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Luis Torres

Senior Business Economist
Federal Reserve Bank of Dallas, San Antonio Branch

Luis TorresLuis Torres joined the Federal Reserve Bank of Dallas in March 2022 as a senior business economist. Based out of the San Antonio Branch, Torres performs research and analysis on issues impacting Central and South Texas.

Torres received his bachelor’s degree in economics from the Monterrey Institute of Technology in Mexico. He received a master’s in economics from the University of Texas at El Paso, where his dissertation received honors. He later earned a scholarship to participate in the American Economic Association’s PhD Summer Minority Program. His PhD is from the University of Colorado at Boulder, where he specialized in international economics and econometrics. During his doctoral studies, he worked at the El Paso Branch of the Dallas Fed. From 1995 to 2012, he was with Banco de México in the research and institutional liaison departments. Prior to joining the Fed, he served as a research economist at the Texas Real Estate Research Center at Texas A&M University, studying regional economies, developing economic indicators and researching real estate markets.

Torres has taught classes and seminars at U.S. and Mexican universities as well as in national and international forums. He has published articles in academic and nonacademic publications about regional economies, international economics, real estate, trade and applied econometrics.

Publications

  • “Drilling Down: The Impact of Oil Price Shocks on Housing Prices,” with Valerie Grossman, Enrique Martínez-García and Yongzhi Sun, The Energy Journal, Vol. 40, SI2, 2019.
  • “The Robot Revolution,” with Wesley Miller, Tierra Grande, Real Estate Center Texas A&M University, No. 2236, February 2019.
  • “The New Texans,” with Wesley Miller, Tierra Grande, Real Estate Center Texas A&M University, No. 2224, February 2019 .
  • “Home Delivery, Where is All the New Housing,” with Wesley Miller, Tierra Grande, Real Estate Center Texas A&M University, No. 2203, March 2018.
  • “Imperfect Storm,” with Wesley Miller, Tierra Grande, Real Estate Center Texas A&M University, No. 2195, March 2018.
  • "Housing Bubble's 10th Burst-Day," with Wesley Miller, Research Article, Real Estate Center Texas A&M University, No.2190, February 2018.
  • “Globalization's Effects on Texas Manufacturing,” Tierra Grande, Real Estate Center Texas A&M University, No. 2183, August 2017with Wesley Miller
  • “A Leading Index for Texas Residential Construction,” with Jesus Cañas and Keith R. Phillips, Tierra Grande, Real Estate Center Texas A&M University, No.2114, November 2015.
  • “Contribution of Upstream and Downstream Oil and Gas Industries in Texas,” Research Article, Real Estate Center Texas A&M, No. 2098, April 2015.
  • “A Coincident Index for Texas Residential Construction,” with Keith Phillips and Jesus Cañas, Research Article, Real Estate Center Texas A&M, No. 2093, March 2015.
  • “Dating the Business Cycle for Texas Residential Housing Construction,” with Jim Gaines, Technical report, Real Estate Center Texas A&M, No. 2086, January 2015.
  • “Housing Bubbles and Economic Fundamentals,” Technical report, Real Estate Center Texas A&M, No. 2047, January 2014.
  • “Economic Diversity: How Much Does Texas Rely on Energy,” Tierra Grande, Real Estate Center Texas A&M, No. 2036, July 2013.
  • “All My Exports Come from Texas,” Tierra Grande, Real Estate Center Texas A&M, No. 2023, April 2013.
  • “International competition and industrial evolution: Evidence from the impact of Chinese competition on Mexican maquiladoras,” with Hale Utar, Journal of Developing Economics, Volume 105, 2013.
Contact
Luis Torres