Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/58464 
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dc.contributor.authorAshenfelter, Orleyen
dc.date.accessioned2012-05-22-
dc.date.accessioned2012-06-15T07:36:52Z-
dc.date.available2012-06-15T07:36:52Z-
dc.date.issued2012-
dc.identifier.piurn:nbn:de:101:1-2012080812459en
dc.identifier.urihttp://hdl.handle.net/10419/58464-
dc.description.abstractA real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual basis for such measures, provide some historical examples, and then provide my own preliminary analysis of a decade long project designed to measure the wages of workers doing the same job in over 60 countries - workers at McDonald's restaurants. The results demonstrate that the wage rates of workers using the same skills and doing the same jobs differ by as much as 10 to 1, and that these gaps declined over the period 2000-2007, but with much less progress since the Great Recession.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x6500en
dc.subject.jelC81en
dc.subject.jelC82en
dc.subject.jelD24en
dc.subject.jelJ31en
dc.subject.jelN30en
dc.subject.jelO57en
dc.subject.ddc330en
dc.subject.keywordreal wage ratesen
dc.subject.keywordinternational comparisonsen
dc.subject.keywordproductivityen
dc.subject.stwReallohnen
dc.subject.stwArbeitsproduktivitäten
dc.subject.stwTourismusberufeen
dc.subject.stwSchnellgastronomieen
dc.subject.stwVergleichen
dc.subject.stwWelten
dc.titleComparing real wage rates-
dc.typeWorking Paperen
dc.identifier.ppn715980386en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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