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

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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...
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...
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,...
In the Media

Stevenson comments on childcare

May 27, 2021 Bloomberg Radio
The pandemic has brought to light the struggle that many working moms go through, prompting consideration of how to alleviate some of those struggles. Betsey Stevenson, professor of public policy and economics, explained to Bloomberg Radio how the...
In the Media

Harris analyses digital dollars

May 23, 2021 St Louis Post-Dispatch
With technology becoming more and more prevalent in our daily lives, the Federal Reserve has started researching the potential of digital dollars. Adrienne Harris, professor of practice at the Ford School, gave some insight on how different...
News

Invest in innovation — Owen-Smith

May 23, 2021
In a recent op-ed for The Hill, Jason Owen-Smith, professor of public policy and director of the Institute for Research on Innovation and Science, calls for federal investment in leading research universities in order to promote growth and...
In the Media

Cooney comments on minimum wage debate

May 19, 2021 WXYZ Detroit
McDonald's workers are striking for better wages all across the country, including in Michigan. Many argue against a higher minimum wage, saying that it would cause job loss. Patrick Cooney, assistant director of economic mobility at U-M Poverty...
In the Media

Stevenson comments on UN economist gender gap

May 17, 2021 Foreign Policy
After an internal memo from the U.N. Conference on Trade and Development (UNCTAD) came to light, a debate about the U.N.'s hiring practices arose. The memo asked for managers to drop a requirement for a doctorate degree, in order to be able to hire...
News

Shaefer lauds the potential impact of the child tax credit

May 14, 2021
"The expanded, fully refundable child tax credit sounds complicated, but the ideas behind it are simple, and its design has been tested in many other countries. It’s based on the principles that children deserve the opportunity to thrive, and that...
In the Media

Cooney answers question of where Michigan workers have gone

May 11, 2021 Detroit Free Press
Businesses and companies need more workers right now, but they can't find them. Patrick Cooney, assistant director of economic mobility at U-M Poverty Solutions, attributed most of the gap between supply and demand of labor to public health. "Our...
News

Stevenson comments widely on COVID-19 recovery, minimum wage

May 10, 2021
Ford School economics professor Betsey Stevenson has been commenting on the debate about raising the minimum wage and the contours of the COVID-19 recovery. When the April jobs report was released, with significantly fewer jobs created than were...
In the Media

Wolfers provides analysis, expectations for post-pandemic economy

Apr 22, 2021 NBC News
“Much of the gain of economic growth over recent decades has gone to capital rather than labor, and to the highly paid, rather than a broader group of workers,” Wolfers said. “A strong economy — and worker shortages — could help rebalance somewhat,...
In the Media

Women looking for jobs may have trouble, says Stevenson

Apr 20, 2021 NPR Marketplace
Professor Betsey Stevenson commented that the industries where many women work—like hospitality, for example—have been most impacted by the pandemic: "The businesses might have shut down. The entire industry or sector may have...
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...