作者：National Bureau of Economic Research; The World Bank
摘要：The greater flexibility associated with workers being able to choose the time and circumstance of their work allowed cottage manufacture to compete with technically more productive manufactories by rendering it more effective at harnessing a part-time or offpeak workforce whose opportunity cost was low. Not only did this mean that cottage manufacture was better suited to the employment of women and children, who preferred flexibility in their hours and place of work but also that the greater s...
作者：Seltzer, AJ
摘要：The Fair Labor Standards Act of 1938 imposed a binding minimum wage on the southern seamless hosiery and lumber industries. However, the process of adjusting to the new minimum differed across the two industries. Seamless hosiery firms substituted capital for labor and converted or replaced old machinery. Southern lumber firms employed fewer workers relative to northern and western firms, however, changes in their resource base and war-related government purchases prevented an absolute decreas...
作者：California Institute of Technology; University of North Carolina; University of North Carolina Chapel Hill
