IDEAS home Printed from
   My bibliography  Save this article

Precios y salarios en Madrid, 1680-1800


  • Enrique LLopis

    () (Universidad Complutense de Madrid, España)

  • Héctor García-Montero

    (Universidad Complutense de Madrid, España)


The essential aim of this article is to analyze the evolution of prices and real wages in Madrid between 1680 and 1800. The basic source for this research consists of the account books from different charity institutions. The main conclusions are: 1) after 1690, the cost of living in Madrid and in most European cities evolved in a similar way; 2) year on year price fluctuations were less steep in Madrid than in Palencia, Seville and Toledo; 3) in the second half of the 18th century, Madrid was one of Europe's cities where wages of unskilled workers fell more abruptly; 4) during the 18th century, skill premium remained in high levels in construction and increased notably in the services sector; and, 5) the wage gap between men and women decreased during the century owing, probably, to the relative increment in demand for female labour in the important sector of Madrid's domestic services. KEY Classification-JEL: N33, N63, N90, N93

Suggested Citation

  • Enrique LLopis & Héctor García-Montero, 2011. "Precios y salarios en Madrid, 1680-1800," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 7(02), pages 295-309.
  • Handle: RePEc:ahe:invest:v:7:y:2011:i:02:p:295-309

    Download full text from publisher

    File URL:
    Download Restriction: Online material can be downloaded freely, but a moving wall of three issues apply. The last three issues are only available for registered members of the Asociacion Espa–ola de Historia Economica.

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:eee:exehis:v:67:y:2018:i:c:p:105-133 is not listed on IDEAS

    More about this item


    Prices; Wages; 18th Century; Madrid; Spain; Europe;

    JEL classification:

    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913
    • N63 - Economic History - - Manufacturing and Construction - - - Europe: Pre-1913
    • N90 - Economic History - - Regional and Urban History - - - General, International, or Comparative
    • N93 - Economic History - - Regional and Urban History - - - Europe: Pre-1913


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahe:invest:v:7:y:2011:i:02:p:295-309. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (José Antonio Miranda). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.