Browsing Programs, Centers, and Institutes by Type "WorkingPapers"

Now showing items 1-20 of 85

    • Almost Stochastic Dominance: Magnitude Constraints on Risk Aversion 
      Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
    • Alternative Approaches to Comparative nth-Degree Risk Aversion 
      Liu, Liqun; Neilson, William S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-07-30)
      Economists have used the risk premium and the probability premium that are revealed through individual choices to compare how risk averse two individuals are. These behavioral, or choice-based, measures of risk aversion ...
    • Am I the Big Fish? The Effect of Self-Perceived Ordinal Rank on Student Academic Performance in Middle School 
      Yu, Han (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-12-20)
      In the educational setting, it is well known that relative achievement can affect individual outcomes. The ordinal academic rank of a student may affect the student’s academic achievement through a student’s self-confidence, ...
    • Are Charters the Best Alternative? 
      Gronberg, Timothy; Jansen, Dennis; Taylor, Lori (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-01-01)
      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 ...
    • Business Cycle Implications of Firm Market Power in Labor and Product Markets 
      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 ...
    • Cash for Corollas: When Stimulus Reduces Spending 
      Hoekstra, Mark; Puller, Steven L.; West, Jeremy (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-04-01)
      The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which was experiencing disproportionate reductions in demand and employment during the Great Recession. Exploiting ...
    • Comparative Risk Apportionment 
      Liu, Liqun; Paan Jindapon; Neilson, William S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-01-04)
      A decision maker who would rather apportion an independent risk in a state with a good lottery than in a state with a bad lottery is said to have a preference for risk apportionment (Eeckhoudt & Schlesinger, 2006). In this ...
    • Coronavirus Economics: The Impact of Shutting Down Meatpacking Plants 
      Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-06-25)
      Motivated by the observed beef and livestock market impacts of coronavirus-caused meatpacking plant shutdowns, this paper constructs a theoretical model to study the effects of closures among downstream producers on both ...
    • Corrupt Police 
      Serra, Danila; Abbink, Klaus; Ryvkin, Dmitry (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-08-21)
      PERC Professor Danila Serra, along with Klaus Abbink and Dmitry Ryvkin employ laboratory experiments to examine the effects of corrupt law enforcement on crime within a society. The authors embed corruption in a social ...
    • Disbursing Emergency Relief through Utilities: Evidence from Ghana 
      Puller, Steven; Berkouwe, Susanna B.r; Biscaye, Pierre E.; Wolfram, Catherine D. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)
      Government transfer programs to distribute food, water, or electricity at low or no cost have been widespread during the COVID-19 global health crisis. How does program design affect the efficiency and distributional ...
    • Discounting Environmental Benefits to Future Generations: Implications of a Coordinating Debt Policy and Tax Distortions in the Capital Market 
      Liu, Liqun; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-04-28)
      Looking beyond today’s fiscal problems in the U.S., the debate about the how to best incorporate the well-being of subsequent generations in current public policy discussions continues. Authors Liqun Liu, Andrew J. ...
    • Diversity In Economics Seminars: Who Gives Invited Talks? 
      Doleac, Jennifer L.; Erin Hengel; Pancotti, Elizabeth (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
    • Does Fundraising Create New Giving? 
      Meer, Jonathan (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-02-01)
      Despite an extensive literature on the impacts of a variety of charitable fundraising tech-niques, little is known about whether these activities increase overall giving or merely cause donors to substitute away from other ...
    • Does Maternity Leave Duration Affect Labor Force Participation and Productivity? 
      Aslim, Erkmen Giray; Panovska, Irina; Tas, M. Anil (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-12-03)
      Given the extensively documented evidence that increases in female labor force participation rate are beneficial for the economy in the long run, a natural question that arises in this context is whether policy changes can ...
    • Does Playing Against an Error Prone Opponent Influence Learning in Nim? 
      McKinney, C. Nicholas, Jr.; Van Huyck, John (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-04-01)
      When learning to play a game well, does it help to play against an opponent who makes the same sort of mistakes one tends to make or is it better to play against a procedurally rational algorithm, which never makes mistakes? ...
    • Does Race Matter for Police Use of Force? Evidence from 911 Calls 
      Hoekstra, Mark; Sloan, CarlyWill (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-03-10)
      While there is much concern about the role of race in police use of force, identifying causal effects is difficult. This is in part because of selection, and in part because researchers often observe only interactions ...
    • Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets 
      Puller, Steven L.; Luco, Fernando; Hortacsu, Ali; Zhu, Dongni (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-04-01)
      Even within the same market, firms vary across a number of dimension--structure, production capacity, market experience, and general core competency. If you go as far as to observe individual managers, you will find resumes ...
    • Does the Elderly's Private Pension Ownership Intensify Aggregate Equity Demand? Empirical Evidence in the U.S. 
      Jansen, Dennis W.; Kim, Sei-Wan; Kim, Young-Min; Lu, Yanxin (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-07-05)
      In this paper, the authors investigate how the old generation income structure affects aggregate equity purchases, using Flows of Funds Accounts and Survey of Consumer Finances. Results suggest that the risk aversion that ...
    • The Effect of Open-Air Waste Burning on Infant Health: Evidence from Government Failure in Lebanon 
      Hoekstra, Mark; Mouganie, Pierre; Ajeeb, Ruba (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-06-15)
      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 Effect of Own-Gender Juries on Conviction Rates 
      Hoekstra, Mark; Street, Brittany (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-07-11)
      The right to an impartial jury is the cornerstone of the U.S. justice system and is enshrined in the Bill of Rights, but are these juries truly impartial, or do they favor defendants who are similar to themselves? In PERC ...