Economic Policy

Exploration of the intersection of policy and economic trends, public finance, and economic development

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IGPA Experts use cutting edge social science research methods to analyze public policy. Our independent evidence and analysis is non-partisan, data-driven, and based in the best academic scholarship available.
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U of I Flash Index dips to 5-year low

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The University of Illinois Flash Index dipped to a five-year low in October, dropping to 103.9. The fall from 104.2 the previous month dropped the measure of economic activity in Illinois to its lowest point since an identical reading in November 2012. View the full Flash Index archive.


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U of I Flash Index slips in September

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The University of Illinois Flash Index slipped to 104.2 in September, it’s lowest reading since February. The decline from a reading of 104.5 in August may indicate a slight slowing in Illinois’ economic growth.


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Research shows how the Clean Power Plan could reduce local pollution as well as greenhouse gases

Authors

  • Dan Karney

Debate about putting a price on emissions of carbon dioxide and other greenhouse gases has been distracted by political denials that climate change is even happening, or that it is caused by humans. Yet existing U.S. policies are already improving urban air quality and saving lives by controlling emissions of local pollutants like sulfur dioxide, nitrous oxides, and other particulate matter.


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U of I Flash Index climbs in August

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The University of Illinois Flash Index reversed two months of slippage in August, climbing to 104.5 from 104.3 in July. The measure of economic activity in Illinois has remained in the 104-105 range of growth for 14 consecutive months. View the Flash Index history.


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Jon Davis was appointed interim director of IGPA in July 2017 and began his service the following month. Prior to joining the institute, Davis served as head of the nationally acclaimed Department of Accountancy at the University of Illinois at Urbana-Champaign from 2012-2017 and continues to hold the Robert C. Evans Endowed Chair in Business as a professor of accountancy. He is a CPA and he worked at Deloitte, Haskins and Sells in tax before pursuing his Ph.D. Degree at University of Arizona. In addition to his time on the Illinois faculty, he has been a professor at the University of Wisconsin-Madison and the University of Colorado-Boulder. Professor Davis' teaching is primarily in the tax area. His research has addressed topics in auditing and tax, including compliance in regulatory environments, fraud, tax policy, and judgment and decision making in public accounting. His research employs methods and theories from psychology, sociology, evolutionary biology and economics.

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University of Illinois Flash Index dips in July

Authors

The change in Illinois’ income tax rates during July resulted in unusual complications in determining the University of Illinois Flash Index for the month. The index finished the month at 104.3, down only a tenth of a point from June.


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U of I Flash Index retreats in June

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After climbing to a nine-month high in May, the University of Illinois Flash Index retreated a bit in June. The monthly measure of economic activity in Illinois finished the month at 104.4, down from 104.6 a month earlier.


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The Geography of Family Differences and Intergenerational Mobility

Authors

  • Ryan Gallagher
  • Joseph Persky

 


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U of I Flash Index reaches highest level in nine months

Authors

The University of Illinois Flash Index jumped up to 104.6 in May, putting the measure of the Illinois economy at its highest level in the past nine months.

The rise from 104.3 in April represents surprisingly good news from both the national and state economy, said economist J. Fred Giertz, who compiles the Flash Index for the university’s Institute of Government and Public Affairs. The index hasn’t been this high since reaching 104.8 in August 2016.


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Illinois Economic Review - May 2017

Authors

  • Yizhou Zhang
  • Whayoung Jung

The Monthly Illinois Economic Review contains information on national, statewide, and local economic performance by measuring job growth, unemployment, and business activity. This information is compiled by IGPA Economist Geoffrey Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois at Urbana-Champaign. Among the May report highlights: The 12-month forecast shows that Illinois is likely to experience an employment decrease 6,100 jobs by April 2018.

 


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