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Economic Indicators of the College Station-Bryan MSA, June 2021
(Private Enterprise Research Center, Texas A&M University, 2021-06-21)
The Business-Cycle Index increased by 0.3% from March 2021 to April 2021. The revised local unemployment rate decreased from 5.4% to 5.3% in April. Local nonfarm employment decreased slightly by 0.5% in April and was 5.2% ...
Diversity In Economics Seminars: Who Gives Invited Talks?
(Private Enterprise Research Center, Texas A&M University, 2021-04-12)
In economics, as in many other academic disciplines, it is common for departments to invite external speakers to give research talks in academic seminars. These invited seminars are a primary way that academic economists ...
Economic Indicators of the College Station-Bryan MSA, July 2021
(Private Enterprise Research Center, Texas A&M University, 2021-07-15)
The Business-Cycle Index increased by 0.7% from April 2021 to May 2021. The revised local unemployment rate decreased from 5.3% to 5.2% in May. Local nonfarm employment increased slightly by 0.8% in May and was 4.3% below ...
Interview with Jonathan Meer
(Private Enterprise Research Center, Texas A&M University, 2021-10-01)
As part of PERC's interview series, Jonathan Meer discusses his recent teaching awards, perspective on teaching undergraduates, wealth inequality, and future research in this issue of PERCspectives on Research.
Household Debt and the Effects of Fiscal Policy
(Private Enterprise Research Center, Texas A&M University, 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 ...
Almost Stochastic Dominance: Magnitude Constraints on Risk Aversion
(Private Enterprise Research Center, Texas A&M University, 2021-06-01)
Almost stochastic dominance (ASD) extends conventional first and second degree stochastic dominance by placing restrictions on the variability in the first and second derivatives of utility. Such restrictions increase the ...
Illegal Immigration: The Trump Effect
(Private Enterprise Research Center, Texas A&M University, 2021-06-03)
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 ...
The Effect of Open-Air Waste Burning on Infant Health: Evidence from Government Failure in Lebanon
(Private Enterprise Research Center, Texas A&M University, 2021-05-14)
An estimated 40 percent of the world's garbage is burned in open-air fires, which are responsible for as much as half of the global emissions of some pollutants. However, there is little evidence on the health consequences ...
The Pandemic Misery Index
(Private Enterprise Research Center, Texas A&M University, 2021-03-18)
The Covid-19 pandemic has brought with it both human and economic loss. The Pandemic Misery Index, or PMI, is a simple metric that measures the effectiveness of pandemic-related public policies by combining the unemployment ...
The Pandemic and Texas State Tax Revenue
(Private Enterprise Research Center, Texas A&M University, 2021-01-22)
Government budgets have undergone drastic changes due to the coronavirus pandemic. In this issue, authors Dennis W. Jansen and Andrew J. Rettenmaier share the state of Texas’ tax collections compared to previous years. ...