| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13692 |
| 来源ID | Working Paper 13692 |
| The Dynamics of Relief Spending and the Private Urban Labor Market During the New Deal | |
| Todd C. Neumann; Price V. Fishback; Shawn Kantor | |
| 发表日期 | 2007-12-20 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | During the New Deal the Roosevelt Administration dramatically expanded relief spending to combat extraordinarily high rates of unemployment. We examine the dynamic relationships between relief spending and local private labor markets using a new panel data set of monthly relief, private employment and private earnings for major U.S. cities in the 1930s. Impulse response functions derived from a panel VAR model that controls for time and city fixed effects show that a work relief shock in period t-1 led to a decline in private employment and a rise in private monthly earnings. The finding offers evidence consistent with contemporary employers' complaints that work relief made it more difficult to hire, even though work relief officials followed their stated policies to avoid affecting private labor markets directly. Meanwhile, negative shocks to private employment led to increases in work relief, consistent with Roosevelt's stated goal of using relief to promote relief and recovery. |
| 主题 | History |
| URL | https://www.nber.org/papers/w13692 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571368 |
| 推荐引用方式 GB/T 7714 | Todd C. Neumann,Price V. Fishback,Shawn Kantor. The Dynamics of Relief Spending and the Private Urban Labor Market During the New Deal. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13692.pdf（5272KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
