Bowden, S., Higgins, D.M. and Price, C. (2006) A Very Peculiar Practice: Underemployment in Britain during the Interwar Years. European Review of Economic History, 10 (1). pp. 89-108. ISSN 1361-4916Full text not available from this repository.
This article presents new evidence on the determinants of short-time working in Britain during the interwar period. Using a selection of manufacturing industries we test the impact that output volatility, the benefit-wage ratio, and trade union density had on short-time working. We find that persistence effects (captured by lagged values of output fluctuation) and gender differences in trade union density were important for a number of industries. However, perhaps our most interesting finding is that the benefit-wage ratio also exercised a statistically significant impact on short-time working. This suggests that the Benjamin-Kochin thesis may be important after all. In other words, the army of short-time workers that existed in Britain between the Wars may, indeed, have been a ‘volunteer army’.
|Academic Units:||The University of York > The York Management School
The University of York > Economics and Related Studies (York)
|Depositing User:||York RAE Import|
|Date Deposited:||25 May 2009 14:40|
|Last Modified:||04 Oct 2010 10:11|
|Publisher:||Cambridge University Press|
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