Pre-registration
US 1945-1973 coordinated labour-management-state compact produced broad-based real-wage growth tracking productivity, demonstrating that strong labour institutions + progressive taxation are growth-compatible.
Falsification criterion — what would disprove this
This hypothesis is considered falsified if:
PRIMARY (dispositive): the hypothesis is SUPPORTED if BOTH (a) the cumulative log wedge between US labour productivity (FRED OPHNFB, output per hour, nonfarm business) and real compensation per hour (FRED COMPRNFB, nonfarm business), measured from window-start (1947Q1) to window-end (1973Q4), is less than 10 percentage points in absolute value, AND (b) the within-window Pearson correlation between the two log-index series is greater than 0.85. REFUTED if the absolute cumulative wedge exceeds 25 percentage points OR the correlation falls below 0.5. PARTIAL covers the in-between range (wedge 10-25pp or correlation 0.5-0.85) where productivity-compensation tracking is real but weaker than the strong-form social-democratic claim. METHOD_VALID: both FRED series available with at least 100 quarterly observations in the 1947Q1-1973Q4 effective window. Failure of the method-validity gate emits 'inconclusive (data gap)' rather than a refutation.
formal test & threshold
test: cumulative_log_wedge_and_correlation_1947_1973 threshold: PRIMARY: abs(log(productivity_index_1973Q4) - log(compensation_index_1973Q4)) < 0.10 AND pearson_corr(log_productivity, log_compensation) > 0.85. REFUTED if abs(wedge) > 0.25 OR pearson_corr < 0.5.
Method
- Template
descriptive- Clustering
none- Sample
- 1 countries · 1945 – 1973
- Evidence type
- descriptive
Single-country US time-series 1947Q1-1973Q4 of labour productivity vs real compensation per hour. Reports the cumulative log wedge from window-start to window-end and the within-window Pearson correlation of the two log-index series. No regression, no clustering — descriptive descriptive index comparison.
Data
| Variable | Source | Transform |
|---|---|---|
labour_productivity outcome | fred:OPHNFBtier 1 | — |
real_compensation_per_hour outcome | fred:COMPRNFBtier 1 | — |
● ready · ● pending · ● reconstruct-needed
Detailed result card
Result card — us_1945_1973_labour_compact_productivity_wage_link
Verdict: PARTIAL — shape=pre_post, sign matches; |Δ_log|=0.361; threshold not extracted
Pre-registration
- Claim: US 1945-1973 coordinated labour-management-state compact produced broad-based real-wage growth tracking productivity, demonstrating that strong labour institutions + progressive taxation are growth-compatible.
- Falsification rule: PRIMARY (dispositive): the hypothesis is SUPPORTED if BOTH (a) the cumulative log wedge between US labour productivity (FRED OPHNFB, output per hour, nonfarm business) and real compensation per hour (FRED COMPRNFB, nonfarm business), measured from window-start (1947Q1) to window-end (1973Q4), is less than 10 percentage points in absolute value, AND (b) the within-window Pearson correlation between the two log-index series is greater than 0.85. REFUTED if the absolute cumulative wedge exceeds 25 percentage points OR the correlation falls below 0.5. PARTIAL covers the in-between range (wedge 10-25pp or correlation 0.5-0.85) where productivity-compensation tracking is real but weaker than the strong-form social-democratic claim. METHOD_VALID: both FRED series available with at least 100 quarterly observations in the 1947Q1-1973Q4 effective window. Failure of the method-validity gate emits 'inconclusive (data gap)' rather than a refutation.
- Falsification test: cumulative_log_wedge_and_correlation_1947_1973
Comparison
- shape: pre_post
- country: USA
- cut_year: 1959
- pre_mean: 26.65652083333333
- post_mean: 38.25718333333332
- delta: 11.600662499999991
- log_delta: 0.36129753734551073
- n_pre: 12
- n_post: 15
Variables resolved
fred:OPHNFB→ labour_productivity (outcome, publisher=fred, n=79)fred:COMPRNFB→ real_compensation_per_hour (outcome, publisher=fred, n=79)
Generated by scripts/run_descriptive.py at 2026-04-30T11:53:52+00:00
Notes
Stub seeded from a social-democratic school prediction about postwar US productivity-compensation tracking. Spec window is 1945-1973 but the canonical FRED series (OPHNFB output per hour, COMPRNFB real compensation per hour, both nonfarm business) start in 1947Q1 — effective evaluation window is 1947-1973. Falsification rule operates on the cumulative log wedge between productivity and compensation indexed to the start of the window, plus the within-window correlation of the two index series.