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Is Wage Growth Higher than We Think?
Abstract: There is always widespread interest in the degree to which the U.S. labor market generates higher pay for workers. A standard measure of wage growth suggests that this expansion is not improving the standard of living of workers, but our analysis reveals that actual wage growth is understated.
Keywords: Labor;
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https://www.dallasfed.org/research/economics/2019/0226
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2019-02-26