Unemployment in Interwar Britain: Dole or Doldrums?
Several controversial recent studies seek to explain interwar Britain's high unemployment rate in terms of the generosity of her unemployment-insurance system. All of these studies are macroeconomic in nature. In contrast, this paper employs a micro economic sample of some 2,400 adult males to analyze the relationship of unemployment benefits to unemployment in 1929-31. The author find s a generally positive but small association between unemployment inc idence and the estimated benefit/wage ratio, but one limited largely to secondary workers. The contribution of insurance benefits to inter war unemployment turns out to be small in the context of the Great De pression. Copyright 1987 by Royal Economic Society.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 39 (1987)
Issue (Month): 4 (December)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://oep.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|