Economics Commons^™

Borderplex Business Barometer, Volume 1, Number12, Thomas M. Fullerton Jr., Adam G. Walke, Omar Solís, Esmeralda Muñiz

Border Region Modeling Project

No abstract provided.

Borderplex Business Barometer, Volume 1, Number 11, Thomas M. Fullerton Jr., Adam G. Walke, Omar Solís, Esmeralda P. Muñiz

Border Region Modeling Project

No abstract provided.

Borderplex Economic Outlook To 2019, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Mexico Consensus Economic Forecast, Volume 20, Number 4, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Borderplex Business Barometer, Volume 1, Number 10, Thomas M. Fullerton Jr., Adam G. Walke, Omar Solís, Patricia Arellano

Border Region Modeling Project

No abstract provided.

An Ancient Bankruptcy Solution Makes Economic Sense, Anh H. Ly, Michael Zakharevich, Olga Kosheleva, Vladik Kreinovich

Departmental Technical Reports (CS)

While econometrics is a reasonable recent discipline, quantitative solutions to economic problem have been proposed since the ancient times. In particular, solutions have been proposed for the bankruptcy problem: how to divide the assets between the claimants? One of the challenges of analyzing ancient solutions to economics problems is that these solutions are often presented not as a general algorithm, but as a sequence of examples. When there are only a few such example, it is often difficult to convincingly extract a general algorithm from them. This was the case, for example, for the supposedly fairness-motivated Talmudic solution to the …

Borderplex Business Barometer, Volume 1, Number 9, Thomas M. Fullerton Jr., Adam G. Walke, Omar Solís, Patricia Arellano

Border Region Modeling Project

No abstract provided.

Economic Impacts Of The Opportunity Center For The Homeless: Operating Expenses In El Paso, Texas, Manuel L. Reyes Loya

Technical Reports

No abstract provided.

Borderplex Business Barometer, Volume 1, Number 8, Thomas M. Fullerton Jr., Adam G. Walke, Ernesto Duarte Ronquillo, Omar Solís

Border Region Modeling Project

No abstract provided.

Borderplex Business Barometer, Volume 1, Number 7, Thomas M. Fullerton Jr., Adam G. Walke, Ernesto Duarte Ronquillo, Omar Solís

Border Region Modeling Project

No abstract provided.

Mexico Consensus Economic Forecast, Volume 20, Number 3, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Nominal Exchange Rate Dynamics For The Taka, Thomas M. Fullerton Jr., Dipanwita Barai, Adam G. Walke

Departmental Papers (E & F)

Error correction modeling is used to model the nominal exchange rate for the Bangladeshi taka. Based on existing trade volumes and trade practices, the bilateral exchange rate of the taka with the dollar is analyzed. Annual frequency data are utilized for the study. The sample data cover the four decade period from 1976 to 2015. Results indicate that a balance of payments modeling approach performs more reliably than a monetary balances approach.

Borderplex Business Barometer, Volume 1, Number 6, Thomas M. Fullerton Jr., Adam G. Walke, Ernesto Duarte Ronquillo, Omar Solís

Border Region Modeling Project

No abstract provided.

Quantum Ideas In Economics Beyond Quantum Econometrics, Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta

Departmental Technical Reports (CS)

It is known that computational methods developed for solving equations of quantum physics can be successfully applied to solve economic problems; there is a whole related research area called quantum econometrics. Current quantum econometrics techniques are based on a purely mathematical similarity between the corresponding equations, without any attempt to relate the underlying ideas. We believe that the fact that quantum equations can be successfully applied in economics indicates that there is a deeper relation between these areas, beyond a mathematical similarity. In this paper, we show that there is indeed a deep relation between the main ideas of …

Collegiate Football Attendance In El Paso: 1967-2014*, Thomas M. Fullerton Jr., Wesley A. Miller

Border Region Modeling Project

This study examines potential determinants of American football game attendance for the University of Texas at El Paso (UTEP) Miners program. Time series data are utilized to analyze UTEP attendance from 1967 to 2014. Parameter estimation is carried out using two-staged least squares regression analysis. Among the more notable outcomes, ticket sales are not strongly affected by the local business cycle and are not inversely correlated with unemployment. Demand for tickets is also found to be upward sloping. Forecasts are generated for the 2015 season and several quantitative metrics indicate that good out-of-sample simulation performance is attained. Replication of this …

Borderplex Business Barometer, Volume 1, Number 5, Thomas M. Fullerton Jr., Adam G. Walke, Ernesto Duarte Ronquillo, Omar Solís

Border Region Modeling Project

No abstract provided.

Employment Associated With Exports In The State Of Chihuahua, Mexico, Joana Chapa, Manuel L. Reyes Loya

Technical Reports

No abstract provided.

Compounded Inequities: Assessing School Finance Equity For Low-Income English Language Learners, David S. Knight, Jesus E. Mendoza

Working Papers

School districts face different costs to produce the same level of educational opportunity because of differences in student population, geographical costs of living, and district size. However, in many states, the school finance system fails to take these factors into account when distributing funds to school districts. Most prior analyses of state school finance systems focus on the relationship between district funding and the percent of low-income students in that district or the percent of emergent bilinguals, who are typically classified as English language learners (ELLs).

We present the first longitudinal descriptive evidence of the extent to which state school …

Borderplex Business Barometer, Volume 1, Numbers 1 - 4, Thomas M. Fullerton Jr., Adam G. Walke, Ernesto Duarte Ronquillo, Omar Solís

Border Region Modeling Project

No abstract provided.

