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

Stevenson discusses the Great Resignation and inflation

Feb 1, 2022
Betsey Stevenson, professor of public policy and economics, recently talked to Al Jazeera about the Great Resignation – the phenomenon of millions of Americans voluntarily leaving their jobs. She explained what's going on behind the...
Betsey Stevenson
In the Media

Udow-Phillips weighs in on Beaumont-Spectrum merger

Feb 1, 2022 Bridge Michigan
Following the merger of Beaumont Health and Spectrum Health, patients are wondering if their costs will rise. Marianne Udow-Phillips, lecturer in public policy, discussed the merger. “We certainly know what they've said publicly — that from a...
Marianne Udow-Phillips
In the Media

Cooney highlights impact of expired Child Tax Credit

Feb 1, 2022 CNN
With COVID-19 still affecting the economy and people's finances, experts have seen food hardship increase across the country recently, rising faster in households without children. Patrick Cooney, assistant director of the Detroit Partnership on...
Pat Cooney headshot
News

Shaefer joins Detroit mayor to assist with tax credit claims

Jan 31, 2022
 The City of Detroit is working with several organizations to continue its annual push to encourage Detroiters to file their taxes and claim their refunds. This year, with both the expanded Child Tax Credit and the increased refunds from the State...
Luke Shaefer at Detroit mayr press conference
News

Stevenson predicts change in household division of labor

Jan 27, 2022
How do assumed roles in parenting affect the gender pay gap? Betsey Stevenson, professor of public policy and economics, told The Boston Globe that childcare often falls on the mother, impacting wages and compensation. “Women seem to be a little...
Betsey Stevenson
News

Harris confirmed as NY Superintendent of Financial Services

Jan 25, 2022
The New York State Senate recently approved Adrienne Harris, professor of practice at the Ford School, as Superintendent of the New York State Department of Financial Services (DFS). “I thank Governor Hochul for my nomination. I thank the New...
Adrienne Harris
In the Media

Hausman discusses COVID-19 economy

Jan 24, 2022 CBS News
Two years after COVID-19 was discovered in the U.S., the country is still grappling with the virus and its effects. Joshua Hausman, associate professor of public policy and economics, discussed the impact of the virus on different...
Joshua Hausman
News

Stevenson provides insight on COVID-19 economy

Jan 21, 2022
The recession caused by the COVID-19 pandemic hit employment in the service sector hardest, and the workforce is still feeling the effects,  Betsey Stevenson, professor of economics and public policy, told Mother Jones , "The pandemic created a...
Betsey Stevenson
In the Media

Wolfers discusses inflation panic and Fed response

Jan 17, 2022 CNN Business
As consumer prices rise, some Americans panic that inflation will continue unabated. With its new interet rate policy, some are wondering if the Federal Reserve made a  mistake. Justin Wolfers, professor of public policy and economics, has faith in...
Justin Wolfers
In the Media

Michelmore comments on the end of Child Tax Credit

Jan 14, 2022 AP News
The Child Tax Credit extension—hailed as a successful anti-poverty measure—expired this week, leaving parents without a source of income that they've depended on during the pandemic. Katherine Michelmore, associate professor of public policy,...
Photo of Katherine Michelmore teaching a Ford School class
Publication

Student questions fuel productive change - Stevenson

Jan 12, 2022
How can professors encourage students to question them? In a recent article, “Sparking Student Curiosity,” Betsey Stevenson, professor of public policy and economics, lays out her philosophy on teaching and guiding critical thinking. Since they...
Photo of Betsey Stevenson leading a class
News

Stevenson named to the National Academy of Social Insurance

Jan 12, 2022
Recognizing her outstanding contributions to social insurance and related policy areas, the National Academy of Social Insurance (NASI) has approved the election of Betsey Stevenson, professor of public policy and economics, to the Academy. She is...
Betsey Stevenson
In the Media

Stevenson discusses job report calculations

Jan 10, 2022 CNBC
Recent government job reports have consistently undercounted the number of jobs created. Revisions are made regularly pushing those numbers up. Betsey Stevenson, professor of public policy and economics, explained how she estimates total jobs...
Betsey Stevenson
In the Media

Stevenson breaks down the state of the economy

Jan 7, 2022 Marketplace
Betsey Stevenson, professor of public policy and economics, sat down with Marketplace to discuss the state of the economy.  “People have a harder time putting rising prices in the context of the broader economy,” she said. “(But) when a company...
Betsey Stevenson
News

Stevenson's end-of year commentary on the economy

Jan 3, 2022
Ford School economics professor Betsey Stevenson saw resilience in the U.S. economy at the end of 2021, despite lingering problems for some segments of the population like caregivers.  Speaking with Yahoo! Finance, she said the economy had...
Betsey Stevenson
In the Media

Wolfers argues Build Back Better is not inflationary

Dec 23, 2021 CNN
When West Virginia Senator Joe Manchin (D) announced he could not support the Biden administration's Build Back Better plan, one of the reasons he cited was the inflationary effect an injection of $2 trillion could have on the economy. Ford School...
Justin Wolfers
In the Media

Stevenson discusses Federal Reserve policy

Dec 15, 2021 Bloomberg
Following the Federal Reserve's announcement, Betsey Stevenson, professor of public policy and economics, appeared on Bloomberg's "Sound On" podcast to discuss monetary policy changes. "The Fed did exactly what everyone expected them to do today,...
Betsey Stevenson
In the Media

Josh Hausman explains how COVID has broken the economy

Dec 10, 2021 The Atlantic
With his opinion article in The Atlantic, Josh Hausman, associate professor of public policy and economics, suggests high inflation rates may last for years. He describes the reasons behind inflation—including a consumer shift from services to...
Joshua Hausman
In the Media

Stevenson and Wolfers on 'The Great Reallocation'

Dec 8, 2021 The New York Times
Writing in The New York Times, Betsey Stevenson and Justin Wolfers shared their views on what the future of work looks like in 2022—an economic upheaval they call "The Great Reallocation"—which just may lead to a more humane labor market. They...
Betsey Stevenson and Justin Wolfers
News

Stevenson fields questions regarding supply chain, labor market

Dec 5, 2021
With holiday shopping upon us, the supply chain has been experiencing even more difficulties. But, Betsey Stevenson, professor of public policy and economics, say that the issues should be worked out soon. "It's definitely getting a lot better....
Betsey Stevenson
News

Wolfers provides analysis on jobs, inflation

Dec 5, 2021
As the omicron variant spreads, the impact it will have on the fragile economic recovery remains uncertain. Justin Wolfers, professor of public policy and economics, talked to numerous media outlets about economic recovery, the jobs report, and...
Justin Wolfers
News

Wolfers breaks down jobs report in NYT op-ed

Dec 3, 2021
Following the release of the November jobs report, Justin Wolfers, professor of public policy and economics, broke down what it means in an op-ed in The New York Times.  "This chill in employment might lead one to conclude the economy’s too cold,...
Photo of Justin Wolfers
News

Lawmakers seek out U-M faculty for expertise on various topics

Dec 1, 2021
Federal lawmakers continue to seek out University of Michigan faculty members to lend their expertise and knowledge to help inform federal policy. In the last year, 13 U-M faculty members and researchers testified at 14 congressional hearings...
U.S. capitol
In the Media

Build Back Better will increase inflation - Leahy

Nov 28, 2021 PolitiFact
As a debate over the impact of President Joe Biden's Build Back Better bill continues, John Leahy, professor of public policy and economics, discussed the economics of the bill. "Inflation is the result of too much demand chasing too little...
Headshot of John Leahy