University of Wisconsin–Madison
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The Center for Research on the Wisconsin Economy (CROWE) supports and disseminates economic policy research, with a particular focus on the Wisconsin economy and state-level economic policy issues.

Featured

Our featured stories from CROWE are showcased here at the top of our page. If you are looking for additional research, please continue down this page or use our search feature.

inflation

What inflation took from Wisconsin households and who keeps the change?

the UW crest

UW–Madison is a top research university charging a resident price that ranks 12th-lowest of the 38 public AAU universities, because for a decade that price was frozen by political decision rather than set by the economics of the enterprise.

Healthcare

Hospital prices have risen far faster than wages or general inflation, placing real burdens on Wisconsin employers, workers, and the state’s long-term competitiveness. This report takes a measured look at the data and a practical policy path forward.

Additional Research

Additional research is also categorized under “Topics” in the menu navigation.

A hand stamp with the words income tax on it

Wisconsin State Legislature recently unveiled a tax cut plan which (among other initiatives) expands the state’s second income tax bracket to cover higher earners. We present a comprehensive model of the Wisconsin economy and its tax system to account for the behavioral responses from households and firms.

close up on graduation cap and tassel with a hanging Bucky Badger charm

Economic Opportunities, Trade-offs, and Statewide Impacts

Aerial view of Camp Randall Stadium

Wisconsin football posted back-to-back losing seasons (5-7, 4-8) for the first time since 1991-92. This report traces the collapse to the NIL era’s structural transformation — and the economic effects are already emerging in Dane County.

An outline of the state of Wisconsin in burlap

Exact Sciences’ relocation to Madison has driven a total economic impact of ~20,650 jobs and $6-7 billion in added GDP for Wisconsin — roughly 1.7-2% of the entire state economy. Released just ahead of the Abbott acquisition.

a solid red outline of the state of Wisconsin

The net inflow of income to Wisconsin due to interstate migration remained negative over the past decade.

In black letters over a grey background are the words The Economics of UW-Madison A CROWE White Paper Series

This multi-part white paper series covers issues of salience to UW-Madison and the state of Wisconsin.

Aerial view of Camp Randall Stadium

The University of Wisconsin-Madison’s Badger Football program serves as a critical revenue engine for the Athletics Department, generating roughly $60 million in annual profits. Yet, its on-field performance has declined sharply, with winning percentages plummeting from over 90% in 2017 to below 50% in 2024—the program’s worst record since 2001. If the poor performance persists, it could reduce the program’s profit by around $20 million per year, threatening other subsidized sports, alumni donations, student applications, research output, and the university’s overall ranking.

graduation tassel

Headline rankings got it wrong. UW-Madison crushes in majors that actually pay: #1 in Wisconsin in all 15 fields over $96k, and leads 48 of 72 overall. Majors > myths.

the word tariffs spelled out on scrabble tiles

Sustained tariff hikes against Canada, China and Mexico and retaliatory tariffs will have a negative impact on the Wisconsin economy.