Davin Chor
Institutions, wages, and inequality: The case of Europe and its periphery (1500–1899)
Harvard University
paper explores longrun relationship institutions wage outcomes europe periphery find cities exercised stronger institutional protection private property experienced higher levels skilled unskilled real wages well ii lower levels inequality measured skilledunskilled wage ratio first result corroborates existing work positive growth effects better institutions second finding novel literature explanations proposed stronger institutions cause increase relative supply skilled workers thus lowering wage inequality