Introduction -- The underpinnings, precursors, and development of the NIRA -- The NIRA code negotiation process -- The president's reemployment agreement of August 1933 -- Codes of fair competition: industrial planning and collusion under the NIRA -- The NIRA compliance mechanism in theory and...

Intro -- Contents -- Preface -- 1. Introduction -- 2. The Underpinnings, Precursors, and Development of the NIRA -- 3. The NIRA Code Negotiation Process -- 4. The President's Reemployment Agreement of August 1933 -- 5. Codes of Fair Competition: Industrial Planning and Collusion under the NIRA...

This paper uses the National Industrial Recovery Act of 1933, which set up industry-wide cartels in the manufacturing sector of the US economy, to gain empirical insight into the current debate on the output effects of cartels. Recent theoretical studies have demonstrated ways in which cartels...