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Real wages once more: a response to Judy Stephenson

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  • Robert C. Allen

Abstract

This article examines Judy Stephenson's claim that institutional wage series such as those of Greenwich Hospital overstate the earnings of building workers by 20 to 30 per cent, and it is argued here that the conclusion is unpersuasive. Whatever adjustments to existing wage series are necessary in view of her new evidence would have no significant implications for real wages in England compared to the rest of the world. Consequently, Stephenson's findings do not call into question the high wage explanation for the industrial revolution.

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  • Robert C. Allen, 2019. "Real wages once more: a response to Judy Stephenson," Economic History Review, Economic History Society, vol. 72(2), pages 738-754, May.
    • Handle: RePEc:bla:ehsrev:v:72:y:2019:i:2:p:738-754
    DOI: 10.1111/ehr.12663
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    2. Rota, Mauro & Weisdorf, Jacob, 2019. "Expensive Labour and the Industrial Revolution: Evidence from Stable Employment in Rural Areas," CAGE Online Working Paper Series 442, Competitive Advantage in the Global Economy (CAGE).
    3. Emmanuel Bovari & Victor Court, 2019. "Energy, knowledge, and demo-economic development in the long run: a unified growth model," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01698755, HAL.
    4. Philip T. Hoffman, 2020. "The Great Divergence: Why Britain Industrialised First," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 60(2), pages 126-147, July.
    5. Pim de Zwart & Jan Lucassen, 2020. "Poverty or prosperity in northern India? New evidence on real wages, 1590s–1870s," Economic History Review, Economic History Society, vol. 73(3), pages 644-667, August.
    6. Nicholas Crafts, 2021. "Understanding productivity growth in the industrial revolution," Economic History Review, Economic History Society, vol. 74(2), pages 309-338, May.
    7. Weisdorf, Jacob & Rota, Mauro, 2020. "Italy and the Industrial Revolution: Evidence from Stable Employment in Rural Areas," CEPR Discussion Papers 14652, C.E.P.R. Discussion Papers.
    8. Mario García‐Zúñiga & Ernesto LóPEZ LOSA, 2021. "Skills and human capital in eighteenth‐century Spain: wages and working lives in the construction of the Royal Palace of Madrid (1737–1805)†," Economic History Review, Economic History Society, vol. 74(3), pages 691-720, August.

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