Economic inequality is becoming more gender neutral
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access