Table 3
Growth of relative CEO and college wages, 1979-2010
Ratio | Log Ratio | |||||
---|---|---|---|---|---|---|
CEO compensation to: | College to: | CEO compensation to: | College to: | |||
top 0.1% households | top 0.1%wage earners | High School Hourly wages | top 0.1% households | top 0.1% wage earners | high school hourly wages | |
Ratio | ||||||
1979 | 1.18 | 3.16 | 1.40 | 0.164 | 1.151 | 0.338 |
1989 | 1.14 | 2.55 | 1.57 | 0.128 | 0.936 | 0.454 |
1993 | 1.56 | 2.95 | 1.63 | 0.443 | 1.083 | 0.488 |
2000 | 2.90 | 7.53 | 1.75 | 1.063 | 2.019 | 0.557 |
2007 | 1.49 | 4.23 | 1.76 | 0.396 | 1.442 | 0.568 |
2010 | 2.06 | 4.70 | 1.77 | 0.725 | 1.548 | 0.574 |
Change | ||||||
1979-2007 | 0.31 | 1.07 | 0.36 | 0.23 | 0.29 | 0.23 |
1979-2010 | 0.89 | 1.54 | 0.37 | 0.56 | 0.40 | 0.24 |
1989-2010 | 0.93 | 2.15 | 0.20 | 0.60 | 0.61 | 0.12 |
Source: CEO compensation from Kaplan (2012), top 0.1% wages from Mishel et al (2012, Table 4.8), ' wages by education from Mishel et al (2012, Table 4.14), top 0.1 incomes from Piketty and Saez (2003, updated)
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