A comprehensive list of recently added postings on Dallasfed.org.
Texas Employment Forecast
Incorporating September employment growth of 1.7 percent and moderate growth in the Texas Leading index, the Texas Employment Forecast suggests jobs will grow 2.7 percent this year (December/December), with an 80 percent confidence band of 2.2 to 3.2 percent.
October 19, 2018
Slow Post-Financial Crisis Recovery and Monetary Policy
Post-financial crisis recoveries tend to be slow and be accompanied by slowdowns in TFP and permanent losses in GDP. To prevent them, how should monetary policy be conducted?
October 19, 2018
Reforming Fiscal Institutions in Resource-Rich Arab Economies: Policy Proposals
This paper traces the evolution of fiscal institutions of Resource-Rich Arab Economies over time since their pre-oil days, through the discovery of oil to their build-up of oil exports.
October 18, 2018
Opportunity Zones in Texas
This article explores the implications of a new tax incentive program to spur investment in low-income communities.
October 17, 2018
Global Trends in Interest Rates
The trend in the world real interest rate for safe and liquid assets fluctuated close to 2 percent for more than a century, but has dropped significantly over the past three decades.
October 16, 2018
Austin Economic Indicators
Austin economic growth was moderate in August. The Austin Business-Cycle Index stabilized but was below its long-term trend. Job growth rebounded after a sharp drop in July, while the unemployment rate ticked up slightly.
October 4, 2018
Explosive Dynamics in House Prices? An Exploration of Financial Market Spillovers in Housing Markets Around the World
We investigate the emergence of explosiveness in the dynamics of real house prices and the role played by asset market spillovers.
October 2, 2018
El Paso Economic Indicators
Growth in El Paso remains broad based. Year to date, the metro has added jobs at a 2.0 percent annualized rate, above its long-run average of 1.5 percent. Home sales are at an all-time high, while home-price appreciation is moderate.
October 1, 2018
Current Account Adjustment and Retained Earnings
This paper develops a formal strategy to calculate current accounts with retained earnings on equity investment and analyzes their adjustment during the global financial crisis.
October 1, 2018
Agricultural Survey, Third Quarter 2018
Bankers responding to the third-quarter survey noted some easing of drought conditions across several regions of the Eleventh District.
October 1, 2018