The Agony of Restaurant Workers
Social distancing is necessary to slow the spread of COVID-19, but has significant economic impacts, hitting dine-in eateries disproportionately hard.
March 24, 2020
Peter Fuleky
Interim Forecast Update: COVID-19 Will Impose Significant Economic Impacts in Hawaii
The spread of the novel coronavirus and recent visitor falloff lead us to lower sharply our outlook for the Hawaii economy. In the baseline forecast,
March 10, 2020
Just Published: “Macroeconomic Forecasting in the Era of Big Data”
By Peter Fuleky Big data analysis has a long history in macroeconomics. In 1937, National Bureau of Economic Research researchers Wesley Mitchell and Arthur Burns
January 27, 2020
Little relief from Hawaii’s high cost of living
By Rachel Inafuku and Peter Fuleky Living in paradise comes at a cost. Hawaii is notorious for its combination of high costs of living and low
January 21, 2020
Dynamic Factor Models
Dynamic factor models are parsimonious representations of relationships among time series variables. With the surge in data availability, they have proven to be indispensable in
July 8, 2019
Tariff Peril
By Byron Gangnes, Peter Fuleky, and Carl Bonham In a Sunday Tweet, President Trump threatened this week to increase dramatically the tariffs he has placed
May 8, 2019
Benchmarking for a clearer employment picture
By Peter Fuleky, James Jones, Ashley Hirashima, and Rachel Inafuku The most widely cited measure of labor market activity in Hawaii comes from the Current
February 6, 2019
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
March 1, 2017
UHERO wins 2016 Polzin Prize for Best Paper at AUBER Fall Conference
UHERO is proud to announce that “Forecasting in a Mixed Up World: Nowcasting Hawaii Tourism” by Ashley Hirashima, James Jones, Carl Bonham and Peter Fuleky was awarded
November 20, 2016