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Employment and Unemployment in the 1930s

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  • Robert A. Margo

Abstract

Recent research on labor markets in the 1930s has shifted attention from aggregate to disaggregate time series and towards microeconomic evidence. The paper begins by reviewing the conventional statistics of the United States labor market during the Great Depression and the paradigms to explain them. It then turns to recent studies of employment and unemployment using disaggregated data of various types. The paper concludes with discussions of research on other aspects of labor markets in the 1930s and on a promising source of microdata for future work.

Suggested Citation

  • Robert A. Margo, 1993. "Employment and Unemployment in the 1930s," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 41-59, Spring.
  • Handle: RePEc:aea:jecper:v:7:y:1993:i:2:p:41-59
    Note: DOI: 10.1257/jep.7.2.41
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.7.2.41
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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