Productivity and Wages - DigitalCommons@ILR.pdfVIP

Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workpla e Do uments 4-30-2004 Productivity and Wages Brian W. Cashell Cong ressional Research Service Follow this and additional works at : http://digital ommons.ilr. /key_workpla e Thank you for downloading an article from DigitalCommons@ILR . Support this valuable resour e today ! This Article is brought to you for free and open a ess by the Key Workpla e Do uments at DigitalCommons@ILR . It has been a epted for inclusion in Federal Publications by an authorized administrator of DigitalCommons@ILR . For more information, please ontact hlmdigital@ . Productivity and Wages Keywords Productivity, wages, goods, servi es, labor, onsumer, in ome, ompensation, growth, national Comments Suggested Citation Cashell, B. W. (2004). Productivity a nd wages. Washington, DC: Congressional Research Servi e. This article is available at DigitalCommons@ILR : http://digital ommons.ilr. /key_workpla e/193 Order Code RL32563 CRS Report for Congress Received through the CRS Web Productivity and Wages August 30, 2004 Brian W. Cashell Specialist in Quantitative Economics Government and Finance Division Congressional Research Service ˜ The Library of Congress Productivity and Wages Summary Productivity growth is widely understood to be the means to raising living standards. Higher productivity means that