Now showing items 272-291 of 305

    • Narkiewicz, Adam (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-03-01)
      The aim of this document is to present some basic information and general trends in the data used to create the PERC county-to-county migration overview map. As such, the analysis is limited only to variables used on the ...
    • Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-02-06)
      Is the old adage that states that the young take more risk than the old correct? In PERC Working Paper 1902, authors Liqun Liu, Andrew J. Rettenmaier and Thomas R. Saving investigate this conventional wisdom in the context ...
    • Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)
      This paper introduces a definition of stochastic superiority. One random variable is stochastically superior to another whenever it stochastically dominates the other after the risk in each random variable has been optimally ...
    • Hoekstra, Mark; Koppa, Vijetha (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-08-20)
      Since 2000, ten states have enacted strict voter identification laws, which require that voters show identification in order for their votes to count. While proponents argue these laws prevent voter fraud and protect the ...
    • Meer, Jonathan; Priday, Benjamin A. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-02-25)
      The Tax Cut and Jobs Act of 2017 made significant changes to the rate structure of the Internal Revenue Code of the United States, including the near-doubling of the standard deduction. Many taxpayers who normally itemize ...
    • Meer, Jonathan; Priday, Benjamin A. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-11-22)
      We estimate the tax price elasticity of charitable giving using newly-available data from the Panel Study of Income Dynamics spanning 2001-2017. We find that households that always itemize are less sensitive to changes in ...
    • Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-01-18)
      The passage of the biggest tax reform bill in decades, the Tax Cuts and Jobs Act, comes with a substantial cut in the corporate tax rate and vast changes to the individual income tax code. In the PERCspectives on Policy ...
    • Jansen, Dennis W.; Neumann, Corbin J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-03-30)
      State taxes have been in the news nationally due to changes in the deductibility of state income taxes on federal income tax returns, as well as locally, as citizens in Texas and other states protest rising property taxes. ...
    • Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-01-29)
      During this presidential primary season, several candidates have proposed a tax on the wealthy to fund platform promises. There is certainly appeal for a wealth tax, as these proposed taxes are seen as a tax on someone ...
    • Van Huyck, John; Viriyavipart, Ajalavat (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-04-01)
      In any 22 global game, Carlsson and van Damme (1993b) showed that the game has a unique dominance solvable equilibrium that corresponds to the risk dominant equilibrium of the related common knowledge game with multiple ...
    • Van Huyck, John; Viriyavipart, Ajalavat (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-01-01)
      This article was published as part of the PERCspectives on Research Newsletter, Winter 2015 Edition.
    • Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-09-01)
      Population grows if migration into a state exceeds the migration out, combined with the natural increase of births over deaths. From 2010 - 2016, Texas had the largest population increase of any state, amassing almost 28 ...
    • Navarro, Carlos I. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-10-01)
      Not only are Texas residents among the most mobile in the nation, but over a million Texans move from one county to another within the state. This brings important questions to the table regarding urban, education, healthcare, ...
    • Jansen, Dennis W.; Liu, Liqun; Navarro, Carlos I.; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-04-12)
      The unfunded liabilities from Texas’ many state and local defined benefit pension plans, or the amount a pension fund’s assets cannot cover its liabilities, have snowballed over time and have recently reached unprecedented ...
    • Jansen, Dennis W.; Navarro, Carlos I.; andRettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-05-09)
      Local property tax collections are increasing faster than other Texas taxes. The legislature is currently considering proposals the would limit the growth in property tax revenues. How much does a Texas resident pay in ...
    • Iverson, Kyle; Jansen, Dennis W. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-12-03)
      Wind power is a growing source for electricity generation in the United States, and wind power now providing over 6% of our electricity. In Texas wind is responsible for 15% of electricity production, and Texas produces ...
    • Jansen, Dennis W.; Sinha, Somali Ghosh (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2024-06-20)
      At $445 billion worth of goods and services, Texas was the largest exporter of all the U.S. states in 2023. Exports also made up 23% of Texas GDP the same year. This issue of PERCspectives on Policy compares the dollar ...
    • Jansen, Dennis W.; Zervou, Anastasia S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-07-09)
      The authors study the time varying effects of monetary policy on the stock returns in order to capture changes in the effectiveness of monetary policy over time. They find that a one percentage point surprise federal funds ...
    • Jansen, Dennis W.; Zervou, Anastasia S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-09-01)
      Generally, stock prices react negatively to unanticipated and restrictive monetary policies. In PERC Working Paper 1505, Jordan Professor of Economics, Dennis W. Jansen, and Anastasia S. Zervou test to what extent surprises ...
    • Denuit, Michel M.; Eeckhoudt, Louis; Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-03-26)
      Besides risk aversion, decision makers are often assumed to be downside risk averse. In order to investigate tradeoffs that downside risk averse decision makers face, this paper proposes five stochastic orders, each ...