Research Department Working Papers
The Returns to Government R&D: Evidence from U.S. Appropriations Shocks
Based on a narrative classification of all significant postwar changes in R&D appropriations for five major federal agencies, this paper finds that an increase in nondefense R&D appropriations leads to increases in various measures of innovative activity and higher business-sector productivity in the long run.
May 18, 2023
Energy transition means more than just additional electric vehicles
Dallas Fed economist David Rapson discusses the challenges of moving away from a fossil-fuel-dependent economy.
May 05, 2023
Research Department Working Papers
Estimating Macroeconomic News and Surprise Shocks
This paper examines the ability of the state-of-the-art VAR approach in Kurmann and Sims (2021) to identify responses to TFP news shocks and possibly surprise shocks in theory and practice.
April 20, 2023
High-tech hotspot Austin works to solve labor, housing issues
In the fourth stop on her 360° in 365 Listening Tour, Dallas Fed President Lorie K. Logan met with Austin business and community leaders in January to learn about the area’s strengths, challenges and outlook.
March 09, 2023
Southwest Economy, Fourth Quarter 2022
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
Speech by President Lorie K. Logan
Opening Remarks for Technology-Enabled Disruption: Lessons from the Pandemic and the Path Ahead
Dallas Fed President Lorie Logan delivered this address to open the second day of the conference hosted by the Federal Reserve Banks of Atlanta, Dallas and Richmond Oct. 3-4 in Atlanta.
October 04, 2022
Research Publications
Science and Cents: Exploring the Economics of Biotechnology
November 02, 2016