Two Centuries of Compensation for U.S. Production Workers in Manufacturing [Hardcover]

Production workers continue to be an important group in the economy. Two Centuries of Compensation for U.S. Production Workers in Manufacturing is the first long-run annual series of average hourly compensation for U.S. production workers in manufacturing. Officer reviews both data sources and existing literature on related historical series as well as using current official statistics. The new series provides original insights into the standard of living of these workers.Production workers continue to be an important group in the economy. Two Centuries of Compensation for U.S. Production Workers in Manufacturing is the first long-run annual series of average hourly compensation for U.S. production workers in manufacturing. Officer reviews both data sources and existing literature on related historical series as well as using current official statistics. The new series provides original insights into the standard of living of these workers.List of Abbreviations and Symbols * List of Tables * List of Figures * Preface * Chapter 1. Methodology * Chapter 2. Data Sources * Chapter 3. Existing Earnings and Wage Series * Chapter 4. Plan for Construction of New Series * Chapter 5. Average Hourly Earnings * Chapter 6. Average Hourly Benefits * Chapter 7. Nominal Compensation, Real Compensation, and Standard of Living * Appendix: Feeder Series * References * Index of Names * Index of Subjects

Highly valuable to scholars interested in quantitative economic history . . ..An intellectual triumph. - Robert E. Hall, Robert and Carole McNeil Joint Senior Fellow, Hoover Institution and Professor of Economics, Stanford University

Lawrence H. Officer is Professor of Economics at University of Illinois at Chicago.