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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Detalhes bibliográficos
Autor principal: Mourmouras, Alex
Outros Autores: Rangazas, Peter
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2007.
Colecção:IMF Working Papers; Working Paper ; No. 2007/105
Acesso em linha:Full text available on IMF