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Assembled by Angus Maddison, the most widely consulted data set on worktime in the long nineteenth century is seriously flawed, because it assumes all countries had British work hours. This paper constructs new measures of worktime in Europe, North America and Australia between 1870 and 1900....
Persistent link: https://www.econbiz.de/10005100628
This paper asks whether the trend toward convergence in late nineteenth century Europe depends on the welfare measure used. We construct a Worker Development Index (WDI) composed of Williamson's real wage estimates, and new series of work hours and labor market regulations. Compared to...
Persistent link: https://www.econbiz.de/10005100909
Transactions on online markets require a great deal of trust among anonymous trading partners. To mitigate some of the risks involved in anonymous transactions, several online market sites have implemented reputation management mechanisms that differ in structure and probably functionality. In a...
Persistent link: https://www.econbiz.de/10005100984