The Decoupling of Median Wages from Productivity in OECD Countries
Over the past two decades, aggregate labour productivity growth in most OECD countries has decoupled from real median compensation growth, implying that increasing productivity is no longer sufficient to raise real wages for the typical worker. This article provides a quantitative description of dec...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Centre for the Study of Living Standards
2017-04-01
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| Series: | International Productivity Monitor |
| Subjects: | |
| Online Access: | http://www.csls.ca/ipm/32/Schwellnus_Kappeler_Pionnier.pdf |