Lissa Andrea De Mesa - Portrait

Lissa Andrea De Mesa

Ph.D. candidate in Economics

Texas Tech University (TTU)

I am a Ph.D. candidate in Economics and a Graduate Part-time Instructor at Texas Tech University. My major is applied macroeconomics. My research interests include international, development, labor, monetary, financial, energy, and environmental economics, with the use of STATA, Matlab, R, and GTAP.


Working Papers

The spillover effects of U.S. uncertainty in Latin America

This paper examines the spillover effects of economic policy uncertainty and financial uncertainty shocks from the U.S. on Latin American economies. The structural vector autoregressive (SVAR) model is employed to examine effects on Mexico, Colombia, Brazil, Argentina, and Chile from 1994M1 to 2023M12. The results show that these U.S. uncertainty shocks negatively affect the output and stock prices for all countries while there are heterogeneous effects for the rest of the variables. Greater spillover effects are found in Mexico and Colombia while Argentina and Brazil experience greater decline in terms of their trade activities with the United States.. This can be attributed to trade linkages and geographical factors between the U.S. and the Latin American countries. Nonetheless, overall, the U.S. uncertainty shocks depress real and financial activities. Specifically, financial uncertainty shock results in a sizable and more persistent negative effect on the top five economies in Latin America, requiring at least ten months for recovery.

U.S. Uncertainty Shocks and Labor Market Outcomes: Gender, Ethnicity, and Educational Attainment

This paper analyzes the effects of U.S. uncertainty shocks on labor market outcomes across different groups: gender, ethnicity, and educational attainment. Using a structural vector autoregression (SVAR) model from 1990M1 to 2023M12, results show that uncertainty shocks significantly affect aggregate economic activity while unemployment and labor force participation rates experience persistent adverse effects. Notably, the findings show considerable disparities in the responses of different demographic groups. Women experience slightly higher increases in unemployment than men, which could reflect gender-specific vulnerabilities, especially during the COVID-19 pandemic. Additionally, none-Whites face higher chances of job losses and larger declines in labor force participation. Lastly, those with lower educational attainment, particularly high school graduates, experience greater negative impacts compared to those with bachelor's degrees or more.

Teaching

Texas Tech University

Graduate Part-time Instructor

  • ECO 2301: Principles of Economics: Microeconomics - Fall 2025
  • ECO 2305: Principles of Economics - Spring 2025

Teaching Assistant (2023 - 2024)

  • ECO 2301: Principles of Economics: Microeconomics
  • ECO 2305: Principles of Economics
  • ECO 4305: Introduction to Econometrics
  • ECO 5314: Econometrics 1