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fanzhang | 4 years ago

Is there any evidence of this in the data above (or elsewhere)? Labor productivity is a low degree-of-freedom datapoint and your explanation is indirect and has a lot of degrees of freedom.

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mikeg8|4 years ago

My opinion was anecdotal. But I think it could be argued the entire field of economics has a lot of degrees of freedom - which is why they do not have firm conclusions as to the causes of productivity loss in the article.

Edit: also see: https://www.epi.org/productivity-pay-gap/

webmaven|4 years ago

It is possible that the drop in productivity growth, if it goes on long enough, will have the effect of closing the gap.