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How Merchant Towns Shaped Parliaments : From the Norman Conquest of England to the Great Reform Act

Angelucci, Charles - 2017

We study the emergence of urban self-governance during the Commercial Revolution in the 12th- 13th century and show that municipal autonomy shaped national institutions over the subsequent centuries. We focus on England after the Norman Conquest of 1066 and build a novel comprehensive dataset of...

Persistent link: https://www.econbiz.de/10012951352

The Profitabality of Colonialism

Iyigun, Murat; Grossman, Herschel I. - 2021

This paper develops an analytical framework for studying colonial investment from the perspective of neoclassical political economy. The distinguishing feature of colonial investment in this model is that the metropolitan government restricts the amount of investment in the colony in order to...

Persistent link: https://www.econbiz.de/10013249366

Wages, Prices, and Labor Markets Before the Civil War

Goldin, Claudia; Margo, Robert A. - 2021

antebellum fluctuations were more apparent than real; nominal wages, not labor quantities, did most of the adjusting. We analyze … data on real wages for laborers, artisans, and clerks across four regions (Northeast, North Central, South Atlantic, and … South Central) during 1821 to 1856. Various time-series econometric methods reveal that shocks to real wages persisted even …

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

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 Evolution of Income Concentration in Japan, 1886-2002 : Evidence from Income Tax Statistics

Moriguchi, Chiaki - 2013

This paper studies the evolution of income concentration in Japan from 1886 to 2002 by constructing long-run series of top income shares and top wage income shares, using income tax statistics. We find that (1) income concentration was extremely high throughout the pre-WWII period during which...

Persistent link: https://www.econbiz.de/10012754115

Employment, Wages, and Unionism in a Model of the Aggregate Labor Market in Britain

Pencavel, John H. - 2010

-defined negative causal relationship from wages to employment with the features of a conventional labor demand function. Using …

Persistent link: https://www.econbiz.de/10012760182

Do Large Modern Retailers Pay Premium Wages?

Cardiff-Hicks, Brianna - 2014

manufacturing jobs have shrunk in number. In this paper, we characterize the wages that have accompanied the growth in retail. We …

Persistent link: https://www.econbiz.de/10013050292

Paycheck Receipt and the Timing of Consumption

Stephens, Melvin - 2021

This paper examines the consumption response to monthly paycheck receipt. Since the amount and arrival date of paychecks are known in advance, the receipt of a paycheck does not coincide with the receipt of new information. Under the basic rational expectations Life-Cycle/Permanent Income...

Persistent link: https://www.econbiz.de/10013218300

Wage and Employment Determinants Under Trade Unionism : The Internationaltypographical Union

Dertouzos, J.N; Pencavel, John H. - 2021

literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …

Persistent link: https://www.econbiz.de/10013218427

Optimal Wage Re-Negotiation

Aizenman, Joshua - 2021

This paper investigates an economy in which there are short-term wage contracts that are re-negotiated under certain conditions. This paper determines the optimal frequency of wage re-negotiation and shows that it depends positively on measures of aggregate variability and Phillips curve slope....

Persistent link: https://www.econbiz.de/10013221119

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