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This paper explores the connections betweenbroad economic indicators in the New Yorkmetropolitan region and their national counterparts.It compares the performance of theregion in recent years with that of the nation and assessesthe importance of national and local developments for thearea’s...
Persistent link: https://www.econbiz.de/10005870273
[...]In this paper, I analyze the performance of theregion’s industries over the recent economic decline andrecovery. In the next section, I present the taxonomy ofindustries employed here. That taxonomy, adopted frominternational trade theory, displaces economic base theory,which sorts...
Persistent link: https://www.econbiz.de/10005870275
[...]This paper analyzes the industrial restructuringprocess in the New York metropolitan area in the first halfof the …-oriented economy. This shift, whilebroadly in line with nationwide trends, has been somewhatmore intense in the metropolitan area ….Together, job losses in government and manufacturinghave lowered job growth in the area over the past threeyears by an average of 0 …
Persistent link: https://www.econbiz.de/10005870320
Much of the discourse about regional andlocal economic development strategiesin the United States over the pasttwenty-five years has looked like asearch for general rules. Very few such rules have emerged,in part because—like all policy debates—there have beenlarge inputs of ideology and...
Persistent link: https://www.econbiz.de/10005870334
[...]The focus of my remarks is something else entirely. Mypurpose is threefold: first, to make the case that the study ofhistory is essential to understanding the present and future ofany urban area; second, to suggest that in terms of age, size,density, and demographic patterns, New York has...
Persistent link: https://www.econbiz.de/10005869697
ofimmigrants in the New York metropolitan area. The empiricalanalysis uses the available U.S. census microdata between 1970and 2000 …
Persistent link: https://www.econbiz.de/10005869701
Public infrastructure is an important part of a wellfunctioningurban economy. Such infrastructure—definedhere as publicly owned and maintained physical capital—hashistorically played a central role in allowing cities to grow bymitigating or reducing problems such as congested...
Persistent link: https://www.econbiz.de/10005869864
New York City is well-known for the special challenges itfaces in providing the largest urban population in theUnited States with quality affordable housing. The city’shousing problems are frequently the subject of intense debate.It is sometimes said that housing problems in New York Cityare...
Persistent link: https://www.econbiz.de/10005869783
[...]This paper reexamines the debate over the appropriate formof housing assistance. First, we briefly summarize and evaluate arguments in favor of demand-oriented housing subsidies(such as Section 8 vouchers) and supply-oriented housingsubsidies (such as production subsidies). We conclude...
Persistent link: https://www.econbiz.de/10005869790
[...]There are, of course, more traditional sources of privatesectorcapital for these markets. First among them is theCommunity Reinvestment Act. As we heard earlier, and asmany of us know firsthand, the act has had a dramatic effect interms of directing private-sector resources into urban...
Persistent link: https://www.econbiz.de/10005869800