The rise and fall of piecework-timework wage differentials: market volatility, labor heterogeneity, and output pricing
Based on detailed payroll data of blue collar male and female labor in Britain's engineering and metal working industrial sectors between the mid-1920s and mid-1960s, we provide empirical evidence in respect of several central themes in the piecework-timework wage literature. The period covers part of the heyday of pieceworking as well as the start of its post-war decline. We show the importance of relative piece rate flexibility during the Great Depression as well as during the build up to WWII and during the war itself. We account for the very significant decline in the differentials after the war. Labor market topics include piecework pay in respect of compensating differentials, labor heterogeneity, and the transaction costs of pricing piecework output.
|Date of creation:||Nov 2013|
|Contact details of provider:|| Postal: Division of Economics, University of Stirling, Stirling, Scotland FK9 4LA|
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Web page: http://www.econ.stir.ac.uk/
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- Lazear, Edward P, 1986. "Salaries and Piece Rates," The Journal of Business, University of Chicago Press, vol. 59(3), pages 405-431, July.
- Robert A. Hart & J. Elizabeth Roberts, 2013.
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- Charles Brown, 1990. "Firms' Choice of Method of Pay," ILR Review, Cornell University, ILR School, vol. 43(3), pages 165-1-182-, April.
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- Hart, Robert A., 2007. "Women doing men's work and women doing women's work: Female work and pay in British wartime engineering," Explorations in Economic History, Elsevier, vol. 44(1), pages 114-130, January.
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- repec:sae:ilrrev:v:43:y:1990:i:3:p:165-182 is not listed on IDEAS Full references (including those not matched with items on IDEAS)
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