economics | Gerald R. Ford School of Public Policy
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Stevenson and Wolfers discuss latest jobs report

Apr 4, 2022
The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...
Betsey Stevenson and Justin Wolfers
News

Stevenson discusses gender dynamics in the labor market

Mar 29, 2022
Men and women experience the labor market very differently. Betsey Stevenson, professor of public policy and economics, who studies those differences notes that women's roles as caregivers, and a lack of affordable childcare or paid leave, are major...
Betsey Stevenson
News

Wolfers weighs in on war in Ukraine and inflation

Mar 14, 2022
Inflation continues to dominate headlines as Americans worry about rising prices everywhere from housing to the gas pump. Justin Wolfers, professor of public policy and economics, provided some insight into the state of the economy. "There’s no...
Justin Wolfers
In the Media

Wolfers warns against suspending the gas tax

Mar 6, 2022 The Economist
Gas prices have risen to record levels, and sanctions against Russia could force them higher. On Capitol Hill, suspending gas taxes has entered the conversation. But, Justin Wolfers, professor of public policy and economics, warns against...
Photo of Justin Wolfers
In the Media

Stevenson gives update on the labor market

Mar 6, 2022 Bloomberg
Betsey Stevenson, professor of public policy and economics, recently appeared on Bloomberg's "Balance of Power" to discuss the latest jobs report.  "We saw a lot of jobs added and we saw employment grow. So, across the board, this is a really...
Betsey Stevenson
In the Media

Wolfers discusses accuracy of economic predictions

Feb 23, 2022 Marketplace
As technology improves, economists are handed more and more data to make predictions with. But, does it make those predictions better? “The evidence seems to be if we are, only a little bit," Justin Wolfers, professor of public policy and...
Photo of Justin Wolfers
News

Wolfers weighs in on inflation

Feb 16, 2022
Americans are becoming increasingly worried about inflation. Justin Wolfers, professor of public policy and economics, discussed the Federal Reserve's current approach to intervening in the economy to address the issue. "The mechanism by which...
Photo of Justin Wolfers
In the Media

Stevenson proposes solutions for inflation

Feb 10, 2022 Yahoo! News
With Americans panicking about rising prices, Betsey Stevenson, professor of public policy and economics, proposed how to slow inflation down.  "So we've got two ways to fix the problem: We can bring down demand ... or we can try to increase...
Photo of Betsey Stevenson leading a class
In the Media

Wolfers discusses state of the economy

Feb 8, 2022 WDET
Justin Wolfers, professor of public policy and economics, recently appeared on WDET to talk about the economy, inflation, and jobs.  "People are complaining about rising prices and inflation. That’s their concern right now. It’s not about jobs,"...
Justin Wolfers
In the Media

Not all Americans included in economic recovery - Wolfers

Feb 6, 2022 Los Angeles Times
The latest jobs report reflects a strong, recovering economy. But, Justin Wolfers, professor of public policy and economics, explained that not all Americans are feeling the effects of recovery.  "A lot of people, particularly older people, have...
Photo of Justin Wolfers
News

Stevenson weighs in on January jobs report

Feb 6, 2022
The January jobs report revealed strong employment gains, with 467,000 jobs added in January. Betsey Stevenson, professor of public policy and economics, analyzed the report for numerous media outlets. The jobgains occurred in the midst of a...
Betsey Stevenson
In the Media

Wileden discusses Detroit's unchanged unemployment rate

Feb 4, 2022 WXYZ Detroit
In a recent interview with WXYZ, Lydia Wileden, PhD candidate and research associate on the Detroit Metro Area Communities Study, answered questions about Detroit's unemployment rate, which has stayed at 20% over the last year.  "We do see that a...
Detroit photo
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
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

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
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
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
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
News

John Leahy elected as an Econometric Society Fellow

Oct 5, 2021
This fall, John Leahy was elected as one of 51 new fellows to the Econometric Society, an international society for the advancement of economic theory and its relationship to statistics and mathematics. Leahy was nominated by his peers, and is only...
Headshot of John Leahy
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
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

More older workers exiting the labor market, says Stevenson

Aug 10, 2021 Bloomberg
The U.S. labor force continues to evolve as the economy recovers from the COVID-19 pandemic. Betsey Stevenson, professor of public policy and economics, explained how and why it has transformed in a recent Bloomberg interview. "We saw labor force...
Betsey Stevenson