Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and 3.6%, respectively, when adjusted for inflation. Meanwhile ...
An interactive data tool launched by the Hamilton Project, part of the nonpartisan Brookings Institution, allows users to compare recent wage growth and inflation by several different measures.
Abstract: Empirical data show that real wages fall sharply during periods of high inflation. This paper suggests a simple general equilibrium explanation, without relying on nominal rigidities. It ...