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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Bibliographic details
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
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