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

Now showing items 41-60 of 85

    • The Impact of College Diversity on Behavior Toward Minorities 
      Hoekstra, Mark; Carrell, Scott E.; West, James E. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-02-03)
      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 ...
    • The Impact of Election Fraud on Government Performance 
      Peralta, Abigail (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-03-07)
      Election fraud is considered pervasive throughout many countries, raising concerns it can facilitate corruption and inhibit economic growth by preventing voters from holding elected officials accountable. This paper examines ...
    • The Impact of Teacher-Student Gender Matches: Random Assignment Evidence from South Korea 
      Meer, Jonathan; Lim, Jaegeum (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-11-23)
      Gender disparities in academic performance may be driven in part by the interaction of teacher and student gender, but systematic sorting of students into classrooms makes it difficult to identify causal effects. The authors ...
    • The Increase Convex Order and the Tradeoff of Size for Risk 
      Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-02-01)
      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 ...
    • Inflation and Real GDP Growth in the U.S. 
      Jansen, Dennis W.; Chang, Jui-Chuan Della; Pagliacci, Carolina (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2023-07-18)
      Here, authors Dennis Jansen, Jui-Chuan Della Chang, and Carolina Pagliacci look at the recent experience of the United States via the lens of sign restrictions to identify shocks to aggregate demand and aggregate supply. ...
    • Inflation Dynamics and the Cost Channel: The Small Open Economy Case 
      Chang, Jui-Chuan Della; Jansen, Dennis W. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-05-19)
      This paper investigates the cost channel of monetary policy, transmitting its effect on economic activities other than conventional demand side, in a small open economy. The innovations lie in examination of the cost ...
    • Inter-Jurisdiction Migration and the Fiscal Policies of Local Governments 
      Dai, Darong; Jansen, Dennis W.; Liu, Liqun (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-02-04)
      In this paper, authors Darong Dai, Dennis W. Jansen and Liqun Liu analyze the effects of migration on the fiscal policies of local governments. Because of the possibility of migrating to another jurisdiction later in life, ...
    • Is Social Security Wealth? 
      Rettenmaier, Andrew J. (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 ...
    • The Long Run Effects of De Jure Discrimination in the Credit Market: How Redlining Increased Crime 
      Anders, John (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 ...
    • The Long-Run Effects of Disruptive Peers 
      Hoekstra, Mark; Carrell, Scott; Kuka, Elira (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 ...
    • Market Concentration, Price Dispersion and Inefficient Cross-hauling in the Laboratory 
      Van Huyck, John; Wade, Chad (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 ...
    • Markov Switching Rationality 
      Sekhposyan, Tatevik; Odendah, Florensl; Rossi, Barbara (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 ...
    • Misdemeanor Prosecution 
      Doleac, Jennifer L.; Agan, Amanda; Harvey, Anna (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, ...
    • A Model to Evaluate Vehicle Emission Incentive Policies in Japan 
      Fullerton, Don; Gan, Li; Hattori, Miwa (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. ...
    • Monetary Policy Uncertainty: A Tale of Two Tails 
      Dahlhaus, Tatjana; Sekhposyan, Tatevik (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 ...
    • Networking the Yield Curve: Implications for Monetary Policy 
      Sekhposyan, Tatevik; Dahlhaus, Tatjana; Schaumburg, Julia (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)
      In this working paper, authors Tatevik Sekhposyan, Tatjana Dahlhaus, and Julia Schaumburg introduce a flexible, time-varying network model to trace the propagation of interest rate surprises across different maturities. ...
    • Nonlinear Evidence on the Existence of Jobless Recoveries 
      Jansen, Dennis W.; Bradley, Michael D. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-07-01)
      The sluggish growth in employment following the Great Recession has spurred research into investigating its cause. Economists are split as to whether it reflects the advent of “jobless recoveries� or just reflects ...
    • Optimal Interregional Redistribution and Local Borrowing Rules under Migration and Asymmetric Information 
      Liu, Liqun; Dai, Darong; Tian, Guoqiang (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-09-16)
      Assuming two types of regions that differ only in the discount rate, Huber and Runkel (2008) show that optimal federal redistribution is from impatient to patient regions, and optimal local public debt is higher in impatient ...
    • Optimal Regional Insurance Provision: Do Federal Transfers Complement Local Debt? 
      Liu, Liqun; Dai, Darong; Tian, Guoqiang (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-11-01)
      Intergovernmental grants implemented by the central government of a federal fiscal system are justified on the grounds that they internalize interregional spillovers generated by local public goods provision or ...
    • Optimality of Winner-Take-All Contests: The Role of Attitudes Toward Risk 
      Liu, Liqun; Treich, Nicolas (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-12-16)
      It has been established in the literature that, under the assumption of risk-neutral contestants, it is usually optimal for an effort maximizing contest organizer with a fixed prize budget to award everything to a single ...