This package contains all replication materials for the results presented in Andres Blanco, Pablo Ottonello, and Tereza Ranosova (2024). The replication folder is divided into 5 sub-folders. The sub-f
Our dataset is quarterly. Employment rate series come from the U.S. Bureau of Labour Statistics as one minus the unemployment rate and are available from 1948Q2 to 2016Q4. The wage-share was computed
According to several ONS measures, real wages have been falling since 2010. This article uses ONS data to examine four possible factors behind this; productivity, real wage wedges, hours worked,...
