作者:WHEELOCK, DC
摘要:This article investigates interstate differences in banking market structure during the 1920s. It finds that the number of banks per capita and the ratio of state-chartered to federally chartered banks were highest in states with deposit insurance systems, low minimum capital requirements, and branching restrictions. In the 1920s banking consolidation was greatest where falling incomes caused high failure rates, in states with deposit insurance, and where branching increased. After 1920, the h...
作者:University of Arizona; National Bureau of Economic Research
摘要:The labor markets in the railroad industry went through extensive institutional changes between 1890 and 1945. Federal laws increased railroad employers' liability for workplace accidents in several stages. Unions expanded to cover more occupations. The federal government set railroad wages during World War I and then mediated and arbitrated a large number of collective bargaining disputes between 1920 and 1945. We examine how these changes in institutions affected compensating differentials f...
作者:LEWCHUK, WA
摘要:The introduction of mass production transformed many skilled tasks into repetitive and monotonous jobs. In industries such as automobiles, the workforce remained predominantly male despite contemporary assessments that women could efficiently do many of these jobs. This article explores why. It is argued that employers such as Ford concluded that the conversion of labor time into effort would be more difficult in a mixed-gender workforce. The paper shows how Ford developed a fraternalist labor...