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Productivity and Wages (CRS Report for Congress)

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Release Date Aug. 30, 2004
Report Number RL32563
Report Type Report
Authors Brian W. Cashell, Government and Finance Division
Source Agency Congressional Research Service
Summary:

This report explains what economic theory tells us about the relationship between wages and productivity. The report discusses why wages may be a misleading measure of labor income, and changes in labors share of national income. Finally, possible reasons for changes in the relationship between growth in labor income and productivity are examined.