A comprehensive list of recently added postings on Dallasfed.org.
El Paso Economic Indicators
Economic activity in El Paso remains solid. Nonfarm employment continued to climb in September. Maquiladora activity in Ciudad Juárez is healthy, and the El Paso housing market remains strong, with sales near all-time highs.
November 1, 2017
Houston Economic Indicators
Hurricane Harvey significantly affected economic activity in Houston at the end of August and through a good portion of September. Available data indicate that recovery is well underway for some sectors.
October 31, 2017
Monetary Rule, Central Bank Loss and Household’s Welfare: an Empirical Investigation
This paper uses Bayesian estimations to evaluate the Smets and Wouters (2007) model under nine monetary policy rules with U.S. data ranging from 1955 to 2017 and over three different sub-periods.
October 31, 2017
Monetary Policy Divergence, Net Capital Flows, and Exchange Rates: Accounting for Endogenous Policy Responses
This paper measures the effect of monetary tightening in key advanced economies on net capital flows and exchange rates around the world.
October 31, 2017
San Antonio Economic Indicators
The San Antonio economy continued to grow at a brisk pace in September. The San Antonio Business-Cycle Index expanded above trend, as jobs grew moderately and the area unemployment rate declined.
October 26, 2017
Dallas-Fort Worth Economic Indicators
The Dallas–Fort Worth economy strengthened in September. The Dallas and Fort Worth business-cycle indexes expanded further. Job gains were solid last month, and unemployment in both metros fell to its lowest level in a year, pointing to further tightening in labor markets.
October 24, 2017
Impact of Hurricane Harvey and a Discussion of Key Structural Drivers Affecting U.S. Monetary Policy
In a new essay, Robert S. Kaplan provides a synopsis of his current views regarding the economic impact of Hurricane Harvey as well as economic conditions and U.S. monetary policy.
October 17, 2017
Permian Basin Economic Indicators, October 2017
Permian Basin employment grew in August, and the unemployment rate ticked up. During September, estimated oil production and the rig count rose as did the average monthly price per barrel of West Texas Intermediate crude oil.
October 11, 2017
The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis
This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different types of crude oil that are imperfect substitutes for each other as inputs into the refining sector.
October 11, 2017
Austin Economic Indicators
The Austin economy expanded at a moderate pace in August. Growth in the Austin Business-Cycle Index continued to fall below its long-term trend as jobs declined in August, although the area unemployment rate remained flat at a low level.
October 5, 2017