Browsing Programs, Centers, and Institutes by Type "WorkingPapers"
Now showing items 61-80 of 85
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2016-09-18)Despite strong demand for attending high schools with better peers, there is mixed evidence on whether doing so improves academic outcomes. The authors estimate the cognitive returns to high school quality using administrative ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-08-23)The authors exploit data from middle schools in Seoul, South Korea, where students and teachers are randomly assigned to classrooms, and find that female students taught by a female versus a male teacher score higher on ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-10-14)Whereas the majority of economists interpret risk as dispersion or variation in an outcome variable, many everyday decision makers tend to associate risk with the outcome failing to meet a certain “safety� level. In ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-06-01)Many jurisdictions around the world have deregulated utilities and opened retail markets to competition. However, inertial decisionmaking can diminish consumer benefits of retail competition. Using household-level data ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-04-23)In the framework of expected utility, nth-degree risk aversion/loving is unequivocally characterized by the sign of the nth-order derivative of the utility function, but there exist different notions of one decision maker ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-06-29)With aging societies, policymakers have increasingly focused on pension retrenchment reforms in recent years to keep their pension systems solvent. PERC Professor Sarah Zubairy and co-author Huixin Bi explore the evolution ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-08-27)Beginning with the first round of the Affordable Care Act’s Medicaid expansions, which specifically targeted low-income adults without dependent children, the uninsured rate reached a record low in 2015. However, the ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-08-20)Remittances from immigrants back to relatives and friends in their home country represent a large and important flow of funds both absolutely and relative to measures of national income. Macroeconomic aggregates are impacted ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-02-23)This paper proposes two restricted forms of an increase in risk aversion. Using examples from portfolio choice, self-protection and insurance demand, it is shown that these stronger notions of increased risk aversion ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-03-01)Contests by their very nature involve risk, winning and losing are both possible, and the gain from winning can itself be uncertain. The participants in a contest use resources to increase their chance of winning. The main ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-08-20)There is a large and growing literature on how childhood peers shape outcomes. However, within this literature little is known about the effects of the different neighborhood factors, such as the relative importance of ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-10-27)This study identifies Social Security wealth as accrued benefits based on past participation in the program. This definition is similar to accrued pension wealth associated with defined benefit plans. Accrued Social Security ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-04-28)In this paper, PERC Professor Sarah Zubairy, along with co-authors Sami Alpanda and Eleonora Granziera study how phases of the business, credit and interest rate cycles affect the transmission of monetary policy using ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-02-01)The recent period of low interest rates have shown that fiscal policies have become crucial for economic recovery. This paper shows that the source of business cycle fluctuations matters for determining the size of government ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-02-06)Is the old adage that states that the young take more risk than the old correct? In PERC Working Paper 1902, authors Liqun Liu, Andrew J. Rettenmaier and Thomas R. Saving investigate this conventional wisdom in the context ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)This paper introduces a definition of stochastic superiority. One random variable is stochastically superior to another whenever it stochastically dominates the other after the risk in each random variable has been optimally ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-08-20)Since 2000, ten states have enacted strict voter identification laws, which require that voters show identification in order for their votes to count. While proponents argue these laws prevent voter fraud and protect the ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-11-22)We estimate the tax price elasticity of charitable giving using newly-available data from the Panel Study of Income Dynamics spanning 2001-2017. We find that households that always itemize are less sensitive to changes in ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-04-01)In any 22 global game, Carlsson and van Damme (1993b) showed that the game has a unique dominance solvable equilibrium that corresponds to the risk dominant equilibrium of the related common knowledge game with multiple ...
-
(Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-07-09)The authors study the time varying effects of monetary policy on the stock returns in order to capture changes in the effectiveness of monetary policy over time. They find that a one percentage point surprise federal funds ...