Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/58464
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dc.contributor.authorAshenfelter, Orleyen_US
dc.date.accessioned2012-05-22en_US
dc.date.accessioned2012-06-15T07:36:52Z-
dc.date.available2012-06-15T07:36:52Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:101:1-2012080812459-
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_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aDiscussion Paper series, Forschungsinstitut zur Zukunft der Arbeit |x6500en_US
dc.subject.jelC81en_US
dc.subject.jelC82en_US
dc.subject.jelD24en_US
dc.subject.jelJ31en_US
dc.subject.jelN30en_US
dc.subject.jelO57en_US
dc.subject.ddc330en_US
dc.subject.keywordreal wage ratesen_US
dc.subject.keywordinternational comparisonsen_US
dc.subject.keywordproductivityen_US
dc.subject.stwReallohnen_US
dc.subject.stwArbeitsproduktivitäten_US
dc.subject.stwTourismusberufeen_US
dc.subject.stwSchnellgastronomieen_US
dc.subject.stwVergleichen_US
dc.subject.stwWelten_US
dc.titleComparing real wage ratesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn715980386en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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