Unreal wages? A new empirical foundation for the study of living standards and economic growth in England, 1260-1860
Existing measures of historical real wages suffer from the fundamental problem that workers' annual incomes are estimated on the basis of day wages without knowing the length of the working year. We circumvent this problem by presenting a novel wage series of male workers employed on annual con...
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Format: | Working paper |
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University of Oxford
2016
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