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Investing in Future Generation: Relating Debt Reduction and Environmental Protection
(Private Enterprise Research Center, Texas A&M University, 2016-12-01)
Governments often engage in activities that affect the welfare of future generations in opposite directions. Long-term projects aimed at protecting the environment benefit future generations, whereas increasing government ...
Are Charters the Best Alternative? A Cost Frontier Analysis
(Private Enterprise Research Center, Texas A&M University, 2016-09-01)
Texas has been part of the charter school movement since 1995, when the 74th Texas Legislature authorized the State Board of Education to establish open enrollment (OE) charter schools in the state. According to the Texas ...
Risk and Risk Aversion Effects in Contests with Contingent Payments
(Private Enterprise Research Center, Texas A&M University, 2018-01-18)
Firms seeking new products, investors backing competitors, and government agencies in search of design solutions are all examples of different models of contest design found in the marketplace. In PERC’s working paper ...
How Much Will We Spend on Health Care?
(Private Enterprise Research Center, Texas A&M University, 2016-10-10)
This atypical election cycle has diverted attention from the growing evidence that premiums for health insurance sold on the exchanges are rising while options have declined. Health expenditures are also again growing ...
Persistent Effects of Teacher-Student Gender Matches
(Private Enterprise Research Center, Texas A&M University, 2018-01-18)
The absence of same gender role models in STEM fields has been shown to discourage female student participation in STEM fields of study. In PERC Working Paper 1706, Persistent Effects of Teacher-Student Gender Matches, ...
Monetary Policy Uncertainty: A Tale of Two Tails
(Private Enterprise Research Center, Texas A&M University, 2018-11-12)
During the last few decades, central banks across the globe came to recognize the potentially valuable role that transparency can play in stabilizing the economy. For example, the Federal Reserve in the US started releasing ...
Does Maternity Leave Duration Affect Labor Force Participation and Productivity?
(Private Enterprise Research Center, Texas A&M University, 2018-12-03)
Given the extensively documented evidence that increases in female labor force participation rate are beneficial for the economy in the long run, a natural question that arises in this context is whether policy changes can ...
Economic Indicators of the College Station-Bryan MSA, November 2018
(Private Enterprise Research Center, Texas A&M University, 2018-11-19)
The Business-Cycle Index rose at an annualized rate of 4.1%, still above the long-run average growth rate but down slightly from the growth rate for August. The unemployment rate was unchanged in September, remaining at ...
The Probability Premium Approach to Comparative Risk Aversion
(Private Enterprise Research Center, Texas A&M University, 2015-04-23)
In the framework of expected utility, nth-degree risk aversion/loving is unequivocally characterized by the sign of the nth-order derivative of the utility function, but there exist different notions of one decision maker ...
Homeownership and Housing Transitions: Explaining the Demographic Composition
(Private Enterprise Research Center, Texas A&M University, 2019-06-03)
The homeownership rate was relatively stable for the few decades preceding 1995, followed by a large increase between 1995-2005 and a subsequent decline over the next ten years. Authors Eunseong Ma and Sarah Zubairy document ...