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ralph lauren polo

 
Claudia Rei
 
''Careers and wages in the dutch east india company''
 
 
In the sixteenth and seventeenth centuries, inter-continental trade brought with it a novel form of organizing business: the multinational firm. Headquartered in Europe and operating in Asia, the success of the East India Companies depended largely on the management of overseas outposts, as well as their labor force. Using a dataset of 115 workers hired in Europe to work in Asia, I present the internal structure of civil servants careers and wages in the Dutch East India Company in the eighteenth century. This early modern firm mimics well current theories of internal labor markets: there are stable career paths, fast tracks in promotions, and sizable returns to tenure.
 
 
Keywords: merchant empires, careers, returns to tenure
JEL: N0 - Economic History: General
 
Manuscript Received : Oct 10 2012 Manuscript Accepted : Oct 31 2012

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