Vice President in Charge, El Paso Branch
Federal Reserve Bank of Dallas

• Federal Reserve Bank of Dallas, El Paso Branch. Vice President in Charge, January 2003–Present.
   
• Federal Reserve Bank of Dallas, Houston Branch. Senior Economist and Vice President January 2000–Present. Senior Economist and Assistant Vice President January 1996–January 2000. Research Officer January 1993–January 1996. Economic Advisor, July 1990–January 1992; Senior Economist, July 1989–July 1990.
   
• Tennessee Valley Authority, Knoxville, Tennessee, Chief Economist's Staff; Economist 1982–86, Senior Economist, 1987–89.
   
• Center for Energy Research, Education and Service. Ball State University, Muncie, Indiana, Visiting Research Professor, 1986–87.
   
• Institute for Energy Analysis, Oak Ridge Associated Universities. Washington, D.C. Office (1976–77), Oak Ridge, Tennessee (1977–82), Economist and Project Leader.
   
• Institute for Defense Analysis. Arlington, Virginia, 1973 1976, Economist and Project Leader.
   
• Office of the Governor, Office of Information Services. Austin, Texas, 1972–73, Graduate Internship.

Education

• B.A.—University of Texas at El Paso, Economics, 1968.
• M.A.—University of Texas at Austin, Economics (Monetary Theory), 1970.
• Ph.D.—University of Texas at Austin, Economics (Public Finance, Monetary Theory, Econometrics), 1973.

Honors

• NSF Fellowship
• Omicron Delta Epsilon
• Phi Kappa Phi

Professional Affiliations

• American Economic Association
• Southern Economic Association
• National Association for Business Economics
• International Association for Energy Economics
• Network of Border Economists

Economic Journal Articles

• “The Economics of the Texas Triangle,” Submitted for publication.
   
• “Industrial Structure and Economic Complementarities in City Pairs on the Texas–Mexico Border,” (with Jesús Cañas) Submitted for publication.
   
• “Maquiladora Downturn: Structural Change or Cyclical Factors?” International Business and Economics Research Journal, 3, August 2004, pp. 26–46 (with Roberto Coronado and Jesús Cañas).
   
• "Income Growth in the Southwest: Implications for Long-Term Development," Federal Reserve Bank of Dallas Economic Review, November 1991, pp. 1–14.
   
• "Identifying Service-Sector Exports from Major Texas Cities," Federal Reserve Bank of Dallas Economic Review, July 1990, pp. 1–16.
   
• "Oil Prices and Manufacturing Growth: Their Contribution to Houston's Economic Recovery," Federal Reserve Bank of Dallas Economic Review, March 1990, pp. 13–22.
   
• "Energy Labels and Economic Search: An Example from the Residential Real Estate Market,” Energy Economics, 11, July 1989, pp. 213–18.
   
• "The Service Sector in a Hierarchy of Rural Places: Potential for Export Activity," Land Economics, 65, August 1989, pp. 217–27. (with S.R. Keil and R.S. Mack).
   
• "Export Potential of Services in the Tennessee Valley," Regional Science Perspectives, 18, 1987, pp. 18–33 (with R.S. Mack and S.R. Keil).
   
• "Export Potential of Services in the Tennessee Valley," Regional Science Perspectives, 18, 1987, pp. 18–33 (with R.S. Mack and S.R. Keil).
   
• "Cyclical and Structural Change in Southern Manufacturing: Recent Evidence from the Tennessee Valley: Note," Growth and Change, 17, October 1986 (with A. G. Pulsipher).
   
• "Long-Run Adjustments to Alternative Levels of Reliability in Electricity Supply," The Energy Journal, 7, October 1986, (with R. S. Mack).
   
• "Causes and Consequences of Slow Growth in the Tennessee Valley's Service Sector," Growth and Change, 17, January 1986, pp. 51–65 (with D. J. Cocheba and R. S. Mack).
   
• "Measuring Changes in Service Sector Activity," Growth and Change, 16, October 1985 (with D. J. Cocheba and R. S. Mack).
   
• "The Cost of Residential Power Outages," The Energy Journal, 5, January 1983, pp. 55–75 (with R. S. Mack).
   
• "Wealth Neutral Grants for Public Education," Public Finance Quarterly, 7, July 1979, pp. 259–81 (with Daniel C. Morgan).
   
• "Tax Islands, Fiscal Equity, and Fiscal Equalization," Public Finance Quarterly, 4, October 1976, pp. 479–91.
   
• "Predicting the Cost of Fiscal Equalization in Public School Finance," Public Finance Quarterly, 3, July 1975, pp. 261–74.
   
• "The Equalization Equivalence of Education Aid Programs: A Reply and a Further Analysis," Public Finance Quarterly, 3, January 1975, pp. 86–90 (with Daniel C. Morgan).
   
