Now showing items 1-10 of 10

    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)
      In this paper, Sarah Zubairy Sami Alpanda analyze the business cycle implications of firms having oligopsony power in labor markets, as well as oligopoly power in product markets, within the context of a New Keynesian ...
    • Ma, Eunseong; Zubairy, Sarah (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
    • Zubairy, Sarah; Alpanda, Sami; Song, Hyunji (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
    • Zubairy, Sarah; Alpanda, Sami; Song, Hyunji (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 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 ...
    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-08-27)
      Monetary policy was used during the Great Recession to stimulate the U.S. economy, but were its effects dependent on prevailing levels of high household debt? In working paper 1806, PERC Professor Sarah Zubairy and coauthor ...
    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-10-09)
      During past recessions like the Great Recession, policy makers sought to boost the economy through fiscal and monetary policy changes. Taking into account the economy’s slow recovery, how effective were the monetary ...
    • Zubairy, Sarah; Bi, Huixi (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-06-29)
      With aging societies, policymakers have increasingly focused on pension retrenchment reforms in recent years to keep their pension systems solvent. PERC Professor Sarah Zubairy and co-author Huixin Bi explore the evolution ...
    • Zubairy, Sarah; Bi, Huixi (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-02-15)
      Many OECD countries have significantly increased spending on public pensions over the last half-century. As more retirees begin to draw benefits, policymakers have placed more focus on retrenchment reforms in order to keep ...
    • Alpanda, Sami; Granziera, Eleonora; Zubairy, Sarah (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-04-28)
      In this paper, PERC Professor Sarah Zubairy, along with co-authors Sami Alpanda and Eleonora Granziera study how phases of the business, credit and interest rate cycles affect the transmission of monetary policy using ...
    • Zubairy, Sarah; Jo, Yoon J. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-02-01)
      The recent period of low interest rates have shown that fiscal policies have become crucial for economic recovery. This paper shows that the source of business cycle fluctuations matters for determining the size of government ...