Wages/Compensation

Topic Leader: 
Frank Levy

Workers in the low and middle portions of the occupational distribution have endured a long period of stagnation or slow growth in wages and compensation. While productivity, a necessary condition for growth in real wages, has grown steadily, workers have been getting a smaller share of these gains. This research cluster explores the reasons for the breakdown in the productivity-wage relationship and asks what changes in public policies, labor-market institutions, and organizational practices are needed to once again get compensation moving in a positive and sustainable direction.

Research

Thomas A. Kochan's picture

It is widely recognized that human capital is essential to sustaining a competitive economy at high and rising living standards. Yet...

Thomas A. Kochan | April 24, 2012
David H. Autor's picture

From Autor's introduction and summary of his job-polarization research paper:

"... since the late 1970s and early 1980s...

David H. Autor | April 10, 2012
Harry Holzer's picture

In this paper we use data from the Current Population Surveys to summarize labor market trends over the past 30 years. First we focus on...

Harry Holzer | March 16, 2012
Thomas A. Kochan's picture

America has a two-dimensional jobs crisis. It faces as persistent jobs deficit — the economy is not producing enough jobs to...

Thomas A. Kochan | December 23, 2011
Lauren D. Appelbaum's picture

While the recession officially ended more than two years ago, the jobs crisis that began with the recession and has yet to be resolved,...

Lauren D. Appelbaum | September 5, 2011
Michael Reich's picture

Traditional estimates that often find minimum wage disemployment effects include controls for state unemployment rates and state- and...

Michael Reich | August 2, 2011
Michael Reich's picture

Abstract: We use policy discontinuities at state borders to identify the effects of minimum wages on earnings and employment in...

Michael Reich | August 1, 2011
Michael Reich's picture

We measure labor market frictions using a strategy that bridges design-based and structural approaches: estimating an equilibrium search...

Michael Reich | August 1, 2011
Gerald F. Davis's picture

Using time-series data from the US since 1950 and from 53 countries around the world in 2006, this chapter documents a strong negative...