The Microeconomics of Depression Unemployment
- 1 June 1991
- journal article
- Published by Cambridge University Press (CUP) in The Journal of Economic History
- Vol. 51 (2) , 333-341
- https://doi.org/10.1017/s0022050700038973
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.Keywords
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