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 ...

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 ...

Obesity among children is an important public health concern, and social networks may play a role in students' habits that increase the likelihood of being overweight. We examine data from South Korean middle schools, where ...

A regular misconception is that Saudi Arabia is the largest producer of energy from oil and natural gas. Despite massive oil production, Saudi Arabia produces less than 1% of total energy from oil and gas. The U.S. currently ...

Can state and federal policies deter undocumented workers from entering the U.S.? In Working Paper 1604, PERC's Rex Grey Professor Mark Hoekstra, and Sandra Orozco-Aleman, address this timely and critical immigration policy ...

Recent years have witnessed the emergence of increasingly provocative anti-immigrant politicians in both Europe and the United States. The authors examine whether the 2016 election of Donald Trump, who made illegal immigration ...

There is little question as to the lack of racial diversity at selective U.S. universities. However, there is considerable debate regarding the benets of various policy options to increase diversity. Proponents of ...

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 ...

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 ...