A window to the past : Living standards in historical perspective
(2024) 1. p.925-949- Abstract
Real wages are a convenient, useful, and powerful way to learn how life was like in the past. In this chapter we start by reviewing the methodology behind real wage estimations and their history. Then we look at the how real wages have contributed to shedding light on major issues in economic history such as the onset of modern economic growth, the Great Divergence, and colonialism in the Americas. We continue to explain the limitations and challenges in estimating and interpreting real wages.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/565b4c7f-8000-4067-a8d3-05ca1745bbbf
- author
- Abad, Leticia Arroyo and Gary, Kathryn LU
- organization
- publishing date
- 2024-05
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- keywords
- Barebones baskets, Consumption baskets, Cost of living, Living standards, Prices, Real wages, Respectable baskets, Welfare ratios
- host publication
- Handbook of Cliometrics : Third edition - Third edition
- volume
- 1
- pages
- 25 pages
- publisher
- Springer International Publishing
- external identifiers
-
- scopus:85206557976
- ISBN
- 9783031355820
- 9783031355837
- DOI
- 10.1007/978-3-031-35583-7_89
- language
- English
- LU publication?
- yes
- id
- 565b4c7f-8000-4067-a8d3-05ca1745bbbf
- date added to LUP
- 2024-12-17 15:55:15
- date last changed
- 2025-07-16 08:46:56
@inbook{565b4c7f-8000-4067-a8d3-05ca1745bbbf,
abstract = {{<p>Real wages are a convenient, useful, and powerful way to learn how life was like in the past. In this chapter we start by reviewing the methodology behind real wage estimations and their history. Then we look at the how real wages have contributed to shedding light on major issues in economic history such as the onset of modern economic growth, the Great Divergence, and colonialism in the Americas. We continue to explain the limitations and challenges in estimating and interpreting real wages.</p>}},
author = {{Abad, Leticia Arroyo and Gary, Kathryn}},
booktitle = {{Handbook of Cliometrics : Third edition}},
isbn = {{9783031355820}},
keywords = {{Barebones baskets; Consumption baskets; Cost of living; Living standards; Prices; Real wages; Respectable baskets; Welfare ratios}},
language = {{eng}},
pages = {{925--949}},
publisher = {{Springer International Publishing}},
title = {{A window to the past : Living standards in historical perspective}},
url = {{http://dx.doi.org/10.1007/978-3-031-35583-7_89}},
doi = {{10.1007/978-3-031-35583-7_89}},
volume = {{1}},
year = {{2024}},
}