Re: query: real wage catch-up

[Jim Devine <jdevine03@xxxxxxxxx>]

I'd say so. As part of a research paper, I have this simple regression
showing the rise in the ratio of property income to wage income in the
US since 1970. On Monday, I added three new quarters of data to the
regression against time. The time coefficient stayed the same (2.2E-04
per quarter), but it became more significant (the t-stat went from 6.2
to 6.5 with 141 observations for the latter). And with only three more
quarters!

I don't have time to figure out whether that's significantly more
significant, but it struck me as dramatic.

On 6/7/05, paul phillips <phillipsp@xxxxxxx> wrote:
>  Doug had a very persuasive graph on his LBO website that showed a dramatic
> disconnect between wages and productivity.  Is that trend continuing?
>  
>  Paul Phillips

-- 
Jim Devine
"Segui il tuo corso, e lascia dir le genti." (Go your own way
and let people talk.) -- Karl, paraphrasing Dante