Table 4
CEO-to-top-0.1-percent and college-to-high-school ratios, 1979–2015
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 | 3.26 | 1.40 | 1.183 | 0.336 | |||
1989 | 2.63 | 1.58 | 0.967 | 0.455 | |||
1993 | 3.05 | 1.63 | 1.115 | 0.488 | |||
2000 | 7.77 | 1.75 | 2.050 | 0.557 | |||
2007 | 4.36 | 1.76 | 1.474 | 0.568 | |||
2010 | 4.85 | 1.77 | 1.580 | 0.574 | |||
2013 | 5.73 | 1.82 | 1.745 | 0.598 | |||
2014 | 5.58 | 1.80 | 1.720 | 0.585 | |||
2015 | 5.33 | 1.83 | 1.673 | 0.602 | |||
Change | |||||||
1979–2007 | 1.10 | 0.36 | 0.29 | 0.23 | |||
1979–2015 | 2.06 | 0.43 | 0.49 | 0.27 | |||
1989–2015 | 2.95 | 0.25 | 0.71 | 0.15 |
Source: Authors’ analysis of data on top 0.1 percent wages from Mishel and Kroeger 2016 and extrapolation of Kaplan’s (2012b) CEO compensation series
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