The relationship between labor productivity and wages in the Israeli market place
Author: Gilad Brand
September 19, 2016
A new study by the Taub Center for Social Policy Studies in Israel explains why, at the end of 2015, real wages in the business sector were similar to those in 2001, whereas during the same period, labor productivity per worker rose by 15%. The research shows that the weakening of the link between productivity and wages was caused by the rapid increase in consumer prices relative to the price of produced goods, following years of similar growth.
Click here to read the full study on the relationship between labor productivity and wages in the Israeli market place in Hebrew.