Impact of ICT on the Productivity-Compensation Gap: A Study on Technology, Works, and the Role of Capital

Researchers have observed that the growth of hourly compensation in the U.S. has lagged behind the labour productivity growth since 1970 (Fleck, Glaser, & Sprague, 2011). The disparity between productivity and compensation, which is known as the productivity-compensation gap (Mishel & Gee, 2011), suggests that workers do not benefit directly...