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How pronounced is the U-curve? Revisiting income inequality in the United States, 1917–60
Piketty and Saez found a pronounced U-curve pattern of American income inequality since
1917, displaying a precipitous decline during World War II to a level that would hold until …
1917, displaying a precipitous decline during World War II to a level that would hold until …
The great overestimation: Tax data and inequality measurements in the United States, 1913–1943
Historical measures of income inequality in the United States must grapple with the
challenge of data quality. We examine one such problem affecting the well‐known estimates …
challenge of data quality. We examine one such problem affecting the well‐known estimates …
Monopsony power in the United States: Evidence from the great depression
AC Holt - Explorations in Economic History, 2024 - Elsevier
This paper presents evidence that firms had labor market power during the early 1930s.
Using plant-level data from the Census of Manufactures between 1929 and 1935, I construct …
Using plant-level data from the Census of Manufactures between 1929 and 1935, I construct …
Monopsony Power During the Great Depression
A Holt - Available at SSRN 4305498, 2022 - papers.ssrn.com
This paper presents evidence that firms had labor market power during the early 1930s.
Using plant-level data from the Census of Manufactures between 1929 and 1935, I construct …
Using plant-level data from the Census of Manufactures between 1929 and 1935, I construct …
[PDF][PDF] Firm networks in the great depression
We develop a model of within-firm financing networks to examine how firms facing working
capital constraints channel resources in response to local shocks and then test this model in …
capital constraints channel resources in response to local shocks and then test this model in …