The Microeconomics of Depression Unemployment
微观证据显示1930年代失业的发生率和持续时间在劳动力内部差异显著，长期失业可能因联邦救济政策而加剧。
Microeconomic evidence reveals that the incidence and duration of unemployment in the 1930s varied significantly within the labor force. Long-term unemployment, which was especially high by historical standards, may have been exacerbated by federal relief policies.