At the Heart of Texas
At the Heart of Texas
The third edition of this special report is a comprehensive look at the historical, economic and demographic profiles of 12 of Texas' key metropolitan areas.
February 06, 2026
Dallas Fed Communities
Salary not sole concern for young adults weighing career decisions, focus groups find
While challenging economic conditions were top of mind for many participants, they also considered personal and practical factors.
January 30, 2026
Working Papers
Household Consumption and Savings over the Life Cycle: The Roles of Demographics and Durables
This paper provides a novel, developing country perspective by analyzing patterns of life-cycle consumption, income and savings rates in India.
October 14, 2025
Working Papers
The Fatal Consequences of Brain Drain
This paper examines the welfare consequences of reallocating high-skilled labor across national borders.
August 04, 2025
Working Papers
Why Do Households Save and Work?
This paper quantifies why households save and work using a life-cycle model that incorporates wage risk, endogenous labor supply of both spouses, marital transitions, health, medical expenses, mortality and bequest motives at the death of the first and last household member.
July 15, 2025
Working Papers
Bubbling Up? What Consumer Expectations Reveal About U.S. Housing Market Exuberance
This paper investigates the presence of speculative bubbles in the U.S. housing market after the global financial crisis. Unlike standard approaches that rely on observed economic fundamentals, the method used in this paper leverages subjective price expectations from the University of Michigan Survey of Consumers to test for exuberance without imposing a specific model of intrinsic housing values.
May 21, 2025
Even a ‘miracle’ needs a safety net: Texas leads in growth, lags elsewhere
While experiencing exceptional economic growth over the past decade, data show that Texas is last or lagging the nation in several key areas.
March 25, 2025
Dallas Fed Communities
How Gen Z Texans use credit cards can shed light on their future financial health
Generation Z’s rising debt load has been widely reported, sparking concerns for the financial future of America’s youngest adult generation.
February 20, 2025
Dallas Fed Economics
As population trends shift, where will future workers come from?
Population is a fundamental determinant of a country’s productive capacity. More specifically, labor, along with capital and the efficiency with which the two can be combined (total factor productivity) determine how much a country can produce at any point in time.
January 07, 2025
Dallas Fed Economics
Individuals, married couples respond differently to U.S. income tax changes
Changes in effective income taxes can impact labor supply with different outcomes for married couples and singles, and changes can have a particularly notable impact on married women.
November 19, 2024