econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Employment Loss During Great Depression May Be 4.3 Million too High

admin by admin
11월 8, 2012
in 미분류
0
0
SHARES
0
VIEWS

Lebergott (blue)     Constructed (Purple)

From the Richmond Fed Study:

Between 1929 and 1933, the unemployment rate rises from 5.9 percent to 19.2 percent, versus 3.2 percent to 25.2 percent in Lebergott. Between 1939 and 1943, the rate declines from 15.2 percent to 6.4 percent, compared to 17.2 percent to 1.9 percent. Abstracting from the Great Depression period and World War II, Lecznar and Sarte’s counterfactual historical unemployment rate appears more consistent with post-war CPS data with respect to volatility or amplitude. Movements in employment also are more subdued than in Lebergott. The employment series implied by the constructed pre-war employment rate suggests that Lebergott’s series overstates the decline in employment between 1929 and 1933 by about 4.3 million workers, and overstates the increase in employment between 1934 and 1943 by about 4.6 million workers.

Read the entire study. The disclaimer for the study:

Views expressed in this article are those of the authors and not necessarily those of the Federal Reserve Bank of Richmond or the Federal Reserve System.

Previous Post

Obama Gets a Mulligan

Next Post

New Index From Chicago Fed To Forecast Recessions

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

New Index From Chicago Fed To Forecast Recessions

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect