Thursday, November 10, 2005

New research re New York City

The Evolution of Commuting Patterns in the New York City Metro Area,” by Jason Bram and Alisdair McKay (Current Issues in Economics and Finance, October 2005) is among the new research available from the Federal Bank of New York.

“The Evolution of Commuting Patterns in the New York City Metro Area,” by Jason Bram and Alisdair McKay Has the migration of jobs to the suburbs changed the commuting patterns in the New York City metro area? An analysis of current commuting trends suggests that Manhattan remains the region’s undisputed employment center and that workers are actually traveling farther to their jobs. Two factors appear to account for the longer commutes: the dispersion of people and jobs and a greater tolerance for long-distance travel among employers and employees.

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