U.S. | The case of missing wage growth
Published on Friday, April 6, 2018 | Updated on Monday, April 9, 2018
U.S. | The case of missing wage growth
Summary
The General Purpose Technology advancements, Information Communication Technology and digitization, are the common factors behind three major trickle-down structural contributors to stagnant real wage growth – low productivity growth, the decline in labor income share, and the rise in wage growth distribution inequality.
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- Global
Topics
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- Macroeconomic Analysis
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Authors
Shushanik Papanyan
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