Construct · 1 fields · 1 citations

cartelization hypothesis: a standalone construct

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Economic history

the argument that New Deal industrial and labor policies raised prices and wages above market levels and slowed recovery.

In economic history, cartelization hypothesis refers to the argument that New Deal industrial and labor policies raised prices and wages above market levels and slowed recovery. This meaning comes from Cole (2004) in Journal of Political Economy.[1]

Unit
Recovery means
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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs hypothesis2 fields · 2 citationsjingle · one word, two constructs labor4 fields · 4 citationsjingle · one word, four constructs

References

Cole, H. L., & Ohanian, L. E. (2004). New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis. Journal of Political Economy, 112(4), 779-816. https://doi.org/10.1086/421169

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