A key selling point for the restructuring of electricity markets was the promise of lower prices, that competition among independent power suppliers would lower electricity prices to retail customers. There is not much consensus in earlier studies on the effects of electricity deregulation,...

The Federal Reserve Bank of Dallas, in cooperation with the Semiconductor Industry Association (SIA), hosted a conference on nanoelectronics and the economy in Austin on Dec. 3, 2010. Economists and scientists explored how information technology has affected U.S. productivity and output growth...

Texas’ housing sector remains in the doldrums following demand spikes in 2009 and 2010 aided by the homebuyer tax-credit program. When the federal government first offered the incentive in mid-2008, Texas home sales and construction were in a rapid descent that began with the U.S. housing...

Texas exports rose 2.7 percent in real terms in the first six months of the year, fueled by a nascent economic recovery that surprised some shipping companies. Increased demand in the state and nation contributed to spikes in the cost of container, truck and rail freight shipments.

Texas-based Southwest Airlines and American Airlines have seen more passengers and fuller planes this year. Carriers experienced a summer of increased demand and strong profit growth as the U.S. airline industry healed from the recession and a rough 2009. Resurgent business travel paced the...

A key selling point for the restructuring of electricity markets was the promise of lower prices. There is not much consensus in earlier studies on the effects of electricity deregulation in the U.S., particularly for residential customers. Part of the reason for not finding a consistent link...

Border enforcement of immigration laws attempts to raise the costs of illegal immigration, while interior enforcement also lowers the benefits. Border and interior enforcement therefore reduce the net benefits of illegal immigration and should lower the probability that an individual will decide...

Studies that estimate the Phillips curve for the U.S. use mainly national-level data and find mixed evidence of nonlinearity, with some recent studies either rejecting nonlinearity or estimating only modest convexity. In addition, most studies do not make a distinction between the relative...

This paper examines the effect of changes in migration determinants on the skill level of undocumented immigrants from Mexico. We focus on the effect of changes in economic conditions, migrant networks, and border enforcement on the educational attainment of Mexican-born men who cross the border...