Title: A Decomposition of Growth of the Real Wage Rate for South Africa: 1970-2000
Abstract:This paper examines the potential trade-off between growth in employment and growth in wages. In order to assess the trade-off between employment growth and real wage growth, we make use of a simple d...This paper examines the potential trade-off between growth in employment and growth in wages. In order to assess the trade-off between employment growth and real wage growth, we make use of a simple decomposition model, following Mazumdar (2000), in which real wage growth is determined by growth in real value added, employment growth, a trend in the wage share of value added and a relative price effect.Read More
Publication Year: 2002
Publication Date: 2002-03-01
Language: en
Type: preprint
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Cited By Count: 2
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