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Economic Indicators of the College Station-Bryan MSA, February 2019
(Private Enterprise Research Center, Texas A&M University, 2019-02-25)
The Business Cycle Index for the month of December 2018 rose at an annualized rate of 4.6%, slightly above the long-run average. Nonfarm employment in College Station-Bryan rose slightly between November and December 2018 ...
Inflation Dynamics and the Cost Channel: The Small Open Economy Case
(Private Enterprise Research Center, Texas A&M University, 2014-05-19)
This paper investigates the cost channel of monetary policy, transmitting its effect on economic activities other than conventional demand side, in a small open economy. The innovations lie in examination of the cost ...
Effects of Mandatory Energy Efficiency Disclosure in Housing Markets
(Private Enterprise Research Center, Texas A&M University, 2020-02-25)
Policymakers are increasingly using mandated information disclosures as a way to increase market efficiency by providing information on quality to buyers. In the housing market in Austin, Texas, home sellers are required ...
Economic Indicators of the College Station-Bryan MSA, February 2023
(Private Enterprise Research Center, Texas A&M University, 2023-02-16)
The Business-Cycle Index increased 0.8% from November 2022 to December 2022. The local unemployment rate decreased to 3.1% in December 2022 compared to 3.2% in November. December’s local nonfarm employment increased by ...
The Long-Run Effects of Disruptive Peers
(Private Enterprise Research Center, Texas A&M University, 2017-01-01)
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, PERC's Rex Grey Professor of Economics Mark Hoekstra, Scott E. Carrell ...
The Pandemic Misery Index
(Private Enterprise Research Center, Texas A&M University, 2021-03-18)
The Covid-19 pandemic has brought with it both human and economic loss. The Pandemic Misery Index, or PMI, is a simple metric that measures the effectiveness of pandemic-related public policies by combining the unemployment ...
Federal Liabilities: 2019 Update
(Private Enterprise Research Center, Texas A&M University, 2019-05-17)
The Financial Report of the United States Government (FRUSG), released at the end of March, identifies total federal liabilities of $25.4 trillion as of September 30, 2018. The debt held by the public, $15.8 trillion, ...
The Federal Reserve, the Great Recession and the Lost Inflation
(Private Enterprise Research Center, Texas A&M University, 2016-07-01)
Ever since the Federal Reserve began its series of Quantitative Easing, traditional monetary economists have been predicting levels of inflation that would rival the inflation of the late 1970’s and early 1980’s. The ...
Economic Indicators of the College Station-Bryan MSA, December 2020
(Private Enterprise Research Center, Texas A&M University, 2020-12-17)
The Business-Cycle Index increased by 1.6% from September to October 2020. The local unemployment rate decreased to 4.9% in October from 5.6% in September and remained the second-lowest rate among Texas metros. Local nonfarm ...
The Pandemic and Texas State Tax Revenue
(Private Enterprise Research Center, Texas A&M University, 2021-01-22)
Government budgets have undergone drastic changes due to the coronavirus pandemic. In this issue, authors Dennis W. Jansen and Andrew J. Rettenmaier share the state of Texas’ tax collections compared to previous years. ...