Word.ws English Dictionary

shadow real wage

shadow real wage noun: a shadow price of labor, i. e. a real wage which is not based on actual market exchanges.

Noun

shadow real wage (plural shadow real wages)

  1. A shadow price of labor, i. e. a real wage which is not based on actual market exchanges.
    • Lucas has said that he finds [involuntary unemployment] a mysterious notion, but in fact it is crystal clear: the shadow real wage of the unemployed is below the prevailing real wage.1982, Frank Hahn, Monetary and Inflation, Oxford: Basil Blackwell, page 49

Forms of shadow real wage

pluralshadow real wages

Questions about shadow real wage

What does shadow real wage mean?
Shadow real wage means a shadow price of labor, i. e. a real wage which is not based on actual market exchanges.
What part of speech is shadow real wage?
Shadow real wage is a noun.
What is the plural of shadow real wage?
The plural of shadow real wage is shadow real wages.

Words near shadow real wage in the dictionary

  1. shadow pronoun
  2. shadow pronouns
  3. shadow puppet
  4. shadow puppetry
  5. shadow puppets
  6. shadow real wage
  7. shadow real wages
  8. shadow realm
  9. shadow ship
  10. shadow ships
  11. shadow snake

Source and license

Adapted from Wiktionary: shadow real wage (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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