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Economics and finance

Showing 1 - 27 of 27 results
In the Media

Dominguez breaks down how exchange rates impact inflation

Jan 13, 2023 BBC
Kathryn Dominguez, BBC: "We saw this really dramatic appreciation of the dollar when the US was really moving most forcefully against inflation earlier in 2022. As exchange rates stabilize, that kind of moving of inflation from one country to...
News

Stamps students join Detroit Neighborhood Entrepreneurs Project

Jul 12, 2022
Students from the University of Michigan's Penny Stamps School of Art and Design spent a part of their summer in the city of Detroit, gaining valuable experience as interns in the Detroit Neighborhood Entrepreneurs Project (DNEP) + Impact Studio for...
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 York...
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 a...
News

Applying academic skills to real-world business challenges

Jun 29, 2021
Small businesses in Detroit, as across the country, have had to make major adjustments to survive the COVID-19 pandemic economic downturn. A cadre of students from U-M have been able to work with many of these businesses through an internship...
In the Media

Harris analyses digital dollars

May 23, 2021 St Louis Post-Dispatch
With technology becoming more and more prevalent in our daily lives, the Federal Reserve has started researching the potential of digital dollars. Adrienne Harris, professor of practice at the Ford School, gave some insight on how different...
In the Media

Harris discusses financial inclusion and earned wage access

Mar 22, 2021 Future of Pay Podcast
Adrienne Harris sits down with the  Future of Pay podcast to discuss ways to increase financial inclusion, earned wage access, and the fixed pay cycle. "The fact that people get paid every two weeks or every month is really born of an arcane system...
News

Barr and Harris call for more inclusive payments systems

Oct 26, 2020
Ford School Dean Michael Barr and professor of practice Adrienne Harris say the technologies  of the “payments revolution,” which enable people to make payments and access bank accounts more easily, can also lead to greater financial...
CFLP Blue Bag Lunches

CFLP blue bag lunch talk with Prof. Jeffery Zhang

Feb 1, 2023, 12:00-1:00 pm EST
Professor Jeffery Zhang from Michigan Law will be speaking at our February blue bag lunch talk on Wednesday, February 1 at 12pm. The talk will be virtual on Zoom. Please register here by January 31. 
CFLP Blue Bag Lunches

Insider giving

May 6, 2021, 12:00-1:00 pm EDT
Professor Nejat Seyhun will discuss a new paper on "insider giving," as a potent substitute for insider trading due to lax reporting requirements and legal restrictions.
CFLP Blue Bag Lunches

Domesticating foreign finance

Sep 10, 2020, 12:00 pm EDT
More than a decade after the 2008 financial crisis, U.S. policymakers still have not adequately addressed one of the primary causes of the crash: foreign banks.

Data Privacy and Portability in Financial Technology Symposium

Feb 23, 2019, 8:30 am-5:00 pm EST
Jeffries Hall Room 1225
The Data Privacy and Portability in Financial Technology Symposium celebrates the Michigan Technology Law Review’s 25th Anniversary by hosting an event dedicated to cutting-edge scholarship at the intersection of technology and the law. Specifically, this symposium is designed to examine the inherent tensions between securing privacy rights and the ease at which transactions occur, facilitated by new innovative technologies.
CFLP Blue Bag Lunches

Effects of team membership on pro-social lending in online microfinance: Large-scale field experiments on Kiva

Dec 6, 2018, 12:00-1:00 pm EST
South Hall 0220
This will be a presentation of two large-scale field experiments designed to test the hypothesis that group membership can increase participation and pro-social lending for an online crowdlending community, Kiva. The first experiment uses variations on a simple email manipulation to encourage Kiva members to join a lending team, testing which types of team recommendation emails are most likely to get members to join teams as well as the subsequent impact on lending. We find that emails do increase the likelihood that a lender joins a team, and that joining a team increases lending in a short window following our intervention. The impact on lending is large relative to median lender lifetime loans. We also find that lenders are more likely to join teams recommended based on location similarity rather than team status. Our results suggest team recommendations can be an effective behavioral mechanism to increase pro-social lending. In a second field experiment, we manipulate forum messages to explore the underlying mechanisms for teams to be effective. 
CFLP Blue Bag Lunches

Private financing of public infrastructure: Will digital finance open the floodgates?

Oct 4, 2018, 12:00-1:00 pm EDT
South Hall Room 0220
Historically, public infrastructure systems such as roads, water utilities, and schools are financed using a combination of tax revenue, government and revenue-backed bonds. This system has repeatedly fallen short due to insufficient tax revenue and political aversion towards funding “social infrastructure”. Especially for schools, the access to quality infrastructure is highly correlated (in the US) to poverty, stemming from property values, credit worthiness and other factors. A recent bill (not passed) required a 1:6 leverage of federal with state and private finance, compared to 1:12 in Europe and 1:30 proposed under the Climate accords. Either infrastructure has not been built or upgraded, or private capital has stepped in the breach. At the Center for Smart Infrastructure Finance, we're asking whether data-driven models can close the gap by taking advantage of the internet of things (IoT): smart sensors that deliver information which can be monetized. This seminar will explore how private financing models that leverage digital data supply chains to attract 'efficient capital' (e.g. insurance, options trades, debt securities, variable interest rate bonds) can be adapted to financing public infrastructure while limiting recourse to the citizens that use it, and leveling the economic disparities of access.

Nejat Seyhun: Insider Giving

May 17, 2021 0:59:20

“Insider giving” is a potent substitute for insider trading. Professor Seyhun and co-authors S. Burcu Avci, Cindy A. Schipani, and Andrew Verstein show that insider giving is far more widespread than previously believed.