Report Preparing for California’s Next Recession By Patrick Murphy, Jennifer Paluch, Radhika Mehlotra May 29, 2019 California is enjoying one of the longest growth periods in history and appears well-prepared to endure a mild economic downturn. But a more severe crisis would exhaust current reserves, decrease school funding, and open a significant budget gap for several years. What steps can the state be taking to prepare for and minimize these outcomes?
Report The Great Recession and Distribution of Income in California By Sarah Bohn, Eric Schiff Dec 7, 2011 In the Great Recession and its aftermath, family incomes in California declined across the spectrum. The percentage of Californians living in middle-income families fell to a new low of less than 50 percent. And the gap between the highest and lowest income families grew to its widest in 30 years. This report tracks these trends and considers the effects of unemployment on family income.
blog post Commentary: 3 Lessons for California’s Water Funding Challenges in Today’s Recession By Ellen Hanak, Jelena Jezdimirovic Oct 1, 2020 California’s water managers have been busy keeping water systems safe and operational during the COVID-19 pandemic. But addressing the fiscal consequences of the economic recession is just beginning.
Report California’s Safety Net in Recession and Recovery By Caroline Danielson Jun 3, 2021 As California emerges from the COVID-19 shutdown, the social safety net can play a key role in facilitating an equitable recovery. Evidence from the last recession and recovery shows that safety net programs do grow in response to increased need. But the state can take additional steps to deliver benefits more effectively and equitably.
blog post Will This Recession Deepen California’s Economic Divide? By Sarah Bohn, Dean Bonner, Vicki Hsieh, Julien Lafortune Dec 7, 2020 The current downturn is having a disproportionate impact on low-income Californians and communities of color. Deliberate policy action can help create an equitable recovery and broaden long-term economic opportunity.
blog post Lessons from the Great Recession Can Protect College Students Today By Kevin Cook, Hans Johnson Apr 29, 2020 State funding for public higher education saw deep cuts during the last downturn, while for-profit colleges moved to the forefront.
blog post Recession Safety Net Needed for State’s Small Water Systems By Caitrin Chappelle, Lori Pottinger Oct 6, 2020 California has many small water systems that serve economically disadvantaged communities, which were already struggling before the pandemic and recession hit. We talked to experts at the State Water Board about what can be done to keep them from falling off a financial cliff.
blog post Young Californians May Be Choosing Work over School By Julien Lafortune, Sarah Bohn Sep 14, 2023 How have young adults across the state reacted to the COVID-induced economic downturn? Our analysis finds that, in stark contrast to the Great Recession, the share of young Californians opting for work over school has increased.
Report Proposition 13 in Recession and Recovery By Steven M. Sheffrin, Terri Sexton Sep 1, 1998 Proposition 13 has created wide disparities in property taxes between homes purchased more recently and those owned for many years. Although the steep recession in California from 1991 through 1995 reduced some of these disparities, it also led to a crushing workload for California's understaffed and underfunded property tax assessors' offices. As property taxes fell, hundreds of thousands of residents and businesses filed appeals for reassessment. Many counties are still working through a twelve-to-eighteen month backlog of cases. This report examines disparities in property taxes since the passage of Proposition 13 and the effects on property tax administration in California.