In this paper we examine quality-adjusted prices for local area network (LAN) equipment. Hedonic regressions are used to estimate price changes for the two largest classes of LAN equipment, routers and switches. A matched model was used for LAN cards and the prices for hubs were inferred by...

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

High technology industries employ higher than average numbers of scientists and engineers when compared to the employment of the same group among all industries. Since these jobs require high levels of skills to undertake creative, cutting edge activities, it is anticipated that employment in...

Since the 1980s, employment opportunities in both the United States and the New York–northern New Jersey region have become increasingly polarized. While technological advances and globalization have created new jobs for workers at the high end of the skill spectrum and largely spared the...

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

This Article takes the occasion of the simultaneous collapse of the high technology stock market and the failure of the dot-coin startups, along with the subsequent retrenchment of the venture capital business, to examine the law and economics of downside arrangements in venture capital...

This study investigates the impacts of regional characteristics on the early-stage performance of New Technology-Based Firms (NTBFs) in catch-up regions where a mature industrial cluster has yet to be formed. It hypothesized that the average NTBF performance in a region is a function of its...

This study examined whether the demand for more educated science and engineering workers outweighed longstanding practices of discrimination in hiring in high technology industries and science and engineering occupations. The study focused on the effects of education on the distribution of...