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Journal Article
How Insured Are Workers Against Unemployment? Unemployment Insurance and the Distribution of Liquid Wealth
In this Economic Commentary, we analyze the relationship between unemployment insurance (UI) recipiency and insurance by examining the wealth distribution of workers who have been through an unemployment spell. We focus on the net liquid wealth gap between recipients and nonrecipients of UI along the income distribution of the unemployed. Using recent data from the Survey of Income and Program Participation at the individual level, we estimate that UI recipients at the bottom half of the income distribution tend to have higher median net liquid wealth than nonrecipients, putting nonrecipients ...
Individuals, married couples respond differently to U.S. income tax changes
Changes in effective income taxes can impact labor supply with different outcomes for married couples and singles, and changes can have a particularly notable impact on married women.
Global Perspectives: Betsy Price on Being Fort Worth Mayor, Governing and Bipartisanship
Price and Dallas Fed President Rob Kaplan discussed her political career, the challenges she faced in office and the need for bipartisanship to get government business done.
Global Perspectives: Mike Leavitt on Health Care Costs and Higher Education
The U.S. health care system is uniquely innovative, but it is also arguably uniquely inefficient. Health outcomes in the U.S.—whether measured in terms of simple metrics such as life expectancy or more sophisticated ones such as quality-adjusted life years—do not seem commensurate with health care expenditures.
Federal Reserve Banks of Atlanta and Dallas Conference Explored Housing, Urban Economics
Residential real estate prices rose sharply throughout the United States following the onset of COVID-19 in early 2020. While property owners received a capital gains windfall, first-time buyers and renters have struggled with reduced affordability.
Journal Article
Federal deficit, tax inequities, entitlement programs vie for lawmakers’ attention
Alan D. Viard, senior fellow emeritus at the American Enterprise Institute and former senior economist at the Federal Reserve Bank of Dallas, discusses federal entitlements and tax policy challenges during an era of rising deficits.
Global Perspectives: Ursula Burns on Coaching, Diversity and Advancing the Next Generation of Female Leaders
Burns and Dallas Fed President Rob Kaplan discussed her career, the importance of coaches and mentors, the case for quotas and advice for the next generation of female leaders.
Not Everything Is Bigger in Texas: The Varied Fortunes of Four Smaller Metros
While Texas’ major metropolitan areas power the bulk of the state’s commercial activity, some smaller metros have worked to establish their place as part of the state’s economic mosaic.
Anticipated Federal Restrictions Would Slow Permian Basin Production
Possible changes to leasing and permitting requirements governing federal lands could move oil production, prompting a realignment of Permian Basin activity between Texas and New Mexico.
Comparing the Uses of Local Fiscal Recovery Funds in the Seventh District’s Large Cities and Their Counties
In response to the economic impacts of the Covid-19 pandemic, the U.S. federal government enacted the landmark American Rescue Plan Act (ARPA). A key component of the act was providing $350 billion in funding to state and local governments through the Coronavirus State and Local Fiscal Recovery Funds (SLFRF) program. This program was designed to allow state and local governments to use the money in a fairly flexible manner to reflect how the pandemic had affected their areas’ economies. The only significant restriction was prohibiting these governments from using the funds allocated by the ...