Author:
Alston Lee J.,Hatton T. J.
Abstract
We estimate the monthly and hourly earnings ratio between agricultural and manufacturing laborers, adjusting for compensation received in-kind and differences in the cost of living. Our results indicate that prior to the Great Depression, agricultural compensation was similar to that in manufacturing within geographic regions, and a substantial earnings gap in favor of manufacturing emerged in the early thirties.
Publisher
Cambridge University Press (CUP)
Subject
Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics,History
Reference37 articles.
1. The end of one big deflation
2. Socialism and Wages in the Recovery from the Great Depression in the United States and Germany;Temin;JOURNAL,1990
Cited by
26 articles.
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