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

More older workers exiting the labor market, says Stevenson

Aug 10, 2021 Bloomberg
The U.S. labor force continues to evolve as the economy recovers from the COVID-19 pandemic. Betsey Stevenson, professor of public policy and economics, explained how and why it has transformed in a recent Bloomberg interview. "We saw labor force...
Betsey Stevenson
News

What's next in a post-pandemic economy? - Stevenson

Aug 3, 2021
As the economy and world attempts to return to normal with the help of the COVID-19 vaccine, a new normal -- from social norms to remote work -- is emerging. Betsey Stevenson, professor of public policy and economics, recently spoke with Project...
Betsey Stevenson
In the Media

Hausman comments on Olympic host nation spending

Aug 1, 2021 MoneyTransfers.com
The spotlight on the Tokyo Olympics has again raised the debate of whether the enormous amounts spent to host them actually give a return to the host nation economy. Ford School professor Josh Hausman said the effect on a country's GDP can depend on...
Joshua Hausman
In the Media

Stevenson insists not to be afraid of inflation

Jul 29, 2021 Marketplace
With inflation running higher than it ever has in a decade, some Americans are worried about the effects it could have on the economy. But Betsey Stevenson, professor of public policy and economics, says not to worry. "People think that inflation...
Betsey Stevenson
In the Media

Stevenson explains boom in low-wage labor demand

Jul 20, 2021 The New York Times
As the economy recovers from the COVID-19 pandemic, demand for low-wage labor has spiked, and along with it, wages. Betsey Stevenson, professor of public policy and economics, laid out exactly what is happening in the economy. “What’s happening...
Betsey Stevenson
In the Media

Shaefer on why Child Tax Credit program will work

Jul 19, 2021 The New York Times
Last week, the first installment of the expanded Child Tax Credit program dropped into bank accounts. Many experts, including Luke Shaefer, Hermann and Amalie Kohn Professor of Social Justice and Social Policy and inaugural director of Poverty...
H. Luke Shaefer
In the Media

Hausman ponders U.S. inflation

Jul 15, 2021 The New York Times
As Japan's economy sputters and amid worries in the U.S. about inflation, an article in The New York Times wonders if low inflation is a quagmire. Ford School economics associate professor Joshua Hausman wonders if the Fed can intervene to avoid...
Joshua Hausman
In the Media

Shaefer salutes arrival of first expanded child tax credit funds

Jul 13, 2021 WXYZ Detroit
Checks for the recently expanded child tax credit program will be sent out this week. Luke Shaefer, the Hermann and Amalie Kohn Professor of Social Justice and Social Policy, associate dean for research and policy engagement, and director of Poverty...
H. Luke Shaefer
In the Media

Wolfers comments on work-from-home productivity

Jul 12, 2021 The Sydney Morning Herald
As the world adjusts to what life will look like as the pandemic ebbs, one key question is whether the work-from-home trend will continue. Justin Wolfers, professor of public policy and economics, said that workers are more productive at home,...
Justin Wolfers
News

Stevenson marks the 'Age of (Re)Discovery'

Jul 11, 2021
As economists realize that the world has entered a new economic era, Foreign Policy asked 13 economists to name and identify this new era. Among them was Betsey Stevenson, Ford School professor of public policy and economics. She named the new era...
Betsey Stevenson
In the Media

Young describes changing relationship between work and technology

Jul 11, 2021 WDIV Local 4
The pandemic has left many anxious about what the future of work looks like. Alford Young, courtesy faculty at the Ford School, Arthur F. Thurnau Professor in the Department of Sociology and a professor of African and African American studies,...
Al Young
In the Media

Shaefer breaks down impact of expanded Child Tax Credit

Jul 11, 2021 The Detroit News
Government officials are currently trying to spread the word about the recently expanded Child Tax Credit program so that it can reach the maximum number of eligible people. Luke Shaefer, associate dean for research and policy engagement and...
Luke Shaefer, Hermann and Amalie Kohn Professor of Social Justice and Social Policy
In the Media

