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Global Perspectives: Tom Luce on Public Service, Education Reform
Wynne, Mark A. (2019-12-03)
Luce and Dallas Fed President Rob Kaplan discussed his career in law and public service, his decision to become a lawyer and the key challenges facing the U.S. education system.
Dallas Fed Economics

Fed’s Mortgage-Backed Securities Purchases Sought Calm, Accommodation During Pandemic
Frame, W. Scott; Greene, Brian; Hull, Cindy E.; Zorsky, Josh (2021-08-26)
We explore the Federal Reserve’s purchases of agency MBS—mortgage bonds guaranteed by Ginnie Mae, Fannie Mae and Freddie Mac—and related market dynamics during the pandemic, including why mortgage rates fell to historic lows.
Dallas Fed Economics

Don’t Look to Oil Companies to Lower High Retail Gasoline Prices
Golding, Garrett; Kilian, Lutz (2022-05-10)
While U.S. retail gasoline prices in many regions have remained stubbornly high since March, this situation reflects frictions in the retail gasoline market rather than the supply of oil or the price of oil.
Dallas Fed Economics

As population trends shift, where will future workers come from?
Wynne, Mark A.; Derr, Lillian (2025-01-07)
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.
Dallas Fed Economics

High inflation disproportionately hurts low-income households
Jayashankar, Aparna; Murphy, Anthony (2023-01-10)
Household survey results do not support Nobel laureate economist Paul Krugman's recent suggestion that low-income families “have actually been hurt less by inflation than families with higher incomes.”
Dallas Fed Economics

Pace of Texas Economic Growth Slows as Supply-Chain, Staffing Woes Persist
Kerr, Emily; Coia, Juliette (2022-02-03)
The Texas economy continued expanding in December and January, though the pace of growth decelerated relative to the overall fourth-quarter pace.
Dallas Fed Economics

GDP Gain Realized in Shale Boom’s First 10 Years
Yücel, Mine K.; Plante, Michael D. (2019-08-20)
The U.S. shale boom has benefited the nation’s oil trade balance and oil-producing regions and led to unusually large employment and output gains.
Dallas Fed Economics

Signs of Slowdown Growing in Texas; Price Pressures Ease
Caldwell, Mytiah; Su, Yichen (2022-08-04)
The Texas economy continued expanding in June and July, though at a decelerating pace compared with earlier this year.
Dallas Fed Economics

Federal Aid Helps Border Keep Pace with Texas Economy During Pandemic Turmoil
Cañas, Jesus; Orrenius, Pia M.; Coia, Juliette (2022-03-01)
U.S. pandemic relief policies boosted the border economy, helping it keep pace with state growth. The restoration of trade with Mexico and a surprise migration surge also supported more-recent border economic activity.
Dallas Fed Economics

Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble
Coulter, Jarod; Grossman, Valerie; Martinez-Garcia, Enrique; Phillips, Peter C.B.; Shi, Shuping (2022-03-29)
There is growing cause for concern that U.S. house prices are again becoming unhinged from fundamentals.
Dallas Fed Economics

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