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The Microeconomics of Depression Unemployment

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  • Robert A. Margo

Abstract

Microeconomic evidence reveals that the incidence and duration of unemployment in the 1930s varied significantly within the labor force. Long-term unemployment, which was especially high by historical standards, may have been exacerbated by federal relief policies.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Historical Working Papers with number 0018.

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Date of creation: Dec 1990
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Publication status: published as Journal of Economic History, Vol.51, No.2, June 1991, pp.333-341.
Handle: RePEc:nbr:nberhi:0018

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  1. Obama at the Jobs Summit: Public Works Programs on the Table
    by Matthew Bandyk in Capital Commerce on 2009-12-02 12:00:00
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Cited by:
  1. Kris Inwood & Chris Minns & Lee Summerfield, 2014. "Reverse assimilation? Immigrants in the Canadian labour market during the Great Depression," Economic History Working Papers 57209, London School of Economics and Political Science, Department of Economic History.
  2. Price V. Fishback & John Joseph Wallis, 2012. "What Was New About the New Deal?," NBER Working Papers 18271, National Bureau of Economic Research, Inc.
  3. Charles W. Calomiris, 1993. "Financial Factors in the Great Depression," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 61-85, Spring.
  4. Jong, H. de & Woltjer, P., 2009. "A Comparison of Real Output and Productivity for British and American Manufacturing in 1935," GGDC Research Memorandum GD-108, Groningen Growth and Development Centre, University of Groningen.
  5. Price V. Fishback & Shawn Kantor & John Joseph Wallis, 2002. "Can the New Deal's Three R's Be Rehabilitated? A Program-by-Program, County-by-County Analysis," NBER Working Papers 8903, National Bureau of Economic Research, Inc.
  6. Robert A. Margo, 1993. "Employment and Unemployment in the 1930s," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 41-59, Spring.
  7. Frank Levy & Peter Temin, 2007. "Inequality and Institutions in 20th Century America," NBER Working Papers 13106, National Bureau of Economic Research, Inc.

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