Stagnant Wage Growth
(Redirected from stagnant wage growth)
A Stagnant Wage Growth is a wage growth that is a flat growth.
- AKA: Flat Wage Inflation.
- Example(s):
- U.S. Wage Growth in the 2000s.
- …
- Counter-Example(s):
- See: Positive GDP Growth.
References
2014
- http://www.economist.com/blogs/freeexchange/2014/10/technology-and-productivity
- It would be a remarkable irony if the driverless car — in many ways the symbol of the technological revolution that is now reshaping modern economies — fails to materialise as an economic reality thanks to the disemploying power of other technologies. It would also be a perfect illustration of how stagnant wage growth can cause slow growth in measured productivity.