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The securities industry and the New York - New Jersey region

Author

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  • Richard Cantor

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.

Suggested Citation

  • Richard Cantor, 1997. "The securities industry and the New York - New Jersey region," Economic Policy Review, Federal Reserve Bank of New York, vol. 3(Feb), pages 83-85.
    • Handle: RePEc:fip:fednep:y:1997:i:feb:p:83-85:n:v.3no.1
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    Cited by:

    1. Daniel Immergluck, 2001. "The Financial Services Sector and Cities: Restructuring, Decentralization, and Declining Urban Employment," Economic Development Quarterly, , vol. 15(3), pages 274-288, August.

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