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Now showing items 11-20 of 43
The Time Varying Effect of Monetary Policy Surprise on Stock Returns: Bursting Bubble Beating Forward Guidance
(Private Enterprise Research Center, Texas A&M University, 2015-07-09)
The authors study the time varying effects of monetary policy on the stock returns in order to capture changes in the effectiveness of monetary policy over time. They find that a one percentage point surprise federal funds ...
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 ...
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 ...
Inter-Jurisdiction Migration and the Fiscal Policies of Local Governments
(Private Enterprise Research Center, Texas A&M University, 2019-06-28)
The relationship between migration and the economy is of great interest to researchers, especially where migration and local government fiscal policy intersect. In order to attract immigrants or retain current residents, ...