Dimsdale, N H; Horsewood, N; Riel, A van - Economics Group, Nuffield College, University of Oxford - 2004
This paper contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard-Nickell model of the labour market to interwar Germany, using a new quarterly data set. The basic model is extended to capture the effects of the tariff wage under the Weimar Republic...