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Working Paper
Improving the ACCRA U.S. regional cost of living index
The broadest and most commonly used measure of the cost of living across U.S. cities is the American Chamber of Commerce Research Association (ACCRA) index. This index is used by business and government organizations and the media to rank living standards and real wages across U.S. cities. In this study we reduce the aggregation bias in the index by calculating national average prices for the 59 item prices using population weights instead of the equal weight formula used by ACCRA. This correction results in a decline in the index values for all cities and changes in the rankings and ...
Journal Article
Texas housing recovery gains momentum
The state?s strength made it a magnet for those looking for work and contributed to Texas? No. 1 ranking for domestic inmigration for a seventh consecutive year.
Report
Immigration Policy in an Era of Globalization: A Joint Conference with Southern Methodist University
Migration is sometimes termed the ?last frontier? of globalization. While markets such as those for goods and financial exchange are highly globalized, labor markets remain largely domestic. Only 3 percent of the world?s population have migrated from their country of birth. The paucity of migration means that large cross-country wage differentials persist, exacerbating global inequality. It also suggests that large gains from enhanced labor mobility remain possible.