Real Wage Index Numbers
回顾了美国和英国的实际工资指数，提出一种类似旧时行业滑动工资调整的新指数，应用于美国制造业后发现自1960年以来实际工资下降了约40%，工人分配地位显著恶化。
Real wage index numbers have been used to measure movements in the standard of living of the typical worker. This paper describes some of these indicators for the United States and England. A new real wage index is proposed that resembles the sliding scale used to adjust wages in certain industries years ago. This new index is applied to US manufacturing industry and it implies a fall in real wages by about 40 percent since 1960. Workers' distributional position in US manufacturing has deteriorated considerably.