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The Microeconomics of Depression Unemployment

Robert Margo

No 18, NBER Historical Working Papers from National Bureau of Economic Research, Inc

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.

Date: 1990-12
Note: DAE
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Published as Journal of Economic History, Vol.51, No.2, June 1991, pp.333-341.

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