English, Article edition: A very peculiar practice: Underemployment in Britain during the interwar years BOWDEN, S.; HIGGINS, D.M.; PRICE, C.

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Bookmark: http://trove.nla.gov.au/version/179322
Physical Description
  • article
Language
  • English

Edition details

Title
  • A very peculiar practice: Underemployment in Britain during the interwar years
Author
  • BOWDEN, S.
  • HIGGINS, D.M.
  • PRICE, C.
Physical Description
  • article
Notes
  • 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 .
  • RePEc:cup:ereveh:v:10:y:2006:i:01:p:89-108_00
Language
  • English
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