Migration and business cycles

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Monograph

Identifikator:: 1736236210

URN:: urn:nbn:de:zbw-retromon-111544

Document type:: Monograph

Author:: Jerome, Harry

Title:: Migration and business cycles

Place of publication:: New York

Publisher:: National Bureau of Economic Research

Year of publication:: 1926

Scope:: 256 S.

Digitisation:: 2020

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter V. The pre-war quarter century : 1890-1914

Collection:: Economics Books

THE PRE-WAR QUARTER CENTURY 1 chart unemployment is inverted, that is to say, a decrease in un- employment is represented by a bar above the line; whereas an excess of arrivals is plotted above the line, an excess of departures, below. Hence, if an increase in unemployment is accompanied by an excess of departures, the two sets of bars will be found on the same side of the zero line, if by an excess of arrivals, on opposite sides. For example, in the three months ending in March, 1911, CHART 22 NET ARRIVALS OF ALIEN MALES CoMPARED WITH CHANGES IN THE NuMBER UNEMPLOYED IN NON-AGRICULTURAL OCCUPATIONS: 1911-1912 DEPRESSION FOR hig ly ba INCLUDING CUMULATIVE ThRousn Rs mp 0 - ————— ee” — (000,000 #902000 TI gi= Above Fig.B jo , decreu:. Zero number line= inemple ncrease 20 in net 500,000 ZTVGLS Arrivals less departures : decrease of alien males : - nelplovm Cv y Below zero /ine= : decrease S R-500,0001 Increase in net 500,000 2 in number arrivals unemployed rare ba /n 41 ; -,000000] unem- ncrease in -/000000 ployme umber unemployed 500.000 TF RAFI AGO Wo A TF FARE FIFRA ASG] «.. . IHISTTTAf500000 “1911 1912 ’ 1911 : isl sNumerical data in Table 27. the net immigration of alien males was about 60,000, but in the same period unemployment increased by about 1,100,000 and hence 1s represented by a bar projecting below the zero line. In nine of the eleven three-month periods in which there is shown a decrease in‘the number unemployed, there was a net excess of arrivals over departures; in four of the seven periods in which un- employment increased, there was a net excess of departures over arrivals. To this extent the direction of the net movement in Immigration may be considered as responsive to changes in em- ployment conditions. But only in the period ending in J uly, 1912, are the numbers of net arrivals substantially equal to the net change XY?

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