Blue bag lunch talks

The Center on Finance, Law & Policy’s “blue bag lunches” aim to foster interdisciplinary collaborations and showcase the work being done at the University of Michigan on issues related to finance, law, and policy. Faculty are welcome to present research related to finance, law, and policy at any stage at these monthly events–from general questions and ideas, to works-in-progress, to published work. During the 2021-22 academic year, these talks will continue to be virtual.

When classes are in session, Blue Bag Lunches are generally held on the first Thursday of each month from Noon – 1 p.m.  Presentations are open to all with registration required. 

Charlotte Cavaille Headshot

Upcoming talk: Charlotte Cavaille

With sovereign debt soaring, the issues of "how much debt is too much debt" and "what to do about it'' are likely to move once again from the technocratic realm of "quiet politics" into the electoral realm of "loud politics." This study extends our understanding of the demand side of fiscal policy by mapping the constraints (if any) that voters impose on policymakers in this policy realm. We have in mind three types of constraints: 1) the existence of an issue public, 2) persistent –-as opposed to malleable–- concerns over debt (un)sustainability, 3) a shared mental model regarding the consequences of unsustainable debt levels for inflation, growth, taxation and social spending.  Specifically, deficit and debt-friendly policy makers are more constrained (and fiscal conservatives less so) if they face an issue public (a plurality who strongly cares about low deficits and debt), cannot easily manipulate people’s beliefs about debt (un)sustainability and are worried about behavioral responses to high debt levels (including inflation or tax expectations). Using an original data collection effort in Great Britain, we find little evidence to support the existence of such constraints. We discuss implications for future research, including the need to shift to elite-centric research designs. 

More information



Past talks

February 03, 2022

Kristin Seefeldt

Helping across generations and impacts on retirement and retirement planning
Read more about "Kristin Seefeldt"
January 13, 2022

Nadya Malenko

Board dynamics over the startup life cycle
Read more about "Nadya Malenko"
December 02, 2021

Jerry Davis

Taming corporate power in the 21st century
Read more about "Jerry Davis "
October 07, 2021

Gabriel Rauterberg

Two public/private divides revisited
Read more about "Gabriel Rauterberg"
September 09, 2021

Emmanuel Yimfor

Misconduct Synergies
Read more about "Emmanuel Yimfor"
April 01, 2021

Dean Yang

The Myth of the "Millionaire Mindset": Experimental Evidence from Filipino Entrepreneurs
Read more about "Dean Yang"
March 11, 2021

Terri Friedline

Banking on a Revolution: Why Financial Technology Won't Save a Broken System
Read more about "Terri Friedline"
February 04, 2021

Peter Adriaens

Sustainability Scrutiny in the Financial Markets: Policy, Perception and the Probability of Material ESG Risk
Read more about "Peter Adriaens"
January 21, 2021

Linda Tesar

The Macroeconomics of COVID-19
Read more about "Linda Tesar"
December 03, 2020

H. Luke Shaefer

Journey to a Fully Refundable Tax Credit in the United States
Read more about "H. Luke Shaefer"
November 5, 2020

Eduardo Montero

Cooperative Property Rights and Development: Evidence from Land Reform in El Salvador
Read more about "Eduardo Montero"
October 01, 2020

Tawanna Dillahunt and Julie Hui

Technological Support for Entrepreneurship Among Marginalized Communities
Read more about "Tawanna Dillahunt and Julie Hui"
September 10, 2020

Jeremy Kress

Domesticating Foreign Violence
Read more about "Jeremy Kress"

Have any questions?