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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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2018.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2018/138 |
| Dostęp online: | Full text available on IMF |