Search
Now showing items 31-40 of 85
Staying the Course or Rolling the Dice: Time Horizon’s Effect on the Propensity to Take Risk
(Private Enterprise Research Center, Texas A&M University, 2019-02-06)
Is the old adage that states that the young take more risk than the old correct? In PERC Working Paper 1902, authors Liqun Liu, Andrew J. Rettenmaier and Thomas R. Saving investigate this conventional wisdom in the context ...
Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market
(Private Enterprise Research Center, Texas A&M University, 2015-06-01)
Many jurisdictions around the world have deregulated utilities and opened retail markets to competition. However, inertial decisionmaking can diminish consumer benefits of retail competition. Using household-level data ...
The Long-Run Effects of Disruptive Peers
(Private Enterprise Research Center, Texas A&M University, 2016-08-09)
There's a great deal of research on how classmates can affect test scores and discipline in school, but what about later in life? In Working Paper 1605, the authors look at the long-term impact of childhood peers, particularly ...
Elderly Entitlements and Wealth Inequality
(Private Enterprise Research Center, Texas A&M University, 2022-12-21)
By most measures, wealth inequality has risen significantly over the last three decades and is a growing concern. However, standard wealth definitions require that individuals possess a legal claim to assets included as ...
Are Charters the Best Alternative?
(Private Enterprise Research Center, Texas A&M University, 2016-01-01)
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 ...
Networking the Yield Curve: Implications for Monetary Policy
(Private Enterprise Research Center, Texas A&M University, 2021-05-06)
In this working paper, authors Tatevik Sekhposyan, Tatjana Dahlhaus, and Julia Schaumburg introduce a flexible, time-varying network model to trace the propagation of interest rate surprises across different maturities. ...
The Relationship Between Health Insurance and Early Retirement: Evidence from the Affordable Care Act
(Private Enterprise Research Center, Texas A&M University, 2018-08-27)
Beginning with the first round of the Affordable Care Act’s Medicaid expansions, which specifically targeted low-income adults without dependent children, the uninsured rate reached a record low in 2015. However, the ...
Portfolio Choice in the Model of Expected Utility with a Safety-First Component
(Private Enterprise Research Center, Texas A&M University, 2020-10-14)
Whereas the majority of economists interpret risk as dispersion or variation in an outcome variable, many everyday decision makers tend to associate risk with the outcome failing to meet a certain “safety� level. In ...
What Happened to Rosie?
(Private Enterprise Research Center, Texas A&M University, 2015-02-01)
Identifying the relationship between wartime work and women’s lifetime outcomes is difficult due to scant work histories from the 1940s. This study identifies “Rosie the Riveters� using data from the 1973 Current ...
Restricted Increases in Risk Aversion and Their Application
(Private Enterprise Research Center, Texas A&M University, 2015-02-23)
This paper proposes two restricted forms of an increase in risk aversion. Using examples from portfolio choice, self-protection and insurance demand, it is shown that these stronger notions of increased risk aversion ...