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Working Paper
Lower oil prices and state employment
Journal Article
Money, wages, and factor scarcity as predictors of inflation
Journal Article
Demographics and the trade balance
Journal Article
Enforcing sanctions against employers of illegal aliens
Journal Article
Demographics and the long-term outlook for housing investment
John Hill and D'Ann Petersen measure the importance of projected shifts in the size and age distribution of the U.S. population for domestic housing investment. Their analysis runs through the year 2010 and provides separate estimates for single-family and multifamily investment. ; Hill and Petersen find that the contractionary effects of the population slowdown are already being felt in the housing industry and probably have been since the latter part of the 1980s. In Hill and Petersen's simulations, demographic shifts lower net housing investment by 17 percent from the late 1980s through ...