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Reviews the cyclicality of capital gains and the impact of these fluctuations on general fund revenues. Capital gains are highly cyclical, but during periods of high capital gains, the increase in general fund revenue has not been perceived to be transitory; instead, permanent tax reductions and spending increases have been made.
Dennis received a B.A. in economics and mathematics from Grand Valley State University, a M.S. in economics from Michigan State University, and a Ph.D. in economics from Michigan State University in 1978. He has served on the faculty of the Department of Economics at ASU since 1979, as director of ASU’s L. William Seidman Research Institute (2004-24), and as the director of the Office of the University Economist since 2005.
This infographic estimates the total (direct, indirect and induced) economic impacts of the infusion of new dollars associated with Sun Devil Football regular season home games in 2024-25 season the…
This infographic estimates the total economic impacts of Sun Devil Athletics' 2024-25 season in the city of Tempe and Maricopa County.
Focusing on the regular seasons of 11 ticketed Sun Devil Athletics sports and two National Collegiate Hockey Conference Quarter Finals, it estimates the…
An update to the November 2023 paper that presented data through 2022, estimates are presented of the number of ASU graduates working in Arizona, as well as their average wage, aggregate wages, and tax payments. Estimates are made for each year from 2012 through 2023.