Working Paper
The Effects of U.S. Public R&D on Global Growth
This paper provides the first causal estimates of the global social returns to U.S. public R&D.
August 04, 2026
Working Paper
Subnational Bilateral Remittance Flows in the U.S.-Mexico Corridor: A Multi-Source Imputation and Validation
This paper exploits bilateral remittance flows between U.S. and Mexican states during 2013–25 to construct and validate a multi-source origin–destination framework linking Banco de México’s U.S.-state outflows with Mexican state-level receipts.
August 03, 2026
Southwest Economy
Region’s commercial space exploration industry has lofty goals for growth, discovery
Texas' booming private space industry is making access to space broader and cheaper than ever before.
April 01, 2026
Dallas Fed Economics
Young workers’ employment drops in occupations with high AI exposure
In recent years, unemployment has gradually ticked up, and job searchers report increased difficulty finding new work. Is this related to AI?
January 06, 2026
Working Paper
The Fatal Consequences of Brain Drain
This paper examines the welfare consequences of reallocating high-skilled labor across national borders.
August 04, 2025
Dallas Fed Economics
Advances in AI will boost productivity, living standards over time
Artificial intelligence offers the potential to improve people’s living standards. Such advances can be approximated by changes in GDP per capita over time. Using that common measure, AI could enhance longstanding productivity gains or, alternatively, drastically alter the economy in relatively short order.
June 24, 2025
Dallas Fed Economics
Will AI replace your job? Perhaps not in the next decade
Recent rapid improvements in the capabilities of artificial intelligence have raised concerns about these technologies' impact on employment. The ultimate effects of AI on the workforce will depend on the extent to which AI augments (or complements) rather than automates (or substitutes for) workers' tasks. Will this new technology aid workers or replace them?
June 03, 2025
Southwest Economy
Santa Teresa port of entry navigates future during fraught time
Jerry Pacheco, president of the Border Industrial Association in Santa Teresa, New Mexico, discusses his work attracting investment from private and public sources for the Santa Teresa project and its prospects in an environment of rapidly changing rules of trade.
May 30, 2025
Southwest Economy
Waco building on ‘Fixer Upper,’ Baylor notoriety to reinvent itself
Malcolm Duncan, whose tenure as Waco mayor coincided with the city’s emergence as a destination and area economic hub, discusses how the city has changed and where its future fortunes and challenges lie.
May 09, 2025
Southwest Economy
Industrial building boom is bigger in Texas, signaling growth wave
Texas is undergoing a boom in technology and energy-related construction that follows a pandemic-era warehouse and logistics building surge.
February 05, 2025