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Articles 1 - 24 of 24

Full-Text Articles in Social and Behavioral Sciences

Borderplex Business Barometer, Volume 3, Number 12, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana Dec 2019

Borderplex Business Barometer, Volume 3, Number 12, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.


Cross-Border Shopping And Employment Patterns In The Southwestern United States, Thomas M. Fullerton Jr., Adam G. Walke Nov 2019

Cross-Border Shopping And Employment Patterns In The Southwestern United States, Thomas M. Fullerton Jr., Adam G. Walke

Departmental Papers (E & F)

Price differentials, among other factors, persuade many residents of Northern Mexico to shop in the Southwestern United States border region. Employment patterns in the latter region are studied using a set of control variables and two indicators that are likely to influence crossborder shopping patterns. The first is a real exchange rate index, which captures changes in relative prices in the United States and Mexico. The second is real per capita gross state product in Mexican states adjacent to the international boundary. Both of these variables are found to impact retail and restaurant employment in the United States border zone, …


Borderplex Business Barometer, Volume 3, Number 11, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana Nov 2019

Borderplex Business Barometer, Volume 3, Number 11, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 10, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana Oct 2019

Borderplex Business Barometer, Volume 3, Number 10, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.


Southern Border International Shopping And Employment: 1990-2016, Thomas M. Fullerton Jr., Adam G. Walke Oct 2019

Southern Border International Shopping And Employment: 1990-2016, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

Price differentials, among other factors, persuade many residents of northern Mexico to shop in the southwestern United States border region. Employment patterns in the latter region are studied using a set of control variables and two indicators that are likely to influence cross-border shopping patterns. The first is a real exchange rate index, which captures changes in relative prices in the United States and Mexico. The second is real per capita gross state product in Mexican states adjacent to the international boundary. Both of these variables are found to impact retail and restaurant employment in the United States border zone, …


Mexico Consensus Economic Forecast, Volume 22, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate Oct 2019

Mexico Consensus Economic Forecast, Volume 22, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 9, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana Sep 2019

Borderplex Business Barometer, Volume 3, Number 9, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.


Hotel Sector Forecast Accuracy In El Paso: 2006-2016, Thomas M. Fullerton Jr., Adam G. Walke Aug 2019

Hotel Sector Forecast Accuracy In El Paso: 2006-2016, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

This study evaluates the accuracy of previously published econometric forecasts for seven lodging sector variables that measure hotel activity in El Paso, Texas. The hotel forecasts have been generated annually using an econometric model of the El Paso metropolitan economy from 2006 forward. Predictive accuracy is evaluated relative to random walk benchmarks. Assessment is completed using both descriptive forecast error summary statistics as well as formal statistical tests. The econometric model outperforms the random walk benchmarks for a majority of the variables analyzed. However, statistical tests of forecast error differentials do not yield conclusive evidence in favor of the econometric …


Borderplex Business Barometer, Volume 3, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana Aug 2019

Borderplex Business Barometer, Volume 3, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.


Mexico Consensus Economic Forecast, Volume 22, Number3, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate Jul 2019

Mexico Consensus Economic Forecast, Volume 22, Number3, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 7, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana Jul 2019

Borderplex Business Barometer, Volume 3, Number 7, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.


Usmca: Challenges & Opportunities, Luz Maria De La Mora Jun 2019

Usmca: Challenges & Opportunities, Luz Maria De La Mora

Border Region Modeling Project

A presentation at the UTEP Library, June 2019


Why Top Experts Are Paid So Much: Economics-Based Explanation, Julio C. Urenda, Vladik Kreinovich Jun 2019

Why Top Experts Are Paid So Much: Economics-Based Explanation, Julio C. Urenda, Vladik Kreinovich

Departmental Technical Reports (CS)

At first glance, it seems that people should be paid in proportion to their contribution, so if one person produces a little more than the other one, he/she should be paid a little more. In reality, however, top performers are paid dis-proportionally more than those whose performance is slightly worse. How can we explain this from an economic viewpoint? We show that actually there is no paradox here: a simple economic analysis shows that in many area, it makes perfect economic sense to pay much more to top performers.


Maximum Entropy Approach To Portfolio Optimization: Economic Justification Of An Intuitive Diversity Idea, Laxman Bokati, Vladik Kreinovich Jun 2019

Maximum Entropy Approach To Portfolio Optimization: Economic Justification Of An Intuitive Diversity Idea, Laxman Bokati, Vladik Kreinovich

Departmental Technical Reports (CS)

The traditional Markowitz approach to portfolio optimization assumes that we know the means, variances, and covariances of the return rates of all the financial instruments. In some practical situations, however, we do not have enough information to determine the variances and covariances, we only know the means. To provide a reasonable portfolio allocation for such cases, researchers proposed a heuristic maximum entropy approach. In this paper, we provide an economic justification for this heuristic idea.


Borderplex Business Barometer, Volume 3, Number 6, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate Jun 2019

Borderplex Business Barometer, Volume 3, Number 6, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 5, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas May 2019

Borderplex Business Barometer, Volume 3, Number 5, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas

Border Region Modeling Project

No abstract provided.


Mexico Consensus Economic Forecast, Volume 22, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate Apr 2019

Mexico Consensus Economic Forecast, Volume 22, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 4, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas Apr 2019

Borderplex Business Barometer, Volume 3, Number 4, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 3, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas Mar 2019

Borderplex Business Barometer, Volume 3, Number 3, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 2, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas Feb 2019

Borderplex Business Barometer, Volume 3, Number 2, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas

Border Region Modeling Project

No abstract provided.


Use Of Symmetries In Economics: An Overview, Vladik Kreinovich, Olga Kosheleva, Nguyen N. Thach, Nguyen Duc Trung Jan 2019

Use Of Symmetries In Economics: An Overview, Vladik Kreinovich, Olga Kosheleva, Nguyen N. Thach, Nguyen Duc Trung

Departmental Technical Reports (CS)

In this paper, we show that many semi-heuristic econometric formulas can be derived from the natural symmetry requirements. The list of such formulas includes many famous formulas provided by Nobel-prize winners, such as Hurwicz optimism-pessimism criterion for decision making under uncertainty, McFadden's formula for probabilistic decision making, Nash's formula for bargaining solution -- as well as Cobb-Douglas formula for production, gravity model for trade, etc.


Borderplex Economic Outlook To 2020, Thomas M. Fullerton Jr., Aaron D. Nazarian, Omar Solís, Steven L. Fullerton Jan 2019

Borderplex Economic Outlook To 2020, Thomas M. Fullerton Jr., Aaron D. Nazarian, Omar Solís, Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Borderplex Business Barometer, Volume 3, Number 1, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas Jan 2019

Borderplex Business Barometer, Volume 3, Number 1, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas

Border Region Modeling Project

No abstract provided.


Mexico Consensus Economic Forecast, Volume 22, Number 1, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas Jan 2019

Mexico Consensus Economic Forecast, Volume 22, Number 1, Thomas M. Fullerton Jr., Aaron Nazarian, Steven L. Fullerton, Sergio Olivas

Border Region Modeling Project

No abstract provided.