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Wage Differential

Definition of 'Wage Differential'

The difference in wage rates between two types of worker.

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Related Terms

Wage-Price Spiral Compensating Wage Differential Wage Drift Wage Resistance Bid/Offer Spread Forward Points Interest Rate Parity of Exchange Rate Determination Administered Price Classical Unemployment Involuntary Unemployment Moderate Keynesians Wage / Wages Wage Freeze Wage Rate

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