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Now showing items 21-30 of 49
Comparative Risk Apportionment
(Private Enterprise Research Center, Texas A&M University, 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 ...
Dropouts Need Not Apply? The Minimum Wage and Skill Upgrading
(Private Enterprise Research Center, Texas A&M University, 2021-09-21)
In the United States, politicians and the public alike have again sounded the call to raise the federal minimum wage, citing unlivable earnings and high consumer prices due to rising inflation, but would an increase actually ...
Economic Indicators of the College Station-Bryan MSA, September 2021
(Private Enterprise Research Center, Texas A&M University, 2021-09-20)
The Business-Cycle Index increased by 1.6% from June to July 2021. The revised local unemployment rate decreased substantially, from 5.0% to 4.4% in July. Local nonfarm employment decreased slightly, by 0.2% in July, and ...
County-to-County Migration Based on Tax Return Data
(Private Enterprise Research Center, Texas A&M University, 2021-09-17)
The Internal Revenue Service has released updated county-to-county migration data based on matched household tax returns filed through 2019. In this issue of Data Points, authors Carlos Navarro and Andrew Rettenmaier compare ...
The College Station-Bryan Economy Presentation
(Private Enterprise Research Center, Texas A&M University, 2021-08-24)
The presentation includes information on: National real gross domestic product through the second quarter of 2021; ; Real personal consumption expenditures through June 2021; July’s National nonfarm employment; Texas ...
Networking the Yield Curve: Implications for Monetary Policy
(Private Enterprise Research Center, Texas A&M University, 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. ...
Disbursing Emergency Relief through Utilities: Evidence from Ghana
(Private Enterprise Research Center, Texas A&M University, 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 ...
Business Cycle Implications of Firm Market Power in Labor and Product Markets
(Private Enterprise Research Center, Texas A&M University, 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 ...
Economic Indicators of the College Station-Bryan MSA, December 2021
(Private Enterprise Research Center, Texas A&M University, 2021-12-16)
The Business-Cycle Index increased by 0.3% from September to October 2021. The revised local unemployment rate decreased from 4.1 to 4.0% in October. Local nonfarm employment increased slightly by 0.1% in October and was ...
Economic Indicators of the College Station-Bryan MSA, February 2021
(Private Enterprise Research Center, Texas A&M University, 2021-02-22)
The Business-Cycle Index increased by 1.8% from November to December 2020. The local unemployment rate decreased to 5.4% in December from 5.9% in November and remained the second-lowest rate among Texas metros. Local nonfarm ...