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1 results

  • PRICES AND WAGES IN SEGOVIA, 1571–1807

  • José Ignacio Andrés Ucendo, Ramón Lanza García
  • Journal:
    Revista de Historia Economica - Journal of Iberian and Latin American Economic History / Volume 38 / Issue 2 / September 2020
    Published online by Cambridge University Press:
    08 November 2019, pp. 221-248
    Print publication:
    September 2020

  • This paper deals with the evolution of wages in the construction offices of Segovia, one of the most important Castilian and Spanish manufacturing towns, between 1571 and 1807. Part two deals with the nominal wages earned by the building officials and labourers of the city and part three presents the Segovian prices index between 1571 and 1807. Finally, part four analyses the evolution of the real wages earned in the construction offices of the town. Segovian real wages evolved in line with the local economy; after peaking in the first quarter of the 17th century, they experienced a continuous decline, so in 1807 the real wages of Segovian building officials and labourers were 50 per cent of those of the first quarter of the 17th century.