Economic inequality is becoming more gender neutral
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
EVERYONE knows that economic inequality has increased dramatically since the 1970s, and this has created a new cottage industry: dissecting "the top one per cent". We now have a study from three economists that broadens what we know about these top earners. The study's biggest news: economic inequality is becoming more gender neutral.
Go back to the early 1980s, and almost no women were in the top one per cent. Now there are lots, says the study, though women's representation still remains well below their overall share in the workforce, about half in 2012.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?