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Social and Behavioral Sciences Commons

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Econometrics

Theses and Dissertations

2019

Endogeneity

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Full-Text Articles in Social and Behavioral Sciences

The Effect Of Per Capita Relief Spending On County Level Joblessness In The United States In 1937 & 1940, Mohammad S. Ahmed Feb 2019

The Effect Of Per Capita Relief Spending On County Level Joblessness In The United States In 1937 & 1940, Mohammad S. Ahmed

Theses and Dissertations

This paper uses the 1937 and 1940 county level census data to estimate what effect did additional per capita relief spending have on joblessness in the United States in 1937 and 1940. To account for endogeneity in relief spending and its unequal/non-random distribution, an instrumental variables approach is used. The results show that additional per capita relief spending lowered joblessness in the United States in both years: 1937 and 1940.