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TRENDS IN REAL WAGES IN BRITAIN, 1750-1913

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UNSPECIFIED (1994) TRENDS IN REAL WAGES IN BRITAIN, 1750-1913. EXPLORATIONS IN ECONOMIC HISTORY, 31 (2). pp. 176-194. ISSN 0014-4983

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Abstract

Applying modern econometric techniques to the estimation of trends in British real wages, we find: (1) the trend rate of growth was zero for the period 1750-1813, but then rose to 1.2% per year for 1813-1913; and (2) there was a sharp check to real wages at the beginning of the 20th century, due in equal parts to slower productivity growth and to changes in relative prices. (C) 1994 Academic Press, Inc.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences
Journal or Publication Title: EXPLORATIONS IN ECONOMIC HISTORY
Publisher: ACADEMIC PRESS INC JNL-COMP SUBSCRIPTIONS
ISSN: 0014-4983
Date: April 1994
Volume: 31
Number: 2
Number of Pages: 19
Page Range: pp. 176-194
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/20720

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