Richard F. Dye

Richard Dye has been on the IGPA faculty since 1990. His research and public service activities have focused on state and local government finance as it relates to economic development.

Professor Dye initiated IGPA's study of the impact of property tax caps on the Illinois collar counties since 1991 and a study of the impact of tax increment financing on local economic development in Illinois. Both of these projects led to a number of research papers and public presentations. He has written on the impact of property tax classification on business activity, voter preferences for the equalization of school property taxes, earmarking revenues for specific public expenditures, the growth and stability of different state revenue sources, and the impact of stadiums and professional sports on local development.

Professor Dye retired from Lake Forest College in 2007 after 24 years in the school's Department of Economics. His administrative experience includes four years as chair of the Department of Economics and Business at Lake Forest College and a year as president of the Illinois Economic Association. Prior to going to Lake Forest College, he taught at Bowdoin College and was a research economist at the Social Security Administration under a Brookings Institution Economic Policy Fellowship.

Professor Dye received an A.B. from Kenyon College and a M.B.A. and a Ph.D. in economics from the University of Michigan. His dissertation was judged by the National Tax Association to be "The Outstanding Doctoral Dissertation in Government Finance and Taxation" in 1977.

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