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

Another stimulus will be needed, says Shaefer

Nov 9, 2020 Market Watch
The initial stimulus plan was “the best thing we’ve ever done for low-income families during an economic crisis and it’s not even close,” said Shaefer. “It’s quite clear we’re going to need another economic stimulus to help families at this time” to...
Luke Shaefer
In the Media

Rabe: Fragile coalition of support exists for climate action

Nov 9, 2020 Vox
“I think Biden can assume that he would have some industry support to work with. This would require really careful political work to hold that supportive coalition together,” Rabe said. Read the full Vox article about Joe Biden's plans to fight...
Barry Rabe
In the Media

Stange: Taking a COVID gap year? Have a plan to re-enroll in school

Nov 7, 2020 Bloomberg Wealth
Kevin Stange said students who have decided to take time off should create a “plan” to re-enroll in school, as a way to hold themselves accountable. “Most people are not the next Bill Gates and will be much better off having gone to college,” he...
Kevin Stange
In the Media

Udow-Phillips outlines Biden's healthcare priorities

Nov 6, 2020 U.S. News & World Report
"Joe Biden was squarely in the camp of building on the Affordable Care Act," Udow-Phillips said. "His proposals for health care reform do speak to making health care more affordable, by building on the health insurance exchanges." Read the full...
Marianne Udow-Phillips
In the Media

Trump's economic "lie" may have lost its punch - Wolfers

Oct 31, 2020 Huffington Post
“Reality has caught up with him. He had a huge lead in terms of people’s confidence in him as an economic manager, and he blew it,” says Justin Wolfers.  “One issue is that people don’t trust what he says anymore. Another is, well, look around —...
Justin Wolfers
In the Media

Wolfers cited as top 10 influencer for Biden economic policy

Oct 29, 2020 The 10 people most likely to influence the economic policy of a President Biden
In an article in Bloomberg,  Ford School professor Justin Wolfers was cited as one of the 10 most influential economists that could be advising a new Biden administration. In the list compiled by Baron Public Affairs, he is one of three "economic...
Justin Wolfers
News

Barr and Harris call for more inclusive payments systems

Oct 26, 2020
Ford School Dean Michael Barr and professor of practice Adrienne Harris say the technologies  of the “payments revolution,” which enable people to make payments and access bank accounts more easily, can also lead to greater financial...
Michael Barr and Adrienne Harris
In the Media

Stevenson explains why pandemic is forcing women out of workforce

Oct 23, 2020 The New Yorker
"The pandemic has impacted women differently from men in multiple ways. At the beginning, we really had a gendered shutdown, and that was because many of the industries that laid people off were industries where women were the majority of...
Betsey Stevenson
In the Media

Stevenson highlights the pandemic's disproportionate toll on moms

Oct 16, 2020 New York Times
“The drop in female labor-force participation was quite dismal and not surprising with the return back to school not happening,” said Betsey Stevenson. Read the full New York Times article on school re-openings in the pandemic...
Betsey Stevenson
In the Media

Shaefer on the success of the CARES Act

Oct 15, 2020 New York Times
“It wasn’t perfect, but hands down it’s the most successful thing we’ve ever done in negating hardship,” said H. Luke Shaefer. Read the full New York Times article...
Luke Shaefer
In the Media

Stevenson on the untapped potential of the labor force

Oct 12, 2020 Bloomberg
"I think there’s actually a lot of room for us to do things better, faster, cheaper. That’s where our growth comes from and I’m always an optimist that we can do it," said Stevenson. "I also think that we have a lot of untapped potential in people....
Betsey Stevenson
In the Media

Stange skeptical of national university system of online courses

Oct 7, 2020 Market Watch
“When you’re enrolling in college, you are buying some of my time,” Stange said. “If you put 1,000 people into a classroom and you buy a thousandth of my time, you’re going to get a lot less of that.” Kevin Stange is not sure a federal system...
Kevin Stange
In the Media

Wolfers on potential liability for irresponsible COVID-19 choices

Oct 6, 2020 Washington Post
"The purpose of liability law is to incentivize responsible behavior by making irresponsibility costly", said Wolfers. “We’d expect to see many more irresponsible choices being made by those taking the president’s comments to heart."  Read the...
Justin Wolfers
In the Media

Stevenson highlights COVID recession's stark impacts on Gen Z

Oct 2, 2020 Bloomberg Special Report
"What really matters is how long the recession lasts... I think there is already some damage to young people that is going to take them a decade to reverse," said Ford School economist Betsey Stevenson. "So, I think of that already as some permanent...
Betsey Stevenson
In the Media

Stevenson: Women's employment has fallen off a pandemic cliff

Sep 15, 2020 NPR Here and Now
“We had what you might even call a gendered shutdown. The kinds of industries that had to send people home, that shut down, disproportionately employed women," said Stevenson. "How long it takes women to recover is going to depend on the [childcare]...
Betsey Stevenson