Decoupling of wages from productivity
Macro-level facts
Over the past two decades, aggregate labour productivity growth in most OECD countries has decoupled from real median compensation growth, implying that raising productivity is no longer sufficient to raise real wages for the typical worker. This paper provides a quantitative description of decoupli...
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| Main Author: |
Cyrille Schwellnus
Pierre-Alain Pionnier Andreas Kappeler |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
OECD Publishing 31.01.2017 |
| Data of publication: | 2017-01-31T00:00:00 |
| ISSN: |
1815-1973 |
| EISSN: |
1815-1973 |
| Discipline: | Economics |
| Series: |
OECD Economics Department Working Papers |
| Subjects: | |
| Online Access: | Fulltext |
| Database: | OECD Working Paper Series OECD iLibrary OECD iLibrary Database information Databases - DBIS |