The Global Wage Report analyses the evolution of real wages around the world, giving a unique picture of wage trends and relative purchasing power globally and by region. The 2014/15 edition examines the link between wages and inequality at the household level

Intro -- Preface -- Contents -- Acknowledgements -- Introduction -- Part I Major trends in wages -- 1 Growth of average wages -- 1.1 Global estimates -- 1.2 Regional estimates -- 1.3 Average wages and productivity -- 2 The wage share -- 2.1 Recent trends in national wage shares -- 2.2 Trends at...

Intro -- Contents -- Preface -- Introduction -- Part I. The Official View and Its Shortcomings -- 1. The Official Story -- 2. Have Boards Been Bargaining at Arm's Length? -- 3. Shareholders' Limited Power to Intervene -- 4. The Limits of Market Forces -- Part II. Power and Pay -- 5. The...

Cover -- Contents -- 1. Introduction -- 1. The 'stylized fact' of cyclical wages -- 1.1. The belief in counter-cyclical real wages -- 2. Theory, facts and falsification -- 2.1. Falsification and the methodological responses -- 2.2. Falsification and the individual responses -- 3. Inference -- 4....