A comprehensive list of recently added postings on Dallasfed.org.
Does it matter who finances the government’s debt?
Government debt financed from domestic savings has a smaller effect on interest rates than government debt financed from foreign borrowing, and nations that are net international creditors can borrow more cheaply than net international debtors. These observations help explain massive government borrowing since 2008 while bond yields remained persistently low.
August 11, 2026
Are We Consuming Too Much Groundwater?
This paper studies the optimality of human groundwater extraction from many of the world’s 3,400 aquifers, where institutional or market failures may produce non-optimal extraction decisions.
August 10, 2026
Permian Basin Economic Indicators, Q2 2026
Employment in the Texas Permian Basin grew in the three months ending in June, while unemployment rates rose. The number of home sales increased, while the median price of homes sold decreased. Oil production, the number of new wells drilled and the number of active rigs all moved up.
August 7, 2026
What the Iran War Teaches Us about the Price Elasticity of Oil Supply
This paper draws on evidence from the 2026 Iran War to assess the validity of estimates of the short-run price elasticity of oil supply reported in the literature.
August 6, 2026
The Incidence of Fuel-Price Shocks and Tax Holidays: Evidence from the 2026 Oil Shock
This paper measures the distributional incidence of U.S. motor-fuel tax holidays using transaction records from ∼13,200 gasoline stations linked to neighborhood income.
August 6, 2026
Mexican economy gains momentum
Mexico's economy expanded in the second quarter. According to preliminary estimates, GDP grew 6.1 percent annualized quarter over quarter, up from a 2.4 percent contraction in Q1.
August 6, 2026
Optimal Second-best Menu Design: Evidence from Residential Electricity Plans
Utilities increasingly sell electricity using complex menus of time-constant and time-varying price schedules. This paper studies how to design such a menu to maximize social welfare in a second-best environment where the marginal private and external costs of generating electricity vary over time, institutional constraints prevent mandating time-varying pricing and consumer behavior is distorted by frictions.
August 5, 2026
The Effects of U.S. Public R&D on Global Growth
This paper provides the first causal estimates of the global social returns to U.S. public R&D.
August 4, 2026
How USMCA compliance cushioned the 2025 tariff shock
Despite regional sourcing and compliance costs, USMCA-based firms enjoy an edge over competitors outside North America facing higher U.S. tariffs.
August 4, 2026
El Paso Economic Indicators, June 2026
The El Paso economy continued to expand in the second quarter. Employment increased in the three months ending in June, while the unemployment rate rose. Retail sales tax collections decreased, and total trade volumes continued to grow.
August 4, 2026