Southwest Economy Podcast Dallas Fed
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- Business
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Federal Reserve Bank of Dallas senior economist Pia Orrenius explores new and noteworthy trends and developments affecting Texas, northern Louisiana and southern New Mexico. Topics are drawn from Southwest Economy, the Dallas Fed’s regional quarterly.
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Lagging productivity gains restrain Mexico’s economic prospects
Investment, a large labor pool and proximity to the United States have helped propel Mexico’s economic fortunes. Dallas Fed economists Sewon Hur and Pia Orrenius discuss how improving productivity could propel Mexico beyond the ranks of middle-income nations.
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Federal budget conundrum: needs versus wants
Closing the widening federal budget will require tough choices, possibly including new taxes and cuts to entitlement programs, such as Social Security and the Children’s Health Insurance Program. American Enterprise Institute tax expert Alan Viard discusses some options with Dallas Fed economist Pia Orrenius.
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Brownsville rockets ahead in a newfound economic boom
Brownsville, long a quiet community in the largely agricultural Lower Rio Grande Valley, confronts a burst of activity from SpaceX launches to new port trade. Texas National Bank President Joe Quiroga, a lifelong area resident and Dallas Fed director, discusses the rapid change with Dallas Fed economist Pia Orrenius.
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Texas job mix resembles U.S., output retains oil patch ties
Dallas Fed economists Jesse Thompson and Pia Orrenius discuss how the employment profile of Texas increasingly resembles the U.S., while the energy sector ensures that the state remains unique.
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When you don’t get ahead by simply working harder
Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses The Myth that Made Us, his new book about inequalities in the nation’s economic system. He offers proposals to close the nation’s wealth gap in a discussion with Dallas Fed economist Pia Orrenius.
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The messenger affects who listens to your message
University of Chicago Booth School associate professor Michael Weber explains how audiences are most receptive to monetary policy messaging delivered by Fed officials whose ethnic or gender background is similar to theirs. The tendency is also generally observed in other communications contexts, he tells Dallas Fed economist Pia Orrenius.