wages and their respective outcomes across sectors and various worker characteristics. To analyze the pandemic's impacts on …) regressions. We also estimate the effects on real daily wages through OLS regressions on subsamples of wage and salary workers … larger on employment than on real wages, in contrast to findings for previous crises which found the reverse to be true …

This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …

to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …

. On average, the number of hours worked in more affected sectors fell, hourly wages rose, while employment did not …