Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/36774 
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dc.contributor.authorHart, Robert A.en
dc.contributor.authorRoberts, J. Elizabethen
dc.date.accessioned2010-06-04-
dc.date.accessioned2010-07-23T09:31:47Z-
dc.date.available2010-07-23T09:31:47Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/36774-
dc.description.abstractBased largely on industry-level aggregate statistics, the prevailing view, and one that has strongly influenced macroeconomic thought, is that real wages during the cycle containing the Great Depression are either acyclical or countercyclical. Does this finding hold-up when more micro data are employed? We examine this question based on detailed blue-collar workers' company payroll data for a large section of the British engineering and metal working industries. We distinguish between pieceworkers and timeworkers, with pieceworkers accounting for over half the workforce. For the period 1927 to 1937, the two pay groups are broken down into 14 occupations, and 48 travel-to-work geographical districts. We estimate wage and hours cyclicality in respect of the national unemployment rate as well as the district rates. Weekly hours and real weekly earnings are found to be strongly procyclical. Real hourly earnings of pieceworkers are also significantly procyclical. The roles of standard and overtime hours are crucial to these findings.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4977en
dc.subject.jelE32en
dc.subject.jelJ31en
dc.subject.jelJ33en
dc.subject.jelN64en
dc.subject.ddc330en
dc.subject.keywordReal wage cyclicalityen
dc.subject.keywordworking timeen
dc.subject.keywordpieceworken
dc.subject.keywordtimeworken
dc.subject.keywordthe Great Depressionen
dc.subject.stwReallohnen
dc.subject.stwArbeitszeiten
dc.subject.stwKonjunkturen
dc.subject.stwWirtschaftskriseen
dc.subject.stwWirtschaftsgeschichteen
dc.subject.stwGroßbritannienen
dc.titleReal wages, working time, and the great depression: What does micro evidence tell us?-
dc.type|aWorking Paperen
dc.identifier.ppn627402917en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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