Some Perspectives on Another Weak Employment Report
In April, US non-farm payroll jobs rose by a meager 115,000, and the unemployment rate fell slightly from 8.2% to 8.1% according to the Bureau of
May 5, 2012
Peter Fuleky
Hawaii’s unemployment rate revised up for 2009-2011
According to the latest regional labor force data reported by the Bureau of Labor Statistics (BLS), the seasonally adjusted unemployment rate in Hawaii fell by 0.1% point
March 20, 2012
Oil Prices and Hawaii Travel
Oil prices have fluctuated widely in recent years. In our recent County Forecast Report, we discussed how oil affects the overall economy. Because fuel costs represent
September 13, 2011
UHERO welcomes new faculty: Inna Cintina and Peter Fuleky
Dr. Inna Cintina joins UHERO this summer as a Research Analyst and Junior Specialist. Inna earned her Ph.D. in economics from Clemson University in 2011.
June 22, 2011
UHERO Brief: The Lag in Employment Recovery
While US real GDP bottomed out in the second quarter of 2009 and is now back at its pre-recession level, non-farm payrolls only started picking
June 2, 2011
Indirect Inference Based on the Score
The Efficient Method of Moments (EMM) estimator popularized by Gallant and Tauchen (1996) is an indirect inference estimator based on the simulated auxiliary score evaluated
April 7, 2011