Two stories catching my eye this morning revolve around oil markets and the use of cell phone data to describe behavior.
There are many moving pieces in the economy, but oil in North Dakota represents a clear economic and budget issue for the state right now. I provide a first pass here.
I take a look at oil prices as part of the discussion on the radio today.
So I am following up my own post. A paper I am soon to present looks at fertility rates in North Dakota and how they were impacted by oil activity. My earlier post, Oil boom but no baby boom in ND, showed a lack of change in the age specific fertility rates for North Dakota over time related to the oil boom. That does not tell the whole story though. There are changes though that are important to highlight. Part of my research is an attempt to break out effects from price and quantity changes on the fertility rate in certain areas.Continue reading Oil & Fertility in North Dakota
I decided to further look at yield spreads and put a bit of a local spin on it by adding in the element of North Dakota oil production. I am trying to figure out if rates and rate movements impact the oil industry in North Dakota. The interesting thing here is that the cost structure of the firms is really different.Continue reading Yield Spreads and North Dakota Oil