Wages, Productivity, and Work Intensity in the Great Depression

Arbeitspapier

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 goal of restoring full 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 an efficient bargaining model that embraces employment, hours of work and work intensity.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 543

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic History: Manufacturing and Construction: U.S.; Canada: 1913- ; Wage Level and Structure; Wage Differentials ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Thema: wages ; productivity ; work intensity ; Great Depression ; Lohn ; Arbeitsproduktivität ; Arbeitsintensität ; Lohnverhandlungstheorie ; Konjunktur ; Wirtschaftsgeschichte ; Schätzung ; Vereinigte Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Darby, Julia ; Hart, Robert A.
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/21385
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