Economic Policy

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

Quote: 
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.
Quote Photo: 

Can slow and steady win the race?

Authors

This is Chapter 1 of The Illinois Report 2014. 


Download

(.PDF 376.37 KB)

Research Area: none

Policy Initiative: none

Share:

The Illinois Report 2014

Authors

  • Christopher Lubienski
  • Jennifer A. Delaney
  • Nancy Hudspeth
  • Daniel H. Karney
  • Hillary L. Rowe
  • Karina Garcia
  • Elizabeth Calhoun

The Illinois Report 2014 is an examination of critical issues facing the state of Illinois. For each of these issues, we examine the current status, draw comparisons with national and regional trends and offer some possible solutions. 


Download

(.PDF 2.04 MB)

Research Area: none

Policy Initiative: none

Share:

No Magic Bullet: Constructing a Roadmap for Illinois Fiscal Sustainability

Authors

  • Chuanyi Guo
  • Di Qiao

The state of Illinois finally ended its two-year budget impasse in July 2017 but continues to face a structural fiscal imbalance. We use comprehensive data supplied by the Illinois Comptroller to construct a time series showing Illinois state revenue and expenditures on a consistent basis since FY1998. We find that during this period Illinois’ expenditures have grown faster than its revenue and the state has had large budgetary gaps, with spending significantly exceeding sustainable revenue, since FY2000.


Download

(.PDF 486.55 KB)

Research Area: none

Policy Initiative: none

Share:

Related News

U of I Flash Index climbs to 104.4 for January

Authors

The University of Illinois Flash Index measure of the Illinois economy remained in the same slow-growth range in January that it’s been in for more than a year. The January reading of 104.4 was three-tenths of a point higher than December, but within the 104.1 to 104.6 range that the index has occupied since September 2016.


Research Area: none

Policy Initiative: none

Share:

U of I Flash Index ticks down slightly in December

Authors

The University of Illinois Flash Index ticked down slightly in December to 104.1 from November’s 104.2 level. The index has remained in the 104-105 range for the past 18 months, with only one exception, indicating slow and steady growth of the Illinois economy.


Research Area: none

Policy Initiative: none

Share:

U of I Flash Index climb to 104.2 in November

Authors

Strong national growth might be starting to show impact in Illinois, according to a monthly measure of the state’s economy. The University of Illinois Flash Index moved up to 104.2 in November, erasing an October dip to 103.9. The rise brings the index back to the level it was in September. Look at the entire Flash Index history.


Research Area: none

Policy Initiative: none

Share:

U of I Flash Index dips to 5-year low

Authors

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.


Research Area: none

Policy Initiative: none

Share:

U of I Flash Index slips in September

Authors

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.


Research Area: none

Policy Initiative: none

Share:

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.


Research Area: none

Policy Initiative: none

Share:

U of I Flash Index climbs in August

Authors

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.


Research Area: none

Policy Initiative: none

Share: