A comprehensive list of recently added postings on Dallasfed.org.
A Theory of Gross and Net Capital Flows over the Global Financial Cycle
This paper develops a theory to account for changes in prices of risky and safe assets and gross and net capital flows over the global financial cycle.
December 19, 2022
The Contribution of Jump Signs and Activity to Forecasting Stock Price Volatility
This paper proposes a novel approach to decompose realized jump measures by type of activity (finite/infinite) and by sign.
December 17, 2022
Commodity Exports, Financial Frictions and International Spillovers
This paper offers a solution to the international co-movement puzzle found in open-economy macroeconomic models.
December 16, 2022
Texas Employment Forecast
The Texas Employment Forecast indicates that jobs will increase 3.5 percent in 2022, with an 80 percent confidence band of 3.2 to 3.7 percent.
December 16, 2022
Mission-oriented banks in Texas and underserved businesses: lessons from the Paycheck Protection Program
Although it is too soon to have outcome data on the ECIP, we can still explore how useful expanding MDI and CDFI lending might be to underserved small firms by using data on loan access and forgiveness from its predecessor, the PPP.
December 16, 2022
Houston Economic Indicators
Houston has continued to add jobs at a strong pace, with leisure and hospitality leading growth and construction receding slightly in the last three months. Though mortgage rates remain high, home sales, new building permits and home price growth have started to level out.
December 6, 2022
Dallas-Fort Worth Economic Indicators
Dallas–Fort Worth’s economy expanded in October. Payroll employment grew broadly, and unemployment held steady. Home sales and apartment demand fell again, and home inventories rose.
December 5, 2022
Austin Economic Indicators
In October, Austin experienced a rebound in job growth, accompanied by a slight increase in unemployment and a decline in wage growth.
December 1, 2022
Diversified San Antonio confronts economic divide among youth
Dallas Fed President Lorie K. Logan met with San Antonio business and community leaders in mid-October in the third stop on her 360° in 365 Listening Tour.
December 1, 2022
Behind the Numbers: PCE Inflation Update, October 2022
The headline, or all-items, PCE price index rose an annualized 4.1 percent in October after increasing an annualized 4.2 percent in September.
December 1, 2022