Working Papers
The Postpandemic U.S. Immigration Surge: New Facts and Inflationary Implications
To determine the impact of the postpandemic U.S. immigration surge, the authors first document the salient features of these new immigrants: they are primarily low-skilled relative to the existing workforce and more likely to be hand-to-mouth consumers. They then incorporate these features into a heterogeneous agent model with capital-skill complementarity.
October 01, 2024
Dallas Fed Economics
Surging population growth from immigration may have little effect on inflation
U.S. population growth increased sharply recently following a wave of immigration. This article examines what this surprise immigration surge could mean for the macroeconomy.
July 09, 2024
Dallas Fed Economics
Unprecedented U.S. immigration surge boosts job growth, output
U.S. labor market conditions are among the main drivers of an unprecedented surge of immigration, the exact size and consequences of which are still being assessed.
July 02, 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
Southwest Economy
State output remains distinctly Texan, while jobs mix increasingly resembles the U.S.
Lore and data have historically suggested that Texas is unlike any other place. Over the past 40 years, change has swept the state. Texas’ employment composition has increasingly come to resemble the entirety of the U.S., more so than even California or New York. But Texas economic output is another story.
November 17, 2023
Shreveport, Louisiana
Shreveport works to plug 'brain drain'
President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District during her first year at the Dallas Fed. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.
July 28, 2023
Texas economy rides wave of changing technology and diffusion of know-how
Data on patents and employment show that Texas is a major center of innovation and high-tech employment.
December 22, 2022
Dallas Fed Economics
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
Dallas Fed Economics
El Paso aims to end brain drain with global manufacturing, higher-paying jobs
Dallas Fed President Lorie K. Logan met with El Paso business and community leaders in mid-October in the second stop on her 360° in 365 Listening Tour.
November 10, 2022
Dallas Fed Economics
Texas birth-rate decline complicates economic growth prospects
Lower birth rates are associated with less growth and a more rapidly aging population and, hence, slower economic expansion.
October 12, 2021