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The Savings of Ordinary Americans : The Philidelphia Saving Fund Society in the Mid-Nineteenth Century

Alter, George; Goldin, Claudia; Rotella, Elyce J. - 2008

We explore the savings behavior and saving rates of ordinary Americans through their accounts at the Philadelphia Saving Fund Society. the oldest mutual savings bank in the United States founded in 1816 to encourage thrift among the working poor. Our sample contains the 2.374 accounts opened in...

Persistent link: https://www.econbiz.de/10012774855

The Relative Productivity Hypothesis of Industrialization : The American Case, 1820-1850

Goldin, Claudia; Sokoloff, Kenneth L. - 2021

. Industrialization in the Northeast was substantially powered during these decades by female and child labor, who comprised about 45% of … hypothesis of early industrialization is that such development proceeds first in areas whose agriculture, for various reasons … develop seven propositions relating to the process of early industrialization. Data from two early censuses of manufactures …

Persistent link: https://www.econbiz.de/10013222325

Putting the Co in Education : Timing, Reasons, and Consequences of College Coeducation from 1835 to the Present

Goldin, Claudia; Katz, Lawrence F. - 2010

The history of coeducation in U.S. higher education is explored through an analysis of a database containing information on all institutions offering four-year undergraduate degrees that operated in 1897, 1924, 1934, or 1980, most of which still exist today. These data reveal surprises about the...

Persistent link: https://www.econbiz.de/10013139134

Wages, Prices, and Labor Markets Before the Civil War

Goldin, Claudia; Margo, Robert A. - 2021

Two opposing views of the antebellum economy are tested. One is that aggregate economic activity was severely diminished and that unemployment was substantial and prolonged during several downturns. The alternative interpretation is that antebellum fluctuations were more apparent than real;...

Persistent link: https://www.econbiz.de/10013236708

Cliometrics and the Nobel

Goldin, Claudia - 2021

In October 1993, the Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics to Robert William Fogel and Douglass Cecil North `for having renewed research in economic history.' The Academy noted that `they were pioneers in the branch of economic history that has been called the...

Persistent link: https://www.econbiz.de/10013213453

The Earnings Gap between Male and Female Workers : an Historical Perspective

Goldin, Claudia - 2021

Has economic progress increased the relative earnings of females to males over the long run? Evidence on trends in the earnings gap for the last four decades appears to run counter to this hypothesis. Numerous data sources are used in this paper to piece together a 170-year history of the...

Persistent link: https://www.econbiz.de/10013214612

The U-Shaped Female Labor Force Function in Economic Development and Economic History

Goldin, Claudia - 2021

The labor force participation rate of married women first declines and then rises as countries develop. Its þ-shape is revealed both across the process of economic development and through the histories of currently advanced countries. The initial decline in the participation rate is due to the...

Persistent link: https://www.econbiz.de/10013228246

The Origins of Technology-Skill Complementarity

Goldin, Claudia; Katz, Lawrence F. - 2010

Current concern with relationships among particular technologies, capital, and the wage structure motivates this study of the origins of technology-skill complementarity in manufacturing. We offer evidence of the existence of technology-skill and capital-skill (relative) complementarities from...

Persistent link: https://www.econbiz.de/10013134928

Long-Run Changes in the U.S. Wage Structure : Narrowing, Widening, Polarizing

Goldin, Claudia; Katz, Lawrence F. - 2010

The U.S. wage structure evolved across the last century: narrowing from 1910 to 1950, fairly stable in the 1950s and 1960s, widening rapidly during the 1980s, and quot;polarizingquot; since the late 1980s. We document the spectacular rise of U.S. wage inequality after 1980 and place recent...

Persistent link: https://www.econbiz.de/10012759725

The Race between Education and Technology : The Evolution of U.S. Educational Wage Differentials, 1890 to 2005

Goldin, Claudia; Katz, Lawrence F. - 2010

U.S. educational and occupational wage differentials were exceptionally high at the dawn of the twentieth century and then decreased in several stages over the next eight decades. But starting in the early 1980s the labor market premium to skill rose sharply and by 2005 the college wage premium...

Persistent link: https://www.econbiz.de/10012760301