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Now showing items 151-160 of 346
The Relationship Between Health Insurance and Early Retirement: Evidence from the Affordable Care Act
(Private Enterprise Research Center, Texas A&M University, 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 ...
The Federal Reserve: Back to the Past
(Private Enterprise Research Center, Texas A&M University, 2017-10-01)
The Federal Reserve's payment of interest on bank reserves balances has transformed the balances to investments rather than just insurance against a run on the banking system. The paying of interest on reserves allowed the ...
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 ...
What Happened to Rosie?
(Private Enterprise Research Center, Texas A&M University, 2015-02-01)
Identifying the relationship between wartime work and women’s lifetime outcomes is difficult due to scant work histories from the 1940s. This study identifies “Rosie the Riveters� using data from the 1973 Current ...
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 ...
Restricted Increases in Risk Aversion and Their Application
(Private Enterprise Research Center, Texas A&M University, 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 ...
Health Care Spending in the United States: What is Next?
(Private Enterprise Research Center, Texas A&M University, 2016-12-01)
Health care spending will always command public policy attention given the prominence of government payers in this market and the role played by the tax system in subsidizing health insurance purchases. But, with President-elect ...
Tradeoffs for Downside Risk-Averse Decision-Makers and the Self-Protection Decision
(Private Enterprise Research Center, Texas A&M University, 2015-03-26)
Besides risk aversion, decision makers are often assumed to be downside risk averse. In order to investigate tradeoffs that downside risk averse decision makers face, this paper proposes five stochastic orders, each ...
Property Titles of Non-Renewable Natural Resources in Mexico: An Alternative to "Constitutional Nationalism"
(Private Enterprise Research Center, Texas A&M University, 2022-09-26)
Here, the authors propose the benefits of instituting a Sovereign Mexican Fund (SMF), which emulates the Alaska Trust Fund, in order to reconcile the capital investment needs of the energy sector in Mexico with the strong ...
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 ...