Dallas Federal Reserve Research

Publications

Real-time house price model shows U.S. housing market firming” (with Erik Andres Escayola, Enrique Martínez García, Efthymios Pavlidis, Iván Payá and Kostas Vasilopoulos), Dallas Fed Economics Blog, January 15, 2026

Work in Progress

“Unintended Consequences of COVID-19 on Human Capital Development: The Housing Channel” (with Enrique Martínez García, Iván Payá, and Alberto Perez-Bernabeu), February 2026

Research/Data Work

International House Price Database – A global dataset of house prices from 28 countries, harmonized for cross-country comparison and used to study international housing market trends.

Trade Cost Shocks – Bayesian estimation of tariff-driven trade cost shocks to quantify their inflationary effects, with applications from the 2018–19 U.S.–China trade war to current policy.

Nowcasting House Prices and IHO – Real-time forecasting models that combine structural time-series methods and machine learning to track housing markets through the International House Price Database.

Carbon Tax Effects – Linking emissions data to household consumption to show that carbon taxes disproportionately burden low-income consumers.

Visualizations

Federal Reserve Rankings

Federal Reserve Summary of Economic Projections

GDP Components Animation