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Center for Business and Economic Research News

Current Business and Economic Research News

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Campus News | January 5, 2021

A collection of stories highlighting UNLV experts and their analysis of all things politics in 2020.

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Business and Community | December 31, 2020

As the pandemic tightened its grip on Nevada, the nation, and the world, UNLV responded in ways big and small. Members of the media also turned to UNLV's faculty experts for answers.

Campus News | December 10, 2020

A collection of news stories highlighting the election, COVID-19, and scientific discovery at UNLV.

Campus News | November 5, 2020

A collection of news stories highlighting UNLV’s commitment to community, health care, and research.

Eight UNLV graduates pose for a photo in their graduation attire.
Campus News | June 11, 2020

A collection of stories featuring UNLV’s continued flexibility and adaptability in the face of COVID-19.

Campus News | May 20, 2020

A collection of news stories highlighting the staff and students of UNLV who exemplify what it means to be a Rebel, even from home.

Business and Economic Research In The News

February 22, 2021

As the United States prepares for a COVID-19 recovery, policymakers need to understand why some cities and communities were more vulnerable to the pandemic’s economic consequences than others. In this paper, we consider the association between a city’s core industry, its economic susceptibility to the pandemic, and the recession’s racially disparate impact across six select metropolitan areas. We find that areas with economies that rely on the movement of people—like Las Vegas with tourism—faced substantially higher unemployment at the end of 2020 than cities with core industries based on the movement of information. Further, we find the hardest-hit areas have larger Hispanic or Latino communities, reflecting the demographic composition of workers in heavily impacted industries and susceptible areas. We conclude by recommending targeted federal policy to address the regions and communities most impacted by the COVID-19 recession.

Vegas Inc
February 3, 2021

Lori Calderon has looked through so many job applications that she often finds herself evaluating potential hires for Resorts World on her personal time.

Las Vegas Review Journal
February 3, 2021

Las Vegas’ jobless rate remains the highest in the nation among large metro areas, a new report shows, yet another sign of the pandemic’s crushing financial effects.

January 26, 2021

Nevada’s economy must expand beyond its gaming industry reliance and add other types of industries, two economists said. Their prescription comes in response to a recent call by Gov. Steve Sisolak (D) to diversify the industries in the state, given the coronavirus economic downturn.

January 21, 2021

Las Vegas continues to operate at a fraction of normal capacity, as vaccine deployment brings hope to end the COVID-19 pandemic. This is the January Vegas economic update; here is my Vegas economic report from December 2020, discussing the likelihood of a K-shaped recovery.

January 12, 2021

Nevada’s gaming floors, bars, and restaurants must keep in place the 25 percent occupancy limit for another 30 days due to coronavirus risk, Gov. Steve Sisolak (D) announced on Monday. But the move led experts to question its effectiveness and the impact on the economy.

Business and Economic Research Experts

An accomplished economist, professor, and administrator in the fields of business and economic research.

Recent Business and Economic Research Accomplishments

January 13, 2021
Giorgio Canarella and Stephen M. Miller (both Economics & Center for Business and Economic Research) published their paper “Dynamic Asymmetric Optimal Portfolio Allocation between Energy Stocks and Energy Commodities: Evidence from Clean Energy and Oil and Gas Companies,” with Mahdi Ghaemi Asl, Kharazmi University, in Resources Policy. This...
December 9, 2020
Stephen M. Miller (Center for Business and Economic Research) published “125 Years of Time-Varying Effects of Fiscal Policy on Financial Markets," with Hardick A. Marfatia, Northeastern Illinois University, and Rangan Gupta, University of Pretoria. This paper examines the effect of fiscal policy on financial markets over a pan of 125 years. Unlike...
December 2, 2020
Stephen M. Miller (Center for Business and Economic Research and Economics) earlier this year published “The Time-series Linkages Between U.S. Fiscal Policy and Asset Prices” in Public Finance Review, along with Ghassen El Montasser, Ecole Superieure de Commerce de Tunis; Rangan Gupta, University of Pretoria; and Jooste Charl, University of...
November 16, 2020
Giorgio Canarella and Stephen M. Miller both (Economics and Center for Business and Economic Research) published their paper, "Long-Memory Modeling and Forecasting: Evidence from the U.S. Historical Series of Inflation" in Studies in Nonlinear Dynamics and Econometrics with coauthors Heni Boubaker, Rabat Business School, and Rangan Gupta,...
May 6, 2020
Giorgio Canarella (Economics) and Stephen M. Miller (Center for Business and Economic Research) published “Persistence and Cyclical Dynamics of U.S. and U.K. House Prices: Evidence from over 150 Years of Data," along with  Luis A. Gil-Alana, Facultad de Ciencias Económicas y Empresariales, Universidad de Navarra, Pamplona, Spain, and Rangan Gupta...
April 24, 2020
Stephen M. Miller (Center for Business and Economic Research) published a paper, "The Time-series Linkages between US Fiscal Policy and Asset Prices," along with co-authors Ghassen El Montasser of the Campus Universitaire de la Manouba, Tunisia; Rangan Gupta of the University of Pretoria, South Africa; and Jooste Charl of the World Bank in Public...