Mexico’s Real Wages in the Age of the Great Divergence, 1750s-1920s

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Show simple item record Challú, Amílcar E. Gómez-Galvarriato, Aurora 2020-04-14T11:50:00Z 2020-04-14T11:50:00Z 2015-03
dc.identifier.bibliographicCitation Revista de Historia Económica / Journal of Iberian and Latin American Economic History (Second Series) / Volume 33 / Issue 01 / March 2015, pp 83–122
dc.identifier.issn 0212-6109
dc.identifier.issn 2041-3335 (online)
dc.description.abstract This study builds the first internationally comparable index of real wages for Mexico City bridging the 18th and the early 20th century. Real wages started out in relatively high international levels in the mid 18th century, but declined from the late 1770s on, with some partial and temporal rebounds after the 1810s. After the 1860s, real wages recovered and eventually reached 18th-century levels in the early 20th century. Real wages of Mexico City’s workers subsequently fell behind those of high-wage economies to converge with the lower fringes of middle-wage economies. The age of the global Great Divergence was Mexico’s own age of stagnation and decline relative to the world economy.
dc.description.abstract Este trabajo construye el primer índice de salarios reales comparable internacionalmente que comprende del siglo XVIII a principios del siglo XX. Los salarios reales se redujeron sustantivamente a partir de los 1770s, con alguna recuperación parcial y no duradera después de los 1810s. A partir de los 1860s éstos comenzaron a recuperarse para casi alcanzar hacia principios del siglo XX, los niveles de mediados del siglo XVIII. Los salarios reales de los trabajadores de la ciudad de México cayeron en relación a los de economías de salario alto, convergiendo hacia el umbral bajo de las economías de salario medio. La era de la gran divergencia, fue para México un periodo de estancamiento y declive en relación a la economía global.
dc.format.extent 40
dc.language.iso eng
dc.rights © Instituto Figuerola, Universidad Carlos III de Madrid, 2015
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.subject.other Real wages
dc.subject.other Prices
dc.subject.other Welfare ratios
dc.subject.other Standards of living
dc.subject.other Salarios reales
dc.subject.other Pecios
dc.subject.other Índices de bienestar
dc.subject.other Niveles de vida
dc.title Mexico’s Real Wages in the Age of the Great Divergence, 1750s-1920s
dc.type article PeerReviewed
dc.subject.jel N30
dc.subject.jel N36
dc.subject.jel E31
dc.subject.jel J31
dc.subject.eciencia Economía
dc.subject.eciencia Historia
dc.rights.accessRights openAccess
dc.type.version publishedVersion
dc.identifier.publicationfirstpage 83
dc.identifier.publicationissue 1
dc.identifier.publicationlastpage 122
dc.identifier.publicationtitle Revista de Historia Económica / Journal of Iberian and Latin American Economic History
dc.identifier.publicationvolume 33
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