Understanding U.S. Wage Dynamics /

In this paper, we undertake empirical analysis to understand U.S. wage behavior since the beginning of the new millennium. At the macroeconomic level, we find that a productivity-augmented Phillips curve model explains the data fairly well. The model reveals that the upward pressure on wage growth f...

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Bibliographic Details
Main Author: Abdih, Yasser
Other Authors: Danninger, Stephan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/138
Online Access:Full text available on IMF