Careers and wages in the dutch east india company

Claudia Rei ()

No 12-00007, Vanderbilt University Department of Economics Working Papers from Vanderbilt University Department of Economics

Abstract: In the sixteenth and seventeenth centuries, inter-continental trade brought with it a novel form of organizing business: the multinational firm. Headquartered in Europe and operating in Asia, the success of the East India Companies depended largely on the management of overseas outposts, as well as their labor force. Using a dataset of 115 workers hired in Europe to work in Asia, I present the internal structure of civil servants careers and wages in the Dutch East India Company in the eighteenth century. This early modern firm mimics well current theories of internal labor markets: there are stable career paths, fast tracks in promotions, and sizable returns to tenure.

Keywords: merchant empires; careers; returns to tenure (search for similar items in EconPapers)
JEL-codes: N0 (search for similar items in EconPapers)
Date: 2012-04-08
New Economics Papers: this item is included in nep-his and nep-hme
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Related works:
Journal Article: Careers and wages in the Dutch East India Company (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:van:wpaper:vuecon-12-00007

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