The Securities Industry and the New York-New Jersey Region

4 Pages Posted: 11 Nov 2007

Abstract

The author finds that the securities industry in the New York-New Jersey region, while vulnerable to stock and bond market fluctuations, is enjoying strong growth in employment and salaries. Benefits from future growth, however, will likely flow predominantly to highly skilled workers as rapid technological change continues to widen existing income differentials.

Keywords: New York City, New York City economy

JEL Classification: R0

Suggested Citation

Cantor, Richard Martin, The Securities Industry and the New York-New Jersey Region. Economic Policy Review, Vol. 3, No. 1, February 1997, Available at SSRN: https://ssrn.com/abstract=1028755

Richard Martin Cantor (Contact Author)

Moody's Investors Service ( email )

99 Church Street
New York, NY 10007
United States

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