knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

Wages are a major component of decent work, yet serious knowledge gaps remain in this increasingly important area. The … bargaining and in-work benefits, or the macroeconomic dimensions of wages. The report also contains a rich statistical appendix … wages -- 1 The global economic context: Crisis, recession and employment -- 1.1 Economic growth rates vary widely by region …