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This article was presented at a conference organized by the Federal Reserve Bank of New York in April 2005, "Urban Dynamics in New York City." The goal of the conference was threefold: to examine the historical transformations of the engine-of-growth industries in New York and distill the main...
Persistent link: https://www.econbiz.de/10005713007
Remarks by President Dudley at the Brooklyn Chamber of Commerce Brooklyn Borough Hall, Brooklyn, New York.
Persistent link: https://www.econbiz.de/10009146830
Although New York City's payroll employment is rising briskly, it still falls short of its 2001 peak, raising concerns that the local economy is not generating enough jobs. However, a look at a broader set of economic indicators-alternative job measures, wage and salary earnings, and a composite...
Persistent link: https://www.econbiz.de/10005512166
This paper examines the linkage between economic activity and tax revenues for New York State and New York City. Drawing upon the methodology of Stock and Watson, we use a dynamic single-factor model to estimate indexes of coincident economic indicators. We also construct measures of the sales...
Persistent link: https://www.econbiz.de/10005726644
Remarks at Pace University, New York City.
Persistent link: https://www.econbiz.de/10010724966
Remarks at Pace University, New York City.
Persistent link: https://www.econbiz.de/10010598248
A two-stage game depiction of counterterrorism is presented, where the emphasis is on the interaction between the preemptive and defensive measures taken by two targeted countries facing a common threat. The preemptor is likely to be the high-cost defender with the greater foreign interests. A...
Persistent link: https://www.econbiz.de/10005360558
The increased spending on security by the public and private sectors in response to September 11 could have important effects on the U.S. economy. Sizable government expenditures, for example, could trigger a rise in the cost of capital and wages and a reduction in investment and employment in...
Persistent link: https://www.econbiz.de/10005372863
for transnational terrorism. Our two-stage game has the donor country choosing a first-stage contract consisting of … terrorism-fighting tied aid and general assistance. In stage 2, the donor decides its defensive measures, while the recipient … complementarity. A rise in terrorism in the donor increases home enforcement but may limit foreign enforcement at given aid levels. A …
Persistent link: https://www.econbiz.de/10004973898
Persistent link: https://www.econbiz.de/10005526583