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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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.


Research Area: none

Policy Initiative: none

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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.


Research Area: none

Policy Initiative: none

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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.


Research Area: none

Policy Initiative: none

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The painfully slow recovery continues

Authors

Chapter 3 of The Illinois Report 2012

This report reviews economic conditions in Illinois at the beginning of 2012.


Research Area: none

Policy Initiative: none

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Declining house prices and property taxes in Illinois

Authors

  • Daniel P. McMillen

Chapter 3 of The Illinois Report 2011

This report reviews evidence of the relationship between property values and taxes, concluding that falling property values do not necessarily lead to lower property taxes.


Research Area: none

Policy Initiative: none

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Titanic and sinking: The Illinois budget disaster

Authors

  • Nancy Hudspeth

Chapter 2 of The Illinois Report 2011

This report reviews the dire fiscal situation facing the state of Illinois at the start of 2011 and examines the difficult policy questions facing state lawmakers and officials.


Research Area: none

Policy Initiative: none

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Illinois' economy: Past trends, current challenges, future prospects

Authors

  • Xuan Yin

Chapter 1 of The Illinois Report 2011

This report reviews economic conditions in Illinois entering 2011.


Research Area: none

Policy Initiative: none

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Race and the Great Recession

Authors

  • Cedric Herring

Chapter 4 of The Illinois Report 2010

This report examines the disproportionate effects of the recession of 2007-2009 on racial minorities.


Research Area: none

Policy Initiative: none

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The regional economies of Illinois

Authors

  • Rafael Angel Vera

Chapter 3 of The Illinois Report 2010

This report examines the Illinois economy from a regional perspective at the beginning of 2010.


Research Area: none

Policy Initiative: none

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Fiscal condition critical: The budget crisis in Illinois

Authors

  • Nancy Hudspeth
  • Daniel P. McMillen

Chapter 2 of The Illinois Report 2010

This report examines Illinois' fiscal condition entering 2010 and presents first results from the Fiscal Futures Project budget forecasting model.


Research Area: none

Policy Initiative: none

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