We show that U.S. manufacturing wages during the Great Depression were importantly determined by forces on firms' intensive margins. Short-run changes in work intensity and the longer-term goal of restoring full potential productivity combined to influence real wage growth. By contrast, the external effects of unemployment and replacement rates had much less impact. Empirical work is undertaken against the background of an efficient bargaining model that embraces employment, hours of work and work intensity
How sticky were wages during the Great Depression? Although classic accounts emphasize the importanc...
The Great Depression is to economics what the Big Bang is to physics. Asan event, the Depression is ...
This book contributes to our understanding of the Great Depression\u27s immediate and long-term impa...
We show that U.S. manufacturing wages during the Great Depression were importantly determined by for...
This article compares UK labour productivity during the Great Depression (GD) and the Great Recessio...
On their intensive margins, firms in the British engineering industry adjusted to the severe falls i...
In an extension of an earlier paper (Hart and Roberts, 2012), we investigate the pay and working tim...
Technology shocks and declining productivity have been advanced as important factors driving the Gre...
How sticky were wages during the Great Depression? Although classic accounts emphasize the importanc...
We attempt to explain the severe 1920-21 recession, the roaring 1920s boom, and the slide into the G...
We document sectoral differences in changes in output, hours worked, prices, and nominal wages in th...
The sudden rise in labor's share of income during the U.S. Great Depression of 1929-1933 is examined...
Manufacturing contributed almost all—83 percent—of the growth of total factor productivity in the U....
Most treatments of the Great Depression have focused on its onset and its aftermath. In contrast, we...
The manufacturing productivity gap between the U.S. and the U.K. became much larger during the inter...
How sticky were wages during the Great Depression? Although classic accounts emphasize the importanc...
The Great Depression is to economics what the Big Bang is to physics. Asan event, the Depression is ...
This book contributes to our understanding of the Great Depression\u27s immediate and long-term impa...
We show that U.S. manufacturing wages during the Great Depression were importantly determined by for...
This article compares UK labour productivity during the Great Depression (GD) and the Great Recessio...
On their intensive margins, firms in the British engineering industry adjusted to the severe falls i...
In an extension of an earlier paper (Hart and Roberts, 2012), we investigate the pay and working tim...
Technology shocks and declining productivity have been advanced as important factors driving the Gre...
How sticky were wages during the Great Depression? Although classic accounts emphasize the importanc...
We attempt to explain the severe 1920-21 recession, the roaring 1920s boom, and the slide into the G...
We document sectoral differences in changes in output, hours worked, prices, and nominal wages in th...
The sudden rise in labor's share of income during the U.S. Great Depression of 1929-1933 is examined...
Manufacturing contributed almost all—83 percent—of the growth of total factor productivity in the U....
Most treatments of the Great Depression have focused on its onset and its aftermath. In contrast, we...
The manufacturing productivity gap between the U.S. and the U.K. became much larger during the inter...
How sticky were wages during the Great Depression? Although classic accounts emphasize the importanc...
The Great Depression is to economics what the Big Bang is to physics. Asan event, the Depression is ...
This book contributes to our understanding of the Great Depression\u27s immediate and long-term impa...