Abstract
Abstract This article attempts an essentially macro-economic look at the development of the Norwegian economy in the inter-war period. The main focus is on the macro-economic determinants of labour market developments, in particular the causes of the extensive unemployment that persisted in the inter-war period. The article relies partly on previous research undertaken by both economists and economic historians, but also breaks new ground both with respect to the quantification of unemployment and in advancing an (admittedly tentative) explanation of its causes.
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