Labour Market Evolution: The Economic History of Market Integration, Wage Flexibility, and the Employment Relation

Synopsis

How have modern labour markets developed? Both labour economists and economic historians agree that it is necessary to look at labour markets in their historical context. Labour Market Evolutiondoes just this.
The contributors examine the operation and development of labour markets in Western Europe and North America since 1500. They address the key questions in this complicated process using new quantitative evidence. First, how closely connected were geographically distant labour markets? Second, how flexible were markets in the past - did wages change in response to demand shocks? Did workers move across space and occupations in response to cyclical or seasonal conditions. Third, were relationships between employees and employers short-term or long-term? Why did relationships change, and what were the implications for the flexibility and integration of markets? In examining these factors, this volume draws on modern labour economic theory and up-to-date quantitative techniques to show how current traditions and systems have evolved.

Additional information

Includes content by:
  • George Grantham
  • David A. Green
  • Jan De Vries
  • Gilles Postel-Vinay
  • George R. Boyer
Publisher: Place of publication:
  • New York
Publication year:
  • 1994

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.