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Real Wages and Unemployment in the 1930s: A Reply

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  • Beenstock, Michael

Abstract

In January 1984 the Bank of England Panel of Academic Consultants held a meeting to discuss the economic recovery in Britain in the early 1930s. The proceedings were published in Panel Paper no. 23. There were two main papers, one by David Worswick and the other by myself, Forrest Capie and Brian Griffiths (BCG). Our main contribution was to argue that the recession was largely triggered on the supply side rather than the demand side.

Suggested Citation

  • Beenstock, Michael, 1987. "Real Wages and Unemployment in the 1930s: A Reply," National Institute Economic Review, National Institute of Economic and Social Research, vol. 119, pages 76-78, February.
    • Handle: RePEc:cup:nierev:v:119:y:1987:i::p:76-78_7
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