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Expected Permanent Fund Dividends: New Measures Based on a Narrative Analysis and Archival Data

60 Pages Posted: 12 Mar 2016  

Lorenz Kueng

Northwestern University - Kellogg School of Management; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: July 7, 2015

Abstract

This paper derives two measures of expected Alaska Permanent Fund Dividends (PFD), which are large annual payments to most Alaskan residents. The first measure is based on a narrative analysis of all major Alaskan newspapers from 1982 to 2014. The second is derived from new data from 1991 to 2014 of the Permanent Fund's income from assets, which largely determines the size of the annual dividend per person. Additional information about the PFD is provided that will help those who plan to use this quasi-natural experiment for future research.

Suggested Citation

Kueng, Lorenz, Expected Permanent Fund Dividends: New Measures Based on a Narrative Analysis and Archival Data (July 7, 2015). Available at SSRN: https://ssrn.com/abstract=2746483

Lorenz Kueng (Contact Author)

Northwestern University - Kellogg School of Management ( email )

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National Bureau of Economic Research (NBER) ( email )

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