Sep 30, 2017
Notes for Section 3.1 Measurement Error, from Statistics for Engineers and Scientists.
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Notes for Section 3.1 Measurement Error, from Statistics for Engineers and Scientists.
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How great was the Great Depression unemployment? The official and Darby estimates of US unemployment in the 1930s
How great was the Great Depression unemployment? The official and Darby estimates of US unemployment in the 1930s
The graph below shows two different series for unemployment in the 1930s in the USA: the official BLS level by Lebergott; and a data series constructed famously by Michael Darby. Figure 1: US unemployment rate, 1929 – 40: Darby and Lebergott estimates Source: Robert Margot (1993). Darby includes workers in the emergency government labour force as employed – the most important being the Civil…
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