\\"Where's the Wage Pressure?\\"

James D. Eubanks and David Wiczer

The Regional Economist, 2015, issue Jan

Abstract: As the unemployment rate declines, many people assume that the average wage in the U.S. will increase. However, the average doesn't move that fast over a single business cycle. And any movement over the long term is more in favor of high-wage earners than low-wage earners.

Date: 2015
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