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economics

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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...
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...
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...
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...
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...
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,"...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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....
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...
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...
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...
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...
In the Media

Stevenson insists not to be afraid of inflation

Jul 29, 2021 Marketplace
With inflation running higher than it ever has in a decade, some Americans are worried about the effects it could have on the economy. But Betsey Stevenson, professor of public policy and economics, says not to worry. "People think that inflation...
In the Media

Stevenson tackles history of tax cuts

Jun 28, 2021 Rear Vision
The ongoing American debate about tax cuts for the rich has been raging since the 1980's. Betsey Stevenson, professor of public policy and economics, explained where the idea of supply-side, or "trickle-down" economics originated. "This was an...
News

Stevenson considers how COVID-19 pandemic has changed daily lives

Jun 21, 2021
With COVID-19 restrictions being lifted across the country, what does the "other side" of the pandemic look like? Many realize that everything will not revert to pre-pandemic "normal." Betsey Stevenson, professor of public policy and economics, has...
In the Media

Wolfers analyzes Bitcoin drop

Jun 9, 2021 CryptoBrowser
After falling 10 percent in just 24 hours, a Bitcoin frenzy is underway. Justin Wolfers, professor of public policy and economics, explained how the government's increasing involvement in cryptocurrency affected the market. “News that the...