Accomplishments: Center for Business and Economic Research

Stephen M. Miller (Economics; Center for Business and Economic Research) presented the outlook for the Southern Nevada economy to the Las Vegas Asian Chamber of Commerce on Thursday, Oct. 26 at the Gold Coast Hotel and Casino. The presentation was followed by a Q&A.
Stephen M. Miller (Economics; Center for Business and Economic Research) published “Estimating U.S. housing price network connectedness: Evidence from dynamic Elastic Net, Lasso, and ridge vector autoregressive models" in the International Review of Economics and Finance with David Gabauer, Academy of Data Science in Finance, Vienna, Austria and…
Andrew Woods, Stephen Miller, Jinju Lee, graduate student John Magee, and graduate student Zahra Moradpour (all Center for Business and Economic Research) recently won the 2022 Award of Excellence in Print Publications for the center's Population Forecast 2020-2060 from the Association for University Business and Economic Research (AUBER).…
Stephen M. Miller (Center for Business and Economic Research, Economics) published an article, “Does real interest rate parity really work? Historical evidence from a discrete wavelet perspective,’ with Mahdi Ghaemi Asl, Kharazmi University; Giorgio Canarella, California State University Los Angeles; and Hamid Reza Tavakkoli, Imam Sadiq University…
Stephen M. Miller (Business and Economic Research) and Heni Boubaker, Institute of High Commercial Studies (IHEC) of Sousse, Giorgio Canarella, (emeritus) University of California, Los Angeles, and Rangan Gupta, University of Pretoria, published: "A Hybrid ARFIMA Wavelet Artificial Neural Network Model for DJIA Index Forecasting" in Computational…
Stephen M. Miller and Andrew Woods (both Center for Business and Economic Research) published a paper, "A Tale of Two Cities Diversifying Economies," in The Regulatory Review on August 15, 2022. The paper considers a case study of differences in economic development processes between Las Vegas and Reno. For many years, policymakers and analysts…
Giorgio Canarella and Stephen M. Miller (both Economics and Center for Business and Economic Research) published "Globalization, Long Memory, and Real Interest Rate Convergence: A Historical Perspective," with Luis A. Gil-Alana (University of Navarra) and Rangan Gupta (University of Pretoria) in Empirical Economics, 2022. This paper investigates…
Giorgio Canarella and Stephen M. Miller (both Economics and Center for Business and Economic Research) published "The Behavior of Real Interest Rates: New Evidence from a ‘Suprasecular’ Perspective," International Finance 2021 with co-authors, Luis A Gil-Alana, University of Navarra, Pamplona, Spain, and Rangan Gupta, University of…
Giorgio Canarella and Stephen M. Miller (both Economics and Center for Business and Economic Research) published  "Firm Size, Corporate Debt, R&D Activity, and Agency Costs: Exploring Dynamic and Non-linear Effects" in the June issue of The Journal of Economic Asymmetries. This paper empirically investigates firm-specific determinants of…
Stephen M. Miller (Economics and Center for Business and Economic Research), along with Zhilan Feng of Clarkson University, and Dogan Tirtiroglu of Ryerson University published "U.S. REIT Industry Profitability: A Bennet Decomposition of Industry Dynamics" in International Journal of Strategic Property Management. This paper considers the…
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.…
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.…