2010
DOI: 10.1163/156852010x506038
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Real Wages in Early Economies: Evidence for Living Standards from 1800 BCE to 1300 CE

Abstract: Price and wage data from Roman Egypt in the first three centuries CE indicate levels of real income for unskilled workers that are comparable to those implied by price and wage data in Diocletian's price edict of 301 CE and to those documented in different parts of Europe and Asia in the eighteenth or early nineteenth centuries. In all these cases, consumption was largely limited to goods that were essential for survival and living standards must have been very modest. A survey of daily wages expressed in term… Show more

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Cited by 144 publications
(4 citation statements)
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“…Given that wheat serves as a fundamental component in the human diet, researchers use the purchasing power of wheat, determined by a daily wage, as a yardstick for evaluating economic prosperity. This approach, as documented by scholars such as van Wees (2006), Scheidel (2010), Milanovic et al (2007, Jursa (2010), Loomis (1998), Milanovic (2006), Van Zanden (1999, Malanima (2013), andSargentis et al (2022a,d), provides a consistent and tangible measure that transcends the fluctuations in the values of money and precious metals. By anchoring economic comparisons to a staple commodity like wheat, which has been a dietary staple throughout history, the "wheat wage" method enables a more reliable assessment of the relative economic wellbeing of societies across different time periods.…”
Section: Resultsmentioning
confidence: 98%
“…Given that wheat serves as a fundamental component in the human diet, researchers use the purchasing power of wheat, determined by a daily wage, as a yardstick for evaluating economic prosperity. This approach, as documented by scholars such as van Wees (2006), Scheidel (2010), Milanovic et al (2007, Jursa (2010), Loomis (1998), Milanovic (2006), Van Zanden (1999, Malanima (2013), andSargentis et al (2022a,d), provides a consistent and tangible measure that transcends the fluctuations in the values of money and precious metals. By anchoring economic comparisons to a staple commodity like wheat, which has been a dietary staple throughout history, the "wheat wage" method enables a more reliable assessment of the relative economic wellbeing of societies across different time periods.…”
Section: Resultsmentioning
confidence: 98%
“…Wheat wages is a proper measure, adapted already in antiquity by Solon for the differentiation of social classes of Athenians on the basis of the medimnoi (bushels) of grain produced [36]. This allows us to create an important cross-cultural comparison of economic wellbeing [37][38][39].…”
Section: Correlations Between Wealth In Antiquity and Nowmentioning
confidence: 99%
“…The last potential limitation, that of using grain prices to create approximations of real wages, is the most important one that needs to be laid out. Grain wages are most often used in the literature on premodern economies such as Ancient Rome (Scheidel, ) as crude indicators of real wages because of data limitations (cf. Broadberry and Gupta, ).…”
Section: The Censuses Of 1842 and Comparison Of Lower And Upper Canadamentioning
confidence: 99%