Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/335936 
Year of Publication: 
2025
Citation: 
[Journal:] Vierteljahrschrift für Sozial- und Wirtschaftsgeschichte (VSWG) [ISSN:] 2365-2136 [Volume:] 112 [Issue:] 3 [Year:] 2025 [Pages:] 294-334
Publisher: 
Franz Steiner Verlag, Stuttgart
Abstract (Translated): 
Despite being studied for decades, the debate on pre-modern standards of living and real wages is constantly being reevaluated and expanded. This article contributes to the debate by using new data and providing a novel perspective on existing data for the Austrian cities of Vienna, Salzburg and Rattenberg. First, we discuss the real wages of the three cases in comparison. Second, we propose a more nuanced approach when calculating real wages: Based on Robert Allen's work, we have constructed modified consumer baskets that are region-specific, change over time and include previously undervalued expenditures such as energy and housing. Finally, we place the new long-term real wage series for the Austrian cities in the context of European real wage data and the "Little Divergence" debate.
Subjects: 
standards of living
real wage
welfare ratio
consumer price index
Little Divergence
JEL: 
N01
N13
N33
N93
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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