Were Wages That Low? Strasbourg Wages and Welfare Ratios Before 1775

I have a new working paper available, which I have submitted to a journal for publication. It is a note concerning the measurement of living standards in Strasbourg during the 17th and 18th century. I argue that the wage series used for that region underestimate the true level of wages and make it appear to be one of the poorest regions of Europe. The note is here on SSRN and the abstract is below:

This note suggests that the region of Strasbourg in France has had its living standards grossly underestimated for the period prior to 1789. Once the proper adjustments are made, the region appears to have been much better-off than has been believed.


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