Secondary data-set have come to play an increasing role in empirical economic research. This paper examines the major new secondary data-set assembled by Klaus Deininger and Lyn Squire and the World Bank. We concentrate on its coverage of the OECD countries. We have particularly in mind the user...

This paper attempts to analyse, in a theoretical perspective, the effects of economic fluctuations on the personal distribution of incomes. The framework developed here is logically separated into two building blocks. The first is a macrodynammic model determining wages and profits, I.e. the...

The paper surveys the studies on the cyclical behaviour of real wages published from the twenties onwards. The traditional simple neoclassical model of the labour market suggests that real wages tend to move countercyclically. However, from a theoretical viewpoint, there are few reasons to...