Industrial composition, methods of compensation, and real earnings in the Great Depression
In an extension of an earlier paper (Hart and Roberts, 2012), we investigate the pay and working time of blue-collar timeworkers and pieceworkers during the Great Depression within British engineering firms. We compare and contrast southern/midland engineering districts of Britain with northern districts. The south/midlands region was dominated by piece-rated workers and by modern sections of the industry, such as vehicle and aircraft manufacture. Time-rated work predominated in northern districts where older sections - for example, marine and textile engineering - were clustered. These contrasting industrial compositions and associated payment methods offer further insights into manufacturing real earnings responses to the Great Depression.
|Date of creation:||Feb 2013|
|Date of revision:|
|Contact details of provider:|| Postal: Division of Economics, University of Stirling, Stirling, Scotland FK9 4LA|
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- Hart, Robert A & Roberts, J Elizabeth, 2011.
"Real wage cyclicality and the Great Depression: evidence from British engineering and metal working firms,"
Stirling Economics Discussion Papers
2011-09, University of Stirling, Division of Economics.
- Robert A. Hart & J. Elizabeth Roberts, 2013. "Real wage cyclicality and the Great Depression: evidence from British engineering and metal working firms," Oxford Economic Papers, Oxford University Press, vol. 65(2), pages 197-218, April.
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"Piece work pay and hourly pay over the cycle,"
Elsevier, vol. 15(5), pages 1006-1022, October.
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"The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?,"
Econometric Society, vol. 77(5), pages 1339-1369, 09.
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- Christopher Pissarides, 2007. "The unemployment volatility puzzle: is wage stickiness the answer?," LSE Research Online Documents on Economics 4460, London School of Economics and Political Science, LSE Library.
- Christopher A. Pissarides, 2007. "The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?," CEP Discussion Papers dp0839, Centre for Economic Performance, LSE.
- Susan Helper & Morris M. Kleiner & Yingchun Wang, 2010. "Analyzing Compensation Methods in Manufacturing: Piece Rates, Time Rates, or Gain-Sharing?," NBER Working Papers 16540, National Bureau of Economic Research, Inc.
- Charles Brown, 1989. "Firms' Choice of Method of Pay," NBER Working Papers 3065, National Bureau of Economic Research, Inc.
- repec:sae:ilrrev:v:43:y:1990:i:3:p:165-182 is not listed on IDEAS
- Seiler, Eric, 1984. "Piece Rate vs. Time Rate: The Effect of Incentives on Earnings," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 363-76, August.
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