Students analyzed the Sauk County Adult Treatment Court and the Substance Use Diversion and Support program.
Research
University of Wisconsin-Madison Climate Action Plan: A Cost-Benefit Analysis of the Campus Fleet
Students analyzed three scenarios of replacing the existing UW-Madison vehicle fleet with hybrid and/or electric vehicles (EV).
Cost-Benefit Analysis of Consolidating Municipal Water Utilities in Wisconsin: A Case Study in Dane County
Using cost-benefit analysis, students assessed the feasibility of consolidating municipal water utilities in Dane County, WI.
Child Savings Accounts in Wisconsin: A Cost-Benefit Analysis
Students assessed the long-term costs and benefits of investment in universal child savings accounts for Wisconsin residents.
Forecasting Real Activity using Cross-Sectoral Stock Market Information
Stock prices declined abruptly in the wake of the Covid-19, reflecting both the deterioration of investors’ expectations of economic activity as well as the surge in risk aversion. In the following months however, economic activity remained sluggish while equity markets bounced back. This disconnect between equity values and macro-variables can be partially explained by other factors, namely the decline in risk-free interest rates, and -for the US- the strong profitability of the IT sector.
Do Foreign Yield Curves Predict U.S. Recessions and GDP Growth?
This paper shows that foreign term spreads constructed from bond yields of non-U.S. G-7 constituents predict future U.S. recessions and that foreign term spreads are stronger predictors of U.S. recessions occurring within the next year than U.S. term spreads.
Foreign direct investment under uncertainty: evidence from a large panel of countries
Menzie Chinn and colleagues examine the effect of uncertainty on foreign direct investment inflows for advanced, emerging market and developing countries over a 25 year long (pre-Covid) sample. Using a push-pull framework, and controlling for both global and local factors, they find policy uncertainty has discernable and significant effects on inflows, varying in strength and direction between different groups of countries. Moreover, it is not host country uncertainty that seems to matter the most, but rather global uncertainty. Additionally, they find that high levels of uncertainty matter disproportionately. Finally, financial openness accentuates the impact of uncertainty for emerging market and developing countries.
A Cost-Benefit Analysis of the WisCaregiver Careers Program
Students found the WisCaregiver Careers program has a present value of net benefits of $5.77 million over the 26-month period analyzed. The program promotes certified nursing assistant (CNA) employment in nursing homes by providing reimbursement …
Recreational Marijuana in Wisconsin: A Benefit-Cost Analysis
Students analyzed marijuana decriminalization and marijuana legalization in Wisconsin, estimating the social and economic costs and benefits of these two policy alternatives over a five-year time horizon.
A Benefit-Cost Analysis of Expanding Access to Child Care in La Crosse County, Wisconsin
Students completed a benefit-cost analysis of three potential alternatives to current policy to increase the availability and affordability of child care in La Crosse County, Wisconsin.