archive-edu.com » EDU » U » UILLINOIS.EDU

Total: 1146

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • U of I Flash Index holds at 97.8 in July | Institute of Government and Public Affairs
    at 97 8 in July August 1 2011 After 13 consecutive months of increase a key indicator of the economy in Illinois stalled in July The University of Illinois Flash Index held steady at 97 8 reports economist J Fred Giertz who compiles the index for the Institute of Government and Public Affairs Even though there was no increase the unchanged reading may be viewed in a positive way since other measures of the Illinois and national economy have been negative recently Giertz said Unemployment increased in June in Illinois and nationally over the previous month and there was only a modest increase in the Gross Domestic Product in the second quarter of the year Giertz said A reading of 97 8 means the Illinois economy is still in a state of decline Readings below 100 indicate contraction of the economy while a reading of 100 or above signals economic growth The Flash Index reached a recession low of 90 0 in September 2009 and had climbed each month since May of last year Some observers have suggested that these results are transitory because of the impacts on supply chains resulting from the earthquake and tsunami in Japan and because of a spike in energy prices Giertz said of the July index Only time will tell if this analysis is correct After adjustment for the individual and corporate income tax rate increases earlier this year individual and corporate income tax receipts were down slightly in real terms compared to the same month last year while sales tax receipts were up The Flash Index is a weighted average of Illinois growth rates in corporate earnings consumer spending and personal income Tax receipts from corporate income personal income and retail sales are adjusted for inflation before growth rates are calculated The growth

    Original URL path: http://igpa.uillinois.edu/flash-index/2011/july (2016-02-17)
    Open archived version from archive


  • IGPA analysis of recently passed income tax increase shows budget gap reduced but not eliminated | Institute of Government and Public Affairs
    Fiscal Futures Flash Index About Archive Illinois Budget Policy Toolbox Illinois Economic Review Opinion Monitor Trends in Racial Attitudes Library Policy Forum Search Programs Events Douglas Ethics Award Edgar Fellows Program NEW Leadership Illinois IGPA State Summit Family Impact Seminars 2015 Seminar 2014 Seminar 2013 Seminar 2012 Seminar 2011 Seminar 2010 Seminar 2009 Seminar Study Centers Office of Public Leadership Regional Economics Applications Laboratory IGPA analysis of recently passed income tax increase shows budget gap reduced but not eliminated Analysis by IGPA economists Richard Dye left and David Merriman of the income tax increase passed by the General Assembly and signed into law by the governor last week finds that while the new tax policies will reduce projected budget gaps significantly the budget shortfall won t be eliminated Merriman and Dye applied the Fiscal Futures model to the parameters of the new tax policies Read the analysis Related Content The Sunday Spin Director Mooney recaps POTUS visit to Springfield Jim Edgar to receive Champion of Democracy recognition Director Chris Mooney compares budget less states of Illinois and Pennsylvania Search the web Search igpa uillinois edu Search igpa uillinois edu library IGPA Site IGPA Library The Institute of Government and Public

    Original URL path: http://igpa.uillinois.edu/press/FF5-Jan182011 (2016-02-17)
    Open archived version from archive

  • IGPA's Fred Giertz discusses Obama stimulus package | Institute of Government and Public Affairs
    Seminars 2015 Seminar 2014 Seminar 2013 Seminar 2012 Seminar 2011 Seminar 2010 Seminar 2009 Seminar Study Centers Office of Public Leadership Regional Economics Applications Laboratory IGPA s Fred Giertz discusses Obama stimulus package IGPA economist J Fred Giertz discusses the president elect s economic stimulus proposals in this interview with WCIA WCFN TV Related Content Illinois Economic Review forecasts some job shrinkage in coming 12 months Illinois Economic Review shows

    Original URL path: http://igpa.uillinois.edu/analysis/giertz-stimulus-plan (2016-02-17)
    Open archived version from archive

  • IGPA economists weigh in on Obama stimulus proposals | Institute of Government and Public Affairs
    policy effectiveness problems and sequencing chicken and egg problems I second Dan s point about the primacy of monetary policy in normal times but the ineffectiveness in a major downturn as we are currently experiencing I ve always liked the simile that in trying to use monetary policy in times like these is like pushing on a string As measured by short term bank to bank interest rates monetary policy is already very expansionary The other thing holding monetary policy back is the crisis of confidence in financial institutions and in assessing risk The old institutional arrangements don t apply The old risk assessment models don t apply So even with low rates for Fed supplied credit we still can t get low rate loans as consumers or business That leaves fiscal policy to increase spending It s a political rather than an economic judgment but including business tax cuts seems a wise move If businesses are unable to get credit because of the risk and uncertainty issues then increasing their cash flow with more immediate loss carry backs would allow businesses to spend when they otherwise would not be able to do so A more important motivation for business spending than the liquidity crisis is current and expected consumer spending businesses spend in anticipation of future sales and future profits This exposes the more fundamental chicken and egg problem consumer spending drives the economy Consumer tax cuts especially those targeted to lower income families do seem to be the best way to increase total spending and start an upward spiral but I remain very skeptical that even such a large and bold plan as this will get us out of the hole we re in within a year These are structural and confidence problems that are not amenable to short term correction Fred Giertz The old adage that there are no atheists in foxholes has been adapted to the current economic crisis to suggest that There are no non Keynesians in economic policy positions The traditional Keynesian prescription for an economic downturn on the fiscal policy front is more spending and or lower taxes and on the monetary front an expanded money supply and lower interest rates For good or for ill policy makers want to be proactive in regard to the economy Intervention not restraint sells politically No one wants to appear like the caricature of an impassive Herbert Hoover during the Great Depression It can be argued that Roosevelt s policies in the 1930s were not particularly effective but he clearly is remembered in a favorable light for his aggressive actions The problem with analyzing the stimulus package relates to a fundamental problem in economics the poverty of macroeconomics Economists do not really know what caused the current crisis and why it is so much more severe than recent downturns It is difficult to analyze the efficacy of a stimulus package when no one is sure exactly what the problem is The last couple of decades economists

