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Now showing items 1-7 of 7
Are Charters the Best Alternative? A Cost Frontier Analysis
(Private Enterprise Research Center, Texas A&M University, 2016-09-01)
Texas has been part of the charter school movement since 1995, when the 74th Texas Legislature authorized the State Board of Education to establish open enrollment (OE) charter schools in the state. According to the Texas ...
Inflation Dynamics and the Cost Channel: The Small Open Economy Case
(Private Enterprise Research Center, Texas A&M University, 2014-05-19)
This paper investigates the cost channel of monetary policy, transmitting its effect on economic activities other than conventional demand side, in a small open economy. The innovations lie in examination of the cost ...
The Time Varying Effect of Monetary Policy Surprise on Stock Returns: Bursting Bubble Beating Forward Guidance
(Private Enterprise Research Center, Texas A&M University, 2015-07-09)
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 ...
Nonlinear Evidence on the Existence of Jobless Recoveries
(Private Enterprise Research Center, Texas A&M University, 2015-07-01)
The sluggish growth in employment following the Great Recession has spurred research into investigating its cause. Economists are split as to whether it reflects the advent of “jobless recoveries� or just reflects ...
"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 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 ...
The Identification of Response of Stock Returns to Monetary Policy Actions Using Market-Based Measures of Monetary Policy Shocks
(Private Enterprise Research Center, Texas A&M University, 2014-08-11)
The authors investigate two related approaches to dealing with the possible joint repsonse bias in using Kuttner's approach to identifying monetary policy's impact on stock returns - the methodology recently suggested by ...