Abstract: This paper shows that the mortgage credit boom has significantly affected urban and school racial segregation from 1995 to 2007. We develop a model of urban segregation with credit constraints that shows that easier credit can either increase or decrease segregation, depending on the race of the marginal consumer who benefits from the expansion of credit. We then use school demographics from 1995 to 2007, matched to a national comprehensive dataset of mortgage originations, to document the link between credit supply and schools' racial demographics.
Gerald R. Ford School of Public Policy
5th Floor Seminar Room
11th Annual Lent Upson Lecture at Wayne State University – Spring 2010 MPPS fiscal data findings The Michigan Public Policy Survey (MPPS) is a program of state-wide surveys of local government leaders in Michigan. The MPPS is designed to fill an important information gap in the policymaking process. While there are ongoing surveys of the business community and of the citizens of Michigan, before the MPPS there were no ongoing surveys of local government officials that were representative of all general purpose local governments in the state.
Gerald R. Ford School of Public Policy
5th Floor Seminar Room
Michigan Municipal League (MML) Annual Convention – Spring 2009 MPPS fiscal data findings The Michigan Public Policy Survey (MPPS) is a program of state-wide surveys of local government leaders in Michigan. The MPPS is designed to fill an important information gap in the policymaking process. While there are ongoing surveys of the business community and of the citizens of Michigan, before the MPPS there were no ongoing surveys of local government officials that were representative of all general purpose local governments in the state.
Kemal Dervis, Administrator, United Nations Development Programme. 2006 Citigroup Lecture. Co-sponsored with the International Policy Center and the Turkish Studies Colloquium. Kemal Dervis will give the Gerald R. Ford School of Public Policy's Citigroup Lecture on October 25, 2006. Kemal Dervis was Turkey's Minister for Economic Affairs and the Treasury and is now the head of the United Nations Development Programme, the UN's global development network.
'Perspectives on the WTO Doha Development Agenda Multilateral Trade Negotiations,' conference was hosted by the International Policy Center of the Gerald R. Ford School of Public Policy, together with the Department of Economics and the Law School. The purpose of the conference was to provide a forum to discuss the most important issues to be addressed during the December 2005 Ministerial Meeting of the WTO in Hong Kong. Robert M.
Causal Inference in Education Research Seminar (CIERS)
Interested in a career in Finance or Technology? Learn More From Professor Adrienne Harris!Adrienne A. Harris is a Professor of the Practice at the University of Michigan, as well as a Gates Foundation Senior Research Fellow with the Center for Finance, Law and Policy at the University. Adrienne also advises fintech companies, incumbent financial institutions, and large venture capital firms. Most recently, Adrienne was the Chief Business Officer and General Counsel a San Francisco-based, insur-tech start-up for which she is now an Advisor. Adrienne was a Special Assistant to President Obama for Economic Policy at the National Economic Council in the Obama White House. She spearheaded the development of the Administration’s fintech strategy, chairing both the Interagency Fintech Working Group and the Administration’s Distributed Ledger Technology Task Force. She came to the White House from the U.S. Department of Treasury where she served as Senior Advisor to the Deputy Secretary. Prior to coming to Washington, D.C., Adrienne was an Associate at Sullivan & Cromwell LLP in New York, where her practice included representing financial institutions in complex regulatory proceedings and M&A transactions. Adrienne earned her M.B.A. from New York University Stern School of Business with specializations in Economics and Management, her J.D. from Columbia University Law School, and her B.A. from Georgetown University.
Causal Inference in Education Research Seminar (CIERS)
This talk will show how children’s chances of climbing the income ladder vary across neighborhoods, analyze the sources of racial disparities in intergenerational mobility, and discuss the role of higher education in creating greater income mobility.
Causal Inference in Education Research Seminar (CIERS)
Susan Dynarski, co-director of Education Policy Initiative and Professor of Public Policy, Education and Economics at the University of Michigan, will be a featured presenter at TEDx Indianapolis. The Education Policy Initiative will host a viewing party of her livestreamed presentation. Snacks and drinks provided.
Causal Inference in Education Research Seminar (CIERS)
Literati is pleased to host Megan Tompkins-Stange in support of her book Policy Patrons: Philanthropy, Education Reform, and the Politics of Influence.
Causal Inference in Education Research Seminar (CIERS)
Paul Krugman is an economist and prolific writer who divides his energies among many pursuits: he is professor of economics and international affairs at Princeton University, a centenary professor at the London School of Economics, and, perhaps, his best-known job, an op-ed columnist for The New York Times. Krugman was recently honored for his work on global trade patterns by winning the 2008 Nobel Memorial Prize in Economic Sciences.
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.
Do you want to learn more about the federal budget and how to bring the national debt to more sustainable levels? Join the Committee for a Responsible Federal Budget in an interactive exercise with The Debt Fixer.
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.
Free and open to the public. Join the conversation on Twitter: #policytalks Lecture by Roger Ferguson, president and chief executive officer of TIAA-CREF. About the lecture Despite our sluggish economy and the global economic uncertainty, building lifelong financial security is not a pipe dream in 21st century America. But for most Americans, it's become a do-it-yourself proposition, as a result of the decline of traditional pension plans in the private sector. This is a concern given the general lack of financial literacy among our population.
Policy Talks @ the Ford School Free and open to the public. Reception to follow. Paperback editions of Lawrence Lessig's book, Republic, Lost: How Money Corrupts Congress–and a Plan to Stop It will be available for purchase at the event. Professor Lessig will sign copies of his book during the reception. Join in on the conversation on Twitter: #fordschoollessig This event is co-sponsored by the Michigan Campaign Finance Network. From the speaker's bio: Lawrence Lessig is the Roy L.
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.
CLOSUP Lecture Series,
Policy Talks @ the Ford School
Gerald R. Ford School of Public Policy
Annenberg Auditorium
Free and open to the public. Auditorium doors will open at 3:30 PM on March 19. This event will be live web-streamed; a link to the web-stream will be posted here on the day of the event at least 30 minutes prior to the start time.
