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Economic Indicators of the College Station-Bryan MSA, October 2019
(Private Enterprise Research Center, Texas A&M University, 2019-10-21)
The College Station-Bryan Business-Cycle Index reached another all-time high this month. The CSB business-cycle increased almost 1% this month for an annualized rate of 11.8%, extending both the number of months of positive ...
Nonlinear Evidence on the Existence of Jobless Recoveries
(Private Enterprise Research Center, Texas A&M University, 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 ...
Japanese Government Debt: It's Not As Bad As You Might Think
(Private Enterprise Research Center, Texas A&M University, 2019-12-02)
Japan, the third-largest economy in the world by GDP, is also the most heavily indebted of the highly developed countries. Its gross debt of 1,175.84 trillion yen is an eye-popping 213.7% of GDP. In this issue of Data ...
Texas: Leading the Way on Wind Power
(Private Enterprise Research Center, Texas A&M University, 2018-12-03)
Wind power is a growing source for electricity generation in the United States, and wind power now providing over 6% of our electricity. In Texas wind is responsible for 15% of electricity production, and Texas produces ...
Economic Indicators of the College Station-Bryan MSA, May 2019
(Private Enterprise Research Center, Texas A&M University, 2019-05-20)
The Business Cycle Index decreased by 0.1% between February and March 2019, resulting in an annualized rate of -1.1%. Nonfarm employment in College Station-Bryan increased 0.3% from February to March 2019 and has grown ...
Fear the Machine?
(Private Enterprise Research Center, Texas A&M University, 2018-07-11)
How do the technological changes caused by increased automation and A.I. affect workers’ wages and jobs? This article summarizes PERC working paper 1801, PERC’s Director Dennis W. Jansen and co-author Michael D. Bradley ...
Coronavirus and the Economy Presentation, Updated 8/27
(Private Enterprise Research Center, Texas A&M University, 2020-08-27)
This presentation includes information on: · The number of unemployment insurance claims in the U.S. and Texas for the week ending August 22, 2020 and August 15, 2020 for College Station-Bryan · June unemployment rates ...
Portfolio Choice in the Model of Expected Utility with a Safety-First Component
(Private Enterprise Research Center, Texas A&M University, 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 ...
U.S. Budget Woes, the CBO Projections
(Private Enterprise Research Center, Texas A&M University, 2018-04-30)
The latest projections from the Congressional Budget Office are worrisome and were expected to be so. In fact, federal debt held by the public is projected to be 106% of GDP by 2028 and deficits are expected to persist ...
Economic Indicators of the College Station-Bryan MSA, December 2019
(Private Enterprise Research Center, Texas A&M University, 2019-12-18)
The College Station-Bryan Business-Cycle Index rose 0.8% between September and October for an annualized rate of 9.7%. The unemployment rate remains near its historical low but did exhibit a small 0.1 percentage point ...