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Wages are a major component of decent work, yet serious knowledge gaps remain in this increasingly important area. The Global Wage Report, published biennially, is divided into two parts. Part I provides policy-makers, social partners and academics around the world with information on regional...
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This paper presents a three class growth model with labor market conflict. The classes are workers, a middle management middle class, and a "top" management capitalist class. The model introduces personal income distribution that supplements conventional concerns with functional income...
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We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
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