Pessimism Preserved: Real Wages in the British Industrial Revolution.
The paper compares Feinstein’s and Clark’s consumer price and real wage indices for the British industrial revolution. The sources for their weights and component price series are evaluated. While some of Clark’s innovations are improvements, many of his changes degrade the price index. A new price...
| Main Author: | |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
Department of Economics (University of Oxford)
2007
|