Pandemic has changed employer perceptions, says Stevenson

Jul 8, 2021 Marketplace
Since the pandemic forced many workers to take an employment break, Betsey Stevenson, professor of public policy and economics, says that employers may have more understanding when it comes to gaps in resumes and the benefits of workplace...
Betsey Stevenson
In the Media

Stevenson explains 'double-whammy' for low-income households

Jul 6, 2021 CNN Business
Lower-income students are already more likely to be behind in school than their higher-income peers, but the COVID-19 pandemic worsened that gap. Betsey Stevenson, professor of public policy and economics, explained how the pandemic hit lower-income...
Betsey Stevenson
In the Media

Dynarski testifies on tax reform

Jun 30, 2021 Inside Higher Ed
On Tuesday, Susan Dynarski, professor of public policy, education and economics, testified before the House Ways and Means Committee on how current tax benefits aren't reaching the students they are meant to help. “The education tax benefits...
Susan Dynarski presents at a conference
News

Applying academic skills to real-world business challenges

Jun 29, 2021
Small businesses in Detroit, as across the country, have had to make major adjustments to survive the COVID-19 pandemic economic downturn. A cadre of students from U-M have been able to work with many of these businesses through an internship...
DNEP Detroit Business
News

Raimi maps U.S. energy economy in new report

Jun 28, 2021
How will actions taken towards preventing climate change affect communities that rely on a fossil fuel economy? In a recent report titled "Mapping the US Energy Economy to Inform Transition Planning," Daniel Raimi, Ford School lecturer and fellow at...
Daniel Raimi
In the Media

Stevenson tackles history of tax cuts

Jun 28, 2021 Rear Vision
The ongoing American debate about tax cuts for the rich has been raging since the 1980's. Betsey Stevenson, professor of public policy and economics, explained where the idea of supply-side, or "trickle-down" economics originated. "This was an...
Betsey Stevenson
News

Stevenson addresses child care in Senate committee testimony

Jun 24, 2021
The importance of access to child care in the economic recovery was emphasized by Ford School economics professor Betsey Stevenson in testimony before the U.S. Senate Banking, Housing, and Urban Affairs on Wednesday, June 23. "The choices you...
Stevenson Senate Banking
In the Media

Wolfers debunks labor shortage with Don Lemon

Jun 22, 2021 CNN's Don Lemon Tonight
Justin Wolfers, professor of public policy and economics, sat down on CNN's Don Lemon Tonight to discuss the labor shortage that most believe the U.S. is currently experiencing. Wolfers had a different opinion. "I want to be careful about calling...
Justin Wolfers
News

Stevenson considers how COVID-19 pandemic has changed daily lives

Jun 21, 2021
With COVID-19 restrictions being lifted across the country, what does the "other side" of the pandemic look like? Many realize that everything will not revert to pre-pandemic "normal." Betsey Stevenson, professor of public policy and economics, has...
Betsey Stevenson
In the Media

Cooney breaks down Whitmer's labor force revival plan

Jun 15, 2021 WXYZ Detroit
In order to get more people back into the labor force, Governor Gretchen Whitmer recently proposed the idea of paying people who go back to work. Patrick Cooney, assistant director of economic mobility at Poverty Solutions, explained that...
Pat Cooney headshot
News

Shaefer fields continuing media interest in COVID stimulus study

Jun 10, 2021
Following the release of his study crunching numbers from the U.S Census Bureau's Household Pulse Data, Luke Shaefer, the Hermann and Amalie Kohn Professor of Social Justice and Social Policy, associate dean for research and policy engagement, and...
H. Luke Shaefer
In the Media

Wolfers analyzes Bitcoin drop

Jun 9, 2021 CryptoBrowser
After falling 10 percent in just 24 hours, a Bitcoin frenzy is underway. Justin Wolfers, professor of public policy and economics, explained how the government's increasing involvement in cryptocurrency affected the market. “News that the...
Justin Wolfers
In the Media

Stevenson highlights 'returnships' for mothers

Jun 1, 2021 CNN Business
The pandemic has forced many working mothers to leave the workforce and instead care for their children at home. The issue as the world opens back up: how can those women return to the workforce. "Returnships", or programs that offer training,...
Betsey Stevenson