Press Release
Urban Dynamics in New York City
December 5, 2005

The latest edition of the Federal Reserve Bank of New York’s Economic Policy Review, Urban Dynamics in New York City, is available.

These articles were presented at a conference organized by the Federal Reserve Bank of New York in April 2005, “Urban Dynamics in New York City.” The goal of the conference was threefold: to examine the historical transformations of the engine-of-growth industries in New York and distill the main determinants of the city’s historical dominance as well as the challenges to its continued success; to study the nature and evolution of immigration flows into New York; and to analyze recent trends in a range of socioeconomic outcomes, both for the general population and recent immigrants more specifically.

The articles are:

  • Urban Colossus: Why Is New York America’s Largest City? by Edward L. Glaeser

Edward L. Glaeser is a professor of economics at Harvard University and director of Harvard’s A. Alfred Taubman Center for State and Local Government.

  • The Geography of Entrepreneurship in the New York Metropolitan Area, by Stuart S. Rosenthal and William C. Strange

Stuart S. Rosenthal is a professor of economics at Syracuse University; William C. Strange is the RioCan Real Estate Investment Trust Professor of Real Estate and Urban Economics at the University of Toronto.

  • Exogenous Shocks and the Dynamics of City Growth: Evidence from New York, by Andrew F. Haughwout and Bess Rabin

Andrew F. Haughwout is a research officer at the Federal Reserve Bank of New York; Bess Rabin, formerly a research associate at the Bank, is an analyst at Watson Wyatt Worldwide.

  • The Promised City: Openness and Immigration in the Making of a World Metropolis, by Kenneth T. Jackson

Kenneth T. Jackson is the Jacques Barzun Professor of History and Social Sciences at Columbia University.

  • Immigration Trends in the New York Metropolitan Area, by George J. Borjas

George J. Borjas is the Robert W. Scrivner Professor of Economics and Social Policy at Harvard University’s John F. Kennedy School of Government and a research associate at the National Bureau of Economic Research

  • Trajectories for the Immigration Second Generation in New York City, by John Mollenkopf

John Mollenkopf is executive director of the Center for Urban Research of the Graduate Center of the City University of New York.

  • Immigration, Health, and New York City: Early Results Based on the U.S. New Immigrant Cohort of 2003, by Guillermina Jasso, Douglas S. Massey, Mark R. Rosenzweig and James P. Smith

Guillermina Jasso is a professor of sociology at New York University; Douglas S. Massey is a professor of sociology and public affairs at Princeton University; Mark R. Rosenzweig is a professor of economics at Yale University; James P. Smith is the RAND Corporation Chair in Labor Markets and Demographic Studies.

  • Public Education in the Dynamic City: Lessons from New York City, by Amy Ellen Schwartz and Leanna Stiefel

Amy Ellen Schwartz is a professor of public policy, education, and economics and Leanna Stiefel a professor of economics at New York University.

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