The Microeconomics of Depression Unemployment

Robert A. Margo
Historical Working Paper 0018
DOI 10.3386/h0018
Issue Date

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.

  • Robert A. Margo, "The Microeconomics of Depression Unemployment," NBER Working Paper h0018 (1990), https://doi.org/10.3386/h0018.

Published Versions

Journal of Economic History, Vol.51, No.2, June 1991, pp.333-341.

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