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Now showing items 1591-1600 of 1775
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 ...
Vehicle Miles (Not) Traveled: Fuel Economy Requirements, Vehicle Characteristics, and Household Driving
(Private Enterprise Research Center, Texas A&M University, 2017-01-01)
Simply put, the less Americans drive, the less gas they use. More driving, more gas. The negative effects of gasoline consumption are well-documented, ranging from local effects of automobile pollution on individuals' ...
The Great Recession and Charitable Giving
(Private Enterprise Research Center, Texas A&M University, 2017-03-01)
The authors examine the impact of the Great Recession on charitable giving. Using the Panel Study of Income Dynamics, the authors estimate a variety of specifications and find sharp declines in overall don-ative behavior ...
Rethinking Federal Debt: What Do We Really Owe?
(Private Enterprise Research Center, Texas A&M University, 2016-08-01)
Ever since the Federal Reserve began its series of Quantitative Easing Federal Reserve assets have increased fourfold. During this same period federal deficits have increased the level of publicly held debt by 260%. There ...
Optimality of Winner-Take-All Contests: The Role of Attitudes Toward Risk
(Private Enterprise Research Center, Texas A&M University, 2019-12-16)
It has been established in the literature that, under the assumption of risk-neutral contestants, it is usually optimal for an effort maximizing contest organizer with a fixed prize budget to award everything to a single ...
The Effect of Own-Gender Juries on Conviction Rates
(Private Enterprise Research Center, Texas A&M University, 2018-07-11)
The right to an impartial jury is the cornerstone of the U.S. justice system and is enshrined in the Bill of Rights, but are these juries truly impartial, or do they favor defendants who are similar to themselves? In PERC ...
Does Funding Create New Giving?
(Private Enterprise Research Center, Texas A&M University, 2016-05-01)
Despite an extensive literature on the impacts of a variety of charitable fundraising tech-niques, little is known about whether these activities increase overall giving or merely cause donors to substitute away from other ...
The Relationship Between Health Insurance and Early Retirement: Evidence from the Affordable Care Act
(Private Enterprise Research Center, Texas A&M University, 2018-10-09)
As the Affordable Care Act (ACA) recently expanded Medicaid coverage to low-income childless adults, the uninsured rate reached a record low in 2015. In contrast, large firms with 200 or more employees are continuing to ...