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Economics and finance

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In the Media

Stevenson discusses drop in labor force participation amongst women

Apr 15, 2021 DPTV
As part of a Detroit Public TV special segment on the brutal economic effect of the COVID-19 recession on women, Betsey Stevenson discusses the precipitous drop in female labor force participation over the last year — a shocking 57% drop, to the...
In the Media

Leiser emphasizes the need to consider property taxes when moving

Mar 29, 2021 The Washington Examiner
As Pennsylvania considers legislation to cut the state's property taxes, which are some of the highest in the country, Stephanie Leiser commented that people need to consider property taxes when moving: "Every family will have different preferences...
In the Media

Harris discusses financial inclusion and earned wage access

Mar 22, 2021 Future of Pay Podcast
Adrienne Harris sits down with the  Future of Pay podcast to discuss ways to increase financial inclusion, earned wage access, and the fixed pay cycle. "The fact that people get paid every two weeks or every month is really born of an arcane system...
In the Media

Stevenson: Pandemic raises questions about inequality

Mar 21, 2021 Bloomberg News
“We’re going to get some gains coming out of this pandemic, but we want to make sure that those gains are more evenly shared, and that we’re supporting workers at the bottom and not just workers at the top," said Betsey Stevenson, also noting the...
In the Media

Tompkins-Stange comments on the COVID-19 billionaire boom

Mar 12, 2021 Washington Post
In an article in the Washington Post about the extreme wealth billionaires have gained during the COVID-19 pandemic, Tompkins-Stange, notes that tech billionaires invested comparatively little of that increased wealth back into the public sphere for...
News

Kowalski paper an NIHCM award finalist

Mar 10, 2021
Health economist Amanda Kowalski, the Gail Wilensky Professor of Economics and Public Policy, with her primary appointment in the U-M Department of Economics and a courtesy appointment at the Ford School, is a finalist for the National Institute for...
News

Wolfers co-authored paper looks at systemic sexism in economics

Feb 28, 2021
A paper on which Ford School economics professor Justin Wolfers collaborated (with Pascaline Dupas, Alicia Sasser Modestino, Muriel Niederle, and a broader set of 97 economist collaborators known as the Seminar Dynamics Collective), “Gender and the...
In the Media

Barr discusses "The COVID Economy" in podcast

Feb 28, 2021 Burn Bag
Barr discuss the challenges of rebuilding the global economy post-COVID-19, attracting foreign direct investment to the United States, the Robinhood debacle and securities regulation, repeating mistakes from the 2007/08 financial crisis, the risks...
In the Media

Leiser explains property tax policy

Feb 23, 2021 WalletHub
Stephanie Leiser discusses the importance of property taxes for personal financial decision-making and implications for policy. "Most economists agree that property taxes are the best tax base for local governments. Compared to other types of taxes,...
In the Media

Owen-Smith highlights economic impact of U-M research

Feb 9, 2021 DBusiness
“Our findings illuminate the many different ways in which academic research affects the national economy and society as a whole,” said Jason Owen-Smith. “U-M is an excellent illustration of the multifaceted impact research investments can have,...
In the Media

Collins joins Aspen Economic Strategy Group

Feb 2, 2021 Associated Press News
The Aspen Economic Strategy Group (AESG) announced seven new members [including Susan M. Collins, Provost and Executive Vice President for Academic Affairs] to the sixty-five member, invitation-only group made up of distinguished leaders and...
News

Rabe comments on GM's historic move to electric vehicles

Jan 28, 2021
General Motors announced Thursday, January 28, that it would eliminate gasoline and diesel powered engines in their passenger cars, vans, and SUVs by 2035. They also pledged to make their factories carbon neutral by 2040.  In an interview with...
In the Media

Dynarski: The student loan system has layers and layers of dysfunction

Dec 15, 2020 NPR Marketplace
"The key problem is in default and repayment problems," said Dynarski. "In terms of a macro-level, is this a big drag on the economy? I don't think so. In terms of a micro-level, are there people who's lives are ruined by fairly small amounts of...
In the Media

"Women in Economics" podcast features Stevenson

Dec 11, 2020 Women in Economics
“I didn’t see #MeToo coming, but it came, and it’s taking a while still to come for economics, but it is,” says Stevenson. She talks about her research on women’s labor market experiences and how her teaching style has changed in 2020 in the "Women...
In the Media

Stevenson's insight on the "shecession" highlighted

Dec 10, 2020 PBS NewsHour
"We lost jobs in retail, and leisure and hospitality, and health care services. And those are all jobs where women hold the majority of the jobs, and they actually got the majority of the layoffs," Stevenson says. "I think it's amplifying the...
In the Media

Rabe on federal incentives for state-level climate, clean energy action

Dec 10, 2020 Environment & Energy News
"States are absolutely desperate for revenue and have deep concerns about their ability to sustain themselves. There are growing questions of how states are going to reinvent themselves," Rabe said. "Every state is going to be coming to Washington...
In the Media

Student loan forgiveness proposals bad macro econ policy, says Wolfers

Dec 6, 2020 Chicago Tribune
Most of the [student loan debt] relief would go to people who don't need it and would merely sock it away. "This is the worst macro policy I've ever heard of," said Wolfers. It would make far more sense to funnel money to low-income and unemployed...
In the Media

Rabe: Investment in coal not part of American, global energy future

Dec 5, 2020 Casper Star Tribune
“There are going to be energy bills linked to that stimulus bill,” Rabe said. “And every state is going to be looking for the most advantageous terms. It’s really questionable that coal is going to be center stage in any kind of major stimulus...