

Nov 5, 2012

Federal Reserve Chairman Ben Bernanke will speak at Rackham Auditorium on 1/14. The event is free, open to the public, and will require a seating pass. More info will be posted here as it becomes available. Update 1/15: The video and transcript are...

Ciorciari: American investors seek profit, safety in Cambodia

Jul 5, 2012

With a group of U.S. business owners joining U.S. Secretary of State Hilary Clinton on a trip to Cambodia, Voice of America Khmer spoke with John D. Ciorciari about the prospects for American investment in the country."Private investors are mainly...

Robert M. Stern co-edits Oxford Handbook on the World Trade Organization for Oxford University Press

Jun 13, 2012

Robert M. Stern was one of a team of three editors of the recently published Oxford Handbook on the World Trade Organization. According to the publisher, the book that aims to provide "an authoritative and cutting-edge account of the World Trade...

Alan V. Deardorff festschrift compilation published

Aug 10, 2011

World Scientific Books published a compilation of materials from Alan V. Deardorff's festschrift as part of its Studies in International Economics series. The book, titled "Comparative Advantage, Growth, and the Gains from Trade and Globalization: a...

Kathryn Dominguez quoted in Financial Times article, "Decision on yen awaits Japan poll victor"

Sep 13, 2010

Kathryn Dominguez was quoted in a Financial Times article about the currency challenges facing Japan's new prime minister. The value of the Yen recently reached a 15-year high and the Japanese government must decide if currency intervention is...

Robert M. Stern edits new book, "The Japanese Economy in Retrospect"

Aug 4, 2010

Robert M. Stern co-edited a new book, "The Japanese Economy in Retrospect," published by World Scientific. The book, presented in two volumes, contains selected papers by Gary Saxonhouse. Saxonhouse, considered a leading expert on the Japanese...

Kathryn Dominguez, Norman Bishara (MPP '04) use world financial crisis as teaching tool

Jan 20, 2010

Kathryn Dominguez and Norman Bishara, an assistant professor in the business school and MPP alum, spoke to the Michigan Daily about the affect of the recent world economic crisis on the content of the courses they teach.Dominguez currently teaches...

John Chamberlin quoted in Detroit Free Press article, "Did Detroit pension properly vet businessman Robert Shumake?"

Dec 31, 2009

John Chamberlin spoke to the Detroit Free Press about Detroit pension board concerns over investments with businessman Robert Shumake. According to the article, in 2006 the pension boards agreed to invest millions of dollars with Shumake’s company...

Paul N. Courant and Alexandra A. Killewald (PhD candidate) examine "grade inflation" using sociology, economics

Dec 16, 2009

An article, "Deflating the Grade Inflation Scare," published on Miller-McCune.com, describes grade trend research by Paul N. Courant and Alexandra A. Killewald (PhD candidate). Courant and Killewald's research, originally published in the Journal of...