The effect of economic downturns on state budgets: a counterfactual analysis of the great recession

2020 ◽  
pp. 1-8
Author(s):  
Christian Buerger
2020 ◽  
Vol 34 (1) ◽  
pp. 105-124
Author(s):  
Byron Marlowe ◽  
Tianshu Zheng ◽  
John Farrish ◽  
Jesus Bravo ◽  
Victor Pimentel

PurposeThe purpose of this study was to create a more balanced, comprehensive and valid illustration of the relationships between casino gaming volume and employment during economic downturns in urban and rural locations in nondestination gaming states.Design/methodology/approachThis study analyzes gaming volumes and employment prior, during and after the recession of 2007–2009, using a time series with intervention analysis on a monthly coin in, table drop and regression analysis on employment impacts of casinos.FindingsFindings indicate that while there was a slight drop in gaming revenue and employment figures during the economic downturn, nondestination gaming locations such as Indiana proved relatively resilient to an economic downturn.Originality/valueThe Great Recession had no significant impact on gaming volume because gamblers chose to spend their more limited entertainment dollars on less expensive gaming options; in other words, casinos closer to home requiring the expenditure of fewer dollars on travel and/or hotel rooms. The current pandemic and pressures of the macro-environment again threaten the US gaming and casino market with an economic downturn and the results of this study are as timely as ever for hospitality professionals and social scientists to understand the behavior of casinos in recessionary environments.


2020 ◽  
pp. 107755872090923 ◽  
Author(s):  
Joseph Benitez ◽  
Victoria Perez ◽  
Eric Seiber

Medicaid enrollment increases during economic downturns which imply households using the public health insurance program during coverage gaps due to job loss. However, we provide new evidence demonstrating that the Medicaid program’s countercyclical protections against economic downturns are largely concentrated in states with more generous Medicaid eligibility criteria for adults. We exploit the timing of the 2007-2009 Great Recession to compare trends in recession-linked Medicaid enrollment between states with more generous Medicaid eligibility guidelines and states with more restrictive guidelines. For similar effects of the recession, Medicaid enrollment grew larger states in with more generous Medicaid programs. Our work suggests for every 100 people becoming unemployed in states with a restrictive Medicaid program, about 96 would be uninsured, and about 11 would enroll in Medicaid. Conversely, about 49 would be uninsured in a state with more generous Medicaid guidelines and 57 would enroll in Medicaid.


2019 ◽  
Author(s):  
Noam Gidron ◽  
Jonathan Jan Benjamin Mijs

Political developments since the 2008 financial crisis have sparked renewed interest in the electoral implications of economic downturns. Research describes a correlation between adverse economic conditions and support for radical parties campaigning on the populist promise to retake the country from a corrupt elite. But does the success of radical parties following economic crises rely on people who are directly affected? To answer this question, we examine whether individual-level changes in economic circumstances drive support for radical parties across the ideological divide. Analyzing eight waves of panel data collected in The Netherlands, before, during, and after the Great Recession (2007–2015), we demonstrate that people who experienced an income loss became more supportive of the radical left but not of the radical right. Looking at these parties’ core concerns, we find that income loss increased support for income redistribution championed by the radical left, but less so for the anti-immigration policies championed by the radical right. Our study establishes more directly than extant research the micro-foundations of support for radical parties across the ideological divide.


Author(s):  
Andrew Barr ◽  
Sarah E. Turner

The Great Recession heightened a growing conflict in the United States between expanding enrollments in postsecondary education and contracting public budget support. Weak labor market conditions during the Great Recession encouraged college enrollments, with much of the increase in enrollment occurring outside the most selective institutions. While federal aid policies, including the Pell grant, became more generous, dramatic reductions in state budget allocations made it difficult for colleges and universities to maintain programming and accommodate student demand. As a result, the Great Recession has accelerated the cost-shifting from public subsidies to individual payments in higher education.


