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The securities industry and the New York - New Jersey region

Richard Cantor ()

Economic Policy Review, 1997, vol. 3, issue Feb, 83-85

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: Federal Reserve District, 2nd; Securities (search for similar items in EconPapers)
Date: 1997
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