Andrew Fieldhouse
fieldhouse.bsky.social
Andrew Fieldhouse
@fieldhouse.bsky.social
Assistant Professor of Finance, Mays Business School, Texas A&M. Empirical macro and macrofinance, credit policy and mortgage markets, business cycles, R&D, innovation, and growth
Thanks, Akhil, that’s too kind!
October 26, 2025 at 10:09 PM
www.dallasfed.org
July 25, 2025 at 4:07 AM
Reposted by Andrew Fieldhouse
This also includes some provisions that the parliamentarian advised violate the Byrd rule. Some will get cured, but the cost will go up by as much as $450 billion (my guess is maybe around $250 billion, but that's a rough estimate).
June 29, 2025 at 3:48 AM
June 13, 2025 at 7:05 PM
Thank you!
June 12, 2025 at 2:49 PM
Here's a link to the latest draft of our underlying Dallas Fed working paper, "The Returns to Government R&D: Evidence from U.S. Appropriations Shocks":
www.dallasfed.org/~/media/docu...
www.dallasfed.org
June 12, 2025 at 2:28 PM
Punchline: "Even if the benefits of government R&D are slow to materialize... our research suggests that the U.S. economy will be less innovative and productive – and Americans will be worse off for it – if Congress agrees to deep cuts to science and research funding."
June 12, 2025 at 2:27 PM