2019 ◽  
Vol 35 (5) ◽  
pp. 637-650 ◽  
Author(s):  
Noam Gidron ◽  
Jonathan J B Mijs

AbstractPolitical developments since the 2008 financial crisis have sparked renewed interest in the electoral implications of economic downturns. Research describes a correlation between adverse economic conditions and support for radical parties campaigning on the populist promise to retake the country from a corrupt elite. But does the success of radical parties following economic crises rely on people who are directly affected? To answer this question, we examine whether individual-level changes in economic circumstances drive support for radical parties across the ideological divide. Analysing eight waves of panel data collected in the Netherlands, before, during, and after the Great Recession (2007–2015), we demonstrate that people who experienced an income loss became more supportive of the radical left but not of the radical right. Looking at these parties’ core concerns, we find that income loss increased support for income redistribution championed by the radical left, but less so for the anti-immigration policies championed by the radical right. Our study establishes more directly than extant research the micro-foundations of support for radical parties across the ideological divide.


2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
R H Jenkins ◽  
E P Vamos ◽  
D Taylor-Robinson ◽  
C Millett ◽  
A Laverty

Abstract Background The 2007-2009 Great Recession significantly impacted global economies, industries, and individuals around the world, with a potential impact on health behaviours including dietary intake. Given the global reach and severity of the Great Recession, changes in food intakes may impacted health and health inequalities internationally. We conducted a systematic review examining whether the Great Recession had an impact on food intakes. Methods We searched MEDLINE, Embase, PsycINFO, Health Management Information Consortium (HMIC), CINAHL and Web of Science databases, along with relevant grey literature, in June 2020. Primary quantitative studies with the Great Recession as the exposure and food intake as the outcome and with two time points were eligible for inclusion in this review, assessed independently by two reviewers. The Newcastle Ottawa scale was used for quality assessment. The study was registered with PROSPERO (CRD42019135864). Results Forty-one studies from twenty-five countries were included in this review. Studies were heterogeneous in methods and results. Nine of ten studies on energy intake found that total energy intake decreased over the recession. Eight of eleven studies on dietary quality found that the recession was associated with poorer diet. Thirty-four studies assessed impact on individual food groups. They found that consumption of fruits and vegetables, meat and fish, and fast food, confectionery and soft drinks generally decreased while egg and legume consumption increased and carbohydrate consumption exhibited little change. The impact was generally greater on those of lower socio-economic position. Conclusions While our review presents mixed findings about the impact of the Great Recession on food intake, there is consistent evidence of a negative impact on diets. Identifying effective policies which mitigate adverse changes in nutrition during economic downturns should be prioritised at the national and international level. Key messages Our systematic review of the Great Recession and food intakes demonstrates potential relationships between economic downturns and nutrition – these relationships may be important for health globally. Our systematic review demonstrates that it is important for policy-makers and public health professionals to consider mitigating potential nutritional impacts during economic recessions.


2017 ◽  
Vol 18 (5) ◽  
pp. 548-567 ◽  
Author(s):  
James Windle

This article analyses 10 years (2004–2014) of An Garda Síochána controlled drug data to investigate the impact of economic recession and globalization on the Irish illicit drug market. The limited international literature on recessions and drug markets suggests that economic downturns can increase both drug consumption and dealing. Gardaí data may, however, suggest that the 2008 Great Recession reduced drug use and dealing, yet increased the cultivation and manufacture of drugs: trends which largely conflict with the international literature. Two testable hypotheses are drawn from the data: (1) net consumption and trade of illicit drugs were reduced by emigration triggered by the Great Recession; (2) the Great Recession forced an adaptation in the market which sped up the process towards import substitution of cannabis cultivation. The article concludes by investigating how recent changes highlight the globalized nature of Irish drug markets before proposing avenues for further research.


2019 ◽  
Author(s):  
Irene Ponzo

Abstract Southern European countries are generally portrayed as lame ducks when it comes to migrant integration. In this article, I will analyse some of the reasons that have led to this outcome including potential biases in migration studies. I argue that Southern European countries in fact hold their own specific ways of incorporating migrants which may be equally or even more positive than those of older immigration countries. At the same time, I maintain that they appear rather heterogeneous in this regard, questioning the idea of a single Southern European model. I will test these hypotheses by comparing Italy, Spain, Portugal, and Greece with some Western European older immigration countries and by observing the trends of migrant incorporation during the Great Recession which started in 2008. The economic crisis is here regarded as both a factor of change and a ‘stress test’ of the actual robustness of migrant incorporation in the target countries. The empirical data are framed in a typology of migrant incorporation modes conceived of as a heuristic tool to conceptualise the processes occurring during deep economic downturns.


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