"shadow real wage" meaning in English

{
  "forms": [
    {
      "form": "shadow real wages",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "shadow real wage (plural shadow real wages)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Economics",
          "orig": "en:Economics",
          "parents": [
            "Social sciences",
            "Sciences",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "1982, Frank Hahn, Monetary and Inflation, Oxford: Basil Blackwell, page 49",
          "text": "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.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A shadow price of labor, i. e. a real wage which is not based on actual market exchanges."
      ],
      "hypernyms": [
        {
          "word": "shadow price"
        }
      ],
      "id": "en-shadow_real_wage-en-noun-bka5hDNI",
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "shadow price",
          "shadow price"
        ],
        [
          "market",
          "market"
        ],
        [
          "exchange",
          "exchange"
        ]
      ],
      "raw_glosses": [
        "(economics) A shadow price of labor, i. e. a real wage which is not based on actual market exchanges."
      ],
      "topics": [
        "economics",
        "science",
        "sciences"
      ],
      "translations": [
        {
          "code": "de",
          "lang": "German",
          "sense": "Translations",
          "tags": [
            "masculine"
          ],
          "word": "Schattenreallohn"
        }
      ]
    }
  ],
  "word": "shadow real wage"
}

{
  "forms": [
    {
      "form": "shadow real wages",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "shadow real wage (plural shadow real wages)",
      "name": "en-noun"
    }
  ],
  "hypernyms": [
    {
      "word": "shadow price"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with quotations",
        "Translation table header lacks gloss",
        "en:Economics"
      ],
      "examples": [
        {
          "ref": "1982, Frank Hahn, Monetary and Inflation, Oxford: Basil Blackwell, page 49",
          "text": "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.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A shadow price of labor, i. e. a real wage which is not based on actual market exchanges."
      ],
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "shadow price",
          "shadow price"
        ],
        [
          "market",
          "market"
        ],
        [
          "exchange",
          "exchange"
        ]
      ],
      "raw_glosses": [
        "(economics) A shadow price of labor, i. e. a real wage which is not based on actual market exchanges."
      ],
      "topics": [
        "economics",
        "science",
        "sciences"
      ]
    }
  ],
  "translations": [
    {
      "code": "de",
      "lang": "German",
      "sense": "Translations",
      "tags": [
        "masculine"
      ],
      "word": "Schattenreallohn"
    }
  ],
  "word": "shadow real wage"
}