• "The Equivalence of Flat Grants and Foundation Programs in State Education Aid Formulas," Public Finance Quarterly, 1, October 1973, pp. 437–49 (with Daniel C. Morgan).

Other Articles

• Houston Business: A Perspective on the Houston Economy . Continuing newsletter containing feature articles and economic updates on the Houston and Gulf Coast economy published by the Federal Reserve Bank of Dallas, January 1990 to present. Author or co-author of about 130 feature articles.
   
• "Concentration of Energy Production and Processing on the Gulf Coast,” USAEE Dialogue, forthcoming in 2006 (with Carrie Ann Fossum and Iram Siddik)
   
• “El empleo en la frontera de Texas y el crecimiento de las maquiladoras,” J.Eduardo Mendoza (ed.), in El TLCAN y La Frontera: Aspectos Económicos, forthcoming from Colegio de la Frontera Norte (with Jesús Cañas and Roberto Coronado).
   
• “Texas Border Employment and Growth of the Maquiladoras,” in The Face of Texas: Jobs, People, Business, Change, Federal Reserve Bank of Dallas, October 2005. Reprinted in Mexico Now, Vol 4, No. 20, January/February 2006, pp. 26–30.
   
• “Deepening Ties Between U.S., Mexico Economies,” Southwest Economy, January/February, 2006 (with Jesús Cañas and Roberto Coronado).
   
• “Economic Progress in the Texas Economy” in The Face of Texas: Jobs, People, Business, Change, Federal Reserve Bank of Dallas, October 2005, pp. 17–23.
   
• “Border Cities, Economic Competitors or Complements,” Federal Reserve Bank of Dallas Crossroads, Issue 2, 2005 (with Jesus Cañas, et al.).
   
• “Unconventional Natural Gas Drives New Mexico Rig Count,” Federal Reserve Bank of Dallas Crossroads, Issue 1, 2005.
   
• “Framing the Future: Tomorrow’s Border Economy,” Federal Reserve Bank of Dallas Business Frontier, No. 4, 2004 (with Jesús Cañas, Roberto Coronado, and Keith Phillips). Reprinted in Federal Reserve Bank of Dallas Vista, Issue 1, 2005.
   
• “Why Is El Paso’s Job Market So Sluggish?” Federal Reserve Bank of Dallas Business Frontier, No. 3, 2004.
   
• “Composite Index: A New Measure of El Paso’s Economy,” Federal Reserve Bank of Dallas Business Frontier, No. 1, 2003 (with Jesús Cañas and Keith Phillips).
   
• “Texas Border Cities: An Income Growth Perspective,” in The Border Economy, Federal Reserve Bank of Dallas, 2000, pp. 2–5.
   
• “Door to Mexican Energy Opens Slowly” USAEE Dialogue, August 1997.
   
• "Houston's Steady Growth Should Continue," Federal Reserve Bank of Dallas Southwest Economy, January/February 1997, p 5.
   
• "From Bust to Boom: Oil the Name of the Game in Houston," Business Venezuela, October 1996, 68–72.
   
• "Oil Extraction in the Southwest: Smaller, Profitable and at Home in the City," Federal Reserve Bank of Dallas Southwest Economy, July/August 1995, pp. 1–5.
   
• "Houston's Economy Still Strongly Dependent on the Oil Patch," Houston Chronicle, July 25, 1993, p. 4F.
   
• "Zoning—Houston's Done So Well Without It," Houston Chronicle, May 6, 1992, pp. F1–F2.
   
• "Bad News from the Oil Patch: Why the Rig Count Is Depressed" Federal Reserve Bank of Dallas Southwest Economy, July/August 1992, pp. 5–7 (with Mine Yücel)
   
• "Oil Still Crucial to Houston Economy," Urban Land, May 1992, p.28.
   
• "Diversification Strengthens Houston Economy," Houston Economic News, 5, August 1991, pp. 1–2.
   
• "The Crisis in the Persian Gulf: Houston Economy Marks Time Until the Resolution," Houston Economics, January 1991, pp. 3–5.
   
• "Deficits, the Dollar, and the Outlook for the Tennessee Valley," Business Perspectives, 1, January 1988, pp. 4–7 (with A. G. Pulsipher).
   
• “Upstream Employment Rises with Exploration,” Oil and Gas Journal, vol. 103.3, Aug 8, 2005, 20–24 (with Jonathan L. Story).
   
• “The Service Economy in the Tennessee Valley Region," Forum for Applied Research and Public Policy, 2, Winter 1987, pp. 106–13 (with S. R. Keil and R. S. Mack).
   
• "Recent Economic Performance and the Future of the Rural South," Forum for Applied Research and Public Policy, 1, Summer 1986, pp. 109–18 (with A. G. Pulsipher).
   
• "Regional Electricity Costs and the Aluminum Industry," Texas Business Review, 57, November/December 1983, pp. 260–66.
   
