Table 2
CEO-to-top-0.1-percent and college-to-high-school ratios, 1979–2016
Ratio | Log ratio | |||
---|---|---|---|---|
CEO compensation to: | College wages to: | CEO compensation to: | College wages to: | |
Top 0.1% wage earners | High school hourly wages | Top 0.1% wage earners | High school hourly wages | |
1979 | 3.22 | 1.41 | 1.170 | 0.341 |
1989 | 2.60 | 1.58 | 0.955 | 1.581 |
1993 | 3.01 | 1.63 | 1.102 | 1.630 |
2000 | 7.67 | 1.75 | 2.038 | 1.745 |
2007 | 4.31 | 1.76 | 1.461 | 1.765 |
2009 | 4.56 | 1.74 | 1.517 | 1.742 |
2015 | 5.28 | 1.83 | 1.664 | 1.826 |
2016 | 5.45 | 1.85 | 1.696 | 1.851 |
Change | ||||
1979–2007 | 1.09 | 0.36 | 0.29 | 1.42 |
1979–2016 | 2.23 | 0.44 | 0.53 | 1.51 |
1989–2016 | 2.86 | 0.27 | 0.74 | 0.27 |
Source: Authors’ analysis of data on top 0.1 percent wages from the EPI State of Working America Data Library, Mishel and Wolfe 2017, and extrapolation of Kaplan’s (2012b) CEO compensation series
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