Table 3: Descriptive statistics of the distributions of male full-time manual weekly wages 1886-1960
sd log wages
1886
1906
1938
1960
0.23
0.31
0.27
0.26
Coefficient of
variation of
wages
0.24
0.31
0.26
0.25
P90/P10
P90/P50
P50/P10
2.09
2.51
2.07
2.11
1.43
1.56
1.40
1.48
1.46
1.60
1.48
1.43
Source: Column (1) and (2) Gazeley, I., and Newell, A.T. The End of Destitution, Oxford Economic Papers,
2011 and Column (3)-(5) author’s calculations from Table 2.
www.sussex.ac.uk/britishlivingstandards