Journal Article

Recent real income and wage trends in the United States

Abstract: Some analysts have argued that broad measures of income growth for the 1980s misrepresented how well the typical worker or household fared during this period. This article examines trends in labor force participation and compensation to explain why real wages have not kept up with aggregate measures of real income.

Keywords: Income; Wages; Income distribution;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Quarterly Review

Publication Date: 1991

Volume: 16

Issue: Sum

Pages: 36-39