Wage Gaps and Development : Lessons from U.S. History /

During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of wage and productivity gaps in the U.S. from 1800 to 2000. We build a quantitative general equilibrium mo...

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Bibliografische gegevens
Hoofdauteur: Mourmouras, Alex
Andere auteurs: Rangazas, Peter
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2007.
Reeks:IMF Working Papers; Working Paper ; No. 2007/105
Online toegang:Full text available on IMF