Trends in real wages during the industrial revolution: a view from across the Irish Sea
Frank Geary and
Tom Stark
Economic History Review, 2004, vol. 57, issue 2, 362-395
Abstract:
This article calculates cost of living indices for Ireland between 1785 and 1870 and real wage indices for agricultural labourers, textile workers, and building workers. These indices show gains in real wages which are not consistent with current hypotheses about widespread pre‐Famine immiseration, though textile workers did experience a reduction in earning power. Before the Famine, wages proved sticky downwards in the face of falling prices; after the Famine, money wages rose faster than prices. A revised UK index suggests that real wages began their increase earlier, in the 1820s, and increased by around an additional 10 percentage points by 1870.
Date: 2004
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https://doi.org/10.1111/j.1468-0289.2004.00281.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ehsrev:v:57:y:2004:i:2:p:362-395
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