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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2011

Political Economy

Unemployment

Articles 1 - 4 of 4

Full-Text Articles in Social and Behavioral Sciences

The Evolution Of Unemployment Relief In Great Britain, George R. Boyer Dec 2011

The Evolution Of Unemployment Relief In Great Britain, George R. Boyer

George R. Boyer

[Excerpt] Relatively little has been written about unemployment relief during the period between the passage of the Poor Law Amendment Act in 1834 and the adoption of national unemployment insurance in 1911. This study is an attempt to help fill the gap in the literature. It examines the changing roles played by poor relief, private charity, trade unions, and public employment in the lives of the urban unemployed during cyclical downturns from 1834 to 1911. The story that emerges offers no support for a "Whig theory of welfare." Public assistance for the unemployed was more generous, and more certain, from …


The Poor Law, Migration, And Economic Growth, George R. Boyer Dec 2011

The Poor Law, Migration, And Economic Growth, George R. Boyer

George R. Boyer

The loss to the English economy caused by decreased migration resulting from relief payments to agricultural laborers is estimated. I conclude that, at worst, the Poor Law had a small negative impact on national product. If poor relief and wages were substitutes, the Poor Law may have had a positive impact on capital formation and economic growth.


Unemployment And The Uk Labour Market Before, During And After The Golden Age, Timothy J. Hatton, George R. Boyer Dec 2011

Unemployment And The Uk Labour Market Before, During And After The Golden Age, Timothy J. Hatton, George R. Boyer

George R. Boyer

During the ‘golden age’ of the 1950s and 1960s unemployment in Britain averaged 2 per cent. This was far lower than ever before or since and a number of hypotheses have been put forward to account for this unique period in labour market history. But there has been little attempt to isolate precisely how the determinants of wage setting and unemployment differed before, during and after the golden age. We estimate a two-equation model over the whole period from 1872 to 1999 using a newly constructed set of long-run labour market data. We find that the structure of real wage …


New Estimates Of British Unemployment, 1870-1913, George R. Boyer, Timothy J. Hatton Dec 2011

New Estimates Of British Unemployment, 1870-1913, George R. Boyer, Timothy J. Hatton

George R. Boyer

We present new estimates of the British industrial unemployment rate for 1870- 1913, which improve on the Board of Trade's prior estimates. We use similar sources, but our series includes additional industrial sectors, allows for short-time working, and aggregates the various sectors using appropriate labor-force weights from the census. The resulting index suggests a rate of industrial unemployment that was generally higher, but less volatile, than the board's index. We then adjust our series to an economywide basis, and construct a consistent time series of overall unemployment for 1870-1999.