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Now showing items 51-60 of 339
Household Debt and the Effects of Fiscal Policy
(Private Enterprise Research Center, Texas A&M University, 2021-11-02)
This paper examines how the effects of government spending shocks depend on the balance-sheet position of households. Employing U.S. household survey data, the authors find that in response to a positive government spending ...
Pandemic Misery Index: States and Texas MSAs
(Private Enterprise Research Center, Texas A&M University, 2020-09-25)
How does Texas’ response to the coronavirus pandemic compare to that of other states? In this issue of PERCspectives on Policy, Dennis W. Jansen, Carlos I. Navarro, and Andrew J. Rettenmaier discuss which states, and ...
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 ...
Almost Stochastic Dominance: Magnitude Constraints on Risk Aversion
(Private Enterprise Research Center, Texas A&M University, 2021-06-01)
Almost stochastic dominance (ASD) extends conventional first and second degree stochastic dominance by placing restrictions on the variability in the first and second derivatives of utility. Such restrictions increase the ...
Economic Indicators of the College Station-Bryan MSA, May 2022
(Private Enterprise Research Center, Texas A&M University, 2022-05-31)
The Business-Cycle increased 1.2% from February 2022 to March 2022. The local unemployment rate decreased to 3.4% in March 2022 from 3.6% in February 2022. Local nonfarm employment in March increased by 0.3% from February ...
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 ...
Economic Indicators of the College Station-Bryan MSA, May 2020
(Private Enterprise Research Center, Texas A&M University, 2020-05-21)
Data on initial unemployment claims indicate almost 2 million workers in Texas have filed claims over the last 8 weeks. Nationally, 36.5 million new unemployment claims have been filed over the same time period. The price ...