"During the New Deal the Roosevelt Administration dramatically expanded relief spending to combat extraordinarily high rates of unemployment. We examine the dynamic relationships between relief spending and local private labor markets using a new panel data set of monthly relief, private...

Most of the literature on the evaluation of training programs focuses on the effect of participation on a particular outcome (e.g. earnings). The "treatment" is generally represented by a binary variable equal to one if participation in the program occurs, and equal to zero if no participation...