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Wage Dynamics in the 21st Century

Wage Dynamics in the 21st Century

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DATE: January 1, 2021 to June 30, 2027

This research project will explore the measurement of real wages and the factors that have contributed to their slow growth despite strong macroeconomic fundamentals in the last decade and significant productivity growth over a longer time span. The project will support 18 research studies on various aspects of wage dynamics, and two research conferences.

Investigators

Erik Hurst, Co-Principal Investigator

Erik Hurst is the Frank P. and Marianne R. Diassi Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. His research explores topics in labor economics, macroeconomics, and urban economics, especially the determinants of labor market fluctuations.

Lisa B. Kahn, Co-Principal Investigator

Lisa B. Kahn is the Helen F. and Fred H. Gowen Professor in the Social Sciences, and a Professor of Economics at the University of Rochester. Her research focuses on the effect of technological change, organizational structure, and education on labor market outcomes. She has been an NBER affiliate since 2014.

Ayşegül Şahin, Co-Principal Investigator

Ayşegül Şahin is the Richard J. Gonzalez Regents Chair in Economics at the University of Texas at Austin. Her research focuses on unemployment, and labor force participation dynamics, and other aspects of labor market performance.