Browsing PERC Publications by Title

Now showing items 131-150 of 305

    • The Failed Federal Reserve Attempt to Get Back to the Past 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-05-21)
      The end result of the Federal Reserve’s response to the 2008 financial and the Great Recession was an unprecedented increase in assets. Between 2008 and 2014, Federal Reserve assets rose from just under $900 billion to ...
    • Fear the Machine? 
      Jansen, Dennis W.; Bradley, Michael D. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-03-30)
      Advanced automation and artificial intelligence, or ‘robot’ technology use, continues to expand across many industries. Recent decreasing labor market movements fuels the question: How do these technologies affect ...
    • Fear the Machine? 
      Jansen, Dennis W.; Bradley, Michael D. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-07-11)
      How do the technological changes caused by increased automation and A.I. affect workers’ wages and jobs? This article summarizes PERC working paper 1801, PERC’s Director Dennis W. Jansen and co-author Michael D. Bradley ...
    • The Fed’s Slow Realization of the Inflation Problem 
      Jansen, Dennis W.; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-04-12)
      For the 30 years prior to the peak of the previous business cycle in February 2020, monthly inflation rates based on the consumer price index averaged 2.4% while the personal consumption expenditures price index averaged ...
    • Federal Entitlement Spending 
      Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-06-25)
      Federal spending has hovered at around 20% of GDP for the past 50 years. Recent CBO reports forecast deficits averaging around 5% of GDP each year for the next 10 years, combined with rising federal spending continue to ...
    • Federal Liabilities 2015 Update 
      Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-07-01)
    • Federal Liabilities: 2016 Update 
      Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-08-01)
      The 2015 Financial Report of the United States Government (FRUSG) identifies total federal liabilities of $21.5 trillion as of September 30, 2015. The debt held by the public, $13.2 trillion, comprises 61% of these ...
    • Federal Liabilities: 2017 Update 
      Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-06-01)
      The official federal liabilities of the United States federal government totaled $22.8 trillion as of September 30, 2016. They include the debt held by the public of $14.2 trillion, federal employees; accrued retirement ...
    • Federal Liabilities: 2019 Update 
      Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-05-17)
      The Financial Report of the United States Government (FRUSG), released at the end of March, identifies total federal liabilities of $25.4 trillion as of September 30, 2018. The debt held by the public, $15.8 trillion, ...
    • Federal Liabilities: 2021 Update 
      Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-06-11)
      The 2020 Financial Report of the United States Government (FRUSG) identifies total federal liabilities of $32.7 trillion as of September 30, 2020. The debt held by the public, $21.1 trillion, comprised 62% of these ...
    • Federal Liabilities: 2023 Update 
      Jansen, Dennis W.; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2023-03-07)
      The 2022 Financial Report of the United States Government identifies total federal liabilities of $39 trillion as of September 30, 2022. While the federal debt, interest payments and federal employees’ accrued benefits ...
    • Federal Liabilities: They're Bigger than You May Think 
      Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-09-01)
    • The Federal Reserve & Interest Rates: It's the Interest on Reserves, Not the Fed Funds Rate That Matters 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-09-16)
      Much of the press’s reporting of the Federal Reserve’s efforts to fight inflation is measured by how much the Federal Reserve will raise interest rates at its next FOMC meeting. But the press’s measure of interest ...
    • The Federal Reserve and Interest Rates 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-11-01)
    • Federal Reserve Asset Reductions and the Economy 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-06-07)
      At its September 2017 meeting, the Board of Governors of the Federal Reserve System announced that they would begin to reverse the massive acquisition of assets that began in 2009. What has been the impact of these asset ...
    • The Federal Reserve In Two Crises 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-11-16)
      The country has experienced two economic crises in the first two decades of the 21st century, but there are significant differences between the 2008 crisis and the 2020 crisis caused by the pandemic. In this policy study, ...
    • Federal Reserve Monetary Policy in the 21st Century 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2023-07-21)
      In the 21st Century, the tools of monetary policy changed fundamentally with the onset of the Great Recession and the Covid-Pandemic, both of which led to significant asset expansions of the Federal Reserve to the tune of ...
    • The Federal Reserve, the Great Recession and the Lost Inflation 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-07-01)
      Ever since the Federal Reserve began its series of Quantitative Easing, traditional monetary economists have been predicting levels of inflation that would rival the inflation of the late 1970’s and early 1980’s. The ...
    • The Federal Reserve: Back to the Past 
      Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-10-01)
      The Federal Reserve's payment of interest on bank reserves balances has transformed the balances to investments rather than just insurance against a run on the banking system. The paying of interest on reserves allowed the ...
    • Fiscal Decentralization, Political Heterogeneity and Welfare 
      Aslim, Erkmen Giray; Neyapti, Bilin (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-02-15)
      Theoretical and empirical literature on �scal decentralization has been thriving, while understanding the welfare implications of �scal decentralization under political diversity necessitates further investigation. ...