Lessons from the New Deal: Did the New Deal Prolong Or Worsen the Great Depression?

New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis

There are two striking aspects of the recovery from the Great Depression in the United States: the recovery was very weak and real wages in several sectors rose significantly above trend. These data contrast sharply with neoclassical theory, which predicts a strong recovery with low real wages. We evaluate the contribution of New Deal cartelization policies designed to limit competition and inc...

The Impact of New Deal Expenditures on Mobility During the Great Depression

Using county-level data on federal New Deal expenditures on public works and relief and Agricultural Adjustment Administration payments to farmers, this paper empirically examines the New Deals impact on inter-county migration from 1930 to 1940. We construct a net-migration measure for each county as the difference between the Censuss reported population change from 1930 to 1940 and the natural...

Beyond the New Deal: Reply

Radiation oncology: the new deal.

Radiation oncology is a relatively young specialty that has evolved as a subspecialized discipline over the past 30 years. Although the use of radiation for therapeutic purposes has been studied for the last century, it has only been relatively recently that the formal specialty has been recognized. Originally, training in the use of radiation for therapeutic purposes was included as part of di...

Deal or No Deal? - Asessing the Daily Deal Shopper

We build upon previous work done in online shopping segmentation but follow a customer-revealed approach by using an explorative cluster analysis on a sample of 11,848 daily deal shoppers located in Switzerland. We identify six segments into which the daily deal shoppers can be categorized: recreational shoppers, mobile shoppers, traditionalists, bargain hunters, socializers, and convenience se...