Showing 1 - 10 of 21
In this paper, we compile a unique historical dataset that records strike activity in theBritish engineering industry from 1920 to 1970. These data have the advantage ofcontaining a fairly homogenous set of companies and workers, covering a long periodwith varying labour market conditions,...
Persistent link: https://www.econbiz.de/10009465834
Based on the methodology of Beaudry and DiNardo (1991), this paper investigates the relative importance of the spot market and implicit contracts in the determination of British real wages. Empirical work is carried out separately for males and females with individual-level data taken from the...
Persistent link: https://www.econbiz.de/10009475653
Using the British New Earnings Survey Panel Data for 1975-2001, the authors estimate the wage cyclicality (the degree to which wage levels rise and fall with economic upturns and downturns) of three groups: job stayers, within-company job movers, and between-company job movers. Wages of internal...
Persistent link: https://www.econbiz.de/10009475676
This paper offers a contract-based theory to explain the determination of standard hours,overtime hours and overtime premium pay. We expand on the wage contract literaturethat emphasises the role of firm-specific human capital and that explores problems ofcontract efficiency in the face of...
Persistent link: https://www.econbiz.de/10009465830
This paper makes use of the British New Earnings Survey Panel Dataset between1976 and 2010. Individual‐level pay and hours data are obtained from company payrolls andconsist of a random sample of 1% of the entire British male and female labor force. We findthat the real wages of both male and...
Persistent link: https://www.econbiz.de/10009465831
Based on firm‐level payroll data from around 2000 member firms of the BritishEngineering Employers’ Federation we examine the behavior of real hourly earnings over the1927‐1937 cycle that contained the Great Depression. The pay statistics are based on adultmale blue‐collar workers within...
Persistent link: https://www.econbiz.de/10009465852
We add to the literature on the long-term economic effects of male military service. We concentrate on post-war British conscription into the armed services from 1949 to 1960. It was called National Service and applied to males aged 18 to 26. Based on a regression discontinuity design we...
Persistent link: https://www.econbiz.de/10009465858
We have assembled two British data sets to re-examine the behaviour of real wages over the 1927-1937 cycle that contained the Great Depression. Both provide a degree of micro detail that greatly exceeds previous studies. The first consists of annual wages for 36 manufacturing industries. The...
Persistent link: https://www.econbiz.de/10009465859
On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...
Persistent link: https://www.econbiz.de/10009465890
This paper shows that wage-unemployment elasticities derived from estimated wage curves and Phillips curves may be critically dependent on the measurement of wages. Incorporating hourly wage earnings, that include the influence of overtime payments, can lead to seriously distorted results....
Persistent link: https://www.econbiz.de/10009465891