Mexico Consensus Economic Forecast, Volume 20, Number 2, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Metropolitan Business Cycle Analysis For Lubbock, Thomas M. Fullerton Jr., Macie Z. Subia

Departmental Papers (E & F)

This study develops a business cycle index (BCI) for Lubbock Metropolitan Statistical Area (MSA). The Stock & Watson (1989; 1991; 1993) methodology is used to develop the BCI and assumes that the co-movements of key economic indicators have a single underlying, unobservable factor. This factor is extracted from the indicators and used to calculate an index that represents economic conditions through an econometric approach. The model uses the Kalman filter smoothing approach which smooths across variables and over time. This results in an index that is smoother with less pronounced expansions and recessions. Indicator series used for the study are: …

Southern Border Recession Predictability In The United States: 1990-2015, Thomas M. Fullerton Jr., Elías D. Saenz-Rojo, Adam G. Walke

Border Region Modeling Project

Prior research establishes that the spread between long- and short-term bond yields often provides valuable information for predicting business cycle downturns. This study examines the predictive capacity of the yield spread for United States metropolitan economies situated along the border with Mexico. Because of the location of these urban economies and various economic ties linking them with twin cities across the border, the Mexico yield spread, and the real dollar/peso exchange rate are also employed as potential recession predictors. Results suggest that a flattening of the yield curve for either country tends to increase the probability of recessions in border …

Mexican Migration Flows To The United States: A State-To-State Panel Data Analysis Of The Consular Identification Card From 2011 To 2014, Jesus Elias Mendoza Hernandez

Open Access Theses & Dissertations

This analysis explores migration flows from Mexico to the United States at the state level. This study finds empirical evidence to support the idea that social and economic factors can help predict state-to-state migration flows. Using an alternative measure of migration flows, the Matricula Consular de Alta Seguridad (Consular Identification Card) data from 2011 to 2014, a panel data model is constructed from yearly data to analyze the effects of different determinants of migration flows. The migration flows' determinants analyzed are distance, established immigrant networks in the United States, the US and Mexican states' business cycles, populations, and crime rates, …

Dual Enrollment Participation In The United States: Findings From The High School Longitudinal Study Of 2009, Luis Eduardo Rivera

Open Access Theses & Dissertations

Today, dual enrollment programs are ubiquitous in the United States' secondary educational system. As a form of accelerated coursework, policy makers and school districts push dual enrollment as a means to improve college readiness and attainment. This paper studies the composition and characteristics of dual enrollment participants in the United States. Employing the High School Longitudinal Study of 2009 restricted dataset, three discrete logistic models are created to estimate the probability of a high school student participating in any dual enrollment coursework across the United States. The results from these models suggest that gender, prior academic achievement, and family socioeconomic …

The Texas Sales Tax Rebate Program, Jose Angel Moreno

Open Access Theses & Dissertations

The sale tax rebate program has existed in states along the U.S. â?? Mexico border for over 60 years and, in Texas, it has been the subject of much debate regarding both its legitimacy and its efficacy in stimulating real retail sales particularly in border cities. No empirical research exists, though, that provides insight into the statistical relationships between the Texas retail sector and total certificates issued by Private Customs Brokers (PCBs) in border cities. This study fills this research gap by creating a model that tests the statistical significance of real retail sales on total certificates issued in Texas. …

Metropolitan Business Cycle Analysis For Lubbock, Macie Subia Subia

Open Access Theses & Dissertations

The objective of this study is to develop a business cycle index (BCI) for Lubbock Metropolitan Statistical Area (MSA). The Stock and Watson (1989; 1991; 1993) methodology is used to develop the BCI and assumes that the co-movements of key economic indicators have a single underlying, unobservable factor. This factor is extracted from the indicators and used to calculate an index that represents economic conditions through an econometric approach. The model uses the Kalman filter smoothing approach which smooths across variables and over time. This results in an index that is smoother with less pronounced expansions and recessions. Indicator series …

Mexico Consensus Economic Forecast, Volume 20, Number 1, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Error Correction Exchange Rate Modeling For Bangladesh, Dipanwita Barai

Open Access Theses & Dissertations

Several error correction models are estimated for analyzing the nominal exchange rate dynamics of Bangladesh between the taka and the United States dollar using annual data. The theoretical frameworks utilized include balance of payments and the monetary construct. The bilateral taka / dollar exchange rate model based on the balance of payments approach exhibits better econometric and statistical traits than the model based on the monetary construct. Out-of-sample simulation indicates, however, that the balance of payments ARDL model does not generate very accurate forecasts for this bilateral exchange rate.

A Tale Of Two Cities: A Business Cycle Index For Midland-Odessa, Elisabeth Downs

Open Access Theses & Dissertations

The purpose of this study is to estimate a coincident index for the Midland-Odessa region using the Stock and Watson (1988) methodology. The model assumes that the co-movements of indicators have a common element that can be summarized as a single underlying and unobservable variable, the “state of the economy” (Stock and Watson, 1988). The model utilizes the Kalman filter smoothing approach which smooths the index across time and across indicators and results in index movements that are less pronounced during expansions and recessions. Indicator series used to estimate the Midland-Odessa BCI are: employment, unemployment rate, real retail sales, and …

Trade Cluster Impacts On Southern Border Transportation Costs, Ernesto Duarte Ronquillo

Open Access Theses & Dissertations

This Thesis develops a fixed effect model to analyze the impact of trade clusters on transportation costs. CIF/FOB ratios are utilized as the measures for transportation costs. Grubel-Lloyd and Herfindahl-Hirschman indexes are utilized as variables that identify trade clusters. The focus of this study encompasses four custom districts (El Paso, Laredo, Nogales, and San Diego) located on the southern border of the United-States over the period of 1995-2015. Driscoll-Kraay robust standard errors are calculated for each estimated model. The 9/11 terrorist attack effects are taken into account in the fixed effect model. Empirical results suggest that trade clusters have a …