Bowley's law

proper noun

A stylized fact of economics which states that a country's wage share remains constant over time.

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Meanings

proper noun
  1. economicsA stylized fact of economics which states that a country's wage share remains constant over time.

Origin

After Arthur Bowley, a British economist who pioneered the collection of wage data in the UK.

Full word history & related roots →
Cite this entry
APA

Bowley's law. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/Bowley's%20law

MLA

“Bowley's law.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Bowley's%20law. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “Bowley's law,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/Bowley's%20law.

Source: Bowley's law on Wiktionary, CC BY-SA 4.0.