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This paper constructs a data set on purchasing-power-parity (PPP) adjusted skilled and unskilled wages in 139 countries … Oostendorp (2000) Occupational Wages Around the World (OWW) le. It nds strong evidence for the existence of well … real wages, implying that the claim of "Divergence, Big Time" (Pritchett 1997) has to be qualied when factor markets are …
Persistent link: https://www.econbiz.de/10009363340
, adjusted for inflation, yields a 0.7 percent trend growth rate in real wages for the 1990-07 period. Real wage growth rate at … avoided. In contrast, there hardly has been any sizeable positive impact on the real wages of the informal sector workers …
Persistent link: https://www.econbiz.de/10009363364
The Harris-Todaro hypothesis replaces the equality of wages by the equality of expected wages as the basic equilibrium … when a mechanism for the determination of urban wages is specified. This article reviews work in which the Harris …
Persistent link: https://www.econbiz.de/10009365084