Labor Compensation-Productivity Difference Measure

A Labor Compensation-Productivity Difference Measure is a unexpected difference between productivity growth rate and wage growth rates.

• AKA: Wage-Productivity Gap.
• See: Job Polarization, Labor Compensation Measure, Labor Productivity Measure.

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References

2011

• (Fleck et al., 2011) ⇒ Susan Fleck, John Glaser, and Shawn Sprague. (2011). “The compensation-productivity gap: a visual essay.” In: Monthly Labor Review, 134(1).
  • QUOTE: The compensation–productivity gap is the percentage-point difference between the compounded annual growth rates of real hourly compensation and productivity over the same period. All quarterly data are seasonally adjusted.

2005

• (Ilmakunnas & Maliranta, 2005) ⇒ Pekka Ilmakunnas, and Mika Maliranta. (2005). “Technology, Labour Characteristics and Wage‐productivity Gaps*." Oxford Bulletin of Economics and Statistics, 67(5).

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