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

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In the Media

Reducing student loan debt is a significant step - Michelmore

Sep 12, 2022 Oakland Press
Over 1.3 million Michiganders hold around $50 billion in student loan debt, according to the latest data from the U.S. Department of Education. The Biden administration's plan to forgive $10,000 of loan debt, and up to $20,000 for those students who...
In the Media

Branche-Wilson breaks down DMACS findings about financial health

Sep 12, 2022 Michigan Radio
A Detroit Metro Area Communities Study found that many Detroiters would struggle if faced with a $400 emergency. Afton Branche-Wilson, assistant director of community initiatives at Poverty Solutions, helped Michigan Radio summarize the...
News

Wolfers provides expertise on current state of economy

Sep 9, 2022
Justin Wolfers, professor of public policy and economics, has made numerous appearances in the media recently, providing his expertise on the current state of our economy. Here is a compilation of his recent contributions: 'Both a warning and a...
News

Wolfers sees signs of optimism amid high inflation numbers

Jul 21, 2022
The latest inflation rate numbers show an increase in prices of 9.1%. Ford School economics professor Justin Wolfers has been discussing the intricacies of elements and implications of that rate.   Reacting to the inflationary pressure, the...
In the Media

Dominguez on euro-dollar parity

Jul 17, 2022 NPR
For the first time in two decades, the value of the dollar and the euro are equal on international currency markets. NPR quotes Ford School professor Kathryn Dominguez saying the two currencies are at parity because of how investors feel about the...
News

Stamps students join Detroit Neighborhood Entrepreneurs Project

Jul 12, 2022
Students from the University of Michigan's Penny Stamps School of Art and Design spent a part of their summer in the city of Detroit, gaining valuable experience as interns in the Detroit Neighborhood Entrepreneurs Project (DNEP) + Impact Studio for...
In the Media

Hausman warns of the costs of transition to "everything electric"

Jul 10, 2022 Colorado Public Radio
"A rapid energy transition could leave lower-income customers with higher gas bills, raising questions about the economic fairness of shifting homes away from fossil fuels," Colorado Public Radio warns, in part citing a recent paper co-authored by...
In the Media

State inflation relief checks are not a stimulus, says Hausman

Jul 6, 2022 NPR Marketplace
A dozen states are providing tax rebates to residents who qualify. Professor Joshua Hausman told NPR Marketplace they are designed to help people deal with rising prices, not stimulate the economy. “This is not a good idea if you care about...
News

Schwarz and Hills comment on Kellogg HQ move

Jun 26, 2022
Kellogg Company announced plans to split into three separate companies focused on cereal, plant-based foods and snacks, with the snacks company moving headquarters from Battle Creek to Chicago. The other divisions will remain based in...
In the Media

Nothaft proscribes changes in Michigan auto insurance reform

Jun 26, 2022 Click On Detroit
In the three years since Michigan reformed its auto insurance laws, rates have remained high, and people are asking, "Did it do what was promised?" Amanda Nothaft from Poverty Solutions outlined three changes necessary for further change to Click...
In the Media

Gas tax break may not reduce prices - Stevenson

Jun 26, 2022 The New York Times
As the Biden administration considers a holiday on the federal gas tax, an opinion piece in The New York Times says the move may not actually lead to a price reduction at the pump. It states, "By the iron law of supply and demand, if the demand...
In the Media

Rabe on curbing high gas prices

Jun 16, 2022 Time
This week, President Biden called on U.S. oil refiners to ramp up production to meet the growing demand for gas and rising prices at the pump. In a Time interview, Ford School professor Barry Rabe says he is "struck by the lack of appetite in either...