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Compensation confusion: confirmation that U.S. incomes have roughly kept pace with productivity growth.

Publication: The American (Washington, DC)
Publication Date: 01-JUL-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Compensation confusion: confirmation that U.S. incomes have roughly kept pace with productivity growth.(Brief article)

Article Excerpt
According to Harvard economist Martin Feldstein, "the share of national income going to employees is at approximately the same level now as it was in 1970." This finding contradicts an oft-repeated claim about "stagnant" incomes.

"Two principal measurement mistakes have led some analysts to conclude that the rise in...

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