Barlevy, Gadi (contributor); Tsiddon, Daniel (contributor) - 2004 - [Elektronische Ressource]
gains of low-wage
unskilled labor relative to skilled and semi-skilled labor in the depths of the Great Depression is …
unemployment, the relative income of poorer households would fall in recessions. As another
example, if skilled and unskilled labor …
the Great Depression and the recession of 1937. We now argue this was indeed the case, first
using evidence on wage …