Global Institute articles

 

• Mexico Economic Update

  Mexico’s economy shows mixed signals toward end of 2023

  Mexico’s economy likely grew more than 3 percent in 2023 as the proxy for monthly GDP increased for the ninth consecutive month in November.

  January 19, 2024

• U.S. 30-year mortgage predominance doesn’t seem to delay impact of Fed rate hikes

  After comparing economic data of the U.S. and other major advanced economies, we find tentative evidence that the slow adjustment of the outstanding mortgage rate in the U.S. has not played an important role in delaying the intended effects of the monetary tightening.

  January 16, 2024

• Arbitrage limits heighten dollar shortages abroad during volatile times

  U.S. dollars are hard to find in foreign markets during times of heightened risk, as evidenced by two interesting and related features in the post-2007 international financial landscape.

  January 09, 2024

• Widening gap between rich and poor poses challenge to U.S.

  Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses the nation’s income and wealth gaps and offers proposals to close them. Fuhrer’s recently published book, “The Myth that Made Us,” explores inequalities in the nation’s economic system.

  December 13, 2023

• Migration to Texas Fills Critical Gaps in Workforce, Human Capital

  Continuing to retain working-age Texans and attract new ones from around the country and abroad is vital to maintaining the state’s workforce—its human capital—as baby boomers retire and birth rates decline.

  November 29, 2022