Careers and wages in the dutch east india company
AbstractIn the sixteenth and seventeenth centuries, inter-continental trade brought with it a novel form of organizing business: the multinational firm. Headquartered in Europe and operating in Asia, the success of the East India Companies depended largely on the management of overseas outposts, as well as their labor force. Using a dataset of 115 workers hired in Europe to work in Asia, I present the internal structure of civil servants careers and wages in the Dutch East India Company in the eighteenth century. This early modern firm mimics well current theories of internal labor markets: there are stable career paths, fast tracks in promotions, and sizable returns to tenure.
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Bibliographic InfoPaper provided by Vanderbilt University Department of Economics in its series Vanderbilt University Department of Economics Working Papers with number vuecon-12-00007.
Date of creation: 08 Dec 2012
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merchant empires; careers; returns to tenure;
Find related papers by JEL classification:
- N0 - Economic History - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-03 (All new papers)
- NEP-HIS-2013-02-03 (Business, Economic & Financial History)
- NEP-HME-2013-02-03 (Heterodox Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rei, Claudia, 2011. "Incentives in Merchant Empires: Portuguese and Dutch Labor Compensation," MPRA Paper 28712, University Library of Munich, Germany.
- Gibbons, Robert & Waldman, Michael, 1999. "Careers in organizations: Theory and evidence," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 36, pages 2373-2437 Elsevier.
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