Now showing items 1-20 of 23

    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)
      In this paper, Sarah Zubairy Sami Alpanda analyze the business cycle implications of firms having oligopsony power in labor markets, as well as oligopoly power in product markets, within the context of a New Keynesian ...
    • Ma, Eunseong (2019-03-29)
      This dissertation investigates inequality, business cycles, and macroeconomic policies. First, I investigate the quantitative implications of real wage rigidities and heterogeneity for two long-lasting puzzles in the ...
    • Gan, Dunpei (2019-06-04)
      This dissertation includes three sections, all study the issues related to the financial crisis. The Section Two challenges the conventional wisdom that government spending is effective and labor tax cuts are not effective, ...
    • Jiang, Shenzhe (2017-07-17)
      The dissertation includes two sections, which apply dynamic economic models to study different economic issues. The Section Two studies the optimal design of the Pacific Salmon Treaty, which was signed by the U.S. and ...
    • Hwang, Sunju (2023-04-22)
      This dissertation investigates topics in macroeconomics related to fiscal policy and economic growth using both empirical and theoretical frameworks. In the first chapter, I explore whether changes in personal income ...
    • Song, Hyunji (2023-04-13)
      This dissertation consists of two chapters on heterogeneity, consumption, and its implications in macroeconomic policies. First, we examine how the effects of government spending shocks depend on the balance-sheet position ...
    • Kim, Wongi (2015-08-04)
      Recently, various fiscal policies are adopted to overcome severe recessions caused by the Financial Crisis and the Great Recession in many advanced countries. In this dissertation, I focus on the effects of those various ...
    • Choo, Dongho (2023-08-07)
      The first chapter revisits Romer and Romer's (2004) narrative identification approach to monetary policy shocks by allowing a monetary authority to respond systematically to corporate credit spreads and real house price ...
    • Zhou, Cheng (2015-08-07)
      This dissertation analyzes the effects of monetary policy and fiscal policy from a state-dependent perspective. The first chapter is on the dynamic effect of monetary policy on asset price. Employing a two-state threshold ...
    • Chatterjee, Priyadarshini (2023-06-19)
      Each quarter the Federal Open Market Committee (FOMC) release the projections of its members for the current year values and several future year values of inflation, unemployment, real GDP growth, and the Federal Funds ...
    • Ma, Eunseong; Zubairy, Sarah (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-06-03)
      The homeownership rate was relatively stable for the few decades preceding 1995, followed by a large increase between 1995-2005 and a subsequent decline over the next ten years. Authors Eunseong Ma and Sarah Zubairy document ...
    • Zubairy, Sarah; Alpanda, Sami; Song, Hyunji (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-02-08)
      Since the Great Recession, policymakers have increasingly relied on fiscal policy to stabilize and stimulate the economy. This Winter 2022 issue of PERCspectives on Research summarizes a paper by PERC’s Shirley A. Lynch ...
    • Zubairy, Sarah; Alpanda, Sami; Song, Hyunji (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-11-02)
      This paper examines how the effects of government spending shocks depend on the balance-sheet position of households. Employing U.S. household survey data, the authors find that in response to a positive government spending ...
    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-08-27)
      Monetary policy was used during the Great Recession to stimulate the U.S. economy, but were its effects dependent on prevailing levels of high household debt? In working paper 1806, PERC Professor Sarah Zubairy and coauthor ...
    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-10-09)
      During past recessions like the Great Recession, policy makers sought to boost the economy through fiscal and monetary policy changes. Taking into account the economy’s slow recovery, how effective were the monetary ...
    • Hassani, Ashkan (2021-12-10)
      Health care services received after discharge from an acute care are called post-acute care (PAC). These services improve patient functioning and help patients for better transition from hospitals to the community. PAC can ...
    • Zubairy, Sarah; Bi, Huixi (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-06-29)
      With aging societies, policymakers have increasingly focused on pension retrenchment reforms in recent years to keep their pension systems solvent. PERC Professor Sarah Zubairy and co-author Huixin Bi explore the evolution ...
    • Zubairy, Sarah; Bi, Huixi (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-02-15)
      Many OECD countries have significantly increased spending on public pensions over the last half-century. As more retirees begin to draw benefits, policymakers have placed more focus on retrenchment reforms in order to keep ...
    • Hassani, Ashkan (2021-12-10)
      In this study we test whether different government expenditure innovation measures proposed in the literature are good proxies for government spending shocks. We compare five government spending shock measures: forecast ...
    • Alpanda, Sami; Granziera, Eleonora; Zubairy, Sarah (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-04-28)
      In this paper, PERC Professor Sarah Zubairy, along with co-authors Sami Alpanda and Eleonora Granziera study how phases of the business, credit and interest rate cycles affect the transmission of monetary policy using ...