Faculty member named to president's Council of Economic Advisers
The White House on Monday announced President Obama's appointment of U-M economist Betsey Stevenson as a member of the Council of Economic Advisers.
Stevenson is an associate professor at the Gerald R. Ford School of Public Policy. Her research focuses on the impact of public policies on the labor market, and explores women's labor market experiences, the economic forces shaping the modern family, and the potential value of subjective well-being data for public policy.
The Council of Economic Advisers is charged with offering the president objective economic advice on the formulation of both domestic and international economic policy.
"The Council of Economic Advisers plays a critical role in the development of our nation's economic policy," said Susan Collins, the Joan and Sanford Weill Dean of the Ford School. "Betsey is a very highly regarded labor economist who cares deeply about the application of her work to real-world policy problems. We're pleased and honored that she was chosen for this distinguished service."
Stevenson, who will take a leave from U-M to serve on the council, was chief economist for the U.S. Department of Labor in 2010-11 and a former research associate with the National Bureau of Economic Research. She also was a fellow of the Ifo Institute for Economic Research in Munich and serves on the board of directors of the American Law and Economics Association.
Stevenson is a graduate of Wellesley College and earned her doctorate from Harvard University. Her work has appeared widely in leading economics journals about the impact of public policies on the labor market, with a focus on women and families.