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Economic historian Robert Allen observed that during the Industrial Revolution, the British working class experienced a period of stagnant real wages. This has led many historians to investigate changes in the diet of the working class during that time. While there has been a focus on the entire...
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Based 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...
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Sustained economic growth in England can be traced back to the early seventeenth century. That earlier growth, albeit modest, both generated and was sustained by a demographic regime that entailed relatively high wages, and by an increasing endowment of human capital in the form of a relatively...
Persistent link: https://www.econbiz.de/10010426561
Trends in living standards during the Industrial Revolution is a core debate in economic history. Studies using anthropometric records from institutional sources have found downward trends in living standards during the first half of the nineteenth century. This paper contributes to this...
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We analyze factors explaining the very different patterns of industrialization across the 42 counties of England … between 1760 and 1830. Against the widespread view that high wages and cheap coal drove industrialization, we find that … industrialization was restricted to low wage areas, while energy availability (coal or water) had little impact Instead we find that …
Persistent link: https://www.econbiz.de/10011373582