Browsing PERC Publications by Title
Now showing items 200-219 of 305
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-05-01)Rising income inequality in recent years has been linked to a rise in wealth inequality. However, in many studies, anticipated retirement benefits such as Social Security are often not included in wealth calculations. In ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-05-09)The power to coin money and regulate the value thereof is constitutionally delegated to Congress, preventing true Federal Reserve independence. This issue of PERCspectives on Policy, by PERC Director Thomas Saving, discusses ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-09-12)This year, the Social Security program is projected to run a cash flow deficit of $121 billion, one-fifth of the U.S. annual federal deficit, and is expected to be insolvent in 12 years. In this issue of PERCspectives on ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-12-02)Japan, the third-largest economy in the world by GDP, is also the most heavily indebted of the highly developed countries. Its gross debt of 1,175.84 trillion yen is an eye-popping 213.7% of GDP. In this issue of Data ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-05-10)In the Spring 2022 issue of PERCspectives on Research, Research Scientist Liqun Liu shares his educational and career highlights from Texas A&M University and the Private Enterprise Research Center, as well as his ...
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The Long Run Effects of De Jure Discrimination in the Credit Market: How Redlining Increased Crime (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-10-10)Today in the United States, the welfare costs of crime are disproportionately borne by individuals living in predominately Black or Hispanic neighborhoods. Is there a historical cause behind these inequalities in crime? ...
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The Long Run Effects of De Jure Discrimination in the Credit Market: How Redlining Increased Crime (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-08-20)Today in the United States, the welfare costs of crime are disproportionately borne by individuals living in predominately African-American or Hispanic neighborhoods. This paper by author John Anders shows that redlining ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-08-09)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, the authors look at the long-term impact of childhood peers, particularly ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-04-01)This paper presents experimental evidence suggesting that persistent price dispersion that violates the law of one price may be a disequilibrium phenomena. Increasing market concentration increases the pecuniary incentive ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-01-13)At retirement, the goal of most workers is to be able to pay their anticipated living expenses using their employer-sponsored retirement plan, savings, and Social Security. Today, most workers’ employer-sponsored retirement ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-05-23)The authors propose novel tests for the detection of Markov switching deviations from forecast rationality. Existing forecast rationality tests either focus on constant deviations from forecast rationality over the full ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-10-21)This paper describes the need for timely GDP information, methodology, and data sources used to create the monthly publication, Economic Indicators.
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-01-01)Every year thousands of Americans move across county lines. In general, non-migrants experience higher average incomes than their migrant counterparts. This issue of PERCspectives on Policy explores how migrants and ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-04-12)Communities across the United States are reconsidering the public safety benefits of prosecuting nonviolent misdemeanor offenses. So far there has been little empirical evidence to inform policy in this area. In this paper, ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-14)Misdemeanor crimes make up 80 percent of all crimes in the criminal justice system. Meanwhile, communities across the United States are beginning to reconsider the public safety benefits of prosecuting these low-level ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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. ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-12-20)The persistence of negative interest rates in the Euro-Zone and Japan coupled with low inflation raises the question of the efficacy of central banking in a negative interest rate world. Given that interest rates have been ...
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(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-11-12)During the last few decades, central banks across the globe came to recognize the potentially valuable role that transparency can play in stabilizing the economy. For example, the Federal Reserve in the US started releasing ...