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A Theory of the Rate of Wages

Walton H. Hamilton

The Quarterly Journal of Economics · 1922 · Volume 36 · Issue 4

DOI: 10.2307/1884753

Abstract

Other theories of wages deal with other problems than that of raising wages, 581. — Sources from which increase of nominal wages may come, 585. — How may the laborers command a share of these surpluses? 605. — Increasing real wages by lowering the prices of what the laborer buys, 608. — The laborer's free income, 609. — Factors determining a wage rate in a given industry, 610.

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