Does wage reflect labor productivity? A comparison between Brazil and the United States

Alexandre Gori Maia and Arthur Sakamoto ()

Brazilian Journal of Political Economy, 2018, vol. 38, issue 4, 629-649.

Abstract: The study compares the relationship between wages and labor productivity for different categories of workers in Brazil and in the U.S. Analyses highlight to what extent the equilibrium between wages and productivity is related to the degree of economic development. Wages in the U.S. has shown to be more attached to labor productivity, while Brazil has experienced several economic cycles were average earnings grew initially much faster than labor productivity, suddenly falling down in the subsequent years. Analyses also stress how wage differentials, in fact, match productivity differentials for certain occupational groups, while for others they do not. JEL Classification: J21; J24; J31.

Keywords: Labor market; occupational structure; inequality; economic development (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... l/article/view/91/84 (application/pdf)

Related works:
Working Paper: DOES WAGE REFLECT LABOR PRODUCTIVITY? A COMPARISON BETWEEN BRAZIL AND THE UNITED STATES (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:38:y:2018:i:4:p:629-649.:id:91

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().