Recent Trends in Young Adult Mortality

Dec 10, 2024 - From follow ‑up discussions with both sets of researchers, we understand that the Wang et al. (2024) analysis includes a broader set of buprenorphine products than the CDPH dashboard. To investigate this issue, CDPH examined an alternative version of their Dashboard summary using a definition of buprenorphine much closer to the one provided by Wang et al. (2024).
https://lao.ca.gov/Publications/Report/4945

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We then follow the steps described in Bollinger et al. (2019) and Machado and Mata (2005) to produce unconditional percentile estimates. The figures display the median value of the estimates across the various specifications.
https://lao.ca.gov/Publications/Report/4878/4

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - The second study ( Hyman et al. [2023] ) compares employment outcomes across two similar groups of California Competes applicants. Despite similarity of the applicants, program rules resulted a higher share of applicants in one group receiving tax credits than the other group.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Child Welfare System: Addressing Disproportionalities and Disparities

Apr 24, 2024 - This report examines disproportionalities and disparities across California’s child welfare system in terms of income and race/ethnicity. The report provides background on the child welfare system, describes child welfare system disproportionalities and disparities, and lays out potential drivers of these inequities.
https://lao.ca.gov/Publications/Report/4897

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - This is slightly below an estimate by Blau et al. (2023) for the U.S. over the last 40 years and substantially higher than an estimate by Clemens et al. (2019) for the U.S. over the period from 2013 to 2016.
https://lao.ca.gov/Publications/Report/4878/3

The 2022-23 Budget: May Revenue Outlook [EconTax Blog]

May 16, 2022 - Changes in prices of certain U.S. treasury bonds suggest financial mark ets may be pessimistic about the economic outlook. In the last five decades, a similar collection of economic conditions has occurred six times.
https://lao.ca.gov/LAOEconTax/Article/Detail/735

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - At the same time, research on other types of public spending —such as K ‑12 education and workforce development —suggests comparable or better earnings benefits for workers (Heinrich et al. [2013], Jackson [2015], and Hollenbeck [2017]).
https://lao.ca.gov/Publications/Report/4713