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Persistent Effects of Teacher-Student Gender Matches
(Private Enterprise Research Center, Texas A&M University, 2017-08-23)
The authors exploit data from middle schools in Seoul, South Korea, where students and teachers are randomly assigned to classrooms, and find that female students taught by a female versus a male teacher score higher on ...
Navigating the Earned Income Tax Credit
(Private Enterprise Research Center, Texas A&M University, 2017-09-01)
The Earned Income Tax Credit (EITC) is the federal government's largest means-tested cash assistance program. The popular anti-poverty program's maximum credits and income eligibility ranges have been legislatively increased ...
Federal Liabilities: 2017 Update
(Private Enterprise Research Center, Texas A&M University, 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 ...
Testing Risk Dominance and Payoff Dominance in Repeated Global Stag Hunt Games
(Private Enterprise Research Center, Texas A&M University, 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 ...
Peer Quality and Benefits to Attending Better Schools
(Private Enterprise Research Center, Texas A&M University, 2017-05-01)
Despite strong demand for attending high schools with better peers, there is mixed evidence on whether doing so improves academic outcomes. The authors estimate the cognitive returns to high school quality using administrative ...
What Happened to Rosie?
(Private Enterprise Research Center, Texas A&M University, 2015-01-01)
The ACA and the States
(Private Enterprise Research Center, Texas A&M University, 2015-01-01)
A Model to Evaluate Vehicle Emission Incentive Policies in Japan
(Private Enterprise Research Center, Texas A&M University, 2014-06-01)
Using three years of data from the 47 prefectures of Japan, the authors estimate behavior of households who simultaneously make discrete decisions about vehicle ownership and continuous decisions about driving distance. ...
The Border Adjustment Tax and Corporate Tax Reform
(Private Enterprise Research Center, Texas A&M University, 2017-05-01)
Both House Republicans' 2016 tax plan and, more recently, President Trump's tax plan envision a rate cut for the corporate income tax (CIT): from the current 35% to 20% (the House plan) or 15% (the president's plan). To ...
The Time Varying Effect of Monetary Policy Surprise on Stock Returns: Bursting Bubble Beating Forward Guidance
(Private Enterprise Research Center, Texas A&M University, 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 ...