Real wages once more: a response to Judy Stephenson
本文反驳了斯蒂芬森关于机构工资序列高估建筑工人收入20%-30%的观点,认为其结论不具说服力,且不影响英国实际工资的国际比较,因此不挑战工业革命的高工资解释。
Abstract This article examines Judy Stephenson's claim that institutional wage series such as those of Greenwich Hospital overstate the earnings of building workers by 20 to 30 per cent, and it is argued here that the conclusion is unpersuasive. Whatever adjustments to existing wage series are necessary in view of her new evidence would have no significant implications for real wages in England compared to the rest of the world. Consequently, Stephenson's findings do not call into question the high wage explanation for the industrial revolution.