    Original URL path: http://igpa.uillinois.edu/analysis/econ-stimulus-plan (2016-02-17)
    Open archived version from archive

  • IGPA panel analyzes results of the 2008 election | Institute of Government and Public Affairs
    Seminar 2010 Seminar 2009 Seminar Study Centers Office of Public Leadership Regional Economics Applications Laboratory IGPA panel analyzes results of the 2008 election A panel of experts led by IGPA Distinguished Fellow Jim Edgar analyzes the outcome of the Nov 4 general election for a luncheon audience in Springfield on Nov 6 Video is courtesy of Illinois Channel Watch the panel discussion Related Content Illinois Economic Review forecasts some job

    Original URL path: http://igpa.uillinois.edu/analysis/post-election-panel (2016-02-17)
    Open archived version from archive

  • The Constitutional Convention Question | Institute of Government and Public Affairs
    call for a Constitutional Convention the next step would be to elect delegates and provide funding The Constitution specifies that two delegates will be elected from each of the 59 legislative districts 118 total Delegates must meet the same eligibility requirements as those for members of the General Assembly 21 years of age and 2 years of residence in the district Read more about the Con Con process from IGPA s Kent Redfield More Resources Read an essay by IGPA s Brian Gaines favoring a new convention Results from an Illinois Opinion Monitor survey of voters conducted earlier this year Will Illinois Hold a Constitutional Convention A paper by Professor Ann Lousin of the John Marshall Law School Reprinted here with permission pdf Column by IGPA s J Fred Giertz published in April 2008 See the Constitutional Convention chapter in The Illinois Report 2008 pdf View Part One of an interview with IGPA Director Emeritus Sam Gove Sam was instrumental in organizing and operating the 1970 constitutional convention He discusses what that convention was like View Part Two of the interview with Sam Gove Sam talks about reasons some are advocating a new convention this year View Part Three of

    Original URL path: http://igpa.uillinois.edu/analysis/ConCon (2016-02-17)
    Open archived version from archive

  • NEWLeadership 2010 - A Great Experience for College Women - June 6-11 - UIC | Institute of Government and Public Affairs
    IGPA State Summit Family Impact Seminars 2015 Seminar 2014 Seminar 2013 Seminar 2012 Seminar 2011 Seminar 2010 Seminar 2009 Seminar Study Centers Office of Public Leadership Regional Economics Applications Laboratory NEWLeadership 2010 A Great Experience for College Women June 6 11 UIC Rep Patricia Bellock R Westmont and Rep Elaine Nekritz D Des Plaines of the Conference of Women Legislators talk about the NEWLeadership TM Illinois program Applications for the 2010 program will be accepted until Friday March 12 2010 The program will be June 6 11 at the University of Illinois at Chicago Learn more and apply by visiting the NEWLeadership TM section of this website Rep Patricia Bellock R Westmont and Rep Elaine Nekritz D Des Plaines of the Conference of Women Legislators talk about the NEWLeadership TM Illinois program Applications for the 2010 NEWLeadership Illinois program will be accepted until Friday March 12 2010 extended from the March 1 date on the video The 2010 program will be June 6 11 at the University of Illinois at Chicago Learn more and apply by visiting the NEWLeadership TM section of this website Content Taxonomy Research Related Content Revenue spending at midpoint of FY16 Illinois economic slowdown is consistent

    Original URL path: http://igpa.uillinois.edu/media/newl-2010 (2016-02-17)
    Open archived version from archive

  • Web 2.0 Social Media Presence Among Candidates for Statewide Office in Illinois | Institute of Government and Public Affairs
    standing in terms of social media activity within social media with their standing in statewide polls Recent statewide polls indicate Republican gubernatorial candidates Jim Ryan Andy McKenna and Bill Brady may be in a tight race but in terms of social media activity there is not the same clustering near the top In this area of social media Ryan led candidates from both parties with 16 percent of the total messages on Twitter and Facebook while his fellow front runners were seeing activity only in single digits The two Democratic candidates for governor have not had the level of social media activity of the other candidates for U S Senate and governor Although running a distant third behind Democratic U S Senate candidate Alexi Giannoulias in the polls fellow Democrat David Hoffman had 15 percent of the Twitter and Facebook activity to be second among all major party candidates for both offices and Republican gubernatorial candidate Adam Andrzejewski while only polling in single digits was third with 12 percent Since the earlier report in late December the public has started to focus on the campaigns for the U S Senate and governorship Not only are we seeing debates and yard signs and television advertising we are now also seeing increased activity in the social media area Cheney said The emergence of some of the better known candidates in a number of areas of social media is a reflection of how the campaigns are now starting to leverage all of their resources for the upcoming primary to generate turnout One area explored in this report is the nature of the interaction between candidates and supporters fans donors on social media what is sometimes described as web 2 0 A truly interactive candidate Cheney noted would have at least five or six

    Original URL path: http://igpa.uillinois.edu/media/social-media-2-2010 (2016-02-17)
    Open archived version from archive