Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/324357 
Year of Publication: 
2025
Series/Report no.: 
IZA Discussion Papers No. 17959
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Based on payroll data of blue-collar male workers in the UK's engineering and metal working industries between the mid-1920s and mid-1960s, this paper investigates piecework-timework pay differentials through time. The period covers several pre-Depression years, the Great Depression, the run up to WW2, the war itself, and the post war period. A major widening of the differentials occurred during the late 1920s and during the run-up to and the expansion of WW2 activities. In contrast, the Depression and the post-war years witnessed considerable narrowing of the differentials. Associated labour market topics include pieceworkers' compensating pay differentials and the transaction costs of pricing piecework output. The surge in women's employment in engineering and metal working in the early war years is shown to have contributed to changes in the male differentials.
Subjects: 
output fluctuations
timework pay differentials
piecework
piecework pricing.
JEL: 
J31
J33
N64
Document Type: 
Working Paper

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