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[...]This article evaluates the short-term economic consequencesof the attack on Manhattan and the four other boroughsthat make up New York City. We begin with the deepest loss—that of human lives. We then look at the effects of the attack onthe inputs to the production process: labor and...
Persistent link: https://www.econbiz.de/10005869854
[...]In this article, we analyze the effects of September 11 on thelonger run prospects for the New York City economy. We findthat, on the one hand, several downside risks to the city’sgrowth outlook have arisen. In a worst-case scenario, theconcentration of the attack on Lower Manhattan has...
Persistent link: https://www.econbiz.de/10005869861
[...]This article describes a method by which we may moreaccurately predict regional economic activity. Specifically, wedevelop an index of leading economic indicators (LEI) forNew York State and for New Jersey over the 1972-99 period.We extend our earlier work (Orr, Rich, and Rosen 1999),...
Persistent link: https://www.econbiz.de/10005869901
[...]This paper analyzes the industrial restructuringprocess in the New York metropolitan area in the first halfof the 1990s.1 It shows that the restructuring was accompaniedby a decline in the labor force, particularly in NewYork, where the decline persisted through the first half ofthe 1990s....
Persistent link: https://www.econbiz.de/10005870320