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...

Полное описание

Библиографические подробности
Главный автор: Mourmouras, Alex
Другие авторы: Rangazas, Peter
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2007.
Серии:IMF Working Papers; Working Paper ; No. 2007/105
Online-ссылка:Full text available on IMF