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https://files.stlouisfed.org/files/htdocs/publications/es/07/ES0707.pdf https://files.stlouisfed.org/files/htdocs/publications/es/07... This is the result Goog
by ikeboy 7y ago
https://files.stlouisfed.org/files/htdocs/publications/es/07/ES0707.pdf https://files.stlouisfed.org/files/htdocs/publications/es/07...
This is the result Google currently features for "productivity effect on wages". The chart shows total compensation tracking productivity very closely, although it only goes back a quarter century.
- deiznof 7y agoThis is only because America has incredibly bloated healthcare costs - that "compensation" mostly isn't all that valuable. A $1000 slice of pizza is still only 1 slice of pizza.