The relationship between migration and the economy is of great interest to researchers, especially where migration and local government fiscal policy intersect. In order to attract immigrants or retain current residents, ...

Today in the United States, the welfare costs of crime are disproportionately borne by individuals living in predominately Black or Hispanic neighborhoods. Is there a historical cause behind these inequalities in crime? ...

Misdemeanor crimes make up 80 percent of all crimes in the criminal justice system. Meanwhile, communities across the United States are beginning to reconsider the public safety benefits of prosecuting these low-level ...

Despite strong demand for attending high schools with better peers, there is mixed evidence on whether doing so improves academic outcomes. The authors estimate the cognitive returns to high school quality using administrative ...

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. Here, ...

As the Affordable Care Act (ACA) recently expanded Medicaid coverage to low-income childless adults, the uninsured rate reached a record low in 2015. In contrast, large firms with 200 or more employees are continuing to ...

Although it is well known that childhood peers affect future outcomes, little is known about the effects of different neighborhood factors. In working paper 1909, PERC’s Rex Grey Professor Mark Hoekstra and coauthor ...

The Tax Cut and Jobs Act of 2017 made significant changes to the rate structure of the Internal Revenue Code of the United States, including the near-doubling of the standard deduction. Many taxpayers who normally itemize ...

Generally, stock prices react negatively to unanticipated and restrictive monetary policies. In PERC Working Paper 1505, Jordan Professor of Economics, Dennis W. Jansen, and Anastasia S. Zervou test to what extent surprises ...