Global Value Chains and Trade Elasticities
Previous studies have argued that global value chains (GVCs) have increased the sensitivity of trade to external business cycle shocks. This may occur either because
February 4, 2014
Byron Gangnes
Yellen: How The Fed Will Know When To Stop
Federal Reserve Board Vice Chair Janet Yellen has laid out the argument for continued Fed action and the conditions the Fed will watch when deciding
March 13, 2013
Robust Hope for Housing
The US housing market turned the corner in 2012 and is set for healthy expansion for the next several years. This according to economists at the
March 11, 2013
Economists Debate How Quick to Cut
At the start of the first post-sequester week, economists at the annual policy conference of the National Association for Business Economics (NABE) in Washington D.C. debated options
March 5, 2013
UHERO Forecast Director Named Economics Department Chair
UHERO congratulates Forecast Project Director, Byron Gangnes for his appointment as the Chair of the Economics Department at the University of Hawaii, Manoa. Dr. Gangnes will serve
December 7, 2011
Q&A: UHERO Forecast Update Released Today
1. UHERO RELEASED THE FOURTH QUARTER UPDATE TO ITS HAWAII FORECAST THIS MORNING. THE TITLE IS “HAWAII IN PAUSE MODE.” WHAT DO YOU MEAN BY
November 4, 2011
Fed acts to lower mortgage rates
The Federal Open Market Committee (FOMC) met on Tuesday and Wednesday to discuss the state of the US economy and to decide on monetary policy
September 21, 2011
Thoughts on President Obama’s proposed Jobs Act
President Obama proposed a larger-than-expected $447 billion American Jobs Act. More than half the package is for an expansion of this year’s payroll tax cuts and similar
September 8, 2011
Recession or Not, US Growth Will Continue to Disappoint
The US economy is once again flirting with recession. While most data still suggest continued growth, recent events have clearly turned in a more negative
September 7, 2011