Trends in metropolitan employment growth
AbstractIn the early part of this century, both employment and population tended to concentrate in large metropolitan areas such as New York. Over the past 40 years, however, jobs and people have spread out as both firms and workers have sought the lower costs of smaller, less congested places. In fact, Jerry Carlino argues that "congestion costs"--traffic, pollution, and a higher cost of living--are a major factor in the relatively slower growth of large metropolitan areas in the second half of the century.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Philadelphia in its journal Business Review.
Volume (Year): (1998)
Issue (Month): Jul ()
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