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Interview with Dr. John Taylor
(Private Enterprise Research Center, Texas A&M University, 2016-11-04)
Stanford University economist John B. Taylor was awarded the Kirby Distinguished Visiting Professorship in October 2016 by the Private Enterprise Research Center. During his visit to Texas A&M University, he was interviewed ...
Red, Blue, and Purple
(Private Enterprise Research Center, Texas A&M University, 2017-01-16)
This past November, President Donald Trump pulled off his unexpected victory by adding Florida, Iowa, Michigan, Ohio, Pennsylvania, and Wisconsin to the group of 24 red states Mitt Romney won in 2012. President Trump won ...
Risk and Risk Aversion Effects in Contests with Contingent Payments
(Private Enterprise Research Center, Texas A&M University, 2017-03-01)
Contests by their very nature involve risk, winning and losing are both possible, and the gain from winning can itself be uncertain. The participants in a contest use resources to increase their chance of winning. The main ...
"Forecasting" Deficit Spending in the United States: A Look at Projections from the Congressional Budget Office
(Private Enterprise Research Center, Texas A&M University, 2017-10-01)
The Congressional Budget Office, or CBO, is the non-partisan government agency that provides projections of costs and revenues to Congress and the public. CBO projections are conditional forecasts of underlying economic ...
The Increase Convex Order and the Tradeoff of Size for Risk
(Private Enterprise Research Center, Texas A&M University, 2014-02-01)
One random variable is larger than another in the increasing convex order if that random variable is preferred or indifferent to the other by all decision makers with increasing and convex utility functions. Decision makers ...
Market Concentration, Price Dispersion and Inefficient Cross-hauling in the Laboratory
(Private Enterprise Research Center, Texas A&M University, 2014-04-01)
This paper presents experimental evidence suggesting that persistent price dispersion that violates the law of one price may be a disequilibrium phenomena. Increasing market concentration increases the pecuniary incentive ...
The Impact of Teacher-Student Gender Matches: Random Assignment Evidence from South Korea
(Private Enterprise Research Center, Texas A&M University, 2016-01-01)
Subject-specific gender disparities appear and widen as students advance through school. In PERC Working Paper 1509, PERC Professor Jonathan Meer and Jaegeum Lim examine test scores for South Korean middle school students ...
Are We Taming Health Care Spending
(Private Enterprise Research Center, Texas A&M University, 2014-01-01)
A Neglected Aspect of Tax Reform: Improving the Efficiency of Tax Expenditures on Employer-Provided Health Insurance
(Private Enterprise Research Center, Texas A&M University, 2017-11-01)
The House recently passed the Tax Cuts and Jobs Act and the Senate now begins debate on its version of tax reform. Debate has centered on the tax reform's potential negative revenue effects and its disparate treatment of ...
Vehicle Miles (Not) Traveled: Fuel Economy Requirements, Vehicle Characteristics, and Household Driving
(Private Enterprise Research Center, Texas A&M University, 2016-08-01)
Simply put, the less Americans drive, the less gas they use. More driving, more gas. The negative effects of gasoline consumption are well-documented, ranging from local effects of automobile pollution on individuals' ...