ue

Question 1

Rates of ur

Answer 1

12 17 peaks Feinstein

Question 2

Hatton 2003 probability of leaving ue

Answer 2

1929 50 if one week 2 if a year

Question 3

Bifurcation

Answer 3

High turnover and réemployèrent

L-t

Question 4

Hysteresis

Answer 4

Path dependence, historical rates influence current and future rates

Question 5

L-t

Answer 5

7 %in 29 to 30 %in 36

Question 6

1921 Trade board cover how many millions of workers

Answer 6

3

Question 7

When’s Mond turner

Answer 7

1927-8

Question 8

Lt unemployment 1929 1936

Answer 8

7,30

Question 9

Wage gap. Explain using profit max. H.

Answer 9

RPI/. Scott: prod does not reduce

Question 10

Who emphasised S side in 30s

Answer 10

Beenstock.H, using wholesale price is flawed

Question 11

Benefit cover how many in total?

Answer 11

11m 1921

Question 12

Temporary stopped meaning

Answer 12

On short time working or laid off but with definite promise to return to work with current employer within six weeks

Question 13

Craft long-term
Heim
Harris

Answer 13

Only 10% with ratio over 0.7. Half below poverty line
Employers don’t like them
Malnutrition

Question 14

Really important how much does export staples account for long-term unemployment1936

Answer 14

57

Question 15

Causes of 30s depression

Answer 15

US stock market boom and raise ir
US reduces K outflow 1928 and primary income fell
Increase r also increases risk of deva