During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers helps explain labour market behaviour in that period, and looks at the current state of the wage-setting period.
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During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers helps explain labour market behaviour in that period, and looks at the current state of the wage-setting period.
Read Less
