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Thursday, November 28, 2024
New research center offers students chance to analyze state economic policy

The Center for Research on the Wisconsin Economy (CROWE), housed within the department of economics at UW-Madison, will allow students to look at the state's economic policy.

New research center offers students chance to analyze state economic policy

A new center at UW-Madison will stimulate the state’s economy by allowing students to research its policy.

Noah Williams, an economics professor, created the Center for Research on the Wisconsin Economy (CROWE), housed within the department of economics at UW-Madison.

CROWE has two missions — the first is researching economic issues related to Wisconsin, and the second is making its research accessible to policy makers, businesses and community groups. The center will also analyze how state, regional and national factors affect the state's economy to estimate the impact of economic policies.

“While there is a wealth of economic research studying issues and policies at the national and international levels, there is comparatively little focus on state-level questions,” Williams told University Communications.

CROWE will involve both undergraduate and graduate students who will study economic changes, such as shifts in tax policy. The center is funded by the Milwaukee-based Lynde and Harry Bradley Foundation and the Virginia-based Charles Koch Foundation.

By offering policy makers and other state residents research to inform their economic decision-making, this center will enhance the relationship between the economics department and the state, said Annath Seshadri, professor and chair of the Department of Economics.

“The center will play a critical role within the Economics department by supporting and disseminating economic policy research,” Seshadri told University Communications.

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