Sources of New York employment fluctuations

Kenneth Neil Kuttner () and Argia Sbordone ()

Economic Policy Review, 1997, issue Feb, pages 21-35

Abstract: The authors analyze employment growth in the metropolitan region and its relationship to employment in the United States as a whole. They identify a strong cyclical link between the region and the nation, punctuated by occasional, persistent shifts in the region's underlying growth rate. Some shifts are found to be related to industry factors, such as the restructuring of financial services in the late 1980s. However, the authors attribute a large and increasing share of New York employment fluctuations to region-specific factors.

Keywords: Employment (Economic theory); New York (N.Y.); Federal Reserve District, 2nd (search for similar items in EconPapers)
Date: 1997 Written 1997
View citations in EconPapers

Downloads: (external link)
http://www.newyorkfed.org/research/epr/97v03n1/9702kutt.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from
http://www.ny.frb.org/rmaghome/staff_rp/

Access Statistics for this article

More articles in Economic Policy Review from Federal Reserve Bank of New York
Contact information at EDIRC.
Series data maintained by Diane Rosenberger ().