A comprehensive list of recently added postings on Dallasfed.org.
Behind the Numbers: PCE Inflation Update, December 2016
The headline, or all-items, PCE price index rose 1.9 percent at an annualized rate in December, driven in part by a 2.9 percent increase in the price index for gasoline and other motor fuel.
January 30, 2017
San Antonio Economic Indicators, January 2017
The San Antonio economy continued to grow at a healthy pace in December. Job growth remained strong, while the unemployment rate continued to suggest a tight labor market.
January 27, 2017
El Paso Economic Indicators, January 2017
El Paso job growth exceeded that of Texas in 2016. Home sales surpassed prerecession levels, but home prices remain stable.
January 25, 2017
DFW Economic Indicators, January 2017
While job growth was lackluster and unemployment rose during the month, DFW employment grew a vigorous 2.7 percent in 2016.
January 24, 2017
The Impact of Global Uncertainty on the Global Economy, and Large Developed and Developing Economies
Global uncertainty shocks are associated with a sharp decline in global inflation, global growth and in the global interest rate.
January 24, 2017
Export Tax Rebates and Resource Misallocation: Evidence from a Large Developing Country
The export tax rebate (ETR) policy is one of the most frequently used policy instruments by Chinese policy makers. This paper therefore provides a vital analysis of its allocation effects.
January 24, 2017
The Globalisation of Inflation: the Growing Importance of Global Value Chains
Greater international economic interconnectedness over recent decades has been changing inflation dynamics.
January 23, 2017
Flipping the Housing Market
We add arbitraging middlemen -- investors who attempt to profit from buying low and selling high -- to a canonical housing market search model.
January 19, 2017
Unifying Macro Elasticities in International Economics
International trade studies have higher macro (Armington) elasticity measures compared to international finance studies.
January 18, 2017
Domestic vs. International Welfare Gains from Trade
Using varieties of a rich model that considers sectoral heterogeneity and input-output linkages, this paper shows that the overall welfare gains of a region within a country can be decomposed into domestic versus international welfare gains from trade.
January 18, 2017