Search
Now showing items 21-30 of 85
The Vicious Circle of Blackouts and Revenue Collection in Developing Economies: Evidence from Ghana
(Private Enterprise Research Center, Texas A&M University, 2018-11-20)
Access to reliable electricity is one of the largest barriers to economic growth in developing economies. Utilities suffer from the twin challenges of quasi-fiscal deficits and the need to implement rolling blackouts during ...
Comparative Risk Apportionment
(Private Enterprise Research Center, Texas A&M University, 2021-01-04)
A decision maker who would rather apportion an independent risk in a state with a good lottery than in a state with a bad lottery is said to have a preference for risk apportionment (Eeckhoudt & Schlesinger, 2006). In this ...
Is Social Security Wealth?
(Private Enterprise Research Center, Texas A&M University, 2016-04-01)
Wealth inequality has grown significantly over the last three decades and there are growing concerns about the diminishing wealth share of the middle class. Standard wealth definitions require that individuals possess a ...
Alternative Approaches to Comparative nth-Degree Risk Aversion
(Private Enterprise Research Center, Texas A&M University, 2018-07-30)
Economists have used the risk premium and the probability premium that are revealed through individual choices to compare how risk averse two individuals are. These behavioral, or choice-based, measures of risk aversion ...
Inter-Jurisdiction Migration and the Fiscal Policies of Local Governments
(Private Enterprise Research Center, Texas A&M University, 2019-02-04)
In this paper, authors Darong Dai, Dennis W. Jansen and Liqun Liu analyze the effects of migration on the fiscal policies of local governments. Because of the possibility of migrating to another jurisdiction later in life, ...
The Time Varying Effect of Monetary Policy Surprise on Stock Returns: Bursting Bubble Beating Forward Guidance
(Private Enterprise Research Center, Texas A&M University, 2015-07-09)
The authors study the time varying effects of monetary policy on the stock returns in order to capture changes in the effectiveness of monetary policy over time. They find that a one percentage point surprise federal funds ...
The Impact of Election Fraud on Government Performance
(Private Enterprise Research Center, Texas A&M University, 2019-03-07)
Election fraud is considered pervasive throughout many countries, raising concerns it can facilitate corruption and inhibit economic growth by preventing voters from holding elected officials accountable. This paper examines ...
Inflation and Real GDP Growth in the U.S.
(Private Enterprise Research Center, Texas A&M University, 2023-07-18)
Here, authors Dennis Jansen, Jui-Chuan Della Chang, and Carolina Pagliacci look at the recent experience of the United States via the lens of sign restrictions to identify shocks to aggregate demand and aggregate supply. ...
Does Fundraising Create New Giving?
(Private Enterprise Research Center, Texas A&M University, 2016-02-01)
Despite an extensive literature on the impacts of a variety of charitable fundraising tech-niques, little is known about whether these activities increase overall giving or merely cause donors to substitute away from other ...
Nonlinear Evidence on the Existence of Jobless Recoveries
(Private Enterprise Research Center, Texas A&M University, 2015-07-01)
The sluggish growth in employment following the Great Recession has spurred research into investigating its cause. Economists are split as to whether it reflects the advent of “jobless recoveries� or just reflects ...