WAS THE COLLAPSE OF BRITISH INDUSTRY AFTER THE WORLD WAR INEVITABLE? STRUCTURAL AND MACRO ECONOMIC EXPLANATIONS OF INTERWAR UNEMPLOYMENT

In this paper we examine the importance of supply and demand shocks after the First World War at both the macroeconomic level and also in the key staple industries of pig iron and cotton textiles. As well as reconciling macroeconomic and structural explanations of interwar unemployment, this provides a much needed focus on the years immediately after the First World War, which despite Dowie's (1975) plea, have remained almost completely neglected.


Issue Date:
Feb 02 1988
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/268253
Language:
English
Total Pages:
46




 Record created 2018-02-13, last modified 2018-02-13

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