Economics Department Working Paper Series
Working Paper Number
2012-03
Publication Date
2012
Abstract
This paper presents some estimates of the stock of the reserve army of labour, and flows into and out of the reserve army of labour for the postwar U.S. economy. Estimates of stocks are presented for the period 1948–2011 at a monthly frequency; 6 month moving average estimates of flows into and out of the reserve army of labour are presented for the period 1990–2011. Some interesting patterns in the stock and flow data are pointed out, and it is suggested that this data base on the active and reserve army of labour can be used for empirical analysis of the labour market from a Marxian theoretical perspective.
DOI
https://doi.org/10.7275/3317897
Recommended Citation
Basu, Deepankar, "The Reserve Army of Labour in the Postwar U.S. Economy: Some Stock and Flow Estimates" (2012). Economics Department Working Paper Series. 143.
https://doi.org/10.7275/3317897