Synopses & Reviews
Production workers continue to be an important group in the economy. Two Centuries of Compensation for U.S. Production Workers in Manufacturing is the first long-run annual series of average hourly compensation for U.S. production workers in manufacturing. Officer reviews both data sources and existing literature on related historical series as well as using current official statistics. The new series provides original insights into the standard of living of these workers.
Review
“Highly valuable to scholars interested in quantitative economic history….An intellectual triumph.”--Robert E. Hall, Robert and Carole McNeil Joint Senior Fellow, Hoover Institution and Professor of Economics, Stanford University
About the Author
Lawrence H. Officer is Professor of Economics at University of Illinois at Chicago. He is the author or editor of 14 books; and the author of many articles in professional journals, as well as numerous book chapters, book reviews, encyclopedia contributions, and Internet essays. His most recent book is Two Centuries of Compensation for U.S. Production Workers in Manufacturing (Palgrave Macmillan, 2009). His academic specialties are monetary history and international economics. Professor Officer teaches Principles of Economics and Intermediate Economics to large classes. He is co-founder and Director of Research of MeasuringWorth.com. A resident of Glencoe, Illinois, Professor Officer enjoys science fiction literature, classic films, and bicycling with his spouse.
Table of Contents
List of Abbreviations and Symbols * List of Tables * List of Figures * Preface * Chapter 1. Methodology * Chapter 2. Data Sources * Chapter 3. Existing Earnings and Wage Series * Chapter 4. Plan for Construction of New Series * Chapter 5. Average Hourly Earnings * Chapter 6. Average Hourly Benefits * Chapter 7. Nominal Compensation, Real Compensation, and Standard of Living * Appendix: Feeder Series * References * Index of Names * Index of Subjects