Search
Now showing items 21-30 of 44
Economic Indicators of the College Station-Bryan MSA, July 2019
(Private Enterprise Research Center, Texas A&M University, 2019-07-22)
The Business-Cycle Index increased at a robust annualized rate of 5.8% between April and May 2019. The seasonally adjusted unemployment rate reached an all-time low of 2.8% in May. Nonfarm employment increased by 0.1% from ...
Getting Out of Our Health Insurance Quagmire
(Private Enterprise Research Center, Texas A&M University, 2019-09-03)
Per-capita spending on health care in the U.S. is the highest in the world, and it is not clear that this high spending generates additional health benefits. This high spending, coupled with high and rising health insurance ...
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 ...
Goodbye 2018, Hello 2019
(Private Enterprise Research Center, Texas A&M University, 2019-01-22)
The decline of the stock market and its recent volatility have many wondering about the future prospects of the economy. Other leading economic indicators offer a mixed outlook: hours worked in manufacturing remains high ...
The Long Run Effects of De Jure Discrimination in the Credit Market: How Redlining Increased Crime
(Private Enterprise Research Center, Texas A&M University, 2019-08-20)
Today in the United States, the welfare costs of crime are disproportionately borne by individuals living in predominately African-American or Hispanic neighborhoods. This paper by author John Anders shows that redlining ...
Monetary Policy Uncertainty: A Tale of Two Tails
(Private Enterprise Research Center, Texas A&M University, 2019-02-05)
Over the past two decades, expectations about the future of monetary policy has become a useful agent used by households and firms as they make spending and investment decisions. As central banks worldwide recognize the ...
From Fixed-event to Fixed-horizon Density Forecasts: Obtaining Measures of Multi-horizon Uncertainty from Survey Density Forecasts
(Private Enterprise Research Center, Texas A&M University, 2019-12-12)
Surveys of professional forecasters produce precise and timely point forecasts for key macroeconomic variables. However, the accompanying density forecasts are not as widely utilized, and there is no consensus about their ...
Economic Indicators of the College Station-Bryan MSA, November 2019
(Private Enterprise Research Center, Texas A&M University, 2019-11-25)
The College Station-Bryan Business-Cycle Index rose 0.9% between August and September for an annualized rate of 10.9%, down slightly from the previous month’s growth rate, but well above the long-term growth rate. The ...
Effects of Mandatory Energy Efficiency Disclosure in Housing Markets
(Private Enterprise Research Center, Texas A&M University, 2019-11-22)
Mandatory disclosure policies are increasingly prevalent despite sparse evidence that they improve market outcomes. We study the effects of requiring home sellers to provide buyers with certified audits of residential ...
Schools, Neighborhoods, and the Long-Run Effect of Crime-Prone Peers
(Private Enterprise Research Center, Texas A&M University, 2019-10-10)
Although it is well known that childhood peers affect future outcomes, little is known about the effects of different neighborhood factors. In working paper 1909, PERC’s Rex Grey Professor Mark Hoekstra and coauthor ...