The Effect of Wage Payment Reform on Workers’ Labor Supply, Wages, and Welfare

We examine the economic consequences of an 1886 reform in Massachusetts that mandated the weekly payment of wages. We derive conditions on key elasticities of labor supply that determine the qualitative effects of the reform on workers’ effective wages and utility. We match census and administrative...

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Veröffentlicht in:The Journal of economic history 2012-12, Vol.72 (4), p.1064-1087
Hauptverfasser: Redmount, Esther, Snow, Arthur, Warren, Ronald S.
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Sprache:eng
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