12.18.19. Noah Williams. In 2017 the state of Wisconsin agreed to an unprecedented agreement, both in the scale of the project and the accompanying state subsidies, for a planned large-scale manufacturing plant by Foxconn.
Wisconsin Economy
Faulty Data Driving the Manufacturing “Recession” in Pennsylvania and Wisconsin
12.5.19. Noah Williams. Nationwide there has been a slowdown in manufacturing employment in 2019, and the decline seemed to be especially strong in Pennsylvania and Wisconsin.
The Uneven Effects of Chinese Tariffs
11.10.19. Kim Ruhl. As part of the escalating trade war, the Chinese government increased substantially the tariffs it levies on a range of products exported from the United States. Trade policy is applied at a national level—a good entering China from the United States is tariffed the same regardless of where it was produced within the United States.
Potential Medicaid Expansion in Wisconsin: New Estimates of costs and Benefits for Health Care Providers and the Privately Insured
6.25.19. Junjie Guo and Noah Williams. We provide new evidence on the potential impact of Medicaid expansion on health care providers and the privately insured in Wisconsin.
Marginal Tax Rates and Individual Income Tax Reforms in Wisconsin
5.10.19. Junjie Guo and Noah Williams. Wisconsin has a progressive individual state income tax system, which features increasing marginal tax rates (the tax rate on the last dollar earned) as income rises. However other aspects of the tax code, such as the earned income tax credit (EITC) and standard deduction, change the effective marginal tax rate that taxpayers face.
Private Health Care Spending and Medicaid Expansion: Evidence for Wisconsin
4.16.19. Gwyn Pauley and Matt Wiswall. This report estimates the costs and savings of the proposed Medicaid expansion in Wisconsin.
Business Dynamism in the U.S. and in Wisconsin
3.28.19. Simeon Alder. The decline of business dynamism in the United States has garnered considerable attention in recent years. Academic research has highlighted various aspects of this decline in dynamism,
among them the rise in market share concentration, the aging of firms, the rise in mark-ups, or the disappearance of young, high-growth firms. In this report, we review the available data with a particular focus on Wisconsin’s entrepreneurial activity.
The Impact of Medicaid Expansion
2.19.19. Will Flanders and Noah Williams. Medicaid expansion in Wisconsin will be a major topic of debate in this year. Currently in Wisconsin, those earning up to 100% of the federal poverty limit are eligible for Medicaid.
Forecasting the U.S. and Wisconsin Economies in 2019
11.8.19. Junjie Guo and Noah Williams. This paper provides forecasts for the United States and Wisconsin economies in 2019. We use a mixed-frequency vector auto-regression (MF-VAR) model that has been previously applied to forecast the national economy, which we extend to also consider the state of Wisconsin.
The Impact of Income Tax Reductions in Wisconsin
12.19.18. Junjie Guo and Noah Williams. On June 30, 2013, Wisconsin Act 20, which reduced the state’s personal income tax rates for the first time since 1999 and eliminated a tax bracket, was signed into law. This reform was later followed by 2013 Wisconsin Act 145, which further reduced the marginal tax rate for the bottom income bracket.