The decoupling of wages from productivity, sometimes known as the Great Decoupling, is the gap between the growth rate of median wages and the growth rate of GDP.We distinguish between “net decoupling” – the difference in growth of GDP per hour deflated by the GDP deflator and average compensation deflated by the same index ‐ and “gross decoupling” – the difference in growth of GDP per hour deflated by the GDP deflator and median wages deflated by a measure of consumer price index (CPI). Economists began to acknowledge this problem toward the end of the twentieth century and the beginning of the twenty-first century. This problematic furthermore leads to wage stagnation despite continued economic growth.