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http://hdl.handle.net/1893/888| Appears in Collections: | Economics Journal Articles |
| Peer Review Status: | Refereed |
| Title: | Wages, Productivity, and Work Intensity in the Great Depression |
| Author(s): | Darby, Julia Hart, Robert A |
| Contact Email: | r.a.hart@stir.ac.uk |
| Keywords: | Wages Productivity Work Intensity Great Depression Depressions 1929 Industrial productivity History Wages and labor productivity United States Economic policy To 1933 |
| Issue Date: | Jul-2008 |
| Date Deposited: | 5-Mar-2009 |
| Citation: | Darby J & Hart RA (2008) Wages, Productivity, and Work Intensity in the Great Depression. Southern Economic Journal, 75 (1), pp. 91-103. http://www.utc.edu/Outreach/SouthernEconomicAssociation/southern-economic-journal.html |
| Abstract: | We show that U.S. manufacturing wages during the Great Depression were importantly determined by forces on firms' intensive margins. Short-run changes in work intensity and the longer-term influence of potential productivity combined to influence real wage growth. By contrast, the external effects of unemployment and replacement rates had much less impact. Empirical work is undertaken against the background of a simple efficient bargaining model that embraces earnings, employment, hours of work and work intensity. |
| URL: | http://www.utc.edu/Outreach/SouthernEconomicAssociation/southern-economic-journal.html |
| Rights: | The publisher has granted permission for use of this article in this Repository. The article was first published in Southern Economic Journal by the Southern Economic Association. |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Final Revision 264.pdf | Fulltext - Accepted Version | 142.35 kB | Adobe PDF | View/Open |
| Final Revision 264.doc | Fulltext - Accepted Version | 263.5 kB | Unknown | View/Open |
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