Unemployment in Interwar Germany: An Analysis of the Labor Market, 1927-1936.
This article contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard-Nickell model of the labor market to interwar data. The results indicate that demand shocks, combined with nominal inertia in the labor market, were important in explaining unemployment. R...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Cambridge University Press
2006
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