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Working Paper
Texas Service Sector Outlook Survey: Survey Methodology and Performance
The Texas Service Sector Outlook Survey (TSSOS) and Texas Retail Outlook Survey (TROS) are monthly surveys of service sector and retail firms in Texas conducted by the Federal Reserve Bank of Dallas. TSSOS and TROS track the Texas private services sector, including general service businesses, retailers and wholesalers. The surveys provide invaluable information on regional economic conditions?information that Dallas Fed economists and the Bank president use in the formulation of monetary policy. This paper describes the survey?s methodology and analyzes the explanatory and predictive power of ...
Journal Article
Why ask? the role of asking prices in transactions
Benjamin Lester explores why sellers sometimes use negotiable asking prices and why this method can lead to more efficient outcomes.