Is Fed Liftoff a Big Deal?
By Peter Fuleky The Federal Reserve is poised to raise interest rates, but whether the Fed begins liftoff tomorrow or early in the New Year,
December 15, 2015
Peter Fuleky
Gauging Home Affordability: The Challenge
By Peter Fuleky At a time of dwindling inventory and rising prices, housing affordability has once again become a hot topic in Hawaii. One way
December 2, 2015
Forecasting in a Mixed Up World: Nowcasting Hawaii Tourism
We evaluate the short term forecasting performance of methods that systematically incorporate high frequency information via covariates. Our study provides a thorough introduction of these
October 19, 2015
Are We in a Low-Growth World?
By Peter Fuleky The economic rebound from the bottom of the Great Recession was less vigorous than post-recession rallies of the past. Notwithstanding some recent
January 26, 2015
The UHERO Dashboard Project | Flying to Hawaii: Comparing the Cost and Frequency Across States
By James Jones and Peter Fuleky The latest installment in the UHERO dashboard project is packed with information on the cost of travel to Hawaii
December 14, 2014
Now and Later: The Impact of the Government Shutdown
By Peter Fuleky There are about 34,000 civilian federal jobs in Hawaii, a fraction of which were deemed essential and have therefore not been furloughed.
October 9, 2013
Common correlated effects and international risk sharing
Correct assessment of consumption risk and its international diversification has important policy implications. However, existing studies of international risk sharing rely on the unrealistic assumptions
August 8, 2013
Estimating Demand Elasticities in Non-Stationary Panels: The Case of Hawai‘i Tourism
It is natural to turn to the richness of panel data to improve the precision of estimated tourism demand elasticities. However, the likely presence of
August 8, 2013
Forecasting with Mixed Frequency Factor Models in the Presence of Common Trends
We analyze the forecasting performance of small mixed frequency factor models when the observed variables share stochastic trends. The indicators are observed at various frequencies
July 8, 2013