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The Long-Run Effects of Disruptive Peers
(Private Enterprise Research Center, Texas A&M University, 2017-01-01)
There's a great deal of research on how classmates can affect test scores and discipline in school, but what about later in life? In Working Paper 1605, PERC's Rex Grey Professor of Economics Mark Hoekstra, Scott E. Carrell ...
The Federal Reserve, the Great Recession and the Lost Inflation
(Private Enterprise Research Center, Texas A&M University, 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 ...
Federal Liabilities: They're Bigger than You May Think
(Private Enterprise Research Center, Texas A&M University, 2014-09-01)
Is Social Security Wealth?
(Private Enterprise Research Center, Texas A&M University, 2015-05-01)
The Higher Costs of Doing Business in China: Minimum Wages and Firms' Export Behavior
(Private Enterprise Research Center, Texas A&M University, 2016-02-01)
This paper examines the relationship between changes in the minimum wage and firms’ export behavior in China using detailed firm-level data of medium and large manufacturing enterprises between 1998 and 2007. We find ...
The Impact of College Diversity on Behavior Toward Minorities
(Private Enterprise Research Center, Texas A&M University, 2017-10-01)
For decades, colleges and universities have focused on increasing racial diversity on college campuses through targeted policy efforts. Authors Hoekstra, Carrell and West investigate whether diversity causes members of the ...
Peer Quality and the Academic Benefits to Attending Better Schools
(Private Enterprise Research Center, Texas A&M University, 2016-09-18)
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 ...
Federal Liabilities 2015 Update
(Private Enterprise Research Center, Texas A&M University, 2015-07-01)
A Primer on Measures of Government Financing Shortfalls and Liabilities
(Private Enterprise Research Center, Texas A&M University, 2016-08-01)
This note presents measures of financing shortfalls and liabilities, both for an individual government program such as Social Security and for government financing as a whole. At the level of individual programs, the widely ...
Is Social Security Wealth?
(Private Enterprise Research Center, Texas A&M University, 2016-04-01)
Wealth inequality has grown significantly over the last three decades and there are growing concerns about the diminishing wealth share of the middle class. Standard wealth definitions require that individuals possess a ...