OECD description for the data: “Average wages are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of the average usual weekly hours per full-time employee to the average usually weekly hours for all employees. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year.”
Also for many countries the data only starts from 1994-1996, so saying it’s between for all of them 1990-2020 is a bit misleading.
MAPS.INTERLUDE 
What are these numbers? Neto pay minus inflation?
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OECD description for the data: “Average wages are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of the average usual weekly hours per full-time employee to the average usually weekly hours for all employees. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year.”
Also for many countries the data only starts from 1994-1996, so saying it’s between for all of them 1990-2020 is a bit misleading.
"Mi piace""Mi piace"