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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Joshua Drucker is an Assistant Professor in the Urban Planning and Policy Department in the College of Urban Planning and Public Affairs at the University of Illinois at Chicago. His research interests center around processes of regional economic development and transformation. Recent projects include examining the role of industrial competition within regional economies, analyzing the contributions of anchor institutions to economic performance and resilience, and investigating innovation districts as an urban economic development strategy. Drucker has worked as an economic development consultant and researcher for the Technology Partnership Practice of the Battelle Memorial Institute, the North Carolina Department of Commerce, and the Southern Growth Policies Board.

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Tatyana Deryugina’s research interests are in the fields of environmental economics, public finance, and behavioral economics. She has expertise in key environmental problems such as air and water pollution, climate change, natural disasters, and the effect of policies that address these issues on businesses and other social entities. Deryugina’s recent work has focused on evaluating the long-run economics impacts of Hurricane Katrina on the residents of New Orleans, studying how weather fluctuations affect incomes in the U.S., and evaluating the role of scientific opinions on laypersons’ beliefs about climate change.

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Kathy Baylis is an associate professor in the department of Agricultural and Consumer Economics at the University of Illinois. She joined the department after several years as an assistant professor at the University of British Columbia where she remains an adjunct faculty. She earned her PhD from the University of California at Berkeley in 2003, where she specialized in international agricultural policy and trade. Her current research evaluates agriculture, food and conservation policy in developing countries and the United States. In 2001-02, Kathy was the staff economist in charge of agriculture and forestry for the Council of Economic Advisors in the White House, and in the mid-1990s, she worked as Executive Secretary of the National Farmers Union in Canada. Professor Baylis has helped bring in over $25 million in grants, and has supervised over 20 graduate students and 4 post docs. She has published more than 40 journal articles and book chapters on agriculture, forestry and environmental policy. She has also coauthored a textbook on Canadian-U.S. agricultural policy, which is used at universities in Canada and the United States.

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Consequences of Inaction

Authors

  • Andrew Crosby

New analysis by the Fiscal Futures Project finds that Illinois’ budget impasse has put spending on autopilot while revenue is down significantly. This perfect storm of decreased revenue and uncoordinated spending is causing uneven allocations and exacerbating an already massive budget deficit. 


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Life at the edge

Authors

  • Cedric Herring

Chapter 4 of The Illinois Report 2013

This report examines precarity and economic insecurity in the United States and Illinois. Precarity is a condition that exists when there is little predictability or security with respect to a person’s material well-being or psychological welfare. The author provides an overview of patterns that undergird precarity by presenting trends in economic well-being before, during and after the Great Recession.


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Rethinking property taxation

Authors

  • Nathan B. Anderson
  • Rob Ross

Chapter 3 of The Illinois Report 2013

This report takes a look at local governments’ biggest source of revenue: property taxes. The authors provide a primer on how the taxes are calculated, and new formulas for understanding an individual’s tax share. The authors also propose an alternative format for local property tax statements that can be used to better communicate answers to taxpayers who wonder why their property tax liability has changed.


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And miles to go before it's balanced

Authors

  • Nancy Hudspeth
  • Andrew Crosby

Chapter 2 of The Illinois Report 2013

This report discusses decisions that must be made now to set the state budget on a path toward balance. The authors observe that although progress has been made toward sustainability through policies implementing cost reductions (especially in health care) and increased revenue (through income and cigarette taxes), the state will need to focus on a longer-term strategy going forward.


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After the Great Recession, where is the Great Recovery?

Authors

Chapter 1 of The Illinois Report 2013

This report provides a broad overview of trends in economic growth that demonstrate a slow but steady recovery from the Great Recession. The state still faces a precarious situation with stagnant job growth. Economic development, and especially job growth, will continue to be a focus for the recovery in 2013.


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Illinois' pension puzzle

Authors

Chapter 5 of The Illinois Report 2012

This report examines the state of public pension systems in Illinois entering 2012.


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Through a dark glass

Authors

  • Nancy Hudspeth

Chapter 4 of The Illinois Report 2012

This report examines the fiscal conditions in Illinois heading into 2012, considering a temporary increase in the state income tax, a long-term budget projections, budget transparency and policy options that could make state financial reports more transparent.


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