Abstract:
This paper provides new series of building wages for 18th-century Madrid. At an international level, the usual point of reference for Spain during the 18th century is the wage series that Earl Hamilton compiled (and Robert Allen included in his database) using the payrolls from the construction of the Royal Palace of Madrid. However, Hamilton did not fully exploit the rich information that those data provide about wage rates, skills and labour force participation. Contrary to the simplicity of the labour categories in Hamilton's series, our results show the existence of a complex world of skills and, consequently, of wage rates that only come to the surface when we reconstruct the working lives of the thousands of workers who participated in the building of the new palace. The new data presented in this paper provide some new insights into the functioning of labour markets and the complexity of wage (and even human capital) formation in pre-industrial Madrid.