In a January 26 presentation, Dr. Mouhcine Guettabi describes the likely path of Alaska's economy in 2022, and includes a look back on the pandemic and pre-pandemic factors that have impacted the state's growth. Read more about > Guettabi offers Alaska economic forecast for 2022
Join ISER on January 26, 2022 for a lunchtime presentation with insights from economist Mouhcine Guettabi. He will give an overview of how the economy has changed since the onset of the pandemic and a look at the opportunities and challenges ahead. Read more about > Guettabi to present 2022 Alaska Economic Forecast
A July 2021 report by Dr. Mouhcine Guettabi found that research activities throughout the University of Alaska system create an enterprise that added $242 million in economic benefit to the state in 2020, measured by jobs supported, total payroll produced and business sales generated. The infusion of these research dollars into Alaska leads to economic expansion. Read more about > UA research activity is economic driver for the state
Dr. Mouhcine Guettabi, Associate Professor of Economics at ISER and the College of Business and Public Policy, gave a presentation this week on “The State and the Stimulus,” in which he highlighted observations and analysis of the current state of Alaska’s economy and the impacts of federal aid. Read more about > Alaska structural budget problems still urgent says Guettabi in “The State and the Stimulus”
Join us for a webinar on March 25 from 12-1 pm, when Dr. Brett Watson will present findings from research studies that statistically quantify how much locals in Alaska communities benefit economically from commercial fishing. Read more about > ISER Webinar: Commercial fisheries and local economies
UAA Professors Mouhcine Guettabi and Alex James have just published a paper in the journal Resource and Energy Economics entitled “Who benefits from an Oil Boom? Evidence from a Unique Alaska Data Set.” The paper applies a statistical approach called the “Synthetic Control Method” to examine the impact of the oil boom that began in 2006 on employment and income for residents and non-residents of the North Slope Borough. The study uses data from 2000 to 2016. Read more about > Who Benefits from an Oil Boom? Mostly non-residents
On August 21st, Mouhcine Guettabi, Associate Professor of Economics at ISER, and Jonathan King, an Anchorage private business consultant, were interviewed by Lori Townsend on Alaska Insight*, Alaska Public Media’s weekly public affairs program. That program discussed how the COVID-19 pandemic is affecting the Alaska economy. Dr. Guettabi opened the discussion by explaining that employment in Alaska will probably not fully recover by 2022. Even if a vaccine is developed that ends the business closures and re-opens tourism by summer 2021, Dr. Guettabi projects that employment in the Alaska economy in 2022 will still be 5% below pre-pandemic levels. Read more about > Even under rosy assumptions, Alaska employment likely to still be down 5% in 2022
ISER Professor Mouhcine Guettabi forecasts modest economic growth for the Alaska economy for 2021 and 2022. However, he expects that this modest growth will not be enough for Alaska to fully recover from the COVID-19 pandemic shock. Professor Guettabi projects that the economy in 2022 will still be 5% below the pre-pandemic level. The forecast appears in a report entitled Alaska’s Economy and the pandemic, which was prepared for the Alaska Department of Commerce, Community and Economic Development (DCCED.) The projection that Alaska’s economy will not fully recover by 2022 is consistent with similar Federal Reserve forecasts for the US economy. Read more about > Pandemic impact forecast to last through at least 2022
Two UAA staff recently presented information to the Alaska Legislature about the impact of the COVID-19 restrictions on the Alaska economy. Mouhcine Guettabi (ISER) and Nolan Klouda (UAA’s Business Enterprise Institute) made presentations to the House Labor and Commerce Committee on April 24, 2020. Video and audio from that hearing can be found online. Read more about > Presentations to Alaska Legislature: Impact of COVID-19 restrictions on Alaska economy
The coronavirus crisis has dramatically affected economic and social behavior in Alaska. Getting immediate measures of the impact on economic activity is limited by the inherent lags built into the collection of data on economic variables such as employment and sales. Dr. Mouhcine Guettabi turned to some near-real-time electronic data to get a more immediate sense of how activity has been impacted. Read more about > Social Distancing in Anchorage