NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Unemployment and Development

Ying Feng, David Lagakos, James E. Rauch

NBER Working Paper No. 25171
Issued in October 2018

---- Acknowledgments ----

For helpful comments we thank Gary Fields, Chris Huckfeldt, Ben Moll, Andi Mueller, Tommaso Porzio, Guillaume Rocheteau, Venky Venkateswaran, Mike Waugh, Erin Wolcott, Randy Wright and seminar/conference audiences at Cornell, Harvard/MIT, NYU, Rochester, Midwest Macro (Pittsburgh), SED (Mexico City), China Conference on Development and Growth (Wuhan), the MacCaLM Workshop (Edinburgh), Trinity College Dublin, UCSD and the West Coast Search Conference (Irvine). All potential errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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