Aggregate Wage Earnings in Germany: 1810-1989. New Measurement and Cliometric Analysis of Shocks
Aggregate wage earnings are one of the key variables of the German economy. Paradoxically, it is also a little known variable, especially in the long term. Historians have never devoted a synthesis to the subject and, among all the economists who have centred their work on the study of economic growth, Walter Hoffmann (1965) is the only one to have addressed aggregate earnings over a long period. This article follows up his founding work and has two objectives. The first is to measure the movement of wages and wage earners over a long period and use this to make an original estimate of aggregate employment earnings in Germany from 1810 to 1989. Reconstituted sets of statistics are also used to put forward new hypotheses concerning the way is which wages, wage earners and aggregate employment earnings in Germany are linked to the socioeconomic development of the country in the nineteenth and twentieth centuries. It is also sought to detect the temporary and permanent shocks that have affected the German economy since the beginning of the nineteenth century. Our reflection is in two parts. The first defines the concept of wages, sets out the spatial scope and describes the methodological constraints. The second describes our cliometric results.
References listed on IDEAS
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- Ritschl Albrecht & Spoerer Mark, 1997. "Das Bruttosozialprodukt in Deutschland nach den amtlichen Volkseinkommens- und Sozialproduktsstatistiken 1901-1995," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 38(2), pages 27-54, December.
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- Claude Diebolt, 2007. "Advances in Historical Time Series Analysis," Historical Social Research (Section 'Cliometrics'), Association Française de Cliométrie (AFC), vol. 32(3), pages 319-324.
- Darne, Olivier & Diebolt, Claude, 2004. "Unit roots and infrequent large shocks: new international evidence on output," Journal of Monetary Economics, Elsevier, vol. 51(7), pages 1449-1465, October.
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