Economy / Fiscal Policy

ISER researchers study the state economy and the economies of urban and rural regions around the state; the contributions of various industries and activities; and the likely effects of existing or proposed policies or projects. They also assess the state government’s fiscal policies—how the government raises and spends money. These economic and fiscal analyses are closely related, with the state government playing a big role in Alaska’s economy.

Read More

Good Resource, Bad Vibe: How well does the media reflect economic activity?

Resource industries like oil and fishing are characterized by boom-and-bust cycles – there are “good years” and “bad years.” In communities that are highly connected to a particular resource, these economic shocks are foregrounded in the public attention. But how well does news coverage of the shocks reflect the actual health of the economy?

Read More

ISER recommends new routes for workforce development

ISER faculty have published results from their study of Alaska’s construction workforce. Commissioned by the Alaska Department of Transportation & Public Facilities, the report examines Alaska’s workforce in nine priority construction occupations, including laborers, carpenters, electricians, and truck drivers.

Read More

ISER Analysis of State Fiscal Options Webinar

Researchers from the UAA Institute of Social and Economic Research (ISER) discussed Alaska’s fiscal options on Zoom on Wednesday, Feb. 4.

Any fiscal option adopted by the state will have short- and long-term economic effects. ISER researchers hosted an event in Juneau to explain how various budget decisions may impact Alaska wages, employment, and outcomes by demographic. The presentation built from ISER’s recent evaluation of 11 primary fiscal options, along with three variations, that assessed the economic impacts of various budget options for Alaska.

Read More

Alaska's Fiscal Options

Summary

The State of Alaska faces persistent budget challenges resulting from declining oil prices and production. Because current major revenue sources—petroleum and the Permanent Fund (POMV)—are not explicitly tied to internal economic activity, there is an "Alaska disconnect" between state growth and public revenue.

ISER researchers evaluated 11 primary fiscal options + three variations. These included changes to state spending, broad based taxes, and businesses taxes. Nine of these options were selected to match those ISER evaluated in 2016. In addition, ISER modelled two new options related to business taxes. ISER also evaluated three variations of these options.

Any options implemented will have impacts on the Alaska’s economy and people both in the short and long run. Those impacts include changes in the number of jobs, income, and the state’s value added activities. Further, impacts might be felt differently for higher and lower income households.

Read More

Federal Spending Shifts Reshape Alaska’s Economic Outlook

On May 1, 2025, Commonwealth North, ISER, and Build Alaska’s Future co-hosted a virtual economic forum featuring ISER economists discussing Alaska’s economic trajectory in light of federal policy changes by the current administration. Titled “How Shifting Federal Dollars Impact Alaska’s Economy,” the event underscored the state’s heavy reliance on federal funds, the growing role of the Alaska Permanent Fund in state revenue, and the challenges posed by ongoing federal policy shifts. After opening remarks by Dr. Scott Goldsmith, former ISER Director and economist, Drs.

Read More

Virtual Economic Forum: How Federal Dollars Impact Alaska’s Economy on May 1, 2025 at 12PM

What happens in D.C. doesn’t stay in D.C. — it directly affects Alaska’s economy.
Join us for a fast-paced and fascinating Economic Forum that dives into the outsized impact of shifting federal dollars on Alaska’s economy. From workforce and infrastructure to natural resources and supply chains, hear from the experts tracking how federal spending affects every corner of the state. Whether you’re in the public sector, private industry, or simply passionate about Alaska’s future — this is the event for you.

Read More

Working to Alleviate Alaska’s Avgas Anxiety

AACA Testifies to the Alaska House Transportation Committee

The Executive Director of the AACA, Will Day, collaborated with Troy LaRue, Director of Alaska’s Statewide Aviation Division of the DOT, Dan Knesek from Grant Aviation, and Dr. Mike Jones of UAA’s Institute of Social and Economic Research. Together, they informed Alaska’s House Transportation Committee about the effects of unreliable AWOS and ASOS systems throughout the state.

Read More

Effects of a Proposed Sales Tax on Anchorage Households

Taxes for higher-income Anchorage residents would increase more than taxes for middle- and lower-income residents under a municipal sales tax initiative proposed by a coalition of Anchorage business and civic leaders. However, middle-income residents would pay three times the percentage of income as higher-income residents, and only one-fourth of the percentage paid by lower-income residents.

Lead Researchers

Photo of Matthew Berman, Ph.D.

Matthew Berman, Ph.D.

Professional Title(s)
Professor of Economics
Photo of Bob  Loeffler, M.C.R.P., M.S.

Bob Loeffler, M.C.R.P., M.S.

Professional Title(s)
Research Professor of Public Policy
Photo of Marie Lowe, Ph.D.

Marie Lowe, Ph.D.

Professional Title(s)
Associate Professor of Public Policy
Photo of Brett  Watson, Ph.D.

Brett Watson, Ph.D.

Professional Title(s)
Assistant Professor of Applied and Natural Resource Economics