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Problematic sources of recent real wage growth

January 21, 2014 Michal Rozworski 8 comments

The past 18 months have seen real wages increase in Canada. (Yes, I double-checked.) Indeed, real wages have gone through two distinct phases of growth since the financial crisis hit the global economy in 2007. This may be surprising as we have been accustomed to hearing about the stagnation of real wages and the “decoupling” of wages from productivity gains […]

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