The Effects of the Fair Labor Standards Act of 1938 on the Southern Seamless Hosiery and Lumber Industries
研究了1938年《公平劳动标准法》对南方无缝袜业和木材业的影响，发现两行业调整方式不同：袜业用资本替代劳动，木材业则因资源变化和政府购买避免就业下降，但许多企业仍违法支付低于最低工资。
The Fair Labor Standards Act of 1938 imposed a binding minimum wage on the southern seamless hosiery and lumber industries. However, the process of adjusting to the new minimum differed across the two industries. Seamless hosiery firms substituted capital for labor and converted or replaced old machinery. Southern lumber firms employed fewer workers relative to northern and western firms, however, changes in their resource base and war-related government purchases prevented an absolute decrease in employment levels. Numerous southern lumber firms continued to pay less than minimum rates by illegally evading the act or taking advantage of the intra-stage exemption.