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El Paso Aims to End Brain Drain with Global Manufacturing, Higher-Paying Jobs
Torres, Luis; Hines, Keighton (2022-11-10)
Dallas Fed President Lorie K. Logan met with El Paso business and community leaders in mid-October in the second of 12 stops on her 360° in 365 Listening Tour.
Dallas Fed Economics

Journal Article
Financial repression and economic development
Hunter, William C.; Espinosa-Vega, Marco A. (1994-09)
Economic Review , Volume 79 , Issue Sep , Pages 1-11

Journal Article
Technology and U.S. wage inequality: a brief look
DiNardo, John; Card, David (2002-07)
As labor market analysts in the late 1980s and early 1990s documented a rising wage inequality, a series of papers argued that this development was related to rapid technological change. These papers and the large literature that followed established a basis for the virtually unanimous agreement among economists that developments in computers and related information technologies in the 1970s, '80s, and '90s have led to increased wage inequality. ; This view has become known as the "skill-biased technological change" (SBTC) hypothesis-the view that a burst of new technologies increased ...
Economic Review , Volume 87 , Issue Q3 , Pages 45-62

Journal Article
On the fundamental role of venture capital
Hellmann, Thomas; Puri, Manju (2002-10)
The venture capital industry experienced its biggest decline ever in 2001. The National Venture Capital Association reports that, in the fourth quarter of 2001, investments by venture capital firms were at approximately a third of the level the year before and the amount of money raised by these firms had dropped 80 percent. Many people question whether this trend signals the eventual demise of venture capital. ; However, according to the authors of this article, it is important to put these numbers in perspective. In terms of total dollars invested, 2001 ranks as the venture capital ...
Economic Review , Volume 87 , Issue Q4 , Pages 19-23

Journal Article
Income inequality and economic growth: evidence and recent theories
Chang, Roberto (1994-07)
Economic Review , Volume 79 , Issue Jul , Pages 1-10

Journal Article
Corporations and the financing of innovation: The corporate venturing experience
Gompers, Paul (2002-10)
During the past forty years, the media and academics have frequently maligned corporate investments in venture capital and highlighted visible failures. Many corporations' best ideas have languished, whether because of internal resistance or an inability to execute on the initial insight. In other cases, more nimble companies, often venture-backed start-ups, have turned corporations' innovative ideas into commercial successes. So how can companies best stimulate innovation in a corporate setting and replicate the success of the venture capital industry? ; This article explores the history, ...
Economic Review , Volume 87 , Issue Q4 , Pages 1-17

Journal Article
Employment growth and labor force participation: how many jobs are enough?
Hotchkiss, Julie L. (2005-01-01)
Public concerns about the ?jobless? recovery following the 2001 recession have centered on whether enough jobs will be created for those who want to work. A more pressing question, however, may be how many jobs are needed to sustain desired growth in overall economic output. ; This article provides an analysis of just how many jobs are needed to keep unemployment in check and considers whether the current rate of job creation is enough to fuel optimal gross domestic product growth. The author examines the decline in the labor force participation rate that has occurred since the late 1990s. ...
Economic Review , Volume 90 , Issue Q 1 , Pages 1-13

Journal Article
Information technology and productivity: where are we now and where are we going?
Oliner, Stephen D.; Sichel, Daniel E. (2002-07)
Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that many analysts linked to developments in information technology (IT). However, shortly after this consensus emerged, demand for IT products fell sharply, leading to a debate about the connection between IT and productivity and about the sustainability of the faster growth. ; This article contributes to this debate in two ways. First, the authors provide updated estimates of the proximate sources of growth using a growth accounting framework that focuses on information technology. Their results ...
Economic Review , Volume 87 , Issue Q3 , Pages 15-44

Journal Article
Projecting productivity growth: lessons from the U.S. growth resurgence
Ho, Mun S.; Stiroh, Kevin J.; Jorgenson, Dale W. (2002-07)
Following the 1995-2000 period of more rapid output growth and lower inflation in the United States, economists have strenuously debated whether improvements in economic performance can be sustained. The recession that began in March 2001 intensified the debate, and the economic impacts of the events of September 11 have yet to be fully understood. Both factors add to the considerable uncertainties about future growth that currently face decision makers in both the public and private sectors. ; In this article, the authors analyze the sources of U.S. labor productivity growth in the post-1995 ...
Economic Review , Volume 87 , Issue Q3 , Pages 1-13

Journal Article
Modern economic growth and recent stagnation
Dwyer, Gerald P.; Tamura, Robert; Baier, Scott L. (2003-07)
During the past 200 years, most countries have entered a period of modern economic growth-consistent increases in output, input, and productivity per worker that were rare in previous centuries. Even so, a few regions of the world have experienced stagnant or falling living standards in recent years, which some have interpreted as typical of modern economic growth in the last two centuries. ; Using data for most countries in the world since the 1800s and early 1900s, the authors find that (1) economic growth has improved the lives of people all around the world compared to those of their ...
Economic Review , Volume 88 , Issue Q3 , Pages 45-62

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