Archive for the ‘Wages’ Category

LA goes big on the min wg

May 22nd, 2015

Over at the WaPo…as per the minimum wage literature, it’s an “out-of-sample” increase, which means we’ll need to monitor its outcomes. It’s also a pretty inspiring development, if you ask me.

Super Models

May 21st, 2015

Sorry, nothing prurient. Just a quick observation and reading/listening assignments for serious OTE’ers on some material that I will return to shortly with the necessary time and attention. Over the past few days, in three separate (though intimately connected) debates in which I take part, I’ve come across writers emphasizing the critical importance of getting… Read more

When I say “wage,” you say “mash-up!” When I say “wage,” you say…

May 12th, 2015

“Mash-up!” I don’t know what I’m getting all excited about. My quarterly five-wage mash-up series through 2015q1 shows nominal wage growth pretty much plodding along at the same 2% it’s been stuck at for years. The plot shows the first principal component (PC) of the yearly changes in the five wage and compensation series listed… Read more

A few thoughts re Leonhardt’s “College for the masses”

April 26th, 2015

There may be no more highly-placed booster for the importance of college education than editor/journalist David Leonhardt of the NYT (disclosure: an editor of my occasional pieces at Upshot and someone I’ve known and respected for many years). Every few months, he writes something on this topic and he’s right to do so, both from a… Read more