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Wages and Labor Markets in the United States, 1820-1860
Research by economists and economic historians has greatly expanded our knowledge of labor markets and real wages in the United States since the Civil War, but the period from 1820 to 1860 has been far less studied. Robert Margo fills this gap by collecting and analyzing the payroll records of civilians hired by the United States Army and the 1850 and 1860 manuscript federal Censuses of Social Statistics. New wage series are constructed for three occupational groups—common laborers, artisans, and white-collar workers—in each of the four major census regions—Northeast, Midwest, South Atlantic, and South Central—over the period 1820 to 1860, and also for California between 1847 and 1860. Margo uses these data, along with previously collected evidence on prices, to explore a variety of issues central to antebellum economic development. This volume makes a significant contribution to economic history by presenting a vast amount of previously unexamined data to advance the understanding of the history of wages and labor markets in the antebellum economy.
Women's Work?
American schoolteaching is one of few occupations to have undergone a thorough gender shift yet previous explanations have neglected a key feature of the transition: its regional character. By the early 1800s, far higher proportions of women were teaching in the Northeast than in the South, and this regional difference was reproduced as settlers moved West before the Civil War. What explains the creation of these divergent regional arrangements in the East, their recreation in the West, and their eventual disappearance by the next century? In Women's Work the authors blend newly available quantitative evidence with historical narrative to show that distinctive regional school structures and related cultural patterns account for the initial regional difference, while a growing recognition that women could handle the work after they temporarily replaced men during the Civil War helps explain this widespread shift to female teachers later in the century. Yet despite this shift, a significant gender gap in pay and positions remained. This book offers an original and thought-provoking account of a remarkable historical transition.
Human Capital in History
This volume honours the contributions Claudia Goldin has made to scholarship and teaching in economic history and labour economics. The chapters address some closely integrated issues: the role of human capital in the long-term development of the American economy, trends in fertility and marriage, and women's participation in economic change.
Race and Schooling in the South, 1880-1950
Robert A. Margo mines a wealth of newly available census data and school district records to explore the experience of blacks in the American economy. Identifying the links between educational expenditures, racial discrimination, and occupational mobility, he clarifies the costs of segregation.
Enterprising America
Papers of the conference "Enterprising America: businesses, banks, and credit markets in historical perspective", held at Vanderbilt University, Nashville TN, on December 14, 2013.
Race and Schooling in the South, 1880-1950
The interrelation among race, schooling, and labor market opportunities of American blacks can help us make sense of the relatively poor economic status of blacks in contemporary society. The role of these factors in slavery and the economic consequences for blacks has received much attention, but the post-slave experience of blacks in the American economy has been less studied. To deepen our understanding of that experience, Robert A. Margo mines a wealth of newly available census data and school district records. By analyzing evidence concerning occupational discrimination, educational expenditures, taxation, and teachers' salaries, he clarifies the costs for blacks of post-slave segregati...
Explaining Black-white Wage Convergence, 1940-1950
The "Great Compression" of the 1940s produced a substantial narrowing in wage differentials in the United States. This paper examines the role of the Great Compression in fostering black-white wage convergence in the 1940s. Using data from the 1940 and 1950 census public use samples, I show that between half and two-thirds of black white wage convergence at the sample means can be attributed to shifts in wage structure associated with the Great Compression. I also demonstrate that, by (temporarily) boosting the incomes of black parents. the Great Compression led to greater increases in schooling levels among black teens between 1940 and 1950 than would have occurred otherwise.
Institutions, Innovation, and Industrialization
This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in ninetee...
Government and the American Economy
The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.
The Microeconomics of Depression Unemployment
Microeconomic evidence reveals that the incidence and duration of unemployment in the 1930s varied significantly within the labor force. Long-term unemployment, which was especially high by historical standards, may have been exacerbated by federal relief policies.
