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Wages in Australia have long been set by government tribunals. Although the system may create microeconomic inefficiency, it also may facilitate incomes policies, such as the 10 percent wage cut in 1931. This paper uses records from early to mid-career employees of the Union Bank of Australia to...
Persistent link: https://www.econbiz.de/10005489947
This paper uses wage records to examine salaries and career tracks in the English banking industry between 1890 and 1918. The main conclusions are as follows. First, unlike manufacturing and a number of other sectors, which experienced increasing wages prior to the First World War, real wages in...
Persistent link: https://www.econbiz.de/10005652705
This paper examines the consequences of branch banking for the Australian economy. There is little evidence to show that branching increased the stability of Australian banking. In 1893 Australia suffered the worst panic ever in a branch banking country. During the crisis, more extensively...
Persistent link: https://www.econbiz.de/10005784822
This paper uses evidence from late nineteenth-and early twentieth-century personnel records of two Australian banks to examine the nature of internal labour markets prior to the Second World War. It is argued that the industry possessed all the classic features of internal labour markets:...
Persistent link: https://www.econbiz.de/10005484345
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The late 19th and early 20th century British labour market experienced an influx of female clerical workers. Employers argued that female employment increased opportunities for men to advance; however, most male clerks regarded this expansion of the labour supply as a threat to their pay and...
Persistent link: https://www.econbiz.de/10010960108
type="main" xml:lang="en" <title type="main">Abstract</title> <p>The number of empirical studies in personnel economics using administrative data has grown rapidly in recent years. We survey the use of administrative data to examine employment contracts. Specifically, we consider three types of data that have been widely...</p>
Persistent link: https://www.econbiz.de/10011036937
This paper examines internal labour markets in the late nineteenth and early twentieth century using personnel records from the Union Bank of Australia and the Victorian Railways. Both employers hired young workers and offered them the possibility of very-long-term employment. Salaries were...
Persistent link: https://www.econbiz.de/10005005340
This article uses personnel, payroll, and other records from the Union Bank of Australia to examine internal labor markets. It is shown that employment was characterized by limited ports of entry, impersonal rules for pay and promotion, well-defined career ladders, shielding from the external...
Persistent link: https://www.econbiz.de/10005832422