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Real Wages in Manufacturing, 1890-1914
By (Author) Albert Rees
Princeton University Press
Princeton University Press
28th June 2016
United States
Tertiary Education
Non Fiction
Economic history
Economic theory and philosophy
331.2973
Hardback
180
Width 152mm, Height 235mm
425g
Previous wage studies of the period before World War I found that real wages remained stable from 1890 to 1914 despite the continued growth of the economy. This study indicates that this conclusion was based on faulty statistics. Using new estimates of money wages and a new cost-of-living index, Mr. Rees shows that real wages rose considerably in t