Rising wage dispersion across American manufacturing establishments: 1850 - 1880
We use data from the manuscript censuses of manufacturing for 1850, 1860, 1870, and 1880 to study the dispersion of average monthly wages across establishments. We find a marked increased in wage inequality over the period, an increase that cannot be explained by biases in the data or changes in cen...
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Hauptverfasser: | , , |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
NBER
2000
|
Schriftenreihe: | NBER working paper series
7932 |
Schlagworte: | |
Online-Zugang: | kostenfrei |
Zusammenfassung: | We use data from the manuscript censuses of manufacturing for 1850, 1860, 1870, and 1880 to study the dispersion of average monthly wages across establishments. We find a marked increased in wage inequality over the period, an increase that cannot be explained by biases in the data or changes in census enumeration procedures. Based on log wage regressions on establishment characteristics we compute a decomposition of the change in wage inequality between 1850 and 1880. The decomposition reveals that changes in wage structure' the regression coefficients and the standard error of the residuals largely offset each: changes in the coefficients produced a reduction in wage inequality, while residual inequality increased. Most of the rise in wage inequality can be attributed to an increased concentration of employment in large establishments, which paid relatively low wages. We present indirect evidence that the negative effect of size on wages reflected differences in skill composition: workforces in large establishments were less skilled than in small establishments. |
Beschreibung: | 40 S. 22 cm |
Internformat
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spelling | Atack, Jeremy 1949- Verfasser (DE-588)128750049 aut Rising wage dispersion across American manufacturing establishments 1850 - 1880 Jeremy Atack ; Fred Bateman ; Robert A. Margo Cambridge, Mass. NBER 2000 40 S. 22 cm txt rdacontent n rdamedia nc rdacarrier NBER working paper series 7932 We use data from the manuscript censuses of manufacturing for 1850, 1860, 1870, and 1880 to study the dispersion of average monthly wages across establishments. We find a marked increased in wage inequality over the period, an increase that cannot be explained by biases in the data or changes in census enumeration procedures. Based on log wage regressions on establishment characteristics we compute a decomposition of the change in wage inequality between 1850 and 1880. The decomposition reveals that changes in wage structure' the regression coefficients and the standard error of the residuals largely offset each: changes in the coefficients produced a reduction in wage inequality, while residual inequality increased. Most of the rise in wage inequality can be attributed to an increased concentration of employment in large establishments, which paid relatively low wages. We present indirect evidence that the negative effect of size on wages reflected differences in skill composition: workforces in large establishments were less skilled than in small establishments. Geschichte 1800-1900 Geschichte Income distribution United States History 19th century USA Bateman, Fred 1937- Verfasser (DE-588)128750073 aut Margo, Robert A. 1954- Verfasser (DE-588)124082378 aut Erscheint auch als Online-Ausgabe NBER working paper series 7932 (DE-604)BV002801238 7932 http://papers.nber.org/papers/w7932.pdf kostenfrei Volltext |
spellingShingle | Atack, Jeremy 1949- Bateman, Fred 1937- Margo, Robert A. 1954- Rising wage dispersion across American manufacturing establishments 1850 - 1880 NBER working paper series Geschichte Income distribution United States History 19th century |
title | Rising wage dispersion across American manufacturing establishments 1850 - 1880 |
title_auth | Rising wage dispersion across American manufacturing establishments 1850 - 1880 |
title_exact_search | Rising wage dispersion across American manufacturing establishments 1850 - 1880 |
title_exact_search_txtP | Rising wage dispersion across American manufacturing establishments 1850 - 1880 |
title_full | Rising wage dispersion across American manufacturing establishments 1850 - 1880 Jeremy Atack ; Fred Bateman ; Robert A. Margo |
title_fullStr | Rising wage dispersion across American manufacturing establishments 1850 - 1880 Jeremy Atack ; Fred Bateman ; Robert A. Margo |
title_full_unstemmed | Rising wage dispersion across American manufacturing establishments 1850 - 1880 Jeremy Atack ; Fred Bateman ; Robert A. Margo |
title_short | Rising wage dispersion across American manufacturing establishments |
title_sort | rising wage dispersion across american manufacturing establishments 1850 1880 |
title_sub | 1850 - 1880 |
topic | Geschichte Income distribution United States History 19th century |
topic_facet | Geschichte Income distribution United States History 19th century USA |
url | http://papers.nber.org/papers/w7932.pdf |
volume_link | (DE-604)BV002801238 |
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