Is Wage Growth Higher than We Think?

Michael Morris, Robert Rich and Joseph Tracy

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: There is always widespread interest in the degree to which the U.S. labor market generates higher pay for workers. A standard measure of wage growth suggests that this expansion is not improving the standard of living of workers, but our analysis reveals that actual wage growth is understated.

Keywords: Labor (search for similar items in EconPapers)
Date: 2019-02-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:89350

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