Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Changes in Productivity and Wage Growth in Late Nineteenth Century Britain and the United States: A Bayesian Model for Change

Changes in Productivity and Wage Growth in Late Nineteenth Century Britain and the United States: A Bayesian Model for Change (Hardback)

To Order. Estimated despatch in 1-3 weeks.
Email me when back in stock


This work searches for the existence and timing of turning points in real wage and productivity growth in Britain and the United States during the late 19th-century, a time of technological advancement and stagnant real wage growth. A Bayesian econometric model identifies shifts in the economic conditions of both countries that contributed to the growth of organized labour and widespread labour unrest. This model directly estimates a break's location and significance-a far more rigorous approach than is usually taken, and one which eliminates the subjective visual identification of the break. There is a long-running debate over the existence of a downturn in British economic performance, and recent research focuses on the relationship between real wages and productivity. This study locates a decline in British real wage growth in the early 1890s, originating with a concurrent cost of living increase. The location of Britain's productivity decline coincides with that of the U.S. Yet American real wages stagnated a decade earlier than did British, due to the U.S. immigration wave of the 1880s.

A combination of higher prices (experienced by both countries in the early 1890s), and the immigration surge after 1900, further suppressed U.S. real wage growth.

More books by M.Lynette Spencer Smyth

Leave Review


Delivery Options

All delivery times quoted are the average, and cannot be guaranteed. These should be added to the availability message time, to determine when the goods will arrive. During checkout we will give you a cumulative estimated date for delivery.

Location 1st Book Each additional book Average Delivery Time
UK Second Class Available free for ALL orders. No charge for each additional book. 3-7 Days
UK First Class £4.50 £1.00 1-2 Days
UK Courier £7.00 £1.00 1-2 Days
Western Europe** Courier £17.00 £3.00 2-3 Days
Western Europe** Airmail £5.00 £1.50 4-14 Days
USA / Canada Courier £20.00 £3.00 2-4 Days
USA / Canada Airmail £7.00 £3.00 4-14 Days
Rest of World Courier £22.50 £3.00 3-6 Days
Rest of World Airmail £8.00 £3.00 7-21 Days

** Includes Austria, Belgium, Denmark, France, Germany, Greece, Iceland, Irish Republic, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and Switzerland.

Delivery Help & FAQs

Returns Information

If you are not completely satisfied with your purchase*, you may return it to us in its original condition with in 30 days of receiving your delivery or collection notification email for a refund. Except for damaged items or delivery issues the cost of return postage is borne by the buyer. Your statutory rights are not affected.

* For Exclusions and terms on damaged or delivery issues see Returns Help & FAQs

You might also like

This Ancient Road: London to ...
Andrew Hudson
Nincompoopolis: The Follies of Boris...
Douglas Murphy
Latest Blog
The Wild West With Emojis

Below, exclusively for Foyles, Sophie reflects on the impact of social media and how it has made the world less safe for teenagers.

#FoylesFive: Pre-Orders

We all know a good book is worth the wait. But the waiting is also really hard when you’re dying to read that hotly anticipated thriller or the latest volume of a great series. Here at Foyles we’ve got you covered.

ZED Books: The role of the independent publisher in a content-obsessed world

Indie publisher ZED Books have a radical approach to their books and their company structure. Here, they talk to us about the role independent publishers can play in a world of ever expanding (and less than reliable) information sources.

View all Blog Entries
Show/Hide Tweets
© W&G Foyle Ltd