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The Relative Movements of Real and Money Wage Rates

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  • Richard Ruggles

Abstract

Purpose of the article, 130. — I. Dunlop's analysis of English data, 130. — Criticisms: movements of real wage rates in periods of rising money wages not very different from those in other periods, 132; rise in real wage rates due in some instances to a fall in the cost of living, 132. — Tarshis' analysis of data for the United States, 135. — His use of coefficient of association open to question, 135. — Other objections, 135. — Richardson's analysis of the English data involves analogous difficulties, 136. — II. Re-analysis of the English data, 137; of the American data, 143. — III. The concept of real wage rates used in these studies is of doubtful validity, 146. — Money wages and welfare, 148. — Conclusions, 149.

Suggested Citation

  • Richard Ruggles, 1940. "The Relative Movements of Real and Money Wage Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 55(1), pages 130-149.
    • Handle: RePEc:oup:qjecon:v:55:y:1940:i:1:p:130-149.
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    Cited by:

    1. Moosa, I. A., 1998. "The cyclical behavior of real wages: evidence from post-war Japanese data," Japan and the World Economy, Elsevier, vol. 10(1), pages 85-90, January.
    2. Salman Ahmad, 2004. "The Standard of Living in Pakistan --- Better or Worse?," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 9(2), pages 135-140, Jul-Dec.

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