What Was New About the New Deal?

Working Paper: NBER ID: w18271

Authors: Price V. Fishback; John Joseph Wallis

Abstract: During the presidential election of 1932 Franklin Roosevelt promised a New Deal for the American people. Our goal is to describe the changes wrought by the New Deal. To what extent did the New Deal expand existing programs? What new programs were created at all levels of government? How did the Federal government take over programs that had previously been the responsibility of state and local governments? We then survey the recent research that examines the impact of the programs. Finally, why did some programs persist and others fail?

Keywords: No keywords provided

JEL Codes: H11; H7; N12; N42; N9


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
Federal funding (I22)State expenditures on relief and welfare programs (H53)
Relief spending (H84)Reductions in infant mortality (I14)
Relief spending (H84)Reductions in property crime (K42)
Expansion of benefits under Old Age Assistance (H55)Larger share of elderly women living independently (J14)
Relief jobs (J68)Private employment levels (J23)
Public works and relief spending (H54)Retail sales (L81)
Public works and relief spending (H54)Migration patterns (F22)

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