Justman, Moshe; Beek, Karine van der - Melbourne Institute of Applied Economic and Social … - 2013
market forces of supply and demand. We regress apprenticeship premiums on journeymen’s wages, set-up costs, and a selection …We draw on quantitative and descriptive data from Robert Campbell’s widely cited manual for prospective apprentices …, The London Tradesman (1747), to demonstrate the responsiveness of apprenticeship in mid-eighteenth century London to …