We present new wage indices for skilled and unskilled construction workers in Italy. Our data avoid multiple issues pestering earlier wages, making our new indices the first consistent ones for early-modern Italy. Our improved wages, obtained from the St. Peter’s Church in Rome, consolidate the view that urban Italy began a prolonged downturn during the seventeenth century. They also offer sustenance to the idea that epidemics instigated the decline. Comparison with new construction wages for London shows that Roman workers outearned their early-modern English counterparts. This suggests that high wages alone were not enough to trigger industrialization.
Italy and the Little Divergence in Wages and Prices: New Data, New Results / Rota, Mauro; Weisdorf, Jacob Louis. - In: THE JOURNAL OF ECONOMIC HISTORY. - ISSN 1471-6372. - 80:4(2020), pp. 931-960. [10.1017/S0022050720000467]
Titolo: | Italy and the Little Divergence in Wages and Prices: New Data, New Results | |
Autori: | ||
Data di pubblicazione: | 2020 | |
Rivista: | ||
Citazione: | Italy and the Little Divergence in Wages and Prices: New Data, New Results / Rota, Mauro; Weisdorf, Jacob Louis. - In: THE JOURNAL OF ECONOMIC HISTORY. - ISSN 1471-6372. - 80:4(2020), pp. 931-960. [10.1017/S0022050720000467] | |
Handle: | http://hdl.handle.net/11573/1440294 | |
Appartiene alla tipologia: | 01a Articolo in rivista |
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