By the same authors

From the same journal

A Very Peculiar Practice: Underemployment in Britain during the Interwar Years

Research output: Contribution to journalArticlepeer-review

Author(s)

Department/unit(s)

Publication details

JournalEuropean Review of Economic History
DatePublished - 2006
Issue number1
Volume10
Number of pages19
Pages (from-to)89-108
Original languageEnglish

Abstract

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’.

Discover related content

Find related publications, people, projects, datasets and more using interactive charts.

View graph of relations