Sharpe, Andrew; Arsenault, Jean-Francois; Harrison, Peter - In: International Productivity Monitor 17 (2008) Fall, pp. 16-27
The most direct mechanism by which labour productivity affects living standards is through real wages, that is, wages … adjusted to reflect the cost of living. Between 1980 and 2005, the median real earnings of Canadians workers stagnated, while … labour productivity rose 37 per cent. This article analyzes the reasons for this situation. It identifies four factors of …