RSQE is an economic modeling and forecasting unit that has been in operation at the University of Michigan since 1952, having been founded by Nobel Laureate Lawrence Klein. RSQE forecasts both the United States and Michigan economies, and is a regular participant at the state of Michigan's semiannual Consensus Revenue Estimating Conference. It is the longest continuously-running academically-based macroeconomic modeling and forecasting program in the nation.
As director, Ehrlich will oversee RSQE's forecasts and operations, and will also lead efforts to enhance its outreach to stakeholders in business, government, and the academic community.
Ehrlich has previously worked as a financial analyst in the mortgage finance industry and as an analyst in the Financial Analysis Division of the Congressional Budget Office, where he helped to forecast interest rates and studied mortgage finance issues.
Ehrlich earned a Bachelor of Arts degree in Economics and a Bachelor of Science degree in Finance at the University of Maryland, and a Master of Arts degree and a Ph.D. in Economics at the University of Michigan.
Ehrlich's research interests are in the macroeconomics of the labor market and urban and regional economics. He was a coauthor of a recent study in the New England Journal of Medicine on the "Economic Effects of Medicaid Expansion in Michigan."
Ehrlich replaces retiring director and research professor George A. Fulton, who has been forecasting economic and fiscal activity in the state of Michigan annually for over three decades.