Center for Research on the Wisconsin Economy
12.7.18. Chang Liu and Noah Williams. The United States federal fiscal policy has differential impact across states. We construct a new quarterly state-level dataset that we use to analyze the impact of unexpected changes in federal personal and corporate income taxes.
10.17.18. Noah Williams. In December 2017, Governor Walker signed into law a measure ending the effective mining moratorium in Wisconsin. The new law could usher in a new era of mineral mining in Wisconsin, which has substantial deposits of iron, copper, zinc, gold, and silver.
9.10.18. Ananth Seshadri. The higher education landscape has changed considerably over the past few decades. As government funding for health care has increased in virtually every state in the United States, support for higher education has taken a backseat.
8.29.18. Jacob Goss and Chang Liu. From a panel study of states across the U.S., we find that the individual income tax rate is significantly negatively correlated with per capita personal income growth and contemporaneous state total tax revenue.
6.20.18. Noah Williams. Beginning in 2014, the state of Minnesota began a series of minimum wage increases. By contrast, Wisconsin increased its state minimum wage in 2010 to keep pace with the federal minimum wage, but has not increased it since.
5.9.18. Noah Williams. This paper studies the performance of the Wisconsin economy at the county level in order to understand how different parts of the state fared during the Great Recession and the subsequent recovery. We find strong evidence of convergence in living standards.
2.28.18. Junjie Guo. New businesses are an increasingly important component of growth in output, employment, and productivity. We analyze new data from the U.S. Census Bureau to gain insight on business formations in Wisconsin before, during, and after the Great Recession of 2007-2009.
1.8.18. Junjie Guo and Noah Williams. This paper provides forecasts for the United States and Wisconsin economies in 2018. We use versions of mixed-frequency vector autoregression (MF-VAR) models that have been previously applied to forecast the national economy, which we extend to also consider the state of Wisconsin.
12.7.17. Adam Hal Spencer. Congress is currently considering substantial reform of the United States tax code. One important component of reform which has been largely overlooked is the treatment of corporate income of multinational firms.
10.26.17. Simeon Alder, David Lagakos and Lee Ohanian. The “Rust Belt,” the heavy manufacturing region bordering the Great Lakes, fared worse than any other region of the United States in the post-World War II period in terms of employment and value added.