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Now showing items 31-40 of 49
Navigating the Earned Income Tax Credit
(Private Enterprise Research Center, Texas A&M University, 2017-09-01)
The Earned Income Tax Credit (EITC) is the federal government's largest means-tested cash assistance program. The popular anti-poverty program's maximum credits and income eligibility ranges have been legislatively increased ...
Federal Liabilities: 2017 Update
(Private Enterprise Research Center, Texas A&M University, 2017-06-01)
The official federal liabilities of the United States federal government totaled $22.8 trillion as of September 30, 2016. They include the debt held by the public of $14.2 trillion, federal employees; accrued retirement ...
Whither the Trade War with China?
(Private Enterprise Research Center, Texas A&M University, 2018-09-21)
In the ongoing trade dispute between the U.S. and China, the U.S. has demanded reducing or even eliminating tariff and non-tariff barriers and that China halt intellectual property theft and forced technology transfers. ...
Retirement Plan Choice and Public Pension Reform
(Private Enterprise Research Center, Texas A&M University, 2021-09-08)
Despite the private sector’s switch to defined contribution retirement plans, traditional defined benefit pension plans remain dominant in the public sector. In this issue of PERCspectives on Policy, authors Dennis Jansen, ...
Stochastic Superiority
(Private Enterprise Research Center, Texas A&M University, 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 ...
The Border Adjustment Tax and Corporate Tax Reform
(Private Enterprise Research Center, Texas A&M University, 2017-05-01)
Both House Republicans' 2016 tax plan and, more recently, President Trump's tax plan envision a rate cut for the corporate income tax (CIT): from the current 35% to 20% (the House plan) or 15% (the president's plan). To ...
Optimal Regional Insurance Provision: Do Federal Transfers Complement Local Debt?
(Private Enterprise Research Center, Texas A&M University, 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 ...
Optimal Interregional Redistribution and Local Borrowing Rules under Migration and Asymmetric Information
(Private Enterprise Research Center, Texas A&M University, 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 ...
Coronavirus Economics: The Impact of Shutting Down Meatpacking Plants
(Private Enterprise Research Center, Texas A&M University, 2020-10-01)
Due to the coronavirus pandemic, Covid-19 infections at meatpacking plants led to shutdowns across the United States. Beef became scarcer and with higher consumer prices, while ranchers received lower prices for their beef. ...
Federal Liabilities: 2021 Update
(Private Enterprise Research Center, Texas A&M University, 2021-06-11)
The 2020 Financial Report of the United States Government (FRUSG) identifies total federal liabilities of $32.7 trillion as of September 30, 2020. The debt held by the public, $21.1 trillion, comprised 62% of these ...