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

Stevenson reflects on the repercussions of COVID-19

Nov 4, 2021
Betsy Stevenson observed key economic indicators and the continuing effects of COVID-19 this week.  At Wednesday’s CNBC Workforce Executive Council Summit, she said, “People seem to be fed up and leaving work...There are a lot of different things...
Betsey Stevenson
News

Stevenson on why the economy is waiting for workers

Oct 20, 2021
As the economy recovers, workers are holding out for better compensation and benefits.  “It’s like the whole country is in some kind of union renegotiation,” Betsey Stevenson told the New York Times. “I don’t know who’s going to win in this...
Betsey Stevenson
Publication

Latino Michiganders: Key findings from U-M Poverty Solutions

Oct 15, 2021
ANN ARBOR—As National Hispanic Heritage Month, which celebrates the culture and contributions of Latinos in the U.S., comes to a close, Poverty Solutions at the University of Michigan highlights key data from its research that relates to Latinos...
Detroit photo
News

Stevenson breaks down September jobs report

Oct 14, 2021
The September jobs report did not reveal things that economists, including Betsey Stevenson, were hoping to see. "If you look at this report, it’s very clear that it’s delta that’s holding it back. We saw the highest number of people working...
Betsey Stevenson
In the Media

Stevenson dissects September Jobs Report

Oct 8, 2021 Moody's Talks
Today, Betsey Stevenson, professor of public policy and economics, appeared on Moody's Talks: Inside Economics to discuss the September jobs report.  "If you turn to the employment report, it wasn’t that stark, but you still see the same pattern....
Betsey Stevenson
In the Media

Psaki mentions Wolfers in press briefing

Sep 29, 2021 The White House
In a recent press briefing, White House Press Secretary Jen Psaki quoted Justin Wolfers, in regards to the Biden administration's recent vaccine and testing mandate for companies. "Viewing Biden’s vaccine mandate as simply economic policy, it’s...
Justin Wolfers
News

Stevenson on pandemic effects and opportunities

Sep 29, 2021
This week, Betsey Stevenson spoke to NPR and PBS about the economic fallout of the COVID-19 pandemic, from supply chains around the world, to a changing workforce, and U.S. government debt. "COVID's affecting the entire world. There are entire...
Betsey Stevenson
In the Media

Haverkamp defends corporate climate pledges

Sep 22, 2021 Marketplace
As more and more corporations commit to reducing their greenhouse gas emissions, some are skeptical that these pledges are simply performative. But, Jennifer Haverkamp, professor of practice, says otherwise.  "It’s a very important signal....
Jennifer Haverkamp
In the Media

Raising aspirations for poor entrepreneurs may backfire - Yang

Sep 21, 2021 VoxDev
Can setting larger, more ambitious goals and financial self-help books aid poor entrepreneurs in decision-making? In a new study, Dean Yang, professor of economics and public policy, and Aakash Mohpal, a U-M PhD alum, found that the two variables...
Dean Yang
In the Media

Vaccine mandate good for business, says Wolfers

Sep 17, 2021 NBC News
Some of America's top business executives met with President Biden on Wednesday to discuss the new vaccine and testing mandate for large businesses. Justin Wolfers, professor of public policy and economics, explained why executive support for the...
Justin Wolfers
In the Media

Johnson criticizes poverty data during pandemic

Sep 15, 2021 Bloomberg Equality
During the pandemic, median real income dropped 2.9%, signaling a rise in poverty. But, according to David Johnson, director of the Panel Study of Income Dynamics and professor of public policy, "the data shows that the official poverty measure is...
Weill Hall
In the Media

Baer considers long-term challenges for downtown businesses

Sep 14, 2021 AP News
According to Christie Baer, assistant executive director for the University of Michigan's Center on Finance, Law and Policy, downtown businesses face a big decision as the pandemic continues. "Businesses that thought that they just had to weather...
Detroit photo
In the Media

Stevenson discusses trade-off of ending unemployment benefits

Sep 14, 2021 Stateside
Millions have lost a source of income with the federal pandemic unemployment benefits ending. Betsey Stevenson, professor of public policy and economics, says that while some people will return to work, not all will.  "I do not think that......
Betsey Stevenson
In the Media

Raimi describes hardships of renewables transition

Sep 8, 2021 Casper Star Tribune
The transition towards renewable energy is necessary, but that doesn't mean it comes without hardships. In Wyoming, where the fossil fuel industry has thrived for many years, the state must find a new area for revenue according to Daniel Raimi,...
Headshot of Daniel Raimi
In the Media

'The virus is the economy' - Wolfers

Sep 3, 2021 Fox Business News
After a few months of economic recovery, the delta variant is slowing down the economy yet again. "Today's dreadful jobs report - which basically put the recovery on ice for a while - is yet another reminder that the virus is the economy," Justin...
Justin Wolfers
News

Stevenson predicts employment changes ahead

Sep 3, 2021
Change is inevitable when it comes to the COVID-19 pandemic. Rising infection rates have caused an otherwise recovering economy to slow, and Betsey Stevenson predicts there may be more change ahead. “I think we are going to see some of the great...
Betsey Stevenson
In the Media

Cooney sees impact of expanded child tax credit

Sep 3, 2021 The Detroit News
The federal COVID-19 unemployment benefits are ending, but the expanded child tax credit plan was rolled out in July. After those first deposits, the U.S. Census Bureau reported a decline in food insecurity. "It’s heartening to see that expanded...
Pat Cooney headshot
In the Media

Stevenson's insight on ending unemployment benefits

Sep 1, 2021 CNBC
This weekend, millions of Americans will lose their federal unemployment benefits. Betsey Stevenson, professor of public policy and economics, says that lawmakers need to consider employment effects, like decreases in spending. "People need the...
Betsey Stevenson
In the Media

Study paints grim picture for homeless Detroit students

Aug 24, 2021 Detroit Free Press
A new analysis released by Poverty Solutions paints a grim picture about homeless students in Detroit. It shows that they are more likely to miss school on a regular basis, less likely to graduate, suspended or expelled at higher rates than other...
Jennifer Erb-Downward