Wages, Productivity, and Work Intensity in the Great Depression

Julia Darby and Robert Hart

No 543, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper reviews the mains identification and estimation strategies for microeconomic policy evaluation. Particular emphasis is laid on evaluating policies consisting of multiple programmes, which is of high relevance in practice. For example, active labour market policies may consist of different training programmes, employment programmes and wage subsidies. Similarly, sickness rehabilitation policies often offer different vocational as well as non-vocational rehabilitation measures. First, the main identification strategies (control-forconfounding- variables, difference-in difference, instrumental-variable, and regressiondiscontinuity identification) are discussed in the multiple-programme setting. Thereafter, the different nonparametric matching and weighting estimators of the average treatment effects and their properties are examined.

Keywords: Great Depression; productivity; work intensity; wages (search for similar items in EconPapers)
JEL-codes: J24 J31 N62 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2002-08
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (1)

Published - published in: Southern Economic Journal, 2008, 75 (1), 91-103

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Journal Article: Wages, Productivity, and Work Intensity in the Great Depression (2008)
Working Paper: Wages, Productivity and Work Intensity in the Great Depression (2002)
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