• "Manufacturing in the Tennessee Valley: Trends and Prospects," Mid-South Business Journal, 3, Third Quarter 1983, pp. 3–8 (with Allan G. Pulsipher and Hubert Hinote).
   
• "Prospects for Energy Prices: Four Fundamental Questions for the Business Forecaster," Resek and J.R. Fitch, eds., in Frontiers in Economic and Business Research Management (Urbana-Champaign: University of Illinois for AUBER, 1983), pp. 42–52. A shortened version also appears in Georgia Business and Economic Conditions, 54, May/June 1983 (with Allan G. Pulsipher).
   
• "Power to the People: The Promise of Decentralized Solar," Technology Review, 83, August/September 1981, pp. 129–35.
   
• "The History of Natural Gas Pipelines in the Southwest," Texas Business Review, 55, May/June 1981, pp. 129–35.
   
• "Federal Regulation and the National Market for Natural Gas," Texas Business Review, 54, May/June 1980, pp. 238–43.
   
• "Should the Electric Utilities Own Solar?" Solar Age, 5, March 1980, p. 4 (with Richard E. Meunier).
   
• "Electric Utilities and Solar Energy: The Service Contract in a New Social Context," Mercer Law Review, 30, Winter 1979, pp. 377–94 (with Richard E. Meunier).  

• Tennessee Valley Economic Outlook (Knoxville, Tn: Tennessee Valley Authority, Chief Economist Staff,1981 1989). Author or co-author of long- and short-term forecasting chapters.
   
• “Changes in Tennessee's Economic Structure," Economic Prospects for Tennessee's Future (Nashville, Tn: Tennessee State Planning Office, 1989), pp. 13 27. (with Allan G. Pulsipher)
   
• "The Benefits and Costs of Home Energy Rating Systems: Should Indiana Participate?" CERES Research Report (Muncie, Indiana: Ball State University, 1987).
   
• "Economic Development in the Tennessee Valley: Electricity, Low-Cost Labor, and Industrial Expansion." CERES Research Report (Muncie, Indiana: Ball State University, 1987).
   
• "The Valuation of Electricity Supply Interruptions: A Household Production Approach," CERES Research Report (Muncie, Indiana: Ball State University, Center for Energy Education Research Service, 1985) (with R. S. Mack).
   
• "The Cost of Electric Power Interruptions to Residences in the Tennessee Valley," ORAU/IEA, 82 4(M) (Oak Ridge Tennessee: Oak Ridge Associated Universities, 1982) (with R. S. Mack).
   
• "The Social Control of Energy: A Case for the Promise of Decentralized Solar Technologies," ORAU/IEA 80 2(M) (Oak Ridge: Oak Ridge Associated Universities, 1980).
   
• "Electric Utilities and Solar Energy: The Service Contract in a New Social Context," ORAU/IEA 73 3(O) (Oak Ridge, Tennessee: Oak Ridge Associated Universities, 1979) (with R. E. Meunier).
   
• Validation of the Natural Gas Curtailments System (Washington, D.C.: Energy Information Administration, 1980) (with Sara Boercker, et. al.).
   
• Review of Requirements for a Federal Natural Gas Data System, DOE/EIA-0264(Washington,D.C.: U.S. Department of Energy, 1980) (with Sara Boercker, et.al.).
   
• "Rethinking the Scale of Coal-Fired Electric Generation: Technological and Institutional Considerations," ORAU/IEA 78 16(M) (Oak Ridge, Tennessee: Oak Ridge Associated Universities, 1978).
   
• "Services and Energy in U.S. Economic Growth," ORAU/IEA 77 33(M), (Oak Ridge, Tennessee: Oak Ridge Associated Universities, 1977).
   
• "The Effects of Regulatory Constraints on the Delivery of DoD Weapon Systems," IDA P 1216 (Arlington, Virginia: Institute for Defense Analysis, 1977) (with Harold J. Brumm).
   
• "An Assessment of Computational Methods for Determining Requirements for Strategic and Critical Materials," IDA S 480 (Arlington, Virginia: Institute for Defense Analysis, 1976) (with Paul McCoy).
   
• "The Cost Effectiveness of Wide Steel Plate for Submarine Hull Construction," IDA P 1189, Secret (Arlington, Virginia: Institute for Defense Analysis, 1976).
   
• "The Potential for Relocation of Population Under Threat of a Nuclear Attack," IDA P 1119, Secret (Arlington, Virginia: Institute for Defense Analysis, 1976) (with Carolyn Kennedy).
   
• "Intelligence Production Costs and Outputs," IDA P 1064, Top Secret, (Arlington, Virginia: Institute for Defense Analysis, 1974).
   
• "An Evaluation of the Joint Long-Range Strategic Study," IDA S 438, Confidential (Arlington, Virginia: Institute for Defense Analysis, 1974) (with Leonard Wainstein).