A comprehensive list of recently added postings on Dallasfed.org.
Time-varying Persistence of House Price Growth: The Role of Expectations and Credit Supply
High persistence is a prominent feature of price movements in U.S. housing markets, i.e., house prices grow faster this period if they grew faster last period. This paper provides two additional new insights to the literature on U.S. house price movements.
May 14, 2024
Dallas-Fort Worth Economic Indicators, May 2024
Dallas–Fort Worth economic growth waned in March. Payroll employment and home sales dipped, while unemployment ticked up.
May 14, 2024
How global oil sanctions lowered Russian oil export prices
The decline in Russian oil export revenue since January 2022 was achieved by reducing the Russian export price rather than the volume of Russian oil exports.
May 14, 2024
Bankers report growing loan volumes, but continued credit tightening
Loan volumes declined after having largely stabilized in the two prior surveys, according to banking executives responding to the Banking Conditions Survey.
May 13, 2024
Addressing Texas grid reliability: Time to go nuclear?
Thirty years after Texas’ last nuclear plant opened, new nuclear generation could provide needed power without planet-warming greenhouse gas emissions.
May 13, 2024
Houston Economic Indicators, April 2024
Houston’s job growth continued to moderate in March. However, layoff announcements did not signal a spike in job losses. Export volumes through the Port of Houston continued to grow strongly while imports have ticked up moderately since November.
May 10, 2024
Energy Indicators, May 8, 2024
Coal power usage continues to decline in Texas. Solar power will be roughly half of all new electric-generation additions in both Texas and the U.S. in 2024, according to the Energy Information Administration.
May 8, 2024
Job seekers with associate degrees likely to benefit from short-term credentials
Proponents of short-term credentials hope these programs that are shorter (and often cheaper) than traditional college can boost economic mobility for students who would otherwise forgo a degree.
May 8, 2024
Not Your Typical Cycle: Where Does Real Estate Go From Here?
This conference brought together insights from industry analysts, economists and market experts to make sense of the latest trends affecting residential and commercial real estate.
May 8, 2024
Mean Group Distributed Lag Estimation of Impulse Response Functions in Large Panels
This paper develops Mean Group Distributed Lag (MGDL) estimation of impulse responses of common shocks in large panels with one or two cross-section dimensions.
May 7, 2024