@techreport{NBERh0018, title = "The Microeconomics of Depression Unemployment", author = "Robert A. Margo", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Historical Working Paper Series", number = "18", year = "1990", month = "December", URL = "http://www.nber.org/papers/h0018", 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.}, }