Construct · 1 fields · 1 citations

five-dollar day: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
five-dollarday1 CONSTRUCTFive-dollar dayRAFF · ECONOMIC HISTORY

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Economic history

Henry Ford's 1914 doubling of pay, read as an efficiency wage meant to cut turnover and raise effort.

In economic history, five-dollar day refers to Henry Ford's 1914 doubling of pay, read as an efficiency wage meant to cut turnover and raise effort. This meaning comes from Raff (1987) in Journal of Labor Economics.[1]

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Nearby constructs

doubling1 fields · 1 citationsanchor · a standalone constructefficiency wage1 fields · 1 citationsanchor · a standalone constructefficiency4 fields · 5 citationsjingle · one word, four constructs

References

  1. Raff, D. M. G., & Summers, L. H. (1987). Did Henry Ford Pay Efficiency Wages? Journal of Labor Economics, 5(4, Part 2), S57-S86. https://doi.org/10.1086/298165

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