Download This PaperThe Microeconomics of Depression Unemployment
19 Pages Posted: 7 Jan 2008 Last revised: 21 Jul 2024
Date Written: December 1990
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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