Who ate all the economic pie? Exploring the myth and reality of decoupling wage growth and productivity growth
Pessoa, J. P. & Van Reenen, J.
(2012).
Who ate all the economic pie? Exploring the myth and reality of decoupling wage growth and productivity growth.
(2012).
Who ate all the economic pie? Exploring the myth and reality of decoupling wage growth and productivity growth.
João Paulo Pessoa and John van Reenen discuss new research into the apparently loose relationship between wage growth and productivity growth in the UK and the US. They find that workers as a whole are not missing out, but increasing non-wage costs and rising wage inequalities have restricted gains.