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Now showing items 21-30 of 35
It is Time to Fix Social Security
(Private Enterprise Research Center, Texas A&M University, 2022-09-12)
This year, the Social Security program is projected to run a cash flow deficit of $121 billion, one-fifth of the U.S. annual federal deficit, and is expected to be insolvent in 12 years. In this issue of PERCspectives on ...
Interview with Sarah Zubairy
(Private Enterprise Research Center, Texas A&M University, 2022-02-08)
In the Winter 2022 issue of PERCspectives on Research, Sarah Zubary, PERC's Shirley A. Lynch Fellow, shares her experiences working at the Bank of Canada, being selected as a prestigious Chancellor’s Enhancing Development ...
Interview with Steven Puller
(Private Enterprise Research Center, Texas A&M University, 2022-09-30)
In this issue of PERCspectives on Research, Steven Puller, PERC's Professor in Free Enterprise, discusses how experiences in his youth sparked his interest in studying energy and economics, as well as travels abroad.
Effects of the Minimum Wage on the Nonprofit Sector
(Private Enterprise Research Center, Texas A&M University, 2022-12-20)
The nonprofit sector’s ability to absorb increases in labor costs differs from the private sector in a number of ways. We analyze how nonprofits are affected by changes in the minimum wage utilizing data from the Bureau ...
Evaluating Forecast Performance with State Dependence
(Private Enterprise Research Center, Texas A&M University, 2022-05-16)
In forecasting models, usually no single model emerges as the best overall, as forecasting performance is prone to instabilities because the economic mechanisms providing the data work better on one model during some periods ...
Can Electricity Demand Help Us Monitor the Economy?
(Private Enterprise Research Center, Texas A&M University, 2022-07-12)
The recent pandemic has emphasized the importance of high-frequency economic variables. Electricity consumption, particularly important as a production input, is one such variable. However, electricity consumption typically ...
Household Debt and the Effect of Fiscal Policy
(Private Enterprise Research Center, Texas A&M University, 2022-02-08)
Since the Great Recession, policymakers have increasingly relied on fiscal policy to stabilize and stimulate the economy. This Winter 2022 issue of PERCspectives on Research summarizes a paper by PERC’s Shirley A. Lynch ...
The Federal Reserve & Interest Rates: It's the Interest on Reserves, Not the Fed Funds Rate That Matters
(Private Enterprise Research Center, Texas A&M University, 2022-09-16)
Much of the press’s reporting of the Federal Reserve’s efforts to fight inflation is measured by how much the Federal Reserve will raise interest rates at its next FOMC meeting. But the press’s measure of interest ...
Economic Indicators of the College Station-Bryan MSA, June 2022
(Private Enterprise Research Center, Texas A&M University, 2022-06-20)
The Business-Cycle Index increased 1.1% from March 2022 to April 2022. The local unemployment rate decreased to 3.3% in April 2022 from 3.4% in March 2022. Local nonfarm employment in April increased by 0.5% from March and ...
Economic Indicators of the College Station-Bryan MSA, August 2022
(Private Enterprise Research Center, Texas A&M University, 2022-08-18)
The Business-Cycle Index increased 0.5% from May 2022 to June 2022. The local unemployment rate remained unchanged at 3.2% in June 2022. Local nonfarm employment in June increased by 1% from May and was 2.95% higher than ...