Markets during the New Deal operated under a number of different institutional regimes, which were marked by executive orders, the passage of various pieces of legislation, and Supreme Court rulings on their constitutionality. Specifically, we break the New Deal period into the following six...

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...

We semiparametrically estimate average causal effects of different lengths of exposure to academic and vocational instruction in the Job Corps (JC) under the assumption that selection into different lengths is based on a rich set of observed covariates and time-invariant factors. We find that...

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...

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...