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Updated: A Presentation on the Coronavirus and The Economy
(Private Enterprise Research Center, Texas A&M University, 2020-04-28)
This presentation focuses on the coronavirus pandemic and its impact on College Station-Bryan and the state of Texas. The attached presentation includes information on: · Updated national Unemployment Insurance claims and ...
Economic Indicators of the College Station-Bryan MSA, January 2022
(Private Enterprise Research Center, Texas A&M University, 2022-01-24)
The Business-Cycle Index increased by 0.8% from October to November 2021. The local unemployment rate decreased to 3.9% in November from 4.0% in October. Local nonfarm employment increased slightly by 0.4% in November and ...
Risk and Risk Aversion Effects in Contests with Contingent Payments
(Private Enterprise Research Center, Texas A&M University, 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 ...
"Forecasting" Deficit Spending in the United States: A Look at Projections from the Congressional Budget Office
(Private Enterprise Research Center, Texas A&M University, 2017-10-01)
The Congressional Budget Office, or CBO, is the non-partisan government agency that provides projections of costs and revenues to Congress and the public. CBO projections are conditional forecasts of underlying economic ...
The Increase Convex Order and the Tradeoff of Size for Risk
(Private Enterprise Research Center, Texas A&M University, 2014-02-01)
One random variable is larger than another in the increasing convex order if that random variable is preferred or indifferent to the other by all decision makers with increasing and convex utility functions. Decision makers ...
Economic Indicators of the College Station-Bryan MSA, November 2020
(Private Enterprise Research Center, Texas A&M University, 2020-11-19)
The Business-Cycle Index decreased by 3.2% from August to September after four continuous months of positive growth. The local unemployment rate jumped to 5.6% in September from 4.3% in August, but remained the second ...
Market Concentration, Price Dispersion and Inefficient Cross-hauling in the Laboratory
(Private Enterprise Research Center, Texas A&M University, 2014-04-01)
This paper presents experimental evidence suggesting that persistent price dispersion that violates the law of one price may be a disequilibrium phenomena. Increasing market concentration increases the pecuniary incentive ...
Economic Indicators of the College Station-Bryan MSA, March 2020
(Private Enterprise Research Center, Texas A&M University, 2020-03-19)
The Business-Cycle Index was basically flat between December 2019 and January 2020. The revised nonfarm employment rate was 0.4% higher in January 2020 and has increased 2.6% relative to the level in January 2019. Taxable ...
The Impact of Teacher-Student Gender Matches: Random Assignment Evidence from South Korea
(Private Enterprise Research Center, Texas A&M University, 2016-01-01)
Subject-specific gender disparities appear and widen as students advance through school. In PERC Working Paper 1509, PERC Professor Jonathan Meer and Jaegeum Lim examine test scores for South Korean middle school students ...
Economic Indicators of the College Station-Bryan MSA, September 2019
(Private Enterprise Research Center, Texas A&M University, 2019-09-23)
The Business-Cycle Index rose 1% between June and July for an annualized rate of 12.2%. The unemployment rate remained at the historical low of 2.7% in July. Nonfarm employment is up 1.1% in July, or an increase of about ...