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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IGPA scholars publish study that indicates crop risk management affects water usage

Authors

Research shows crop insurance increases water use
 

New research has determined that the national crop insurance program to manage crop risk has increased irrigation, further depleting groundwater resources that likely will become more important as our climate becomes more variable.


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Does a carbon policy really burden low-income families?

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Will climate policy disproportionately hurt the poor? Many say yes, but let’s look at the issue more closely. The purpose here is not to decide what’s fair, because readers can decide for themselves. Rather, the purpose is to demonstrate different notions of fairness. For “vertical” distributional effects between those with high- and low-incomes, the conventional view is that carbon policy is regressive (burdens that are a higher proportion of income for those with low income than for those with high income).


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U of I Flash Index rebounds in March

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View the Flash Index Archive

 

The University of Illinois Flash Index bounced back in March after dipping slightly the previous month. The measure of economic activity in Illinois was 104.4 last month, returning to the same level is was in January. The index, which is published by the University’s Institute of Government and Public Affairs, dipped to 104.1 in February.


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Illinois Economic Review - February 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. Highlights from the February report:


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Flash Index slips to 104.1 in February

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The University of Illinois Flash Index, which measures the state's economy, slipped to 104.1 in February, after two consecutive months of increase. The drop from 104.4 in January returns the index to where it stood in November 2016, which was its lowest level since late 2012.

The economy continues to grow - because the readings are above 100, which marks the difference between growth and contraction - but growth in February was slower than the two previous months.


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The Feds giveth and the Feds taketh away

Authors

Governments in Illinois have been forced to spend tens of millions of dollars due to the loss of subsidies in a federal bond program, and could lose hundreds of millions more if the federal budget sequester remains in place, according to an analysis from the University of Illinois Institute of Government and Public Affairs.


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Tools to assess budgetary concerns (Kiwanis presentation)

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This report is a PowerPoint presentation to the Urbana-Champaign Kiwanis by Fiscal Futures Project Director David Merriman that looks at the state budget situation in Illinois and examines tools for assessing the state's fiscal condition.


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U of I Flash Index up for second consecutive month

Authors

The University of Illinois Flash Index of ecomomic activity in Illinois rose to 104.4 in January from its 104.3 level in December. It is the second straight monthly increase after three months of declining readings, but the index has remained between 104 and 105 since last July. Any index reading higher than 100 indicates the state's economy is growing while readings below 100 indicate contraction.


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Illinois Economic Review - December 2016

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 with assistance from Yizhou Zhang and Whayoung Jung 


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Policy Initiative: none

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Illinois Economic Review -- November 2016

Authors

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 with assistance from Yizhou Zhang and Kijin Kim.


Research Area: none

Policy Initiative: none

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