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global unemployment
Author(s) -
Vedder Richard,
Gallaway Lowell
Publication year - 1993
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1993.tb00033.x
Subject(s) - unemployment , government (linguistics) , great depression , depression (economics) , full employment , economics , keynesian economics , labour economics , political science , economic growth , law , philosophy , linguistics
What are the lessons of American unemployment in the Great Depression? Richard Vedder and Lowell Gallaway, of Ohio University, argue that the cause of American pre‐war unemployment was government inspired increases in real wages.