Economic restructuring in New York State
When economic activity slows down, labor markets may undergo extensive structural change-the permanent reallocation of workers across industries. Job losses can be heavy, and creating new jobs and retraining displaced workers to fill them can take time. A high degree of restructuring may help to explain why New York State's most recent downturn persisted for well over two years. Subseries: Second District Highlights.
Volume (Year): 10 (2004)
Issue (Month): Jun ()
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- James A. Orr & Robert W. Rich & Rae D. Rosen, 1999. "Two new indexes offer a broad view of economic activity in the New York - New Jersey region," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 5(Oct).
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- James A. Orr, 1997. "Industrial restructuring in the New York metropolitan area," Economic Policy Review, Federal Reserve Bank of New York, issue Feb, pages 61-74.
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- Gerald A. Carlino & Satyajit Chatterjee & Robert M. Hunt, 2001. "Knowledge spillovers and the new economy of cities," Working Papers 01-14, Federal Reserve Bank of Philadelphia.
- Erica L. Groshen & Laura Robertson, 1993. "Are the Great Lakes cities becoming service centers?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
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